Rishabh Instruments Ltd., established in 1982 and converted to a public limited company in 2022, is a global leader in energy efficiency solutions with a focus on electrical automation, metering, and measurement. Catering to diverse sectors such as power, automotive, and industrial, the company offers a comprehensive range of products including electrical measurement and process optimization devices, metering, control and protection equipment, and portable test instruments. Additionally, Rishabh Instruments manufactures solar string inverters and aluminum high-pressure die castings through its subsidiary, Lumel Alucast.
The company's diversified offerings are used by industrial sectors such as FMCG, pharmaceuticals, and power generation. With collaborations and technical agreements with global entities from Germany, UK, and Italy, Rishabh Instruments has expanded its manufacturing capabilities, including a facility in Nashik and a recent approval for M-SIPs from the Indian government. It is set to raise capital through a public offering, aiming to enhance its market presence further.