The Rishabh Instruments IPO subscription status has started on August 30, 2023, and it is also being subscribed by QIB, NII, and RII. The Rishabh Instruments IPO began on August 30, 2023 and will end on September 01, 2023. Rishabh Instruments IPO is preparing to raise ₹490.78 crores through its fresh issue and offer for sale, in which the fresh issue is ₹75.00 crores and the offer for sale is ₹415.78 crores, and the Rishabh Instruments IPO price band is fixed ₹418 to ₹441 per share. Check out Rishabh Instruments’ IPO GMP here.
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.
Rishabh Instruments IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Rishabh Instruments IPO Subscription Status, you can see the below-day Subscription. You can check Rishabh Instruments IPO Allotment status here.
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 Subscription Status {Live Update} :
The total Rishabh Instruments IPO Subscription Status subscribed 31.54x times so far, with QIB subscribed 72.54x and NII subscribed 31.29x times & RII 8.43x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.01x | 0.22x | 72.54x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 1.24x ______ 1.19x 1.35x | 4.65x ______ 4.10x 5.76x | 31.29x ______ 34.01x 25.85x |
| RII : | 0.92x | 2.79x | 8.43x |
| Total : | 0.73x | 2.46x | 31.65x |
Rishabh Instruments IPO Net Shares Offered:
Rishabh Instruments IPO is a public issue of 11,128,858 equity shares. The issue offers 2,225,772 shares to qualified institutional buyers, 1,669,329 shares to non-institutional investors, and 3,895,101 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor Investor : | 3,338,656 | 147.23 Cr |
| QIB : | 2,225,772 | 98.16 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 1,669,329 ______________ 1,112,886 556,443 | 73.62 Cr _______ 49.08 Cr 24.54 Cr |
| RII : | 3,895,101 | 171.77 Cr |
| Total : | 11,128,858 | 171.77 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Rishabh Instruments IPO Subscription Status FAQs :
How much was the total Rishabh Instruments IPO Subscription Status?
The total Rishabh Instruments IPO Subscription Status 31.65x times Day 3.
What is the Rishabh Instruments IPO retail subscription Status?
Rishabh Instruments IPO Retail Subscription 8.43x times Day 3.
How much is the Rishabh Instruments IPO QIB subscription Status?
The Rishabh Instruments IPO QIB subscription 72.54x times Day 3.
How much did Rishabh Instruments IPO NII subscribe?
Rishabh Instruments IPO NII Subscription 31.29x times Day 3.
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.
| Rishabh Instruments IPO GMP: Click Here Rishabh Instruments IPO Details: Click Here Rishabh Instruments IPO Allotment: Click Here Rishabh Instruments IPO Listing: Click Here |
All Rishabh Instruments IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.