Rishabh Instruments Limited IPO Overview

Discover key details about Rishabh Instruments IPO - the opening and closing dates, price band, lot size, and more.

About Rishabh Instruments Limited

Founded in 1982, Rishabh Instruments Limited focuses on manufacturing and delivering electrical automation and measurement solutions and precision engineering products.

IPO Details

IPO Open Date     : 30th August 2023 IPO Closing Date : 1st September 2023 Issue Size             : Rs. 490.78 Crore Price Band            : Rs. 418 – 441 Lot Size                 : 34 Shares in each lot Allotment Date    : 6th September 2023 Listing Date          : 11th September


· NABL-accredited labs for  thorough product testing · Emphasis on R&D for top-  notch equipment · Wide network of sales   partners


· High reliance on manufacturing facilities · Quality or pricing changes may affect loyalty · Impact on cash flow if not managed well


The company aims to raise Rs. 75 crores from this fresh issue. They will use Rs. 59.5 crores to develop the manufacturing facility in Nashik