Rishabh Instruments Limited IPO
Rishabh Instruments Limited IPO is listed on BSE and NSE, priced at ₹418–₹441 per share. The stock debuted at ₹460.05, delivering a listing gain of 4.3%. The IPO had a lot size of ₹34 shares and a minimum investment of ₹14,994.
Rishabh Instruments Limited IPO
- IPO Dates
- Aug 30, 2023 – Sep 1, 2023
- Price band
- ₹418-441 per equity share
- Minimum Investment
- ₹14,994
- Issue size
- Total ₹490.78 Cr : #Fresh Issue : 1,700,680 shares(aggregating up to ₹75.00 Cr) + #OFS : 9,428,178 shares of ₹10(aggregating up to ₹415.78 Cr)
- Lot size
- 34
- Allotment Date
- Sep 6, 2023
- Listing
- Sep 11, 2023
- Listing At
- BSE, NSE
IPO timeline
-
Aug 30, 2023
Open Date
Completed
-
Sep 1, 2023
Close Date
Completed
-
Sep 6, 2023
Allotment Date
Completed
-
Sep 11, 2023
Listing Date
Completed
Price Summary
- Last closing
- 489.00 (10.88%)
- 52 week high
- 548.80
- 52 week low
- 262.05
- Last update
Rishabh Instruments Limited IPO Essentials
Rishabh Instruments Limited IPO Details
Rishabh Instruments Limited IPO is priced at ₹418-441 per share with a total issue size of Total ₹490.78 Cr : #Fresh Issue : 1,700,680 shares(aggregating up to ₹75.00 Cr) + #OFS : 9,428,178 shares of ₹10(aggregating up to ₹415.78 Cr). The IPO has a lot size of 34 shares and is listed on BSE and NSE.
- Issue price
- ₹418-441 per equity share
- Lot size
- 34 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹490.78 Cr :
#Fresh Issue : 1,700,680 shares(aggregating up to ₹75.00 Cr) +
#OFS : 9,428,178 shares of ₹10(aggregating up to ₹415.78 Cr) - Listing at
- BSE, NSE
- List price
- 460.05(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Dam Capital Advisors Ltd, Motilal Oswal Investment Advisors Pvt Ltd, Mirae Asset Capital Markets (India) Private Limited
Rishabh Instruments Limited IPO Analytics
Rishabh Instruments Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rishabh Instruments Limited IPO Subscription Status
Rishabh Instruments Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,225,772 |
1,669,329
1,112,886
556,443
|
3,895,101 | 7,790,202 |
|
Day 1
30-08-23 05:00 PM
|
0.01 x |
1.24x
1.19x
1.35x
|
0.92 x | 0.73 x |
|
Day 2
31-08-23 05:00 PM
|
0.22 x |
4.65x
4.10x
5.76x
|
2.79 x | 2.46 x |
|
Day 3
01-09-23 05:00 PM
|
72.54 x |
31.29x
34.01x
25.85x
|
8.43 x | 31.65 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 8,65,227 (Approx) | 7.55 | ||
Rishabh Instruments Limited Valuations
Earnings
- EPS (Post IPO)
- ₹12.84/-
- P/E Ratio
- 33.69
Returns
- RoNW
- 11.67
Rishabh Instruments Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 648.93 | 563.89 | 511.97 |
| Revenue | 579.78 | 479.92 | 402.49 |
| Profit After Tax | 49.69 | 49.65 | 35.94 |
Rishabh Instruments Limited Company & Offer Insights
About Rishabh Instruments Limited
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 solutions to measure, control, record, analyze, and optimize energy and processes through an array of products. It also provides complete aluminum high-pressure die-casting solutions for customers requiring close tolerance fabrication (such as automotive compressor manufacturers and automation high precision flow meters manufacturers), machining, and finishing of precision components.
In 2011, Rishabh Instruments acquired Lumel Alucast, a non-ferrous pressure casting company in Europe, which helped the company establish a strong foot in manufacturing and supply of low-voltage current transformers. The company also provides certain manufacturing services which include mould design and manufacturing, EMI/EMC testing services, Electronic Manufacturing Services, and software solutions (e.g., MARC).
Rishabh Instruments has 4 segments:
(a) electrical automation devices
(b) metering, control, and protection devices
(c) portable test and measuring instruments
(d) solar string inverters.
The company has 3 manufacturing units and more than 270 dealers across the globe, reaching 70+ countries and 150+ dealers across India covering every state.
Rishabh Instruments Limited Promoter(s)
Mr. Narendra Joharimal Goliya are the company's promoters of Rishabh Instruments Limited.
Rishabh Instruments Limited IPO Issue Objectives
- •
- Financing the cost towards the expansion of Nashik Manufacturing Facility I
- •
- General corporate purposes.
Rishabh Instruments Limited IPO - Anchor Investors
Rishabh Instruments raises Rs 147.2 crore from anchor investors ahead of IPO.
A total of 16 investors made investments in the company via anchor book including HDFC Mutual Fund, Nippon Life, Sundaram Mutual Fund, Bandhan Mutual Fund, Aditya Birla Sun Life Insurance, Quant Mutual Fund, Tata Multicap Fund, and 3P India Equity Fund I.
Contact Information
Frequently Asked Questions
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Rishabh Instruments Limited IPO is a book-built IPO worth ₹Total ₹490.78 Cr : #Fresh Issue : 1,700,680 shares(aggregating up to ₹75.00 Cr) + #OFS : 9,428,178 shares of ₹10(aggregating up to ₹415.78 Cr). The price band is ₹418–₹441 per share. The IPO opens on Aug 30, 2023 and closes on Sep 1, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Rishabh Instruments Limited IPO is ₹418 to ₹441 per share.
The lot size of Rishabh Instruments Limited IPO is 34 shares.
The minimum investment for Rishabh Instruments Limited IPO is approximately ₹14,994 based on the upper price band .
Rishabh Instruments Limited IPO opens on Aug 30, 2023 and closes on Sep 1, 2023.
The allotment date of Rishabh Instruments Limited IPO is Sep 6, 2023.
Rishabh Instruments Limited IPO is expected to be listed on Sep 11, 2023, on BSE and NSE .
Rishabh Instruments Limited IPO listed on Sep 11, 2023. It was issued at ₹460.05(NSE) and is currently around ₹489.00 as on 14-May-2026 3:30 PM, which is approximately 10.9% versus issue price. The 52-week high is ₹548.80.
Based on listing and post-listing performance, Rishabh Instruments Limited IPO delivered around 10.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Rishabh Instruments Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Rishabh Instruments Limited IPO valuation snapshot: P/E 33.69, EPS ₹12.84/-, P/B N/A, RoNW 11.67, and market cap N/A.
To apply for Rishabh Instruments Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rishabh Instruments Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rishabh Instruments Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rishabh Instruments Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rishabh Instruments Limited IPO allotment status on IPO Ji for quick and easy access.