Discover key details about Rishabh Instruments IPO - the opening and closing dates, price band, lot size, and more.
Founded in 1982, Rishabh Instruments Limited focuses on manufacturing and delivering electrical automation and measurement solutions and precision engineering products.
IPO Open Date : 30th August 2023 IPO Closing Date : 1st September 2023 Issue Size : Rs. 490.78 Crore Price Band : Rs. 418 – 441 Lot Size : 34 Shares in each lot Allotment Date : 6th September 2023 Listing Date : 11th September
· NABL-accredited labs for thorough product testing · Emphasis on R&D for top- notch equipment · Wide network of sales partners
· High reliance on manufacturing facilities · Quality or pricing changes may affect loyalty · Impact on cash flow if not managed well
The company aims to raise Rs. 75 crores from this fresh issue. They will use Rs. 59.5 crores to develop the manufacturing facility in Nashik