The global energy efficiency solution company Rishabh Instruments IPO will be hit the market 30 August 2023 and closes on 01 September 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹490.78 crore through IPO. The company will issue fresh shares of ₹75.00 crores through this IPO and will issue shares through offer for sale of ₹415.78 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Rishabh Instruments Limited is engaged in the business on electrical automation, metering and measurement, precision engineered products, with diverse applications across industries including power, automotive and industrial sectors. You can check Rishabh Instruments IPO GMP.
The company supply a wide range of electrical measurement and process optimization equipment, and are engaged in designing, developing and manufacturing, and sale of devices significantly under our own brand across several sectors. The company provide comprehensive solutions to our customers looking for cost-effective ways to measure, control, record, analyse and optimise energy and processes through our array of products.
The company also provide complete aluminium 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. You can check Rishabh Instruments IPO Allotment status here.
The company is a global leader in manufacturing and supply of analog panel meters, and we are among the leading global companies in terms of manufacturing and supply of low voltage current transformers.
The company have an extensive network of 175 authorized distributors/stockists across 81 districts in India with direct sales conducted through eight sales and marketing offices which collectively house 53 engineers and 24 sales personnel. You can check Rishabh Instruments IPO subscription status here.
The eight locations of our sales and marketing offices across India are New Delhi, Delhi, Kolkata, West Bengal, Mumbai, Maharashtra, Ahmedabad, Gujarat, Pune, Maharashtra, Chennai, Tamil Nadu, Bangalore, Karnataka and Hyderabad, Telangana. the company also have resident sales engineers in 10 cities across India. Globally we have served customers in over 100 countries in the last three financial years.
| Read also: Upcoming IPO List 2023 |
Object Of the Issue :
- Financing the cost towards expansion of Nashik Manufacturing Facility I (“Expansion of Nashik Manufacturing Facility I”); and
- General corporate purposes
Company Strengths :
- Ability to drive technology and innovation through advanced research and development capabilities
- Global engineering solution provider operating in large addressable markets and well positioned to benefit from mega industrialisation trends
- Vertically integrated operations, backed by strong manufacturing capabilities
- Diversified product portfolio
- Wide customer base
- Track record of successful integration of acquired businesses or entities across geographies
- Global and integrated business model increasing cost competitiveness and de-risking customer supply chain
- Well-established and recognised brands
- Strong and demonstrated management capabilities
Rishabh Instruments IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹49.69 Cr ₹441 Per Shares 12.84 34.35x 12.39 % 11.67 % 13.77 % 0.26 ₹109.98 ₹684.93 Cr ₹1674.10 Cr 80.67 % 70.68 % |
| Team Review : | ✔ Apply For Long Term |
Rishabh Instruments IPO Date & Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | 30 August 2023 |
| IPO Close : | 01 September 2023 |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹418 – ₹441 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹490.78 Cr {11,128,858 Shares} |
| Fresh Issue : | ₹75.00 Cr {1,700,680 Shares} |
| Offer For Sale : | ₹415.78 Cr {9,428,178 shares} |
Rishabh Instruments IPO Market Lot :
Rishabh Instruments IPO Minimum Market lot is 1 Lot with 34 shares with ₹14,994 Application amount. The retail investors can apply up to 13 lots with 442 Shares or ₹194,922 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 34 | ₹14,994 |
| Retail Maximum : | 13 | 442 | ₹194,922 |
| S-HNI Minimum : | 14 | 476 | ₹209,916 |
| S-HNI Maximum : | 66 | 2,244 | ₹989,604 |
| B- HNI Minimum : | 67 | 2,278 | ₹1,004,598 |
Rishabh Instruments IPO Shares Offer :
A Total of 11,128,858 shares are to be bid for the public issue by Rishabh Instruments IPO with 1,700,680 for Fresh issue and 9,428,178 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 9,428,178 | ₹415.78 Cr |
| Offer For Sale : | 1,700,680 | ₹75.00 Cr |
| Total : | 11,128,858 | ₹490.78 Cr |
Rishabh Instruments IPO Reservation :
Rishabh Instruments IPO Total Reservation of 11,128,858 shares are to be bid for the public issue by Rishabh Instruments IPO with 5,564,429 for QIB and 1,669,329 for NII 3,895,100 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 5,564,429 | ₹245.39 Cr |
| NII : | 15% | 1,669,329 | ₹73.62 Cr |
| RII : | 35% | 3,895,100 | ₹171.77 Cr |
| Total : | 100% | 11,128,858 | ₹490.78 Cr |
Rishabh Instruments IPO EPS & RoNW :
The Rishabh Instruments company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
|---|---|---|---|
| 2023 | ₹12.84 | 11.67 % | ₹109.98 |
| 2022 | ₹12.91 | 13.82 % | ₹93.38 |
| 2021 | ₹9.32 | 11.61 % | ₹80.33 |
Rishabh Instruments IPO Peer Comparison PE :
The Rishabh Instruments, According to RHP There are no comparable listed companies in India whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | There are no comparable listed companies in India. | – |
Rishabh Instruments IPO Dates :
Rishabh Instruments IPO Date is 30 August 2023 and closes on 01 September 2023. The allotment will be finalized on 06 September 2023 and the IPO may list on Announced Soon.
