ListedMainboardRISHABH
Rishabh Instruments
Rishabh Instruments is a mainboard IPO raising ₹491 Cr at ₹418 – ₹441 a share. It listed on 11 Sept 2023 and trades at ₹603 today, +36.8% against its issue price of ₹441. It was subscribed 32× in total.
₹441
Issue price
₹603
Price now
+36.8%
Since issue price
11 Sept 2023
Listed on
32×Subscribed (final) · all exchanges
31.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹418 – ₹441
Cut-off price₹441
Issue size₹491 Cr
Shares per lot34
Minimum application₹14,994
Minimum quantity34
Face value₹10
Listing exchanges—
ISININE0N2P01017
Bidding hours10:00 – 17:00 IST
Bidding window30 Aug 2023 – 1 Sept 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.