Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

₹75 crore

Investor category and sub category

To be announced

About Rishabh Instruments Ltd. IPO

It’s a global energy efficiency solution company offering electrical automation, metering and measuring, and precession engineering through a vertically integrated business model. The company designs, develops, and manufactures devices for the power, automotive, and industrial sectors.

The company is a global leader in manufacturing and supplying analogue panel metres and low-voltage current transformers. It is involved in product innovation with R&D centres in India, Poland, and China. Among 5 manufacturing units, 2 are in India, 2 in Poland and 1 is in China. It caters to a base of 100 customers with a portfolio of 145 product lines.

Rishabh Instruments Ltd. IPO Details

Rishabh Instruments Ltd. will raise Rs.75 crore in IPO from the market. The company has filed a prospectus with the market regulator. The details regarding dates, issue size, or price band are yet to be announced.

Rishabh Instruments Ltd. IPO Objectives

The company proposes to utilise the net proceeds received from the fresh issues in the following areas.

  • To finance the expansion of its Nashik manufacturing unit.
  • General corporate purposes.

Should you invest in Rishabh Instruments Ltd.?

You may like to consider the following reasons before investing in Rishabh Instruments Ltd. IPO.

  • The company is a global player providing electrical automation, meeting and measuring, and precision engineering solutions.
  • It has a diversified product suite of 145 items manufactured internally in 5 manufacturing units.
  • The company has been operational since 1982 and has a successful operational record with steady growth in revenue and profit.
  • The industry in which it supplies its products and services offers an excellent opportunity for growth.

Competitive Peers

There is no comparable company in India or globally that engages in the business line of the company.

Rishabh Instruments Ltd. Noteworthy highlights

  • Rishabh Technologies invested Rs.93.56 million towards R&D in Fiscal 2022.
  • As a global energy-efficient, solution-providing company, Rishabh Technologies caters to 100+ customers.

IPO Financials

Particulars 6 months ending September 30, 2022 Year ending on March 31, 2022 Year ending on March 31, 2021
Revenue from Operations 2,622.43 4,702.50 3,899.56
Profit After Tax (PAT) 168.32 496.52 700.21
PAT Margin 6.35% 10.35% 8.93%
EBITDA 358.07 826.32 700.21
EBITDA Margin 13.71% 17.57% 17.96%
ROE 4.91% 14.58% 12.01%

Know before investing



The company has abilities to drive technology and innovation to set trends for the industry.

It operates in a vertically integrated model backed by strong manufacturing capabilities.

The company caters to a wide customer base eliminating customer concentration for revenue generation.



It’s a manufacturing company so dependent on the smooth performance of its manufacturing facilities for continuous revenue generation.

Most of the net proceeds from the IPO will go to the expansion of the Nashik unit.

Failing to complete projects on time can impact the company’s profitability.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

What is Rishabh Instruments Ltd. IPO?

The total issue size of Rishabh Instruments Ltd. Ltd. IPO is Rs. 75 crore.

When will the Rishabh Instruments Ltd. Is IPO allotment available?

Will be updated soon.

What will be the Rishabh Instruments Ltd. IPO lot size?

Will be updated soon.

When will Rishabh Instruments Ltd. IPO open for subscription?

Will be updated soon.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Rishabh Instruments Ltd. list on exchanges?

Will be updated soon.

How to check the allotment status of the Rishabh Instruments Ltd. IPO?

Login to the Angel One app and enter OTP sent on your registered mobile number to validate. 

To check the allotment status, enter your application number, DP ID, and PAN number into the app.

What would be the listing gains on the Rishabh Instruments Ltd. IPO?

Listing gains cannot be calculated before the listing of the IPO on the stock exchange.

I have finished the application process for Rishabh Instruments Ltd. IPO, but the funds are not yet debited. What is the reason?

At the first step, the bank only blocks the amount in your account. The money will be debited when the shares are allotted or unblock the amount after the UPI mandate expiry date.

How to approve the UPI mandate request for Rishabh Instruments Ltd. IPO?

Login to your UPI handle to approve the payment mandate and complete the IPO application process.

Can I submit more than one application for the public issue of Rishabh Instruments Ltd. using one PAN?

You are allowed to submit only one application using one PAN card.

What is the minimum order quantity for Rishabh Instruments Ltd. IPO?

Will be updated soon.