IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Rishabh Instruments Ltd
Rishabh Instruments Ltd
Registered Office : A-54 MIDC Andheri (East),Opposite MIDC Bus Depot,Mumbai Maharashtra 400093 Phone : 91-22-2825 4047
Fax :
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.
Opens On
Closes On
30-Aug-2023
01-Sep-2023
Application
Allotment
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 (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
70.81
490.78
37.96
441.00
DAM Capital Advisors Ltd
Mirae Asset Capital Markets (India) Pvt Ltd
Motilal Oswal Investment Advisors Ltd
- Financing the project cost towards the expansion project
- General corporate purposes
- Narendra Joharimal Goliya
- BSE
- NSE
- KFin Techologies Ltd