RR Kabel IPO Subscription Status: RR Kabel IPO was subscribed 25% on day 1. RR Kabel IPO received tepid response from non-institutional investors retail investors, and employee portion on day 1. RR Kabel IPO retail investors' portion received bids for 23,93,762 shares against 66,01,237 shares on offer for this segment. RR Kabel IPO's non-institutional investors' portion received bids for 8,18,258 …
Ram Ratna Wires, a leading manufacturer of high-quality winding wires, on Wednesday, received approval from the board of directors to sell over 13.64 lakh equity shares in R R Kabel through an initial public offering. In its regulatory filing, Ram Ratna said, the board of directors has considered and approved the proposal for the sale of its equity investment held …