Riddhi Display Equipments IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 95 – 100
Lot Size
1200
Issue Size
₹24.68 Cr
Minimum Investment
₹240000 (2400 Shares)
Listing Date
15 December 2025
Subscription
4.97x
About the Company
Riddhi Display Equipments Limited
Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the manufacturing and supply of innovative display, kitchen, and refrigeration equipment. The company is committed to delivering high-quality, cost-effective solutions that cater to diverse industries, including retail, hospitality, advertising, and exhibitions.
The company operates a modern manufacturing facility in Gondal, Gujarat, equipped with advanced machinery and managed by skilled technical engineers. Its operations are designed to ensure optimized production processes, high yield, and cost efficiency.
Product Portfolio
- Display Counters:
Widely used in restaurants, cafés, retail shops, supermarkets, and similar establishments. This vertical forms a significant part of the company’s revenue. - Commercial Kitchen Equipment:
A core business segment catering to hotels, restaurants, hospitals, and other large institutions. - Commercial Refrigeration Equipment:
Designed for the hospitality and healthcare sectors, including hotels, restaurants, and hospitals.
As of August 31, 2025, the company employs 55 personnel across its operations.
Promoters
- Mr. Shailehsbhai Ratibhai Pipaliya
- Mrs. Hansaben Shailehsbhai Pipaliya
- Mr. Jay Shailehskumar Pipaliya
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
71.43%
Objects of the Issue
The Company Riddhi Display IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh
- Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot
- Capital expenditure towards setting up of Showroom at Gondal, Rajkot
- Funding working capital requirements
- General Corporate Purpose
Address / Contact Info
Riddhi Display Equipments Ltd.
Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Rajkot, Gondal, 360311
Rajkot, Gujarat, 360311
Phone: +91 - 98250 727
Email: info@riddhidisplay.com
Website: https://riddhidisplay.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 08 December 2025
IPO Close Date
Wednesday, 10 December 2025
Basis of Allotment
Thursday, 11 December 2025
Initiation of Refunds
Friday, 12 December 2025
Credit of Shares to Demat
Friday, 12 December 2025
Listing Date
Monday, 15 December 2025 — NSE & BSE
Important Dates
Open Date
08 December 2025
Close Date
10 December 2025
Basis Of Allotment
11 December 2025
Listing Date
15 December 2025
Financial Performance (₹ in Crores)
| Particular | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 36.63 | 32.34 | 19.15 | 17.01 |
| Revenue | 11.23 | 25.09 | 18.9 | 17.54 |
| Profit After Tax | 2 | 4.14 | 2.02 | 0.21 |
| Net Worth | 12.36 | 10.36 | 3.21 | 1.17 |
| Reserve & Surplus | 6.19 | 4.19 | 2.93 | 0.91 |
| Total Borrowings | 8.63 | 10.79 | 8.1 | 6.65 |
EPS Pre
6.71%
EPS Post
6.95%
P/E Pre
14.91
P/E (Post Issue)
14.40x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 62.87 | 92.03 | 17.79 |
| ROCE % | 58.4 | 56.15 | 11.26 |
| Debt / Equity | 1.04 | 2.4 | 4.89 |
| RoNW % | 39.94 | 59.73 | 15.19 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 16.53 | 10.69 | 1.18 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 25200 | 1.07 | 0 |
| Non-Institutional | 1155600 | 49.28 | 0 |
| BNII | 770400 | 32.86 | 0 |
| SNII | 385200 | 16.43 | 0 |
| Retail Investors | 1164000 | 49.64 | 0 |
| Total | 2344800 | 100 | 0 |
Subscription Status ( Wed, 10 Dec 25 01:29 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 25200 | 55200 | 2.19x |
| Non-Institutional | 1155600 | 2338800 | 2.02x |
| Retail Investors | 1164000 | 9249600 | 7.95x |
| Total | 2344800 | 11643600 | 4.97x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Riddhi Display Equipments Ltd | 10 | 0.00 | 3.24 | 3.24 | 16.18 | 19.42 |
| Ice Make Refrigeration Ltd | 10 | 52.21 | 14.72 | 14.72 | 18.09 | 81.36 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 240,000.00 |
| Retail (Max) | 2 | 2,400 | 240,000.00 |
| S-HNI (Min) | 3 | 3,600 | 360,000.00 |
| S-HNI (Max) | 8 | 9,600 | 960,000.00 |
| B-HNI (Min) | 9 | 10,800 | 1,080,000.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Jawa Capital Services Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Riddhi Display Equipments IPO is a Book-building IPO worth ₹24.68 crores. The price band is ₹95 to 100 per share. The IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The Riddhi Display Equipments IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025
Riddhi Display Equipments IPO Price Band is ₹95 to 100.
Riddhi Display Equipments IPO lot size is 1200, and the minimum amount required for application is ₹240000.
The minimum investment for Riddhi Display Equipments IPO is approximately ₹240000 based on the upper price band.
To apply for the Riddhi Display Equipments IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Dec 10, 2025. After submission, funds are blocked until the basis of allotment of Riddhi Display Equipments IPO is finalised.
Riddhi Display Equipments IPO issue size is ₹24.68 crores.
Riddhi Display Equipments IPO allotment date is Sat, Jun 27, 2026.
The registrar for Riddhi Display Equipments IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Riddhi Display Equipments IPO through their official website or helpline.