Rishabh Instruments Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹418 - ₹441
- Lot size
- 34 shares
- Issue amount
- ₹490.78 cr
- Total subscription
- 31.65×
- Opens
- 30 Aug 2023
- Closes
- 1 Sept 2023
- Allotment
- 6 Sept 2023
- Listing
- 11 Sept 2023
Offer at a glance
Issue overview
- Issue size
- 1,11,28,858 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,212
- Fresh issue
- ₹75 cr
- Offer for sale
- ₹415.78 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,994
- Issue type
- Book Built Issue IPO
- Shares before issue
- 3,62,60,678
- Shares after issue
- 3,79,61,358
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 34 | ₹14,994 |
| sHNI | 14 | 476 | ₹2,09,916 |
| bHNI | 67 | 2,278 | ₹10,04,598 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 98.16 | 7,120.29 |
| RETAIL | 171.77 | 1,448.25 |
| NIB | 73.62 | 2,303.26 |
| HNIs 2+ | 24.54 | 634.26 |
| HNIs 10+ | 49.08 | 1,668.99 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 12.84 |
| ROE | 12.39 |
| ROCE | 13.77 |
| RONW | 11.67 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 33.69 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, design, and development of test and measuring instruments, industrial control products, and energy optimization solutions. The company also offers aluminum high-pressure die-casting services for precision components used in automotive compressors and flow meters. In 2011, it acquired Lumel Alucast in Europe, strengthening its position in low-voltage current transformer manufacturing. Rishabh operates across four product segments – electrical automation devices, metering/control/protection devices, portable test instruments, and solar string inverters. With three manufacturing units and a global network of 270+ dealers, the company serves 70+ countries, along with 150+ dealers across India.
Promoters
Mr. Narendra Joharimal Goliya
Registrar & documents
Lead manager
Dam Capital Advisors Limited, Motilal Oswal Investment Advisors Limited, Mirae Asset Capital Markets (India) Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-54, MIDC, Opposite, MIDC Bus Depot, Andheri (East) Mumbai - 400 093
+91 253 220 2183
[email protected]Company website ↗Understanding RISHABH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.