The details about the Rishabh Instruments IPO is as:
- The issue size of the IPO is 490.78 Cr.
- The price band for Rishabh Instruments IPO is Rs 418 to Rs 441.
- The shares of Rishabh Instruments IPO will list on 11th September 2023.
- The latest tentative GMP of Rishabh Instruments IPO is Rs 85.
- The shares of Rishabh Instruments IPO is subscribed 26.59 Times as of 3:24 pm, 1st September 2023.
Rishabh Instruments IPO Valuation
The approx valuation of Rishabh Instruments IPO company based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 441 |
| Existing Shares (Qty) |
3.62 Cr |
| Fresh Issue |
75 Cr |
| Market Cap |
1671.42 Cr |
| EPS (FY23) |
Rs 12.84 |
| PE Ratio |
34.34x |
Rishabh Instruments IPO Issue Size
Rishabh Instruments IPO issue size is 490.78 Cr.
| Issue |
Amount |
| Fresh Issue |
75 Cr |
| Offer For Sale |
415.78 Cr |
Rishabh Instruments IPO Market Lot
An Individual can apply for a minimum 1 lot of 34 shares and a maximum of 13 lots of 442 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
34 |
Rs 14,994 |
| Maximum |
13 |
442 |
Rs 1,94,922 |
Rishabh Instruments IPO share offer
The shares of Rishabh Instruments IPO is subscribed 26.59 Times as of 3:24 pm, 1st September 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
57.27 Times |
| Non-Institutional |
Minimum 15% |
30.04 Times |
| Retail Individual |
Minimum 35% |
7.58 Times |
| Total |
|
26.59 Times |
Find below the dates for Rishabh Instruments IPO:
| Schedule |
Date |
| Basis of Allotment |
6 September 2023 |
| Refunds |
7 September 2023 |
| Credit to Demat Account |
8 September 2023 |
| IPO Listing Date |
11 September 2023 |
Check allotment status