About Rishabh
Rishabh is a publicly listed company based in Nashik (India) founded in 1985 by Narendra Joharimal Goliya. Rishabh has raised $11.99 million across 1 funding round from investors including Global Environment Fund. The company has 791 employees. Rishabh has completed 1 acquisition, including Lumel. Rishabh was last valued at $52.18 million in September 2013. Its chief executive is Dinesh Musalekar. Its website rishabh.co.in draws about 18 thousand monthly visits. Its Indian entity Rishabh Instruments Limited reported revenue of ₹796 Cr. Its focus areas include Industrial Goods and Manufacturing, Industrial Automation Equipment, Horizontal and Manufacturers. Its competitors include Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
Manufacturer of test and measuring instruments and industrial control products. Its product offerings include protector relays, CAM switches, multifunction meters, current transformers, shunts, analog panel meters, digital panel meters, isolators, controllers, insulation testers, clamp meters, energy management system, and digital multimeter.
- Annual Revenue₹796 Cr
FY 2026 · +8% YoY
- Net Profit₹82.26 Cr
FY 2026 · 10% margin
- EBITDA₹147 Cr
FY 2026 · 18% margin
- Total Equity Funding$11.99M (USD)
in 1 rounds
- Latest Funding Round$11.99M (USD), Private Equity Round
Sep 2013
- Investors
- Employee Count791
- Investments & Acquisitions
Associated legal entities of Rishabh
Rishabh is associated with 2 registered companies on The Company Check; the primary company is Rishabh Instruments Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rishabh Instruments Limited Listed CIN L31100MH1982PLC028406 | Active | 06 Oct 1982 | Mumbai, Maharashtra | ₹796 Cr | 525 | 9 | View details |
| Rishabh Foam Private Limited CIN U20299DL2000PTC107447 | Active | 25 Aug 2000 | Delhi, Delhi | ₹31.4 Cr | – | 2 | View details |
Apps and channels of Rishabh
its YouTube channel Rishabh Instruments Limited has 987 subscribers and 30 videos.
Videos from Rishabh
The most watched videos on Rishabh's YouTube channel, Rishabh Instruments Limited (987 subscribers). Click a video to play it here.
More on Rishabh Instruments Limited.
Funding Insights of Rishabh
Rishabh has successfully raised a total of $11.99M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $11.99 million completed in September 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.99M
- Total Rounds 1
- Last Round Private Equity Round — $11.99M
- First Round $11.99M
(Sep 2013)
- Investors Count 1
All 1 funding rounds of Rishabh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $11.99M | Private Equity Round | $52.18M | Global Environment Fund | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2013 | $52.18M | •••••••• |
Last known valuation $52.18M (Sep 2013). 1 investors in total: 1 institutional.
Investors in Rishabh
Rishabh has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Global Environment Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Infrastructure fund focused on energy sector | 1990 | globalenvironmentfund.com | Bethesda, United States |
Investor details for Rishabh
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Board of directors of Rishabh Instruments Limited (Rishabh)
Rishabh Instruments Limited is the primary company behind Rishabh. The boards of the 2 registered companies of Rishabh currently have 9 directors; the longest-serving is Narendra Johrimal Goliya, appointed in 1982. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narendra Johrimal Goliya DIN 00315870 | Director | 06 Oct 1982 | 44 yrs | Rishabh Instruments Limited |
| Ajay Jain DIN 00910635 | Whole-time director | 25 Aug 2000 | 26 yrs 1 mo | Rishabh Foam Private Limited |
| Abhishek Jain DIN 06958907 | Whole-time director | 28 Aug 2014 | 12 yrs 1 mo | Rishabh Foam Private Limited |
| Astha Ashish Kataria DIN 01813262 | Director | 08 Aug 2022 | 4 yrs 2 mo | Rishabh Instruments Limited |
| Siddharth Nandkishore Bafna DIN 00689925 | Director | 23 Aug 2022 | 4 yrs 1 mo | Rishabh Instruments Limited |
| Lukasz Jan Meissner DIN 09740048 | Director | 23 Sep 2022 | 4 yrs | Rishabh Instruments Limited |
| Dineshkumar Mahadev Musalekar DIN 02039938 | Managing Director | 09 Aug 2024 | 2 yrs 2 mo | Rishabh Instruments Limited |
| Rajendra Bhaskar Bagwe DIN 00121238 | Director | 27 May 2025 | 1 yr 4 mo | Rishabh Instruments Limited |
| Subramaniam Venkatakrishnan DIN 03106004 | Director | 27 May 2025 | 1 yr 4 mo | Rishabh Instruments Limited |
People of Rishabh
7 people are tracked at Rishabh (3 in leadership, 1 in board & advisors, 3 in team); the tracked headcount is 791.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Dinesh Musalekar | CEO | Leadership |
Nishant Dudhoria | Additional General Manager | Leadership |
P.k. Ramakrishnan | Director | Board & advisors |
| Chairman | Team | |
Ajit Jawale | Senior Sales Engineer | Team |
Pallavi Mishra | Corporate Marketing Communications | Team |
Complete people profiles for Rishabh
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IPO & Listings of Rishabh
Rishabh is a publicly listed company on the NSE with ticker symbol RISHABH in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Sep 2023
- Listed onNSE: RISHABH · BSE: 543977
- Listed entityRishabh Instruments Limited
- Exchange sectorProducer manufacturing
- ISININE0N2P01017
- Share price₹703.70 (+2.16% on the day) · 2026-10-14
- Market capitalisation₹2,666 Cr
- Price to earnings33.7
- EPS (diluted, trailing year)₹20.90
- Dividend yield0.29%
- Volume (last session)184,141
Financials of Rishabh
Figures of Rishabh Instruments Limited, the primary company behind Rishabh, for FY 2026. Revenue was ₹796 Cr (+8% year on year). Net profit was ₹82.26 Cr (10% margin). EBITDA was ₹147 Cr (18% margin). Revenue has grown at a compounded annual rate of +11% over three years and +15% over five years.
