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Rishabh Instruments Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Rishabh Instruments Ltd IPO

Registered Office: A-54 MIDC Andheri (East),Opposite MIDC Bus Depot , Mumbai - 400093 , Maharashtra , India.
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.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Aug-23 01-Sep-23 (Rs)441.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :34  Further Multiples of :34

  (Rs Cr) Lead Managers to the Issue
Project Cost 70.81
DAM Capital Advisors Ltd
Project Financed through Current Offer 490.78  
Post Issue Equity Share Capital 37.96  
Issue Price (Rs)441.00  
 
Projects
Financing the project cost towards the expansion projectGeneral corporate purposes
Promoted By
Narendra Joharimal Goliya  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd