Neptune Petrochemicals IPO vs Riddhi Display Equipments IPO

Comparison between Neptune Petrochemicals IPO and Riddhi Display Equipments IPO.

IPO Details

Neptune Petrochemicals IPO is a SME Bookbuilding IPO proposed to list at NSE 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 Neptune Petrochemicals IPO is up to ₹69.54 Cr whereas the issue size of the Riddhi Display Equipments IPO is up to ₹23.45 Cr. The final issue price of Neptune Petrochemicals IPO is ₹122.00 per share and of Riddhi Display Equipments IPO is ₹100.00 per share.

 Neptune Petrochemicals IPORiddhi Display Equipments IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share₹95.00 per share
Issue Price (Upper)₹122.00 per share₹100.00 per share
Issue Price (Final)₹122.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size57,00,000 shares23,44,800 shares
Fresh Issue Size (Amount)up to ₹69.54 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 Total57,00,000 shares23,44,800 shares
Issue Size Total (Amount)up to ₹69.54 Crup to ₹23.45 Cr

IPO Timetable

Neptune Petrochemicals IPO opens on May 28, 2025, while Riddhi Display Equipments IPO opens on Dec 08, 2025. The closing date of Neptune Petrochemicals IPO and Riddhi Display Equipments IPO is May 30, 2025, and Dec 10, 2025, respectively.

 Neptune Petrochemicals IPORiddhi Display Equipments IPO
Anchor Bid DateMay 27, 2025
Issue OpenMay 28, 2025Dec 08, 2025
Issue CloseMay 30, 2025Dec 10, 2025
Basis Of Allotment (Tentative)Jun 02, 2025Dec 11, 2025
Initiation of Refunds (Tentative)Jun 03, 2025Dec 12, 2025
Credit of Share (Tentative)Jun 03, 2025Dec 12, 2025
Listing date (Tentative)Jun 04, 2025Dec 15, 2025
Anchor Lockin End date 1Jul 01, 2025
Anchor Lockin End date 2Aug 30, 2025

Financials & KPIs

Neptune Petrochemicals IPO P/E ratio is 8.79, as compared to Riddhi Display Equipments IPO P/E ratio of 14.91.

 Neptune Petrochemicals IPORiddhi Display Equipments IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets117.00120.95107.8897.51
Total Income620.16675.97709.3182.16
Profit After Tax19.4720.8210.390.68
NET Worth61.2331.9011.080.69
Reserves and Surplus44.5731.8911.070.68
Total Borrowing0.165.12
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)94.399.99
Promoter Shareholding (Post-Issue)70.371.43
P/E Ratio8.7914.91
Market Cap₹276.37 Cr.₹86.40 Cr.
ROE65.0062.87
ROCE65.0058.40
Debt/Equity1.04
EPS₹13.87₹6.71
RoNW65.2539.94

Shares Offered

In the Neptune Petrochemicals IPO Retail Individual Investors (RII) are offered 19,96,000 shares while in Riddhi Display Equipments IPO retail investors are offered 19,96,000 shares. Qualified Institutional Buyers (QIB) are offered 11,40,000 shares in Neptune Petrochemicals IPO and 25,200 shares in Riddhi Display Equipments IPO.

 Neptune Petrochemicals IPORiddhi Display Equipments IPO
Anchor Investor Reservation17,09,000 shares0 shares
Market Maker Reservation3,00,000 shares1,23,600 shares
QIB11,40,000 shares25,200 shares
NII8,55,000 shares11,55,600 shares
RII19,96,000 shares11,64,000 shares
Employee0 shares0 shares
Others
Total57,00,000 shares23,44,800 shares

Bids Received (Subscription)

Neptune Petrochemicals IPO subscribed 4.11x in total, whereas Riddhi Display Equipments IPO subscribed 4.91x.

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