Sensex
82,755.51 profit arw 700.40 (0.85%)
Nifty
25,244.75 profit arw 200.40 (0.80%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Rishabh Instruments Ltd
Registered Office: A-54 MIDC Andheri (East), Opposite MIDC Bus Depot, Mumbai - 400093, Maharashtra
Phone: 91-22-2825 4047
Email: cs@rishabh.co.in
Website: www.rishabh.co.in
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.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Aug-2023 01-Sep-2023 ₹ 441.00 ₹ 0.00
Minimum Application for shares in Nos : 34.0 Further Multiples of : 34.0
(₹)Cr. Lead Managers to the Issue
Project Cost 70.81 DAM Capital Advisors Ltd
Project Financed through Current Offer 490.78
Post Issue Equity Share Capital 37.96
Issue Price ₹441.00
Projects
Financing the project cost towards the expansion project
General corporate purposes
Promoted By
Narendra Joharimal Goliya
Listing At
BSE
NSE
Registrar to the Issue

INDIAN INDICES

Sensex

82,755.51 700.40 (0.85%)

Nifty

25,244.75 200.40 (0.80%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,474.68 297.60(1.23%)