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
Live Grey Market Premium
Rishabh Instruments Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹62+14.1%
Issue Price (Upper)
₹441
Band: ₹418 – ₹441
Estimated Listing Price
₹503
Upper price + GMP
Lot Size
34 shares
Min investment ₹14,994
Estimated Profit / Lot
₹2,108
34 × ₹62
Rishabh Instruments Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹62
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹62 | 14.1% | ₹503 |
| 30 Oct 2026 | +₹62 | 14.1% | ₹503 |
| 29 Oct 2026 | +₹56 | 12.7% | ₹497 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Rishabh Instruments Limited IPO GMP today?
The latest grey market premium for Rishabh Instruments Limited IPO is ₹62, which indicates an expected listing price of ₹503.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.