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The IPO of Rishabh Instruments garnered a decent response from investors with 31.65x overall subscription at close, driven by strong interest from institutional investors.
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.
Experts advised investors, who received IPO allotment, to book profits and evaluate the financial performance for the next few quarters for an investment decision