- ₹796 CrRevenue · FY 2026 · +8% YoY
- ₹82.26 CrNet profit · 10% margin
- ₹147 CrEBITDA · 18% margin
- ₹38.66 CrPaid-up capital
- 525Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹773 Cr | ₹81.5 Cr | ₹125 Cr |
| 2024 | ₹718 Cr | ₹22.4 Cr | ₹47.9 Cr |
| 2023 | ₹688 Cr | ₹39.7 Cr | ₹70.0 Cr |
| 2022 | ₹570 Cr | ₹46.8 Cr | ₹77.3 Cr |
| 2021 | ₹470 Cr | ₹47.1 Cr | ₹77.5 Cr |
Balance sheet, profit and loss, cash flow and ratios of Rishabh Instruments Limited are on its company page.
Detailed financial statements for Rishabh
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Rishabh
Rishabh has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lumel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electrical transducers, network analyzers, and analog meters are manufactured. | lumel.com.pl | Zielona Gora, Poland | 1953 | May 2011 | $27.31M |
Complete acquisition details for Rishabh
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Timeline of Rishabh
5 dated milestones of Rishabh across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Rishabh is founded.
- Acquisition Acquires Lumel.
- Funding First funding round of $12.0M.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
Competitors of Rishabh
Rishabh has 8 listed competitors in our database, 2 of them funded. They include Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| se.com | 1836 | – | – | 176,962 | Energy management and automation solutions are provided globally. | |
| honeywell.com | 1885 | United States | – | – | Diversified electronics and automation equipment are manufactured and supplied. | |
| danfoss.com | 1933 | Nordborg, Denmark | $41.22M | 27,491 | Manufacturer of energy efficiency products | |
| rockwellautomation.com | 1903 | Milwaukee, United States | – | 29,000 | Industrial automation and information systems are provided to global industries. | |
| emerson.com | 1890 | St. Louis, United States | – | – | Automation and engineering services are provided for multiple industries. | |
| cgglobal.com | 1937 | Mumbai, India | – | 3,415 | Manufacturer of Industrial and Consumer Electric Equipment | |
| parker.com | 1917 | United States | – | 61,120 | Motion and control technologies are distributed globally by Parker. | |
| sciaps.com | 2012 | Andover, United States | $53.43M | 104 | Durable handheld LIBS, XRF, and Raman analyzers are manufactured. |
Detailed competitors of Rishabh
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Web traffic of Rishabh
The website of Rishabh (rishabh.co.in) receives about 17.9K visits a month.
- Monthly visits17.9K
▼ 22.4% vs previous month
Websites whose visitors overlap most with Rishabh. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mecoinst.com | 100% | 11.1K | #2,095,602 | View details | |
aelindia.com | aelindia.com | 99% | – | #2,793,854 | – |
| stcvalve.com | 82% | – | #2,542,951 | View details | |
zeal-services.com | zeal-services.com | 79% | – | #10,640,220 | – |
aemc.com | aemc.com | 76% | – | #772,959 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Rishabh
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Top companies in Industrial Automation & Robotics
10 companies that operate in the same segment as Rishabh (Industrial Automation & Robotics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | United States | – | USD 37.44 B | 6,810 | |
Manufacturer of Industrial and Consumer Electric Equipment | 1937 | Mumbai, Maharashtra, India | – | USD 1.32 B | 4,840 | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Energy management and automation solutions are provided globally. | 1836 | Rueil-malmaison, Hauts-de-seine, France | – | USD 39.63 B | 2,020 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | 1,152 | |
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Collaborative surgical robotic systems are provided for hospital procedures. | 2014 | Cambridge, Cambridgeshire, United Kingdom | USD 1.68 B | USD 48.75 M | 680 |
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Related news about Rishabh
Complete news archive for Rishabh
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Articles about Rishabh on our blog
- boAt – A Consumer Tech Startup Powers Ahead16 Oct 2020
Frequently Asked Questions about Rishabh
Rishabh was founded in 1985 and raised its 1st funding round 28 years after it was founded.
Rishabh is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
Dinesh Musalekar is the current CEO of Rishabh.
Rishabh is a funded company, having raised a total of $11.99M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $11.99M, raised on Sep 2013.
Rishabh has 791 employees.
The primary company behind Rishabh, Rishabh Instruments Limited, reported revenue of ₹796 Cr for FY 2026, up 8% year on year.
Manufacturer of test and measuring instruments and industrial control products. Its product offerings include protector relays, CAM switches, multifunction meters, current transformers, shunts, analog panel meters, digital panel meters, isolators, controllers, insulation testers, clamp meters, energy management system, and digital multimeter.
Rishabh's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
Yes, Rishabh is publicly traded on NSE under the ticker symbol RISHABH.
Rishabh has made 1 acquisition, including Lumel.
Rishabh has 1 investor. Key investors include Global Environment Fund.
The valuation of Rishabh is $52.18M as of Sep 2013.