+919998510543
acml-logo
hamburger-icon

IPO

IPO Synopsis
Rishabh Instruments Ltd
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 Rs441.00-0.00 Rs0.00-0.00
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 Rs441.00  
 
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