Rishabh Instruments Limited
30 Aug 2023 – 01 Sep 2023
LISTED
Offer Price
₹418–441
Bid lot
34
Min Application
₹14,994
Issue Size
₹491 Cr
Key dates
Open date
30 Aug 2023
Done
Close date
01 Sep 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
11 Sep 2023
Today
Issue reservation
₹491 CrQIB 50%Retail 35%
QIB
55.7 L sh · ₹245.50 Cr
Retail
39.0 L sh · ₹171.85 Cr
BRLM: DAM Capital Advisors Limited · Mirae Asset Capital Markets (India) Private Limited · Motilal Oswal Investment Advisors Limited
Lot ladder — how much to bid
1 lot = 34 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
34 sh · ₹14,994
Max · 13 lots
442 sh · ₹1,94,922
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
476 sh · ₹2,09,916
Max · 66 lots
2,244 sh · ₹9,89,604
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
2,278 sh · ₹10,04,598
Entry point
₹10,04,598 onward
Issue details
Lead managersDAM Capital Advisors Limited, Mirae Asset Capital Markets (India) Private Limited, Motilal Oswal Investment Advisors Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Limited
Live subscription
46.15×
0×1×2×3×+
Oversubscribed
Book₹417.35 Cr
Subscribed₹19,259 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 55,66,894₹245.50 Cr | 40,38,22,454₹17,809 Cr | 72.54× |
| HNI | 16,70,068₹73.65 Cr | 5,22,56,429₹2,305 Cr | 31.29× |
| Retail | 38,96,825₹171.85 Cr | 3,28,89,207₹1,450 Cr | 8.44× |
| Total | 94,63,719₹417.35 Cr | 43,67,11,661₹19,259 Cr | 46.15× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 17,808.57 |
| HNI | 2,304.51 |
| Retail | 1,450.41 |
| Total | 19,258.98 |
Amounts at the upper band (₹441). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Rishabh Instruments Limited IPO?
One lot of 34 shares — ₹14,994 at the upper price band of ₹441.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-09-11 on NSE.