Riddhi Display Equipments IPO Details

SME

Riddhi Display Equipments IPO opens for subscription on 08 Dec 2025 and closes on 10 Dec 2025. The IPO will be listed on BSE with the tentative listing date set for 15 Dec 2025.

Riddhi Display Equipments IPO price band has been fixed at ₹95 – ₹100 per share.The face value is ₹10 per share with a lot size of 1200.

Riddhi Display Equipments IPO total issue size comprises 24,68,400 shares (aggregating up to ₹24.68 Cr.). This includes a fresh issue of 24,68,400 shares (aggregating up to ₹24.68 Cr.). Pre-issue shareholding stands at 61,71,589, which will increase to 86,39,989 post-issue.

Riddhi Display Equipments IPO carries a ₹1 (1.0%) GMP, reflecting investor sentiment.

Riddhi Display Equipments IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹240,000. Individual Maximum is 2 lots (2,400 shares) amounting to ₹240,000. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹360,000. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹960,000. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,080,000.

The Lead Managers for Riddhi Display Equipments IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jawa Capital Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aftertrade Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Riddhi Display Equipments Limited RHP.

Riddhi Display Equipments IPO Details

Open Date
08 Dec 2025
Close Date
10 Dec 2025
Listing Date
15 Dec 2025
Issue Price
₹95 - ₹100
Face Value
₹10 per share
Lot Size
1200
GMP
₹1 (1.0%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
6171589
Share holding post issue
8639989
Total Issue Size
24,68,400 shares (aggregating up to ₹24.68 Cr.)
Fresh Issue
24,68,400 shares (aggregating up to ₹24.68 Cr.)
Offer for Sale
-

Riddhi Display Equipments IPO Dates

  • 08 Dec 2025
    Opening dateOPD
  • 10 Dec 2025
    Closing dateCOD
  • 11 Dec 2025
    Allotment Date BOA
  • 12 Dec 2025
    Initiation of RefundsIOR
  • 12 Dec 2025
    Credit of SharesCOS
  • 15 Dec 2025
    Listing dateLID

Riddhi Display Equipments IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22400₹240,000
Individual Maximum22400₹240,000
SHNI Minimum33600₹360,000
SHNI Maximum89600₹960,000
BHNI Minimum910800₹1,080,000

Riddhi Display Equipments IPO Reservation

Promoter Holding

Pre Issue:99.99%
Post Issue:71.43%
Promoter Names:
Mr. Shailehsbhai Ratibhai Pipaliya, Mrs. Hansaben Shailehsbhai Pipaliya, Mr. Jay Shailehskumar Pipaliya

Riddhi Display Equipments IPO Valuations

ROE:62.87%
ROCE:58.40%
DEBT/EQUITY:1.04
RONW:39.94%
PAT MARGIN:16.53%
PRICE TO BOOK VALUE:6.08
P/E Pre IPO:14.91
P/E Post IPO:14.4

Riddhi Display Equipments Financial Information

Period Ended31 Jul 202531 Mar 202531 Mar 202431 Mar 2023
Assets36.6332.3419.1517.01
Total Income11.2325.0918.9017.54
Profit After Tax2.004.142.020.21
EBITDA3.196.933.771.08
NET Worth12.3610.363.211.17
Reserves and Surplus6.194.192.930.91
Total Borrowing8.6310.798.106.65
Amount in ₹ Crore

About Riddhi Display Equipments IPO

Incorporated in 2006, Riddhi Display Equipments Limited is involved in the manufacturing and supply of innovative display and refrigeration solutions, including display counters, kitchen equipment, and refrigeration units.

The company is committed to delivering high-quality products and services tailored to the requirements of industries such as retail, advertising, and exhibitions.

Its manufacturing facility, located in Gondal, Gujarat, is designed to produce reliable and cost-efficient equipment. The unit is operated by skilled technical engineers who oversee the production process, ensuring optimized output and effective cost management.

Product Portfolio:

  • Display Counter: The company’s Display Counter vertical contributes significantly to income, used for restaurants, cafes, retail shops, supermarkets, and more.
  • Commercial Kitchen Equipment: The company’s Commercial Kitchen Equipment vertical contributes significantly to income, used in hotels, restaurants, hospitals, and more.
  • Commercial Refrigeration Equipments: The company’s Commercial Refrigeration Equipment vertical contributes to income, used in hotels, restaurants, hospitals, and more.

As on August 31, 2025, the company has 55 employees on its payroll.

Strength Of Riddhi Display Equipments IPO

  • Manufacturers of wide range of Display Counters, Commerical Kitchen Equipments and Commerical refrigeration equipments.
  • Well established manufacturing facilities.
  • Experienced Promoters and qualified technical team.
  • Strong marketing team.
  • Providing customized solutions with a focus on after sales service.
  • Catering to clients from diverse sectors and industries.
  • Consistent delivery of quality products.

Risk Of Riddhi Display Equipments IPO

  • The Report on the Audited Financial Statements for the Period ended October 31, 2024 and Reaudited Financial Statements for the Financial Year ended March 31, 2024 and the Examination Report on the Restated financial statements of the Company for the period ended October 31, 2024 and for the financial years ended March 31, 2024, March 31, 2023 and March 31, 2022, are all signed under same UDIN on same date.
  • The Manufacturing Unit proposed to be set up in Lucknow, Uttar Pradesh, is on premises taken on lease.
  • The company has only one Manufacturing Facility, continued operations of its manufacturing facility is critical to its business and any disruption in the operation of the company manufacturing facility may have a material adverse effect on its business, results of operations and financial condition.
  • Its business is subject to a variety of safety, health and environmental laws, labour, and workplace related laws and regulations. Any failure on its part to comply with these applicable laws and regulations could have an adverse effect on its operations and financial condition.
  • The company generate a significant percentage of its revenue from few clients. The loss of any one or more of its major clients would have a material adverse effect on the company business operations and profitability.
  • Its top ten suppliers contribute majority of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.
  • There have been instances of incorrect filing and delays in filing of certain e-forms of the Company in compliance with the Companies Act, 2013. Consequently, its may be subject to regulatory actions and penalties for such delays which may adversely impact its business and financial condition.
  • Its business operations are concentrated in the Gujarat, any adverse developments affecting its operations in this region could have a significant impact on the company revenue and results of operations.
  • The company has in the past, and may in the future, experience losses.
  • The company does not have long-term agreements with most of its customers and the loss of one or more of them or a reduction in their demand for its products could adversely affect the company business, results of operations, financial condition and cash flows.

Objectives Riddhi Display Equipments IPO

1. Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh

2. Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot

3. Capital expenditure towards setting up of Showroom at Gondal, Rajkot

4. Funding working capital requirements

5. General Corporate Purpose

Company Contact Details

Riddhi Display Equipments Ltd.
Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Gondal
Rajkot, Gujarat, 360311
Phone: +91 98250 72799
Email: info@riddhidisplay.com
Website: https://riddhidisplay.com/

Registrar Contact Details

Name: Maashitla Securities Private Limited
Phone: +91-11-45121795, +91-11-45121796

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