Rishabh Instruments is a world power potency resolution corporate considering electric automation, metering, and size, precision engineered merchandise, et al. with various packages throughout industries together with energy, automobile, and commercial sectors. The corporate provides quite a lot of electric size and procedure optimization apparatus and is engaged in designing, creating production, and sale of units considerably below their emblem throughout a number of sectors.
They additionally supply entire aluminium high-pressure die-casting answers for purchasers requiring shut tolerance
fabrication (corresponding to automobile compressor producers and automation excessive precision float meters producers), machining and completing of precision elements. They are a world chief in production and provide of analog panel meters, and we’re a number of the main international corporations relating to production and provide of low voltage present transformers (Source: F&S Report). Rishabh Instruments obtained Lumel Alucast, a non-ferrous stress casting corporate in Europe. Lumel is the preferred emblem in Poland for meters, controllers, and recorders and Lumel Alucast is likely one of the main non-ferrous stress casting avid gamers in Europe (Source: F&S Report).
They are a vertically built-in participant interested in designing, creating, production, and supplying (a) electric automation units; (b) metering, keep watch over, and coverage units; (c) moveable check and measuring tools; and (d) sun string inverters. The corporate has over 164 licensed vendors/stockists catering to world shoppers throughout 70 international locations together with Germany, the United States, the United Kingdom, Australia, the Middle East, and many others. Lumel has 15 licensed vendors/stockists in Poland, and over 20 licensed vendors/stockists outdoor Poland.
Objects of the Issue
- Financing the price in opposition to the growth of Nashik Manufacturing Facility I, and
- General company functions.
Rishabh Instruments IPO Review (Apply or Not)
Brokerage Firm IPO Review
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- Arihant Capital: To be up to date quickly
Rishabh Instruments IPO Date & Price Band Details
| IPO Open: | August 30, 2023 |
| IPO Close: | September 1, 2023 |
| IPO Size: | Approx ₹491 Crores |
| Fresh Issue: | Approx ₹75 Crores |
| Offer for Sale: | Approx 9,428,178 stocks |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹418 to ₹441 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Rishabh Instruments IPO Market Lot
The Rishabh Instruments IPO minimal marketplace lot is 34 stocks with ₹14,994 utility quantity. The retail traders can observe up-to 13 loads with 442 stocks or ₹194,922 quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 34 | ₹14,994 |
| Retail Maximum | 13 | 442 | ₹194,922 |
| S-HNI Minimum | 14 | 476 | ₹209,916 |
| B-HNI Minimum | 67 | 2,278 | ₹1,004,598 |
Rishabh Instruments IPO Allotment & Listing Dates
The Rishabh Instruments IPO date is August 30 and the shut date is September 1. The Rishabh Instruments IPO allotment can be finalized on September 6, and the IPO record on September 11.
| Price Band Announcement: | August 25, 2023 |
| Anchor Investors Allotment: | August 29, 2023 |
| IPO Open Date: | August 30, 2023 |
| IPO Close Date: | September 1, 2023 |
| Basis of Allotment: | September 6, 2023 |
| Refunds: | September 7, 2023 |
| Credit to Demat Account: | September 8, 2023 |
| IPO Listing Date: | September 11, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Rishabh Instruments IPO Form
How to use for the Rishabh Instruments IPO? You can observe for Rishabh Instruments IPO by the use of ASBA to be had for your checking account. Just cross to the net financial institution login and observe by the use of your checking account by way of deciding on the Rishabh Instruments IPO within the Invest phase. The different choice is you’ll observe for Rishabh Instruments IPO by the use of IPO paperwork downloaded by the use of NSE and BSE. Check out the Rishabh Instruments paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and put up for your financial institution or together with your dealer.
Rishabh Instruments Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹402 | ₹357 | ₹35.94 |
| 2022 | ₹480 | ₹421 | ₹49.65 |
| 2023 | ₹598 | ₹519 | ₹49.69 |
Rishabh Instruments IPO Valuation – FY2023
Check Rishabh Instruments IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹12.84 according to Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 11.67% |
| Net Asset Value (NAV): | ₹109.98 according to Equity Share |
Peer Group
- Narendra Joharimal Goliya
Rishabh Instruments IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Rishabh Instruments IPO Allotment Status Check
Check Rishabh Instruments IPO allotment standing on KFintech website online allotment URL. Click Here
Rishabh Instruments IPO Lead Managers aka Merchant Bankers
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Motilal Oswal Investment Advisors Pvt Ltd
- Mirae Asset Capital Markets (India) Private Limited
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
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What is Rishabh Instruments IPO Price Band?
What is the Rishabh Instruments IPO Allotment Date?
Rishabh Instruments IPO allotment date is September 6, 2023.
What is the Rishabh Instruments IPO Listing Date?
Rishabh Instruments IPO record date is September 11, 2023. The IPO is to listing on BSE and NSE.
Note: The Rishabh Instruments IPO worth band and date are formally introduced. The IPO gray marketplace top rate (Rishabh Instruments IPO Premium) can be added to the IPO gray marketplace web page as it’s going to get started).
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