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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Rishabh Instruments Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹441
Per ShareLot Size
34 Shares
Minimum Investment
₹14,994
Issue Size
₹469.1 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
44.85%
Issue Type
Book Building
ISIN
INE0N2P01017
Rishabh Instruments Limited is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including power, automotive and industrial sectors. The Company is a vertically integrated player involved in designing, developing, manufacturing and supplying electrical automation devices; metering, control and protection devices; portable test and measuring instruments; and solar string inverters. In addition, It manufactures and supplies aluminium high pressure die casting through its Subsidiary, Lumel Alucast. It also provides certain manufacturing services which include mould design and manufacturing, EMI/EMC testing services, Electronic Manufacturing Services, and software solutions (e.g., MARC).
The global electrical automation market is valued at USD 147.5 billion in 2022 and is expected to reach USD 215.1 billion by 2027. The global metering, control and protection devices market is estimated at USD 34.08 billion in 2022 and is expected to reach USD 43.04 billion by 2027. The market for portable test and measurement equipment is expected to grow at 5.1% and reach USD 6.6 billion by 2027. For solar string inverters, global revenue is expected to increase from USD 4.3 billion in 2022 to USD 6.6 billion in 2027, at a CAGR of 9.1%.
Rishabh Instruments Limited was incorporated as "Rishabh Instruments Private Limited", a private limited company, under the Companies Act, 1956, pursuant to a certificate of incorporation dated October 6, 1982, granted by the Registrar of Companies, Maharashtra at Mumbai ("ROC"). Pursuant to the conversion of the Company into a public limited company and as approved by its Board on September 8, 2022, and a special resolution passed by its Shareholders at the extra-ordinary general meeting on September 13, 2022, the name of the Company was changed to "Rishabh Instruments Limited" and the RoC issued a fresh certificate of incorporation on September 22, 2022.
Wholesalers and Retailers
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.