Riddhi Display Equipments Limited IPO
Riddhi Display Equipments Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹95 - ₹100

Total Issue

₹25 Cr

Bid Dates

08 Dec - 10 Dec

Subscription

0.00x

Listing Price

₹59.25 (-40.75%)

Website RHP Check Allotment

Valuation

Market Cap

₹86.40 Cr

P/E Ratio

14.62x

P/B Ratio

6.08x

Riddhi Display IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Riddhi Display IPO Lot Size

Lot Information for Riddhi Display IPO
Category Lots Shares Amount
Ind (Min) 2 2,400 ₹2,40,000
Ind (Max) 2 2,400 ₹2,40,000
S-HNI (Min) 3 3,600 ₹3,60,000
S-HNI (Max) 8 9,600 ₹9,60,000
B-HNI (Min) 9 10,800 ₹10,80,000
Allocate Funds
Market Maker
123600 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Riddhi Display IPO Size

Total ₹25 Cr
Fresh Issue
₹25 Cr (0.25 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Capex towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, UP
  2. Capex towards purchase of new equipment/machineries/software 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

Riddhi Display IPO Live Subscription

Updated as on Last updated time: N/A

Riddhi Display IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 0.00x 25,200 0
Individual 0.00x 11,64,000 0
Total 0.00x 11,89,200 0

Riddhi Display IPO Details Live GMP

GMP ₹0
Est. Price ₹100
Est. Gain 0.00%

Riddhi Display IPO Peer Comparison

(Rs. in crores)

Riddhi Display IPO Peer Comparison Table
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 Financial Performance

(Rs. in crores)

Financial Performance Metrics for Riddhi Display IPO
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

Key Performance Indicators (KPIs)

EBITDA

27.68%

PAT

16.53%

ROE

62.87%

ROCE

58.40%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.99%

Public

0.01%

Shaileshbhai Pipaliya 45.21%
Hansaben Pipaliya 49.40%
Others 5.38%

Management

Shaileshbhai Pipaliya
Chairman & MD
Vandankumar Dave
CFO

Registrar & Lead Managers

Registrar

Maashitla Securities

Lead Managers (1)

Jawa Capital

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

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Frequently Asked Questions (FAQs)

What is Riddhi Display IPO?
Riddhi Display IPO is a SME IPO having an issue size of ₹25 Crs. Riddhi Display IPO is priced at ₹95 - ₹100 per share. The issue opens on 08 Dec 25 and closes on 10 Dec 25.
When will Riddhi Display IPO open?
Riddhi Display IPO opens on 08 Dec 25 and closes on 10 Dec 25.
What is the GMP of Riddhi Display IPO?
The estimated Grey Market Premium of Riddhi Display IPO is ₹0 per share (0.00%).
What is the lot size of Riddhi Display IPO?
The minimum lot size of Riddhi Display IPO is 1200 shares & the minimum application amount is Rs. 120000.
When is the allotment of Riddhi Display IPO?
The allotment date of Riddhi Display IPO is 11 Dec 25.
What is the listing date of Riddhi Display IPO?
The listing date of Riddhi Display IPO is 15 Dec 25.
What is the subscription of Riddhi Display IPO?
Riddhi Display IPO is subscribed - times.
What is the price band of Riddhi Display IPO?
Riddhi Display IPO is priced at ₹95 - ₹100 per share.
How to check allotment status of Riddhi Display IPO?
Click the allotment link on Riddhi Display IPO page of IPO360.
How to apply Riddhi Display IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Riddhi Display IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Riddhi Display IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Riddhi Display IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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