Rishabh Instruments Limited Incorporated in 1982, Company 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; and (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 IPO Timetable
|IPO Open Date||30 Aug 2023|
|IPO Close Date||01 Sep 2023|
|Allotment Date||06 Sep 2023|
|IPO Listing Date||11 Sep 2023|
Rishabh Instruments Limited IPO Details
|Issue Type||Book Built Issue IPO|
|Face Value||Rs. 10 Per Equity Share|
|IPO Price||Rs. 418 to Rs. 441 Per Equity Share|
|Market Lot||34 Share|
|Listing At||NSE & BSE|
|Issue Size||Approx. Rs. 491 Crore.|
Rishabh Instruments Limited IPO Lot Size
|Small HNI (Minimum)||14||476||Rs. 209916|
|Big HNI (Minimum)||67||2278||Rs. 1004598|
Rishabh Instruments Limited IPO Details Allotment Status
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|Particular||31 March 2023||31 March 2022||31 March 2021|
|Profit After Tax||49.69||49.65||35.94|
Mr. Narendra Joharimal Goliya is the promoter of the company.
Registrar & Company Details
|Company Contact Information|
|Rishabh Instruments Limited|
A-54, MIDC, Opposite,
MIDC Bus Depot, Andheri (East)
Mumbai – 400 093
Phone: +91 253 220 2183
|Kfin Technologies Limited|
Phone: 04067162222, 04079611000