Exchanges
BSE, NSE
Industry
Other Electrical Equipment
Issue
Book building

Rishabh Instruments IPO

₹443.15

+0.49% on listing

Listing-day close · NSE · 11 Sep 2023 · issue price ₹441

Rishabh Instruments’ ₹491 crore IPO was priced at ₹441 a share. It listed on the NSE on 11 Sep 2023 and closed its first day at ₹443.15, up 0.49% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹491 Cr
Fresh issue
₹75 Cr
Offer for sale
₹416 Cr
Lot size
34 shares
Minimum investment
₹14,994
Face value
₹10
Registrar
Kfin Technologies

Subscription

Rishabh Instruments IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—22.32×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,674 Cr
P/E (post-issue)
33.7
ROE
12.39%
ROCE
13.77%
Debt to equity
0.26
PAT margin
8.57%
Promoter holding
80.67% → 70.68%

From the offer documents.

Listing

Listing date
11 Sep 2023
Issue price
₹441
Open
₹460.05
High
₹470.00
Low
₹432.35
Close
₹443.15

Listing day on the NSE. The close was +0.49% on the issue price.

RISHABH share price today

FAQs

When did the Rishabh Instruments IPO open and close?

It opened on 30 Aug 2023 and closed on 1 Sep 2023.

What was the Rishabh Instruments IPO price?

The price band was ₹418–441 a share. The final issue price was ₹441.

What is the lot size and minimum investment?

One lot is 34 shares, ₹14,994 at ₹441 a share. Retail investors apply in whole lots.

How much did Rishabh Instruments raise?

₹491 crore: ₹75 crore of new shares and ₹416 crore offered by existing shareholders.

How many times was the Rishabh Instruments IPO subscribed?

22.32 times overall.

How did Rishabh Instruments list?

It listed on the NSE on 11 Sep 2023 at ₹460.05 and closed the day at ₹443.15, up 0.49% on the ₹441 issue price.

Who is the registrar of the Rishabh Instruments IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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