Rishabh Instruments Limited IPO

Rishabh Instruments IPO

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 Date30 Aug 2023
IPO Close Date01 Sep 2023
Allotment Date06 Sep 2023
IPO Listing Date11 Sep 2023

Rishabh Instruments Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 418 to Rs. 441 Per Equity Share
Market Lot34 Share
Listing AtNSE & BSE
Issue SizeApprox. Rs. 491 Crore.

Rishabh Instruments Limited IPO Lot Size

Minimum134Rs. 14994
Maximum13442Rs. 194922
Small HNI (Minimum)14476Rs. 209916
Big HNI (Minimum)672278Rs. 1004598

Rishabh Instruments Limited IPO Details Allotment Status

Click Here To Check IPO Allotment Status Rishabh Instruments Limited IPO

Click Here To Get ASBA Forms Rishabh Instruments Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets648.93563.89511.97
Total Revenue579.78479.92402.49
Profit After Tax49.6949.6535.94
for accurate figures follow the company financials.

Company Promoters:

Mr. Narendra Joharimal Goliya is the promoter of the company.

Registrar & Company Details

Company Contact Information
IPO Registrar
Rishabh Instruments Limited

A-54, MIDC, Opposite,
MIDC Bus Depot, Andheri (East)
Mumbai – 400 093
Phone: +91 253 220 2183
Email: cs@rishabh.co.in
Website: https://rishabh.co.in/
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: rishabh.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

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