| Anchor Date : | 29 August 2023 |
| Open Date : | 30 August 2023 |
| Close Date : | 01 September 2023 |
| Allotment Date : | 06 September 2023 |
| Refund Date : | 07 September 2023 |
| Share Credit Date : | 08 September 2023 |
| Listing Date : | 11 September 2023 |
Rishabh Instruments IPO Form :
There are two ways to apply in Rishabh Instruments IPO. You can apply for Rishabh Instruments IPO through ASBA available in your bank account. You have to go to your online bank login and select Rishabh Instruments IPO in the Invest section and apply through your bank account. Another option is you can apply for Rishabh Instruments IPO through IPO form download through NSE and BSE. See the Rishabh Instruments IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rishabh Instruments Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹579.78 | ₹519.07 | ₹49.69 |
| 2022 | ₹479.92 | ₹420.69 | ₹49.65 |
| 2021 | ₹402.49 | ₹356.73 | ₹35.94 |
Company Promoters :
■ Narendra Joharimal Goliya
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Rishabh Instruments IPO Lead Managers :
■ DAM Capital Advisors Limited
■ Mirae Asset Capital Markets (India) Private Limited
■ Motilal Oswal Investment Advisors Limited
Rishabh Instruments IPO Registrar :
KFin Technologies Limited
Selenium, Tower B,
Plot No. – 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddy 500 032
Telangana, India
Tel: +91 40 6716 2222
Investor Grievance E-mail: [email protected]
E-mail: [email protected]
Website: www.kfintech.com
Note: Check Rishabh Instruments IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rishabh Instruments Limited
A-54, MIDC, Opposite,
MIDC Bus Depot, Andheri (East)
Mumbai – 400 093
Phone: +91 253 220 2183
Email: [email protected]
Website: https://rishabh.co.in
Rishabh Instruments IPO FAQs :
What is Rishabh Instruments IPO?
Rishabh Instruments IPO is Mainboard IPO. They are going to raise ₹490.78 Crores via IPO. The issue is priced at ₹418-₹441 per equity share. The IPO is to be listed on NSE, BSE.
When Rishabh Instruments IPO will open?
The IPO is to open on 30 Aug – 01 Sep for QIB, NII & RII.
What is Rishabh Instruments IPO Size?
Rishabh Instruments IPO size is ₹490.78 Crores.
What is the Fresh issue size of Rishabh Instruments IPO?
The Fresh issue size of Rishabh Instruments IPO ₹75.00 Cr.
What is the Offer For Sale size of Rishabh Instruments IPO?
The Offer For Sale size of Rishabh Instruments IPO ₹415.78 Cr.
What is Rishabh Instruments IPO Price Band?
Rishabh Instruments IPO Price Band is ₹418-₹441 Per share.
What is Rishabh Instruments IPO Minimum and Maximum Lot Size?
The minimum 34 Shares with ₹14,994 amount while the maximum 442 shares with ₹194,922.
What is Rishabh Instruments IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Rishabh Instruments IPO Allotment Date?
Rishabh Instruments IPO allotment date is 06 September 2023.
What is Rishabh Instruments IPO Listing Date?
Rishabh Instruments IPO listing date is 11 September 2023. The IPO to list on NSE, BSE.
How to Apply the Rishabh Instruments IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rishabh Instruments IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rishabh Instruments IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rishabh Instruments IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rishabh Instruments IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rishabh Instruments IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rishabh Instruments IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rishabh Instruments IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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All Rishabh Instruments IPO-related links are available here. If you want to know the details then click on Click Here Link.
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