R R Kabel Limited IPO GMP Today: Take a look at the current Grey Market Premium (GMP) for the R R Kabel IPO. The Grey Market Premium for R R Kabel has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
R R Kabel Limited IPO is an initial public offering (IPO) of equity shares by R R Kabel Limited, a leading manufacturer of wires and cables in India. The IPO is a combination of a fresh issue of 17,39,130 equity shares and an offer for sale (OFS) of 1,72,36,808 equity shares. The total size of the IPO is ₹1,964.01 crore.
R R Kabel Limited IPO GMP
Latest IPO GMP price for R R Kabel is Rs. 270 (24%). It has an increasing trend for last 3-4 days. The IPO will be listed on 18th September 2023. Here is the GMP trend for last few days. For the latest update you can check this IPO GMP page as well.
| Date | GMP |
| Today | ₹95 |
| 18 September | ₹95 |
| 17 September | ₹100 |
| 16 September | ₹100 |
| 15 September | ₹115 |
| 14 September | ₹135 |
| 13 September | ₹135 |
| 12 September | ₹270 |
| 11 September | ₹230 |
| 10 September | ₹270 |
| 9 September | ₹270 |
| 8 September | ₹270 |
| 7 September | ₹250 |
| 6 September | ₹250 |
R R Kabel Limited IPO GMP FAQs
The latest GMP for R R Kable is Rs. 115 as on 15th September 2023.
The expected return on the R R Kabel IPO is around 10%.
It depends on your financial goal and time horizon. Also look at your risk appetite while investing in to any IPO.
The listing date for R R Kabel IPO is 28th September 2023.
The Grey Market Premium (GMP) is the additional price or premium that a stock or IPO (Initial Public Offering) commands in the unofficial or secondary market before it officially gets listed and traded on the stock exchange. It is essentially the difference between the price at which shares are being bought and sold in the grey market and the IPO’s issue price set by the company.
The grey market operates outside of the official stock exchanges, and it provides a platform for investors to trade shares of an IPO before they are available for trading on the stock market. The GMP reflects market sentiment and demand for the IPO shares before they become publicly accessible. If the GMP is positive, it means that the IPO is in high demand, and investors are willing to pay a premium to secure shares before they officially debut on the stock exchange. Conversely, a negative GMP indicates lower demand and suggests that investors are not willing to pay a premium for those shares.
Investors and market participants closely monitor the Grey Market Premium as it can provide insights into the perceived value and potential listing performance of an IPO. However, it’s important to note that GMP is unofficial and can fluctuate rapidly, so it should be considered cautiously when making investment decisions.