Rishabh Instruments  IPO GMP

Author : Sachin Gupta

11-September-2023

What is GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About Rishabh Instruments IPO 

Rishabh Instruments Limited, founded in 1982, is a manufacturer, designer, and developer of Test & Measuring Instruments and Industrial Control Products. Through a variety of products, the company delivers cost-effective solutions for measuring, controlling, recording, analyzing, and optimizing energy and processes.

Rishabh Instruments  IPO Details

IPO Date

  IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

30-Aug-23

₹10 per share

₹418 to 441

01-Sep-23

₹490.78 Cr  

34 shares

BSE, NSE

06-Sep-23

11-Sep-23

Date

GMP

Rishabh Instruments  IPO GMP 

07-Sep-23

₹ 62

08-Sep-23

₹ 62

09-Sep-23

₹ 59

10-Sep-23

₹ 60

11-Sep-23

₹ 61

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