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August 30, 2023 - September 1, 2023

Rishabh Instruments IPO FAQ

Rishabh Instruments IPO Date & Price

The Rishabh Instruments IPO opens on August 30, 2023 and closes on September 1, 2023.

Rishabh Instruments IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 30, 2023
  • Bid/Offer Closes On: September 1, 2023
  • Finalization of Basis of Allotment: September 6, 2023
  • Initiation of refunds: September 7, 2023
  • Credit of Equity Shares: September 8, 2023
  • Listing Date: September 11, 2023

Rishabh Instruments IPO price is set at ₹441 per equity share.

Rishabh Instruments IPO will close for subscription at 5 PM on September 1, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Rishabh Instruments IPO starts on August 30, 2023. The issue ends on September 1, 2023.

Rishabh Instruments IPO Issue Size and Subscription Status

The Rishabh Instruments IPO size is 11128858 Equity Shares of ₹10 aggregating up to ₹490.78 Cr.

Rishabh Instruments Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rishabh Instruments IPO shares through the banks (using ASBA) or through the broker (using UPI).

Rishabh Instruments IPO Offer Size

Qualified Institutional Buyers (QIB)2,225,772 Shares
Non-Institutional Investors (NII)1,669,329 Shares
Retail Individual Investor (RII)3,895,101 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size7,790,202 Shares

Rishabh Instruments IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)72.54 times times
Non-Institutional Investors (NII)31.29 times times
Retail Individual Investor (RII)8.44 times times
Employee Reservations times
Other Reservations times
Total Issue Size31.65 times times

Click here to check the Rishabh Instruments IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Rishabh Instruments IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Rishabh Instruments IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Rishabh Instruments IPO Allotment and Listing

The Rishabh Instruments IPO allot status will be available online on September 6, 2023. Check the Rishabh Instruments IPO Allotment Status here.

Click here to check Rishabh Instruments IPO Allotment Status.

Rishabh Instruments IPO listing Date is September 11, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Rishabh Instruments IPO listing date and time is published by the exchange in a circular.

Click here to view the Rishabh Instruments IPO Basis of Allotment.

It is hard to say at what price Rishabh Instruments IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Rishabh Instruments IPO shares will list on September 11, 2023 at BSE, NSE.

Rishabh Instruments IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Rishabh Instruments IPO which could help you with questions like Rishabh Instruments IPO buy or not? You should also read Rishabh Instruments IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Rishabh Instruments IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Rishabh Instruments IPO performance. The performance reports are available 1 day after listing.