Rishabh Instruments Limited

RISHABH INSTRUMENTS LIMITED - IPO DETAILS 

Company Overview 

Established in 1982, Rishabh Instruments Limited is actively involved in the realm of manufacturing, design, and development of Test and Measuring Instruments and Industrial Control Products. The company excels in providing economical solutions designed to gauge, manage, document, scrutinize, and refine energy utilization and industrial procedures through an extensive product portfolio. Moreover, they offer comprehensive aluminum high-pressure die-casting solutions tailored for clients necessitating precision fabrication with narrow tolerances. This client base includes manufacturers of automotive compressors and high-precision flow meters in the automation sector.  

In a significant development in 2011, Rishabh Instruments acquired Lumel Alucast, a non-ferrous pressure casting firm based in Europe. Rishabh Instruments extends its offerings to encompass an array of manufacturing services, ranging from mold design and fabrication to EMI/EMC testing services, Electronic Manufacturing Services (EMS), and software solutions like MARC. 

Delineated into four distinct segments, Rishabh Instruments' operations encompass:  

(a) electrical automation devices.  

(b) metering, control, and protection devices.  

(c) portable test and measuring instruments. 

(d) solar string inverters.  

With three dedicated manufacturing facilities at its disposal, Rishabh Instruments boasts a global network comprising over 270 dealers. This expansive reach spans across 70+ countries worldwide, and in India alone, they are connected with more than 150 dealers, effectively covering each state of the country. 

Objective of the IPO 

Here are a few quick reasons why Rishabh Instruments Limited going public:  

1. Financing the cost towards the expansion of Nashik Manufacturing Facility. 

2. Allocating funds for overarching corporate needs and objectives. 

Company Financials 

Key Performance Indicator 

Pros 

1. The corporation operates globally, specializing in electrical automation, measurement, and precision engineering solutions. 

2. Its range of 145 products is manufactured internally across five advanced production units. 

3. With a history dating back to 1982, the company has achieved sustained growth in both revenue and profit. 

4. The industry it serves holds exceptional growth prospects, making it an opportune arena for its products. 

Cons 

1. Being a manufacturing enterprise, its revenue stream relies heavily on the seamless operation of its production facilities. 

2. Higher working capital requirements. 

3. The company's profitability can be affected if projects are not completed on schedule. 

How to Apply for this IPO 

1. Go to https://ipo.adityatrading.in/ 

2. Enter your Client ID 

3. Enter the OTP received in your registered mobile number. 

4. Choose the IPO and click on apply button. 

5. Enter the UPI ID, Quantity, and Cut off the price. 

6. Click on submit button 

7. Confirm the mandate request received on your phone by entering the UPI Pin. 

You can also watch our youtube video on “How to Apply on IPO” by clicking on the link “https://www.youtube.com/watch?v=1qOI8dCpl1I&ab_channel=ATS”