Registered Office:
A-54 MIDC Andheri (East),Opposite MIDC Bus Depot,
Mumbai - 400093,
Maharashtra, India.
Phone : 91-22-2825 4047
Fax : NA
Initial public offering of 11,128,858^ equity shares of face value of
(Rs) 10 each ("Equity Shares") of Rishabh Instruments Limited ("The Company" or the "Issuer") for cash at a price of (Rs) 441 per equity share (including a share premium of (Rs) 431 per equity share) (the "Offer Price") aggregating to (Rs) 490.78 crores, comprising a fresh issue of 1,700,680^ equity shares aggregating to (Rs) 75.00 crores and an offer for sale of 9,428,178^ equity shares aggregating to (Rs) 415.78 crores, comprising 1,500,000^ equity shares by asha Narendra Goliya* aggregating to (Rs) 66.15 crores, 400,000^ equity shares by Rishabh Narendra Goliya* aggregating to (Rs) 17.64 crores, 517,500^ equity shares by Narendra Rishabh Goliya (huf)# aggregating to (Rs) 22.82 crores and 7,010,678^ equity shares by Sacef Holdings ii aggregating to
(Rs) 309.17 crores (together, the "Selling Shareholders") (the "Offer"). The offer will constitute 29.32% of the post-offer paid-up equity share capital.
^Subject to finalization of basis of allotment.
Opens On
Closes On
Application
Allotment
30-Aug-23
01-Sep-23
441.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
34
Further Multiples of :
34
(Rs.Cr)
Lead Managers to the Issue
Project Cost
70.81
DAM Capital Advisors Ltd