Rishabh Instruments IPO Subscription Details

Bookbuilding IPO | ₹491 Cr | Listed at BSE, NSE | Wed, Aug 30, 2023 - Fri, Sep 1, 2023

Basis of Allotment - Rishabh Instruments IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)22,25,77233,38,65655,64,4285,56,44311,12,88616,69,32938,95,1011,11,28,858
Allotment price (Rs.)441441441441441441441441
No.of applications65168128,84216,20545,0477,64,0628,09,190
No.of shares applied16,07,27,31634,74,05216,42,01,3681,43,56,2963,80,49,7065,24,06,0023,17,81,53424,83,88,904
Amount collected (Rs.cr.)7,088.07 153.21 7,241.28 633.11 1,677.99 2,311.10 1,401.57 10,953.95
No.of times subscribed72.211.0429.5125.8034.1931.398.1622.32
No.of shares allotted22,25,77233,38,65655,64,4285,56,44311,12,88616,69,32938,95,1011,11,28,858
Amount (Rs.cr.)98.16 147.23 245.39 24.54 49.08 73.62 171.77 490.78
No.of allottees6513781,1682,3373,5051,14,5611,18,144

IPO Shares Offered

Rishabh Instruments IPO is a public issue of 1.11 Cr equity shares. The issue offers 0.39 Cr shares to retail investors, 0.56 Cr shares to qualified institutional buyers, and 0.17 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 55,64,428245.39 50.00%
    Anchor 33,38,656 147.23 30.00%
    QIB (Ex Anchor) 22,25,772 98.16 20.00%
NII 16,69,32973.62 15.00%
    bNII (> ₹10L)11,12,88649.08 10.00%
    sNII (< ₹10L)5,56,44324.54 5.00%
Retail38,95,101171.77 35.00%
Total1,11,28,858490.78 100%

Rishabh Instruments IPO Anchor Investor Allocation

A total of 33,38,656 shares at a price of Rs 441 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 29, 2023
Anchor investor price₹441.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days16,69,328
No. of shares locked-in for 90 days16,69,328
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 1,41,746 6.25 4.25 1.27
2 HDFC DEFENCE FUND HDFC MUTUAL FUND 1,41,712 6.25 4.24 1.27
3 HDFC TRANSPORTATION & LOGISTICS FUND HDFC MUTUAL FUND 1,41,712 6.25 4.24 1.27
4 HDFC DIVIDEND YIELD FUND HDFC MUTUAL FUND 1,41,746 6.25 4.25 1.27
5 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 3,14,942 13.89 9.43 2.83
6 NIPPON INDIA FLEXI CAP FUND NIPPON INDIA MUTUAL FUND 2,51,974 11.11 7.55 2.26
7 SUNDARAM EQUITY SAVINGS FUND SUNDARAM MUTUAL FUND 66,232 2.92 1.98 0.60
8 SUNDARAM FLEXICAP FUND SUNDARAM MUTUAL FUND 3,48,738 15.38 10.45 3.13
9 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 2,07,502 9.15 6.22 1.86
10 BANDHAN MULTI CAP FUND BANDHAN MUTUAL FUND 2,07,468 9.15 6.21 1.86
11 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 4,14,970 18.30 12.43 3.73
12 QUANT DYNAMIC ASSET ALLOCATION FUND QUANT MUTUAL FUND 2,56,270 11.30 7.68 2.30
13 QUANT MANUFACTURING FUND QUANT MUTUAL FUND 1,58,700 7.00 4.75 1.43
14 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 1,81,648 8.01 5.44 1.63
15 TATA MULTICAP FUND TATA MUTUAL FUND 1,81,648 8.01 5.44 1.63
16 3P INDIA EQUITY FUND I 3P INDIA 1,81,648 8.01 5.44 1.63
33,38,656147.2310030.00

IPO Subscription FAQs

The Rishabh Instruments IPO is subscribed 31.65 times by Sep 01, 2023 19:02.

Rishabh Instruments IPO Subscription

Investor Category Subscription (times)
Qualified Institutional72.54
Non Institutional31.29
Retail Individual8.44
Total Subscription31.65

Retail category of Rishabh Instruments IPO subscribed 8.44 times as of date Sep 01, 2023 19:02. The public issue closes on Fri, Sep 1, 2023 for bidding.

An investor can apply in Rishabh Instruments IPO online via bank (using ASBA) or the broker (using UPI). The Rishabh Instruments IPO shares are offered online only.

The Rishabh Instruments IPO is subscribed 31.65 times by Sep 01, 2023 19:02.

The Rishabh Instruments IPO allotment status is expected on or around Wednesday, September 6, 2023. Visit Rishabh Instruments IPO allotment status to check.

The Rishabh Instruments IPO listing date is September 11, 2023. The equity share of Rishabh Instruments IPO will list on BSE, NSE.

Visit Rishabh Instruments IPO subscription status page for real-time bidding information about Rishabh Instruments IPO.

Rishabh Instruments IPO Timetable

IPO opens OnWednesday, August 30, 2023
IPO Closes OnFriday, September 1, 2023
Finalisation of Basis of AllotmentWednesday, September 6, 2023
Initiation of RefundsThursday, September 7, 2023
Credit of Shares to Demat AccountFriday, September 8, 2023
IPO Listing DateMonday, September 11, 2023
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