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.
Opens On Closes On
30-Aug-23 01-Sep-23
Money Payable On
Application Allotment
441.00 0.00
Minimum Application for shares in Nos : 34 Further Multiples of : 34
Cr Lead Managers to the Issue
Project Cost (.Cr) 70.81 DAM Capital Advisors Ltd
Project Financed through Current Offer (.Cr) 490.78  
Post Issue Equity Share Capital (.Cr) 37.96
Issue Price () 441.00
Financing the project cost towards the expansion project
General corporate purposes
Promoted By
Narendra Joharimal Goliya
Listing At
Registrar to the Issue
No Data Available