{"id":109550,"date":"2023-09-11T13:27:31","date_gmt":"2023-09-11T07:57:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109550"},"modified":"2023-09-11T13:27:37","modified_gmt":"2023-09-11T07:57:37","slug":"over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade\/","title":{"rendered":"Over 4% of the Rishabh Instruments stock rises on its first trade"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3477399943\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Monday shares of energy efficiency solution company Rishabh Instruments Ltd. listed with a premium of more than 4 per cent against the issue price of Rs 441.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4008277878\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On BSE the stock started the trade at Rs 460, up 4.30 per cent from the issue price. It further climbed 6.49 per cent to Rs 469.65.<\/p><p>At the NSE, it listed at Rs 460.05, registering a gain of 4.31 per cent.<\/p><p>The company has a market valuation of Rs 1,721.55 crore.<\/p><div class=\"trade-content_5\" id=\"trade-2489382369\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Following the heavy demand from institutional buyers, the IPO of Rishabh Instruments was subscribed 31.65 times.<\/p><p>For the IPO the company had a fixed price band at Rs 418-441 per share.<\/p><p>The IPO had a both fresh issue of equity shares aggregating up to Rs 75 crore and an OFS of up to 94.3 lakh equity shares.<\/p><p>The Nashik-based company specializes in electrical automation, metering, and measurement equipment with precise engineering and a range of industrial applications, including the power and automotive sectors.&nbsp;<\/p><div class=\"trade-after-content\" id=\"trade-3881311111\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Monday shares of energy efficiency solution company Rishabh Instruments Ltd. listed with a premium of more than 4 per cent against the issue price of Rs 441. On BSE the stock started the trade at Rs 460, up 4.30 per cent from the issue price. It further climbed 6.49 per cent to Rs 469.65. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-109550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over 4% of the Rishabh Instruments stock rises on its first trade - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Monday shares of energy efficiency solution company Rishabh Instruments Ltd. listed with a premium of more than 4 per cent against the issue price of Rs 441.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over 4% of the Rishabh Instruments stock rises on its first trade\" \/>\n<meta property=\"og:description\" content=\"On Monday shares of energy efficiency solution company Rishabh Instruments Ltd. listed with a premium of more than 4 per cent against the issue price of Rs 441.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T07:57:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-11T07:57:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade\/\",\"url\":\"https:\/\/tradebrains.in\/features\/over-4-of-the-rishabh-instruments-stock-rises-on-its-first-trade\/\",\"name\":\"Over 4% of the Rishabh Instruments stock rises on its first trade - 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