Rishabh Instruments Limited

Rishabh Instruments Limited

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₹14,994(34 Shares)

Minimum Investment

IPO Dates

Aug 30, 2023 – Sep 1, 2023

Price Band

₹418–441 per equity share

Lot Size

34

Listing

Sep 11, 2023

Listing At

BSE, NSE

Aug 30, 2023Open DateCompleted
Sep 1, 2023Close DateCompleted
TBAAllotment DateUpcoming
Sep 11, 2023Listing DateCompleted

Rishabh Instruments Limited Live Subscription Details

All IPOs
Retail8.43x
QIB72.54x
NIIs
31.29x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

25.85x

bHNI (> ₹10L)

Bids above ₹10L

34.01x

Overall Subscription

Total Bids Received

31.65x

Rishabh Instruments Limited IPO Issue Details

Issue Price
₹418-441 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Sep 11, 2023

Company Information

Rishabh Instruments Limited is engaged in the business of manufacturing, design, and development of Test and Measuring Instruments and Industrial Control Products.The company provides cost-effective s...

Valuations

RoNW

11.67%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets648.93563.89511.97
Total Revenue579.78479.92402.49
Profit After Tax49.6949.6535.94
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Financing the cost towards the expansion of Nashik Manufacturing Facility I
  2. 2General corporate purposes.

Rishabh Instruments Limited – Promoter(s)

Mr. Narendra Joharimal Goliya

Contact Details

Rishabh Instruments Limited IPO Documents

Frequently Asked Questions — Rishabh Instruments Limited IPO

The Rishabh Instruments Limited IPO price band is set at ₹418.00 to ₹441.00 per equity share.

The lot size for Rishabh Instruments Limited IPO is 34 shares per lot. The minimum investment amount is approximately ₹14,994.

The Rishabh Instruments Limited IPO opens on Aug 30, 2023 and closes on Sep 1, 2023.

Rishabh Instruments Limited IPO is expected to be listed on Sep 11, 2023 on BSE, NSE.

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