Rishabh Instruments IPO Date, Review, Price, Allotment Details

Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering, and 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 their brand across several sectors.

They 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. They are 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 (Source: F&S Report). Rishabh Instruments acquired Lumel Alucast, a non-ferrous pressure casting company in Europe. Lumel is the most popular brand in Poland for meters, controllers, and recorders and Lumel Alucast is one of the leading non-ferrous pressure casting players in Europe (Source: F&S Report).

They are a vertically integrated player involved in designing, developing, manufacturing, and supplying (a) electrical automation devices; (b) metering, control, and protection devices; (c) portable test and measuring instruments; and (d) solar string inverters. The company has over 164 authorized distributors/stockists catering to international customers across 70 countries including Germany, the United States, the United Kingdom, Australia, the Middle East, etc. Lumel has 15 authorized distributors/stockists in Poland, and over 20 authorized distributors/stockists outside Poland.

Objects of the Issue

• Financing the cost towards the expansion of Nashik Manufacturing Facility I, and
• General corporate purposes.

Rishabh Instruments IPO Review (Apply or Not)

• MAY APPLY

Brokerage Firm IPO Review

• HENSEX Securities – Apply

Rishabh Instruments IPO Date & Price Band Details

Rishabh Instruments IPO Market Lot

The Rishabh Instruments IPO minimum market lot is 34 shares with ₹14,994 application amount. The retail investors can apply up-to 13 lots with 442 shares or ₹194,922 amount.

Rishabh Instruments IPO Allotment & Listing Dates

The Rishabh Instruments IPO date is August 30 and the close date is September 1. The Rishabh Instruments IPO allotment will be finalized on September 6, and the IPO listing on September 11.

You can check IPO subscription status and IPO allotment status on their respective pages.

Rishabh Instruments IPO Form

How to apply for the Rishabh Instruments IPO? You can apply for Rishabh Instruments IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rishabh Instruments IPO in the Invest section. The other option is you can apply for Rishabh Instruments IPO via IPO forms downloaded via NSE and BSE. Check out the Rishabh Instruments forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Rishabh Instruments Company Financial Report

Rishabh Instruments IPO Valuation – FY2023

Check Rishabh Instruments IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• 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 status on KFintech website 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