Riddhi Display Equipments Limited IPO
Riddhi Display Equipments Limited IPO
Price Band
₹95 - ₹100
Total Issue
₹24.68 Cr
Bid Dates
08 Dec - 10 Dec
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 2,400 | ₹2,40,000 |
| Individual (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 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 13 Dec | ₹0 (0%) | ₹100 |
| 12 Dec | ₹0 (0%) | ₹100 |
| 11 Dec | ₹0 (0%) | ₹100 |
| 10 Dec | ₹0 (0%) | ₹100 |
| 09 Dec | ₹24 (24%) | ₹124 |
Riddhi Display IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
99.99%
Public
0.01%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | -0.10x | 11,89,200 | -1,23,600 |
Frequently Asked Questions
What is Riddhi Display IPO?
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When is the allotment of Riddhi Display IPO?
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How to check allotment status of Riddhi Display IPO?
How to apply Riddhi Display IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Riddhi Display IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Riddhi Display IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Riddhi Display IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date