IPO IPO-Synopsis
Rishabh Instruments Ltd

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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 Rs10 each ("Equity Shares") of Rishabh Instruments Limited ("The Company" or the "Issuer") for cash at a price of Rs441 per equity share (including a share premium of Rs431 per equity share) (the "Offer Price") aggregating to Rs490.78 crores, comprising a fresh issue of 1,700,680^ equity shares aggregating to Rs75.00 crores and an offer for sale of 9,428,178^ equity shares aggregating to Rs415.78 crores, comprising 1,500,000^ equity shares by asha Narendra Goliya* aggregating to Rs66.15 crores, 400,000^ equity shares by Rishabh Narendra Goliya* aggregating to Rs17.64 crores, 517,500^ equity shares by Narendra Rishabh Goliya (huf)# aggregating to Rs22.82 crores and 7,010,678^ equity shares by Sacef Holdings ii aggregating to Rs309.17 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