Rishabh Instruments share price opens at a mere 4% premium on NSE; details here
Rishabh Instruments IPO listed at a premium of 4.3% higher than the issue price on Monday.
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Rishabh Instruments IPO listed at a premium of 4.3% higher than the issue price on Monday.
While shares of Ratnaveer Precision listed at an impressive 31 per cent premium, Rishabh Instruments disappointed investors as its shares started trading at just a 4 per cent premium.
Rishabh Instruments has set a target to clock Rs 1,000 crore, along with an enhanced margin of 20 percent, in the next two years, by FY25-26.
Analysts expect the listing price to be around Rs 500.
Rishabh Instruments is set to announce its share allotment status on Wednesday, September 6.The shares of Rishabh Instruments were subscribed 31.65 times.The