Published : August 25, 2023
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.
Organized into four segments :
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.
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.
Want to Apply for this IPO? Open a Free Online Paperless Demat Account.
| IPO Open Date | 30 August 2023 |
| IPO Close Date | 1 September 2023 |
| 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 |
Want to Apply for this IPO? Open a Free Online Paperless Demat Account.
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.
Want to Apply for this IPO? Open a Free Online Paperless Demat Account.
The company’s promoter is Mr. Narendra Joharimal Goliya.
| Pre Issue Share Holding | 80.67% |
| Post Issue Share Holding | 70.68% |
| 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 |
Want to Apply for this IPO? Open a Free Online Paperless Demat Account.
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: rishabh.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
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/
Want to Apply for this IPO? Open a Free Online Paperless Demat Account.
Ratnaveer Precision Engineering Limited IPO
Enjoy flexible trading limits at
lowest brokerage rates ?
Open Your Investments Account Now
0Account Opening Charges
Life Time Demat AMC
Brokerage
IT'S TIME TO HAVE SOME FUN!
Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
Investment to ek bahana hai,
humein to khushiyon ko badhana hai.
E-mail
askus@rmoneyindia.com
Customer Care
+91-9568654321
