Rishabh Instruments Limited
ListedMainboardCapital Goods · NSE / BSE
Incorporated in 1982, Rishabh Instruments Limited is engaged in the manufacturing, design, and development of test and measuring instruments, industrial control products, and energy optimization solutions. The company also offers aluminum high-pressure die-casting services for precision components used in automotive compressors and flow meters. In 2011, it acquired Lumel Alucast in Europe, strengthening its position in low-voltage current transformer manufacturing. Rishabh operates across four product segments – electrical automation devices, metering/control/protection devices, portable test instruments, and solar string inverters. With three manufacturing units and a global network of 270+ dealers, the company serves 70+ countries, along with 150+ dealers across India.
Price Band
₹418 – ₹441
Issue Size
₹491 Cr
Lot Size
34 shares
GMP
₹62
+14.1%
Est. Listing
₹503
at current GMP
Subscribed
31.65x
overall
Open
30 Aug 2023
Close
1 Sep 2023
Allotment
6 Sep 2023
Refund
7 Sep 2023
Demat Credit
8 Sep 2023
Listing
11 Sep 2023
Last updated 12 days ago
Official Registrar Verification
Rishabh Instruments Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
6 Sep 2023
Basis finalization
Refunds Initiate
7 Sep 2023
Mandate release
Demat Credit
8 Sep 2023
Shares in demat
Listing Debut
11 Sep 2023
Trading begins
How to Check Rishabh Instruments Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Rishabh Instruments Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Rishabh Instruments Limited Public Issue & Market Profile
Rishabh Instruments Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹490.78 Crores. The shares are offered at a price band of ₹418 to ₹441 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 34 shares (approx. ₹14,994 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-08, while un-allotted funds or UPI block mandates will be released on 2023-09-07.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.