Rishabh Instruments Ltd. IPO

Rishabh Instruments is a global energy efficiency solutions provider, specializing in electrical automation and precision engineered products. They offer a wide range of measurement and optimization equipment across industries like power, automotive, and more. Renowned for their innovation, they lead in analog panel meters and current transformers. With a strong network of distributors and stockists, they serve customers across 100+ countries.

Rishabh Instruments Ltd. IPO Details

Check out the issue details for Rishabh Instruments Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 441

Price Band

₹ 418 - 441

Issue Size

490.78 Cr.

Issue Type

Book Built

Open

2023-08-30

Close

2023-09-01

Listingprice

₹ 460.05

ListingGain

4.32%

Listing Date

2023-09-11

Rishabh Instruments Ltd. News

Rishabh Instruments’ arm inks Rs 50 crore pact with leading German Energy Company11 Jun, 11:12AM Rishabh Instruments increases production capacity with launch of new SMT line29 May, 2:52PM Rishabh Instruments - Quaterly Results27 May, 5:34PM Rishabh Instruments - Quaterly Results27 May, 5:34PM Rishabh Instruments informs about compliance certificate9 Apr, 2:18PM Rishabh Instruments partners with IITB Research Park Foundation24 Feb, 12:23PM Rishabh Instruments informs about board meeting outcome 7 Feb, 5:12PM Rishabh Instruments - Quaterly Results7 Feb, 4:37PM Rishabh Instruments - Quaterly Results7 Feb, 4:37PM Rishabh Instruments - Quaterly Results7 Feb, 4:37PM Rishabh Instruments informs about transcript of conference call18 Nov, 12:49PM Rishabh Instruments - Quaterly Results12 Nov, 4:26PM Rishabh Instruments informs about board meeting4 Nov, 12:51PM Rishabh Instruments informs about compliance certificate9 Oct, 10:48AM Rishabh Instruments informs about analyst meet 20 Sep, 10:02AM Rishabh Instruments - Quaterly Results9 Aug, 4:26PM Rishabh Instruments - Quaterly Results9 Aug, 4:26PM Rishabh Instruments - Quaterly Results9 Aug, 4:26PM Rishabh Instruments’ arm acquires 100% stake in Microsys7 Aug, 5:40PM Rishabh Instruments informs about audit report 13 Jun, 12:16PM

Company Financials

You can get the following financial statements of Rishabh Instruments Ltd. as of now.

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Rishabh Instruments IPO is as:

  • The issue size of the IPO is 490.78 Cr.
  • The price band for Rishabh Instruments IPO is Rs 418 to Rs 441.
  • The shares of Rishabh Instruments IPO will list on 11th September 2023.
  • The latest tentative GMP of Rishabh Instruments IPO is Rs 85.
  • The shares of Rishabh Instruments IPO is subscribed 26.59 Times as of 3:24 pm, 1st September 2023.

 

Rishabh Instruments IPO Valuation

The approx valuation of Rishabh Instruments IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 441
Existing Shares (Qty) 3.62 Cr
Fresh Issue 75 Cr
Market Cap 1671.42 Cr
EPS (FY23) Rs 12.84
PE Ratio 34.34x

 

Rishabh Instruments IPO Issue Size

Rishabh Instruments IPO issue size is 490.78 Cr. 

Issue Amount
Fresh Issue 75 Cr
Offer For Sale 415.78 Cr

 

Rishabh Instruments IPO Market Lot

An Individual can apply for a minimum 1 lot of 34 shares and a maximum of 13 lots of 442 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 34 Rs 14,994
 Maximum 13 442 Rs 1,94,922

 

Rishabh Instruments IPO share offer

The shares of Rishabh Instruments IPO is subscribed 26.59 Times as of 3:24 pm, 1st September 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 57.27 Times
Non-Institutional Minimum 15% 30.04 Times
Retail Individual Minimum 35% 7.58 Times
Total   26.59 Times

 

Find below the dates for Rishabh Instruments IPO:

Schedule Date
Basis of Allotment 6 September 2023
Refunds 7 September 2023
Credit to Demat Account 8 September 2023
IPO Listing Date 11 September 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 126.91 151.91 195.98 224.57 239.19
Total Expenditure 104.14 131.93 164.19 178.43 203.64
Operating Profit 22.77 19.98 31.79 46.14 35.55
Other Income 4.48 4.41 5.07 6.04 9.93
Interest 1.28 1.89 3.01 1.25 0.83
Depreciation 6.92 8.14 9.6 9.99 13.25
Exceptional Items 0 0 0 0 0
Profit Before Tax 19.04 14.36 24.26 40.93 31.4
Provision for Tax 5.55 4.08 5.58 8.55 8.02
Net Profit 13.5 10.28 18.68 32.38 23.38
Adjusted EPS (Rs.) 0.46 0.35 0.64 0.85 0.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 25.44 25.44 40.07 38.21 38.22
Total Reserves 180.89 191.21 203.17 332.7 370.52
Borrowings 11 6.87 4.44 0 0
Other N/C liabilities 4.47 3.5 2.45 2.26 1.47
Current liabilities 36.32 58.29 69.52 44.96 46.32
Total Liabilities 258.12 285.31 319.64 418.13 456.52
Assets
Net Block 38.79 42.25 40.82 40.97 58.92
Capital WIP 0.23 0.01 0.34 0.9 8.09
Intangible WIP 0 0 0 0.68 3.56
Investments 79.56 80.97 88.35 107.57 91.92
Loans & Advances 1.37 0.81 1.48 2.25 5.78
Other N/C Assets 1.89 3.31 0.6 0.75 6.57
Current Assets 136.28 157.95 188.05 265.01 281.69
Total Assets 258.12 285.31 319.64 418.13 456.52
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Other Income 2.74 2.08 2.85 3.17 1.82
Profit Before Tax 11.29 5.59 8.69 5.39 11.73
Tax 7.07 1.88 1.87 1.41 2.87
Profit After Tax 4.23 3.71 6.82 3.99 8.86
Adjusted EPS (Rs) 1.11 0.97 1.78 1.04 2.32

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 69.81 0
Mar 2025 70.15 0
Dec 2024 70.16 0
Sep 2024 70.16 0
Jun 2024 70.16 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 19.05 14.36 24.26 40.93 31.4
Adjustment 3.8 6.88 10.83 10.86 11.01
Changes in Assets & Liabilities -0.29 -15.72 -30.22 -11.48 3.91
Tax Paid -2.61 -6.78 -7.43 -5.91 -9.01
Operating Cash Flow 19.94 -1.27 -2.56 34.41 37.3
Investing Cash Flow 4.28 -3.3 13.3 -75.96 -33.19
Financing Cash Flow -31.4 5.39 -8.66 57.1 -2.06
Net Cash Flow -7.19 0.83 2.08 15.54 2.05
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