Chiraharit IPO vs Riddhi Display Equipments IPO

Comparison between Chiraharit IPO and Riddhi Display Equipments IPO.

IPO Details

Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Riddhi Display Equipments IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Riddhi Display Equipments IPO is up to ₹23.45 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Riddhi Display Equipments IPO is ₹100.00 per share.

 Chiraharit IPORiddhi Display Equipments IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹21.00 per share₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size6000 shares1200 shares
Fresh Issue Size1,40,52,000 shares23,44,800 shares
Fresh Issue Size (Amount)up to ₹29.51 Crup to ₹23.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,40,52,000 shares23,44,800 shares
Issue Size Total (Amount)up to ₹29.51 Crup to ₹23.45 Cr

IPO Timetable

Chiraharit IPO opens on Sep 29, 2025, while Riddhi Display Equipments IPO opens on Dec 08, 2025. The closing date of Chiraharit IPO and Riddhi Display Equipments IPO is Oct 03, 2025, and Dec 10, 2025, respectively.

Financials & KPIs

Chiraharit IPO P/E ratio is 13.95, as compared to Riddhi Display Equipments IPO P/E ratio of 14.91.

 Chiraharit IPORiddhi Display Equipments IPO
Financials

Company Financials (Restated Consolidated)

Chiraharit Ltd.'s revenue increased by 96% and profit after tax (PAT) rose by 898% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets40.5825.7722.71
Total Income59.8030.5733.03
Profit After Tax6.020.600.42
EBITDA9.762.361.69
NET Worth9.573.312.57
Reserves and Surplus5.573.062.32
Total Borrowing20.2216.3015.92
Amount in ₹ Crore

Company Financials (Restated)

Riddhi Display Equipments Ltd.'s revenue increased by 33% and profit after tax (PAT) rose by 105% between the financial year ending with March 31, 2025 and March 31, 2024.

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
Promoter Shareholding (Pre-Issue)10099.99
Promoter Shareholding (Post-Issue)7371.43
P/E Ratio13.9514.91
Market Cap₹115.07 Cr.₹86.40 Cr.
ROE62.9162.87
ROCE32.2958.40
Debt/Equity2.111.04
EPS₹1.51₹6.71
RoNW62.9139.94

Shares Offered

In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Riddhi Display Equipments IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 25,200 shares in Riddhi Display Equipments IPO.

 Chiraharit IPORiddhi Display Equipments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation7,44,000 shares1,23,600 shares
QIB0 shares25,200 shares
NII70,26,000 shares11,55,600 shares
RII70,26,000 shares11,64,000 shares
Employee0 shares0 shares
Others
Total1,40,52,000 shares23,44,800 shares

Bids Received (Subscription)

Chiraharit IPO subscribed 1.88x in total, whereas Riddhi Display Equipments IPO subscribed 4.91x.

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