Rishabh Instruments IPO Description – Incorporated in 1982, Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering, measurement, precision engineered products, et al. with diverse applications across industries including power, automotive, and industrial sectors. The company supplies a wide range of electrical measurement and process optimization equipment and is engaged in designing, developing manufacturing, and sale of devices significantly under its own brand across several sectors.
Rishabh Instruments provides comprehensive solutions to customers looking for cost-effective ways to measure, control, record, analyze, and optimize energy and processes through its 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.
The company is a vertically integrated player involved in designing, developing, manufacturing, and supplying:
- Electrical Automation Devices
- Metering, Control, and Protection Devices
- Portable Test and Measuring Instruments
- Solar String Inverters
Rishabh Instruments’ product portfolio consists of over 145 product lines and 0.13 million stock-keeping units as of 31 October 2022. In the six months ended 30 September 2022 and FY 2022, 2021, and 2020, it manufactured an aggregate of 6.65 million units, 14.02 million units, 13.35 million, and 15.71 million units of products, respectively, across the product lines. The company has served customers in over 100 countries. Rishabh Instruments R&D centers in India, Poland, and China are staffed with a team of 93 engineers as of 31 October 2022.
Promoters of Rishabh Instruments – Narendra Joharimal Goliya
Rishabh Instruments IPO Details
| Rishabh Instruments IPO Dates | 30 Aug – 1 Sep 2023 |
| Rishabh Instruments IPO Price | INR 418 – 441 per share |
| Fresh issue | 1,700,680 shares (INR 71.09 – 75.0 crore) |
| Offer For Sale | 94,28,178 shares (INR 394.10 – 415.78 crore) |
| Total IPO size | 11,128,858 shares (INR 465.19 – 490.78 crore) |
| Minimum bid (lot size) | 34 shares (INR 14,994) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Rishabh Instruments Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 389.96 | 470.25 | 569.54 |
| Expenses | 356.73 | 420.70 | 519.08 |
| Net income | 35.94 | 49.65 | 49.69 |
| Margin (%) | 9.22 | 10.56 | 8.73 |
Rishabh Instruments Offer News
- Rishabh Instruments RHP
- Rishabh Instruments DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Rishabh Instruments Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 9.32 | 12.89 | 12.76 |
| PE ratio | – | – | 32.76 – 34.56 |
| RONW (%) | 11.61 | 13.82 | 11.67 |
| NAV | 80.33 | 93.38 | 109.98 |
| ROCE (%) | 12.16 | 15.20 | 13.77 |
| EBITDA (%) | 17.96 | 17.57 | 15.16 |
| Debt/Equity | 0.35 | 0.28 | 0.26 |
Rishabh Instruments IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 9 September 2023 | 65 | 250 | 1,800 |
| 8 September 2023 | 65 | 250 | 1,800 |
| 7 September 2023 | 70 | 250 | 1,800 |
| 6 September 2023 | 70 | 250 | 1,800 |
| 5 September 2023 | 65 | 250 | 1,800 |
| 4 September 2023 | 65 | 250 | 1,800 |
| 2 September 2023 | 65 | 250 | 1,800 |
| 1 September 2023 | 75 | 250 | 2,000 |
| 31 August 2023 | 60 | – | 2,000 |
| 30 August 2023 | 45 | – | 2,500 |
| 29 August 2023 | 30 | – | 3,000 |
Rishabh Instruments IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 22,25,772 | 16,69,329 | 38,95,101 | 77,90,202 |
| 1 Sep 2023 | 72.54 | 31.28 | 8.41 | 31.63 |
| 31 Aug 2023 | 0.22 | 4.65 | 2.79 | 2.46 |
| 30 Aug 2023 | 0.01 | 1.24 | 0.92 | 0.73 |
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Rishabh Instruments Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Rishabh Instruments Contact Details
RISHABH INSTRUMENTS LIMITED
F-31, MIDC, Satpur, Nashik 422 007, Maharashtra, India
Phone: +91 253 220 2183
E-mail: [email protected]
Website: www.rishabh.co.in
Rishabh Instruments IPO Allotment Status
Rishabh Instruments IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Rishabh Instruments IPO Dates & Listing Performance
| Rishabh Instruments IPO Opening Date | 30 August 2023 |
| Rishabh Instruments IPO Closing Date | 1 September 2023 |
| Finalisation of Basis of Allotment | 6 September 2023 |
| Initiation of refunds | 7 September 2023 |
| Transfer of shares to demat accounts | 8 September 2023 |
| Rishabh Instruments IPO Listing Date | 11 September 2023 |
| Opening Price on NSE | INR 460.05 per share (up 4.32%) |
| Closing Price on NSE | INR 443.15 per share (up 0.49%) |
Rishabh Instruments IPO FAQs
How many shares in Rishabh Instruments IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Rishabh Instruments Public Offer?
The best way to apply in Rishabh Instruments public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Rishabh Instruments IPO GMP today?
Rishabh Instruments IPO GMP today is INR 65 per share.
What is Rishabh Instruments kostak rate today?
Rishabh Instruments kostak rate today is INR 250 per application.
What is Rishabh Instruments Subject to Sauda rate today?
Rishabh Instruments Subject to Sauda rate today is INR 1,800 per application.
