Riddhi Display Equipments IPO Details
The key details of Riddhi Display Equipments’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹24.68 Cr |
| Price Range | ₹95 - ₹100 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,40,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 71.43% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Riddhi Display Equipments IPO Timelines
The IPO process for Riddhi Display Equipments includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
Update soon
Start DateUpdate soon
End DateUpdate soon
Refund InitiationUpdate soon
Credit of Shares to Demat AcUpdate soon
Listing DateRiddhi Display Equipments IPO Lot Size
The Riddhi Display Equipments IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹100 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,40,000. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,60,000, while the maximum is 9,600 shares (8 lots) amounting to ₹9,60,000. Big HNI (B-HNI) investors need to apply for at least 10,800 shares (9 lots), totaling ₹10,80,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,40,000 |
| Retail Maximum | 2 | 2400 | ₹2,40,000 |
| S-HNI Minimum | 3 | 3600 | ₹3,60,000 |
| S-HNI Maximum | 8 | 9600 | ₹9,60,000 |
| B-HNI Minimum | 9 | 10800 | ₹10,80,000 |
Riddhi Display Equipments IPO Subscription Status
The subscription status for Riddhi Display Equipments IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Riddhi Display Equipments IPO Company Financials
Riddhi Display Equipments reports robust performance in FY2025 with Total Income of ₹25.09 crores, managing expenses at ₹19.46 crores, and achieving a strong PAT (Profit After Tax) of ₹4.14 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹17.54 | ₹17.32 | ₹0.21 |
| FY 2024 | ₹18.90 | ₹16.18 | ₹2.02 |
| FY 2025 | ₹25.09 | ₹19.46 | ₹4.14 |
| FY 2026 (4 M) | ₹11.23 | ₹8.56 | ₹2.00 |
About Company
Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the manufacturing and supply of innovative display solutions, including display counters, kitchen equipment, and refrigeration equipment. The company caters to a wide range of industries such as retail, advertising, and exhibitions, with a focus on delivering high-quality and cost-effective products. Its manufacturing facility is located in Gondal, Gujarat, where skilled technical engineers manage operations to ensure efficiency and quality across all production processes.
Riddhi Display Equipments operates through three key product verticals. The Display Counter segment is a major revenue contributor, serving restaurants, cafes, retail shops, and supermarkets. The Commercial Kitchen Equipment segment caters to hotels, restaurants, and hospitals, while the Commercial Refrigeration Equipment segment also supports similar industries. As of August 31, 2025, the company had 55 employees on its payroll, supporting its continued growth and operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2006 | Electricals | Shailesh Pipaliya |
Know Before Investing
Riddhi Display Equipments IPO Strengths
- Manufactures a wide variety of display counters, commercial kitchen equipment, and refrigeration equipment catering to the hospitality, bakery, and retail sectors.
- Has an effective marketing and sales network driving growth and customer acquisition across diverse industries.
- Offers tailored products and emphasizes after-sales services, building strong customer relationships and loyalty.
- Supplies products not only across India but also exports to countries like Dubai, Sri Lanka, Australia, and the UK, diversifying revenue streams.
- Established as a trusted supplier in the commercial display and kitchen equipment segment, valued for durability, aesthetics, and reliability.
Riddhi Display Equipments IPO Risks
- The company requires various approvals and licenses to operate, and failure to obtain or renew them timely could adversely affect business operations.
- Currently operates only one manufacturing unit; any disruption here could materially harm production, operations, and financial results.
- Revenue is highly dependent on a limited number of clients; loss or reduction in orders from key customers could significantly impact business and profitability.
- Top ten suppliers account for most purchases, raising risks if supplier relationships weaken or if supply is disrupted.
- Business is concentrated in Gujarat; any adverse regional developments could affect revenue generation and operational stability.
- Past delays in regulatory filings expose the company to potential penalties and could harm financial condition and reputation.
- Non-compliance with health, safety, labor, and environmental laws could result in legal issues and operational disruption.
Swot Analysis for Riddhi Display Equipments IPO
Strengths
Export Markets Presence, Strong Manufacturing Infrastructure, Diverse Product Portfolio
Weaknesses
Limited Marketing Reach, Relatively Low Technological Automation, Export Dependency Risks
Opportunities
Growth in Foodservice Industry, Digital Marketing & E-commerce, Eco-Friendly Product Lines
Threats
Competitive Market Landscape, Supply Chain Disruptions, Currency and Trade Barriers
Company 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/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Riddhi Display Equipments SME IPO are:
- 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/softw are 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
Jawa Capital Services Pvt. Ltd. is the book-running lead managers for the Riddhi Display Equipments IPO.
Riddhi Display Equipments IPO presents strong growth potential with FY25 revenue of ₹25.03 crore, EBITDA margin of 27.68%, and ROCE of 58.4% highlighting efficiency. Net profit of ₹4.14 crore reflects profitability while rising retail and foodservice demand along with customized solutions strengthen expansion prospects despite competition risks.
The issue price for the Riddhi Display Equipments IPO is set between ₹95 to ₹101 per share.
To invest in two lot of Riddhi Display Equipments IPO, you need ₹2,28,000 at the lower price band (₹95 per share) or ₹2,40,000 at the upper price band (₹101 per share) for a lot size of 2400 shares.
Riddhi Display Equipments IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on 2025.
Refund/unblocking of funds for Riddhi Display Equipments IPO will begin on 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Riddhi Display Equipments IPO shares on listing day (2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.