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TPG Capital-backed RR Kabel gets Sebi approval for IPO
RR Kabel, a wires and cables manufacturer backed by TPG Capital, has received approval from India's capital markets regulator, Sebi, to raise funds through an IPO. The IPO will consist of a fresh issue of equity shares worth up to Rs 225 crore and an Offer For Sale (OFS) of over 1.72 crore equity shares by promoters and other shareholders.
RR Kabel, a wires and cables manufacturer backed by TPG Capital, has received approval from India's capital markets regulator, Sebi, to raise funds through an IPO. The IPO will consist of a fresh issue of equity shares worth up to Rs 225 crore and an Offer For Sale (OFS) of over 1.72 crore equity shares by promoters and other shareholders. 
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