RR Kabel’s Rs 1,964-crore IPO, which comprised a fresh issue size of Rs 180 crore and an offer for sale (OFS) of up to 1.72 crore equity shares, closed on September 15. The company listed within two days of IPO closing, marking the fastest debut by any company after the IPO. On BSE and NSE, RR Kabel shares listed at a 14% premium.
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 crore
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6