Riddhi Display Equipments Limited IPO
Riddhi Display Equipments Limited, based in Rajkot, Gujarat, specializes in designing and manufacturing customized solutions for commercial kitchens and bakery setups. The company offers a wide range of tailor-made display counters and commercial kitchen and refrigeration equipment catering to restaurants, cafes, food courts, sweet shops, supermarkets, and more. Its product portfolio includes refrigerated, heated, and ambient display units, along with burners, bain-maries, trolleys, sinks, and work tables. Certified under ISO 9001:2015 and other international standards, Riddhi ensures quality and compliance across all its offerings under its three main verticals: Display Counters, Commercial Kitchen Equipment, and Commercial Refrigeration Equipment.
Price Band₹95 - ₹100 |
Dates08 Dec - 10 Dec |
GMP₹0 (0.00%) |
Subscriptions- times |
Issue Size₹24.68 Crs |
Riddhi Display IPO Key Dates
Opening Date
08 Dec 25
Closing Date
10 Dec 25
Basis Of Allotment
11 Dec 25
Initiations Of Refund
12 Dec 25
Credit Of Shares
12 Dec 25
Listing Date
15 Dec 25
Riddhi Display IPO Objects
- Capex towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, UP
- Capex 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
Riddhi Display IPO Details
Price Band₹95 - ₹100 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹24.68 Cr (0.25 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹24.68 Cr (0.25 Cr Shares) |
Face Value₹10 per equity share |
Riddhi Display IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,400
2,40,000
Maximum
2
2,400
2,40,000
|
|||
| Small HNI |
Minimum
3
3,600
3,60,000
Maximum
8
9,600
9,60,000
|
|||
| Big HNI |
Minimum
9
10,800
10,80,000
|
|||
Riddhi Display IPO Subscription
Updated as on Last updated time: N/A
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 24,68,400 |
Riddhi Display IPO GMP
The estimated Grey Market Premium of Riddhi Display IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | 1.07% of Net offer |
| NII | 49.28% of Net offer |
| Retail | 49.64% of Net offer |
| Market Maker | 123600 EQ Shares |
Riddhi Display IPO Financials
| Particulars | Jul-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 11.22 | 25.03 | 18.86 | 17.53 |
| Profit after Tax | 2.00 | 4.14 | 2.02 | 0.21 |
| Net Worth | 12.36 | 10.36 | 3.38 | 1.36 |
| Total Borrowing | 8.64 | 10.79 | 8.10 | 6.65 |
| Total Assets | 36.63 | 32.34 | 19.15 | 17.01 |
| NAV per share (in ₹) | 19.42 | 16.45 | 5.46 | 1.99 |
| EPS - Basic (in ₹) | 3.24 | 6.84 | 3.43 | 0.35 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 27.68% |
| PAT | 16.53% |
| ROE | 62.87% |
| ROCE | 58.40% |
| PE Ratio | 14.62 |
| PB Ratio | 6.08 |
| Mkt Cap (in Crs.) | 86.40 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Riddhi Display IPO Peer Comparision
| Particulars | Riddhi Display | Ice Make |
|---|---|---|
| Revenue | 25.03 | 471.79 |
| PAT | 4.14 | 23.22 |
| EPS | 3.24 | 14.72 |
| NAV | 19.42 | 81.36 |
| RONW | 16.18% | 18.09% |
| EBITDA | 27.68% | 9.14% |
| PAT | 16.53% | 4.92% |
| PE Ratio | 14.62 | 48.14 |
All the information pertains to FY 2024-25. The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 28, 2025 for Peers
Riddhi Display IPO Peer Comparision
| Particulars | Riddhi Display |
|---|---|
| Revenue | 25.03 |
| PAT | 4.14 |
| EPS | 3.24 |
| NAV | 19.42 |
| RONW | 16.18% |
| EBITDA | 27.68% |
| PAT | 16.53% |
| PE Ratio | 14.62 |
| Ice Make |
|---|
| 471.79 |
| 23.22 |
| 14.72 |
| 81.36 |
| 18.09% |
| 9.14% |
| 4.92% |
| 48.14 |
All the information pertains to FY 2024-25. The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 28, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Shaileshbhai Pipaliya | 45.21% |
| Hansaben Pipaliya | 49.40% |
| Others | 5.38% |
| Total | 99.99% |
Management Details
| Name | Designation |
|---|---|
| Shaileshbhai Pipaliya | Chairman & MD |
| Vandankumar Dave | CFO |
Company Details
Name: Riddhi Display Equipments Limited
Address: Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal
Highway, Village Bhojpara, Rajkot,
Gondal, Gujarat, India, 360311
Number: +91 - 98250 72799
Email: info@riddhidisplay.com
Website: www.riddhidisplay.com
Book Running Lead Managers (BRLMs)
RTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Riddhi Display IPO is a SME IPO having an issue size of Rs. ₹24.68 Crs. Riddhi Display IPO is priced at ₹95 - ₹100 per share. The issue opens on 08 Dec 25 and closes on 10 Dec 25.
Riddhi Display IPO opens on 08 Dec 25 and closes on 10 Dec 25.
The estimated Grey Market Premium of Riddhi Display IPO is ₹0 per share (0.00%).
The minimum lot size of Riddhi Display IPO is 1200 shares & the minimum application amount is Rs. 120000.
The allotment date of Riddhi Display IPO is 11 Dec 25.
The listing date of Riddhi Display IPO is 15 Dec 25.
Riddhi Display IPO is subscribed - times.
Riddhi Display IPO is priced at ₹95 - ₹100 per share.
Click the allotment link on Riddhi Display IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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- Money will remain blocked till the refund date
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