Rishabh Instruments IPO Details
Issue Date
--
Price Range
₹441
Lot Size
34
IPO Size
₹490.78 Cr
Rishabh Instruments IPO Listing Details
Listing On
11 Sep'23
Issue Price
--
Listed Price
₹ 460.05
Retail Gain/Listing Gain
▲4.32%
Schedule of Rishabh Instruments IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
11/09/2023
Company Background
Rishabh Instruments Ltd. is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including the power, automotive and industrial sectors. They supply a wide range of electrical measurement and process optimisation types of equipment and are engaged in designing, developing manufacturing, and sale of devices significantly under their own brand across several sectors.
The company holds a prominent position as a manufacturer and supplier of analog panel meters. It stands as one of the foremost global enterprises in the realm of producing and distributing low-voltage current transformers (F&S Report.)
The company was recognized as a 'Star Performer' 6 times between fiscal years 2005 to 2012, within the category of miscellaneous instruments and appliances (large enterprise) by the Engineering Export Promotion Council of India.
With that, let's take a look at the competitive strengths and risk factors for Rishabh Instruments Ltd:
Competitive Strengths
Wide customer base
A global engineering solution provider in thriving markets, strategically poised to capitalise on major industrialisation trends.
Ability to drive technology and innovation through advanced research and development
Risk Factors
-
The business is dependent and will continue to depend on the Manufacturing Facilities, and are subject to certain risks in the manufacturing process.
-
The company is dependent on its Poland Manufacturing Facilities and any disruption, slowdown or shutdown may restrict operations.
-
Most customers do not commit to long-term contracts and may cancel orders, change production quantities, delay production or change sourcing strategies.
Key Strategies
-
Enhance product innovation, engineering and design competence while focusing on higher value addition.
-
Expanding geographical footprint.
-
Continue to pursue a strategy for inorganic growth.
Rishabh Instruments Ltd
Here are the key financials for Rishabh Instruments Limited.
How to apply for IPO through ASBA
00m 58 s
Rishabh Instruments IPO FAQs
The Rishabh Instruments IPO opens for subscription from [-] to [-], with a total issue size of ₹490.78 Cr. The IPO price band is ₹441 to ₹0 per share with a lot size of 34. The company aims to list the shares on BSE & NSE on 11-09-2023.
The Rishabh Instruments IPO will open for subscription on [-] and will close on [-] for investors.
The minimum lot size for the Rishabh Instruments IPO is 34 equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.
The price band of the Rishabh Instruments IPO has been fixed at ₹441 to ₹0 per equity share.
You can apply for the Rishabh Instruments IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Rishabh Instruments IPO allotment will take place on [-].
You can check the Rishabh Instruments IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Rishabh Instruments shares will list on the stock exchanges on 11-09-2023.
The Rishabh Instruments Limited IPO has an issue size of Rs. 490.78 crores. The IPO opens for subscription on 30th August and ends on 1st September 2023.
KFin Technologies Limited is the registrar for this IPO.
You may read more about Rishabh Instruments Limited and its IPO from the company’s red herring prospectus (RHP) here.
Trending IPOs
22 May - 26 May'26 | |||||||||
25 May - 27 May'26 | |||||||||
26 May - 29 May'26 | |||||||||
26 May - 29 May'26 | |||||||||
01 Jun - 03 Jun'26 | |||||||||