Rishabh Instruments IPO

Rishabh Instruments Limited

₹14,212 /34 sharesMinimum Investment

Rishabh Instruments IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹441.00₹460.00₹19.00 (4.31%)

Rishabh Instruments IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Aug ‘23 - 1 Sep ‘23₹14,21234₹418 - ₹441
Issue SizeIPO Doc
490.78Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers72.54x
Non-Institutional Investor31.29x
Retail Individual Investor8.43x
Employees0x
Total31.64x

About the company

Rishabh Instruments was incorporated in 1982. It is a global company specializing in energy efficiency solutions. Their primary focus is on electrical automation, metering, precision-engineered products, solar string inverters, and more, serving various industries like power, automotive, and industrial sectors. They offer an extensive electrical measurement and process optimization equipment lineup under their brand. The company fully designs, develops, manufactures, and sells these devices across various sectors. Additionally, they provide complete aluminum high-pressure die-casting solutions for customers requiring precise fabrication, machining, and finishing components. Furthermore, they offer aluminum high-pressure die-casting services through their subsidiary, Lumel Alucast, based in Telangana.;
Founded in
1982
Managing director
Mr. Narendra Joharimal Goliya
Parent organisation
Rishabh Instruments Limited

Strength and risks

Strengths
Risks
Rishabh Instruments holds two patents for clamp meters with rotary jaw mechanisms and clamp meter safety trigger mechanisms in India and the United States, Poland, and the United Kingdom since 2011 and 2012, respectively.
The company has secured three design registrations in India for multimeters, current and voltage transducers, and power transducers.
In 2023, 2022, and 2021, the company allocated Rs. 13.45 crores, Rs. 9.36 crores, and Rs. 9.63 crores to research and development expenses.
The company operates R&D centers in India, Poland, and China as of May 31, 2023.
The company has an NABL-accredited testing facility that conducts EMI-EMC testing, covering both immunity and emission testing. They employ high-precision imported machinery, including EDM, Wire EDM (Agie Charmilles), CNC SPARK EDM, Vertical Milling Machines (Makino), and high-end calibrators.
The company's product lineup comprises over 145 product lines and a stock of 0.13 million units as of May 31, 2023.
In 2023, 2022, and 2021, the company manufactured 16.21 million units, 14.02 million units, and 13.35 million units of various products.
Over the past three years, the company has served customers in more than 100 countries, including India, Germany, the United States, the United Kingdom, and the Middle East.
The company's products are distributed through a wide network of 175 authorized distributors and stockists spanning 81 districts in India, with direct sales carried out through eight sales offices located in New Delhi, Kolkata, Mumbai, Ahmedabad, Pune, Chennai, Bangalore, and Hyderabad.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular418 - 441₹2 Lakh
High Networth Individual418 - 441₹2 - 5 Lakh
For Rishabh Instruments IPO, eligible investors can apply as Regular.
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