Rishabh Instruments Ltd - IPO

Rishabh Instruments Ltd IPO Details

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.

Objective of issue

Financing the project cost towards the expansion project. General corporate purposes.

Rishabh Instruments Ltd Contact Details

Rishabh Instruments Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@rishabh.co.in

Website - www.rishabh.co.in