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    IPO Note | Closed

    Rishabh Instruments Ltd

    Minimum Investment

    14,994

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

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    Open Date

    30-Aug-23
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    Close Date

    01-Sep-23
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    Application Timing

    IPO Details

    • Min Order Quantity
      34
    • Price Range
      441-0
    • Issue Size
      490.78
    • Face Value
      10
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager

    DAM Capital Advisors Ltd

    About Company

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      Parent Organization
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      Founded
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      Managing Director
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      Website
      www.rishabh.co.in
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      Registered Office
      A-54 MIDC Andheri (East),Opposite MIDC Bus Depot,
      Mumbai,400093,Maharashtra

    IPO Schedule

    Offer Start

    30-Aug-23

    Offer End

    01-Sep-23

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    Initial public offering of 11,128,858^ equity shares of face value of Rs. 10 each ("Equity Shares") of Rishabh Instruments Limited ("The Company" or the "Issuer") for cash at a price of Rs. 441 per equity share (including a share premium of Rs. 431 per equity share) (the "Offer Price") aggregating to Rs. 490.78 crores, comprising a fresh issue of 1,700,680^ equity shares aggregating to Rs. 75.00 crores and an offer for sale of 9,428,178^ equity shares aggregating to Rs. 415.78 crores, comprising 1,500,000^ equity shares by asha Narendra Goliya* aggregating to Rs. 66.15 crores, 400,000^ equity shares by Rishabh Narendra Goliya* aggregating to Rs. 17.64 crores, 517,500^ equity shares by Narendra Rishabh Goliya (huf)# aggregating to Rs. 22.82 crores and 7,010,678^ equity shares by Sacef Holdings ii aggregating to Rs. 309.17 crores (together, the "Selling Shareholders") (the "Offer"). The offer will constitute 29.32% of the post-offer paid-up equity share capital. ^Subject to finalization of basis of allotment.

    Financial Snapshot (Consolidated)

    Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
    Mar 2024 689.75 39.66 10.44
    Mar 2023 569.54 46.82 16.99
    Mar 2022 470.25 47.06 33.95
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

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    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

    Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

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