Rishabh Instruments Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹418 - ₹441
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Rishabh Instruments Limited IPO
Rishabh Instruments Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 30 Aug 2023 and concluded on 01 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹418 - ₹441.
During the bidding window, Rishabh Instruments Limited witnessed heavy demand with an overall subscription of 31.65 times. Institutional investors (QIB) subscribed 72.54x, non-institutional high-net-worth investors (NII) subscribed 31.29x, and retail individual investors (RII) bid 8.44x their reserved quota.
The equity shares of Rishabh Instruments Limited officially debuted on the stock exchanges on 11 Sept 2023 at an opening listing price of ₹460.05, delivering a listing day return of +4.32% (premium) over the final issue price. As per the latest market data, the stock trades at ₹641.45, representing an overall gain of +45.45% since its IPO allotment.