Rishabh Instruments Limited IPO (Rishabh Instruments IPO)

By: Akriti Tomar | Date : Aug 25, 23

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Rishabh Instruments Limited IPO

About Company –

Established in 1982, Rishabh Instruments Limited is actively involved in the manufacture, design, and advancement of Test and Measuring Instruments as well as Industrial Control Products.

Rishabh Instruments Limited Products

Organized into four segments :

Electrical automation devices
Metering, control, and protection devices
Portable test and measuring instruments
Solar string inverters.

The company presents economical solutions designed for gauging, overseeing, documenting, scrutinizing, and refining energy and procedures, offering an assortment of products to serve these purposes. Moreover, it delivers comprehensive solutions for aluminum high-pressure die-casting. This service caters to customers with demands for precise fabrication, including manufacturers of automotive compressors and high-precision flow meters in the automation sector. The company is equipped to handle various tasks, including machining and finishing precision components.

In 2011, Rishabh Instruments achieved the acquisition of Lumel Alucast, a European non-ferrous pressure casting enterprise. This strategic move significantly bolstered the company’s presence in the manufacturing and supply of low-voltage current transformers. The company’s services also encompass diverse manufacturing aspects like mold design and fabrication, EMI/EMC testing services, Electronic Manufacturing Services, and software solutions like MARC.

The operational landscape of the company features three manufacturing units and an extensive network of over 270 dealers spanning the globe. This network reaches out to more than 70 countries, with an additional presence of 150+ dealers across all Indian states.

Who is the director of Rishabh Instruments Limited Products?

Narendra Johrimal Goliya has served on the board for a period exceeding 40 years. The latest addition to the board is Lukasz Meissner, who assumed the position on 23 September 2022.

Rishabh Instruments Limited IPO Objectives

Capital Allocation and Growth Strategy.
General corporate purposes.
Investment for Facility Expansion.

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Rishabh Instruments Limited IPO Details

Open and Close Dates of Rishabh Instruments IPO (Tentative)

IPO Open Date	30 August 2023
IPO Close Date	1 September 2023

Open and Close Dates of Rishabh Instruments Limited IPO (Tentative)

Rishabh Instruments IPO Issue Type, Face Value, IPO Price, Market Lot, Listing, Total Issue Size

Issue Type	Book Built Issue Type
Face Value	₹10 per share
IPO Price	₹418 to ₹441 per share
Market Lot	34 shares
Listing At	BSE, NSE
Total Issue Size	aggregating up to ₹490.78 Cr

Rishabh Instruments Limited IPO Issue Type, Face Value, IPO Price, Market Lot, Listing, Total Issue Size

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What is the revenue of Rishabh Instruments?

Rishabh Instruments witnessed a rise in its revenue from operations, reaching Rs 569.54 crore in fiscal year 2023, up from Rs 470.25 crore in the preceding year. The profit after tax for fiscal year 2023 stood at Rs 49.69 crore, demonstrating a marginal increase from Rs 49.65 crore recorded in fiscal year 2022.

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Rishabh Instruments Limited Promoter Holding

The company’s promoter is Mr. Narendra Joharimal Goliya.

Pre Issue Share Holding	80.67%
Post Issue Share Holding	70.68%

Rishabh Instruments Limited Promoter Holding

Rishabh Instruments Limited’ Company Financial Information (Reiterated)

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	511.97	563.89	648.93
Revenue	402.49	479.92	579.78
Profit After Tax	35.94	49.65	49.69
Net Worth	302.13	346.10	408.75
Reserves and Surplus
Total Borrowing	91.95	96.57	102.85

Amount in ₹ Crore

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Rishabh Instruments IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: rishabh.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Rishabh Instruments IPO Lead Managers

Dam Capital Advisors Ltd
Motilal Oswal Investment Advisors Pvt Ltd
Mirae Asset Capital Markets (India) Private Limited

Rishabh Instruments Limited Contact Information

Rishabh Instruments Limited
A-54, MIDC, Opposite,
MIDC Bus Depot, Andheri (East)
Mumbai – 400 093
Phone: +91 253 220 2183
Email: cs@rishabh.co.in
Website: https://rishabh.co.in/

Rishabh Instruments Limited IPO Prospectus

Rishabh Instruments IPO DRHP

Rishabh Instruments IPO RHP

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Rishabh Instruments Limited IPO (Rishabh Instruments IPO)