Rishabh Instruments IPO Allotment Status Online

The Rishabh Instruments IPO allotment status will be available on September 6, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Rishabh Instruments IPO allotment status online:

• Visit the Rishabh Instruments IPO allotment status page.
• Click on the green Rishabh Instruments IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Rishabh Instruments IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Rishabh Instruments IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Rishabh Instruments IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Rishabh Instruments IPO allotment status is expected on September 6, 2023. Click the green button Rishabh Instruments IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Rishabh Instruments IPO oversubscribed in the retail category, the Rishabh Instruments IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Rishabh Instruments IPO shares will get listed on Monday, September 11, 2023. The equity share of Rishabh Instruments Limited will list on BSE, NSE.

The reason you didn't get the Rishabh Instruments IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).