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Primary market schedule | 4 IPOs to be launched, 6 listings next week

Rishabh Instruments Rs 491-crore IPO to open on August 30 | Business News

ipo: Rishabh Instruments Rs 491-crore IPO to open on August 30

The IPO comprises a fresh issue of equity shares aggregating up to Rs 75 crore and an offer for sale (OFS) for up to 94.3 lakh equity shares by its promoter group shareholders and an existing investor, according to its draft red herring prospectus (DRHP).

Rishabh Instruments IPO to open on August 30 check details

Under the OFS, Asha Narendra Goliya will offload about 15,00,000 equity shares, while Rishabh Narendra Goliya will tender 4,00,000 equity shares and 517,500 equity shares will be offloaded by Narendra Rishabh Goliya (HUF). Meanwhile, SACEF Holdings II too will tender about 70,10,678 equity shares.

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