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Rishabh Instruments Ltd IPO

  • Min. Investment14212/ 34 Shares
  • Min. Quantity34
  • Price Range₹418 - ₹441
  • Date Range30 Aug 23 - 01 Sep 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date30 Aug 2023
  • Application End Date01 Sep 2023
  • Allotment begins
  • Refund Initiation Date07 Sep 2023
  • Allotment Date06 Sep 2023
  • Listing On Exchange11 Sep 2023
Registrar Information
  • NameKFin Techologies Ltd
  • Contact no.+91 40 6716 2222
  • Email
Company Information

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.

Financial information

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

Particulars FY20 FY21 FY22
(Rs Crore)
Revenue 137.58 126.91 151.91
Net Profit 12.48 13.5 10.28
Total Assets 267.44 258.12 280.78
  • 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
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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