Rishabh Instruments IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 490.78 Cr. The company is based in Mumbai and caters to Engineering sector. Dam Capital Advisors (Formerly Idfc Securities ) , Mirae Asset Capital Markets (India) , Motilal Oswal Investment Advisors are the merchant bankers of Rishabh Instruments IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th December 2022.
Rishabh Instruments IPO open date is 30th August 2023 and close date is 1st September 2023. IPO Allotment Date is 6th September 2023 and Listing date is 11th September 2023.Rishabh Instruments IPO size is ₹ 490.78 Cr. with IPO price of ₹ 441.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Dam Capital Advisors Limited (Formerly Idfc Securities Limited) is the book-running lead manager of the Rishabh Instruments IPO. Kfin Technologies Limited is the Registrar for Rishabh Instruments IPO.
Rishabh Instruments IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rishabh Instruments IPO, based in Mumbai, operates in the Engineering sector with a focus on global energy efficiency solution provider manufacturing precision engineered products.. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Rishabh Instruments IPO size is ₹ 490.78 Cr. with fresh issue size of ₹ 75.00 Cr. and Offer for sale being ₹ 415.78Cr.
The IPO allotment date for Rishabh Instruments IPO is expected to be 6th September 2023, after the finalization of basis of allotment. Investors can check Rishabh Instruments IPO allotment status on the registrars website, Kfin Technologies Limited . Rishabh Instruments IPO refund dates are 7th September 2023.
Rishabh Instruments IPO is expected to be listed on 11th September 2023.
The upper price band for the Rishabh Instruments IPO is set at ₹ 441.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rishabh Instruments IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rishabh Instruments IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st September 2023. After submission, funds are blocked until the basis of allotment of Rishabh Instruments IPO is finalised.
The merchant banker for Rishabh Instruments IPO is Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Mirae Asset Capital Markets (India) Private Limited , Motilal Oswal Investment Advisors Limited . Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Mirae Asset Capital Markets (India) Private Limited , Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rishabh Instruments IPO RHP for further details.
The registrar for Rishabh Instruments IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Rishabh Instruments IPO through their official website or helpline.
Rishabh Instruments IPO was subscribed 31.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Rishabh Instruments IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rishabh Instruments Financial Review Page
Merchant Banker(s) of Rishabh Instruments IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Mirae Asset Capital Markets (India) Private Limited , Motilal Oswal Investment Advisors Limited
Rishabh Instruments IPO subscription was 31.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rishabh Instruments IPO listed at a listing price of 442.75 against the offer price of 441.00.
The current market price of Rishabh Instruments is 305.45.
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