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RISHABHEQ / NSE, BSEListed
Rishabh Instruments

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 Price₹460.05
Listing Gain+4.32%

IPO Schedule & Timeline

Book Built Issue IPO
Open30 Aug 2023
Close01 Sep 2023
Allotment06 Sep 2023
Listing11 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB55,64,428 shares
50%
Nii (hni)16,69,329 shares
15%
Retail38,95,101 shares
35%

Minimum Application Lots

Retail1 Lot (34 shares)
₹14,994
sHNI14 Lots (476 shares)
₹2,09,916
bHNI67 Lots (2,278 shares)
₹10,04,598

Company Promoters

Mr. Narendra Joharimal Goliya

Company Background

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 a...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021)₹402.49 Cr
Growth-30.6%
Revenue Trend (₹ in Crores)
0.0222.2444.5666.7Mar 2023Mar 2022Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021402.4935.94511.9791.95
Mar 2022479.9249.65563.8996.57
Mar 2023579.7849.69648.93102.85

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values12.8412.39%13.77%033.69

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
06 Sep 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
11 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Sep 2023Trading commences on exchange

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3Enter Details

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About Rishabh Instruments IPO

Complete issue overview for Rishabh Instruments (RISHABH) IPO. The issue features an equity share price band of ₹418 – ₹441 per share with a minimum retail lot size of 34 Shares (minimum application amount of ₹14,994). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions