{"id":4850,"date":"2023-08-30T16:33:00","date_gmt":"2023-08-30T11:03:00","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=4850"},"modified":"2023-09-01T09:50:08","modified_gmt":"2023-09-01T04:20:08","slug":"rishabh-instruments-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/rishabh-instruments-ipo\/","title":{"rendered":"Rishabh Instruments Limited - IPO Details (NSE,BSE)"},"content":{"rendered":"\n<p><strong>Rishabh Instruments IPO Price: <\/strong>\u20b9418 to \u20b9441 per share<strong><br>IPO Date Range:<\/strong> Aug 30, 2023 - Sep 1, 2023<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/08\/Rishabh-Instruments-Logo.png\" alt=\"Rishabh Instruments IPO\" class=\"wp-image-4851\" style=\"width:277px;height:196px\" width=\"277\" height=\"196\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/08\/Rishabh-Instruments-Logo.png 255w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/08\/Rishabh-Instruments-Logo-150x106.png 150w\" sizes=\"(max-width: 277px) 100vw, 277px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, designing, and developing Test and Measuring Instruments and Industrial Control Products.<\/p>\n\n\n\n<p><strong>Business Activities:<\/strong> Rishabh Instruments focuses on manufacturing, design, and development of Test and Measuring Instruments and Industrial Control Products.<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Product\/Service Segments:<\/strong> Rishabh Instruments provides electrical automation devices, metering, control and protection devices, portable test and measuring instruments, and solar string inverters.<\/li>\n\n\n\n<li><strong>Global and Domestic Presence:<\/strong> Rishabh Instruments has 3 manufacturing units, 270+ dealers worldwide in 70+ countries, and 150+ dealers across India.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-db5f2932 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>IPO Specifics<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>Aug 30, 2023 to Sep 1, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>[.]<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price<\/td><td>\u20b9418 to \u20b9441 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>34 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>11,128,858 shares<br>(aggregating up to \u20b9490.78 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>1,700,680 shares<br>(aggregating up to \u20b975.00 Cr)<\/td><\/tr><tr><td>Offer for Sale<\/td><td>9,428,178 shares of \u20b910<br>(aggregating up to \u20b9415.78 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Shareholding pre issue<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>36,260,678<\/td><\/tr><tr><td>Shareholding post issue<\/td><td>37,961,358<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rishabh Instruments IPO Lot Size<\/h2>\n\n\n\n<p>For Rishabh Instruments, the minimum lot size is 34 shares.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>34<\/td><td>\u20b914,994<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>442<\/td><td>\u20b9194,922<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>476<\/td><td>\u20b9209,916<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>66<\/td><td>2,244<\/td><td>\u20b9989,604<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>67<\/td><td>2,278<\/td><td>\u20b91,004,598<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rishabh Instruments IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Anchor Investor Shares Offered<\/td><td>3,338,656 (30.00%)<\/td><\/tr><tr><td>QIB Shares Offered<\/td><td>2,225,772 (20.00%)<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>1,669,329 (15.00%)<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>3,895,101 (35.00%)<\/td><\/tr><tr><td>Total Shares Offered<\/td><td>11,128,858 (100%)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rishabh Instruments IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, 30 August 2023<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, 1 September 2023<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Wednesday, 6 September 2023<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Thursday, 7 September 2023<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, 8 September 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, 11 September 2023<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on Sep 1, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Rishabh Instruments IPO Financial Information<\/h2>\n\n\n\n<p>Rishabh Instruments reported assets of \u20b9648.93 Cr and a revenue of \u20b9579.78 Cr as of Mar 31, 2023. Here you can get the complete data of past three years:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>511.97<\/td><td>563.89<\/td><td>648.93<\/td><\/tr><tr><td>Revenue<\/td><td>402.49<\/td><td>479.92<\/td><td>579.78<\/td><\/tr><tr><td>Profit After Tax<\/td><td>35.94<\/td><td>49.65<\/td><td>49.69<\/td><\/tr><tr><td>Net Worth<\/td><td>302.13<\/td><td>346.10<\/td><td>408.75<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Total Borrowing<\/td><td>91.95<\/td><td>96.57<\/td><td>102.85<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Rishabh Instruments IPO<\/h2>\n\n\n\n<p>The market capitalization of Rishabh Instruments IPO stands at Rs 1674.1 Crore, with a P\/E ratio of 33.69.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>33.69<\/td><\/tr><tr><td>Market Cap (\u20b9 Cr.)<\/td><td>1674.1<\/td><\/tr><tr><td>ROE<\/td><td>12.39%<\/td><\/tr><tr><td>ROCE<\/td><td>13.77%<\/td><\/tr><tr><td>Debt\/Equity<\/td><td>0.26<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>12.84<\/td><\/tr><tr><td>RoNW<\/td><td>11.67%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p><strong>Purpose:<\/strong> Rishabh Instruments aims to finance the expansion of its Nashik Manufacturing Facility I and for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2023\/rishabh-instruments-limited-drhp_66824.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2023\/rishabh-instruments-limited-drhp_66824.html\" rel=\"noreferrer noopener\">Rishabh Instruments IPO DRHP<\/a> and <a href=\"https:\/\/www.damcapital.in\/files\/pdf\/638284813100168984_Rishabh_Instruments_Limited_-_RHP_compressed.pdf\" data-type=\"link\" data-id=\"https:\/\/www.damcapital.in\/files\/pdf\/638284813100168984_Rishabh_Instruments_Limited_-_RHP_compressed.pdf\" target=\"_blank\" rel=\"noopener\">Rishabh Instruments IPO RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Rishabh Instruments Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the \"Rishabh Instruments Limited\" IPO is \u20b9418 to \u20b9441 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Rishabh Instruments Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Rishabh Instruments Limited\" IPO is expected to be listed on Monday, 11 September 2023.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Rishabh Instruments IPO Price: \u20b9418 to \u20b9441 per shareIPO Date Range: Aug 30, 2023 - Sep 1, 2023 Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, designing, and developing Test and Measuring Instruments and Industrial Control Products. Business Activities: Rishabh Instruments focuses on manufacturing, design, and development of Test and Measuring Instruments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-4850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=4850"}],"version-history":[{"count":6,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4850\/revisions"}],"predecessor-version":[{"id":4888,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4850\/revisions\/4888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/4875"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=4850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=4850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=4850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}