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RISHABHEQ / NSE, BSEListed

Rishabh Instruments Limited

Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, design, and development of test and measuring instruments, industrial control products, and energy optimization solutions. The company also offers aluminum high-pressure die-casting services for precision components used in automotive compressors and flow meters. In 2011, it acquired Lumel Alucast in Europe, strengthening its position in low-voltage current transformer manufacturing. Rishabh operates across four product segments – electrical automation devices, metering/control/protection devices, portable test instruments, and solar string inverters. With three manufacturing units and a global network of 270+ dealers, the company serves 70+ countries, along with 150+ dealers across India.

₹418 - ₹44131.65x sub
Listed Price460.05
Listing Gain+4.32%
TimelineBook Built Issue IPO
Open30 Aug 2023
Close01 Sep 2023
Allotment06 Sep 2023
Listing11 Sep 2023

Quota Reservation Portions

QIBPortion: 55,64,428 shares
50%
Nii (hni)Portion: 16,69,329 shares
15%
RetailPortion: 38,95,101 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 34 shares
₹14,994
sHNI14 lots / 476 shares
₹2,09,916
bHNI67 lots / 2,278 shares
₹10,04,598

About the Company

Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, design, and development of test and measuring instruments, industrial control products, and energy optimization solutions. The company also offers aluminum high-pressure die-casting services for precision components used in automotive compressors and flow meters. In 2011, it acquired Lumel Alucast in Europe, strengthening its position in low-voltage current transformer manufacturing. Rishabh operates across four product segments – electrical automation devices, metering/control/protection devices, portable test instruments, and solar string inverters. With three manufacturing units and a global network of 270+ dealers, the company serves 70+ countries, along with 150+ dealers across India.

Company Promoters

Mr. Narendra Joharimal Goliya