Rishabh Instruments Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Ability to drive technology and innovation through advanced research and development capabilities;
• Global engineering solution provider operating in large addressable markets and well positioned to benefit from mega industrialisation trends;
• Vertically integrated operations, backed by strong manufacturing capabilities;
• Diversified product portfolio;
• Wide customer base;

• The company business is dependent and will continue to depends on its manufacturing facilities, and the company is subject to certain risks in its manufacturing process. Any slowdown or shutdown in the company manufacturing operations could have an adverse effect on its business, financial condition and results of operations.
• The company propose to utilise a substantial portion of the Net Proceeds of the Offer towards its Expansion Project and the company efforts to expand its production capabilities are subject to delays, cost overruns, and other risks and uncertainties.
• If the company fail to effectively implement its production schedules, the company business and results of operations may be materially and adversely affected.
• Most of the company customers do not commit to long term contracts, and may cancel their orders, change production quantities, delay production or change their sourcing strategy.
• If the products the company manufacture experience quality defects or if the manufacturing services its provide are found to be deficient, its may lose the company customers and may be subject to product liability claims or claims alleging deficiency in service, which may also cause damage to its reputation and/or adversely affect its results of operations and financial condition.

• Enhance product innovation, engineering and design competence while focussing on higher value addition
• Expanding geographical footprint
• Continue to pursue its strategy for inorganic growth
• Target new customers and expand existing customer accounts
• Explore opportunities to tap emerging products and services segments