Apollo Techno Industries IPO vs Riddhi Display Equipments IPO

Comparison between Apollo Techno Industries IPO and Riddhi Display Equipments IPO.

IPO Details

Apollo Techno Industries 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 Apollo Techno Industries IPO is up to ₹45.55 Cr whereas the issue size of the Riddhi Display Equipments IPO is up to ₹23.45 Cr. The final issue price of Apollo Techno Industries IPO is ₹130.00 per share and of Riddhi Display Equipments IPO is ₹100.00 per share.

 Apollo Techno Industries IPORiddhi Display Equipments IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share₹95.00 per share
Issue Price (Upper)₹130.00 per share₹100.00 per share
Issue Price (Final)₹130.00 per share₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size35,04,000 shares23,44,800 shares
Fresh Issue Size (Amount)up to ₹45.55 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 Total35,04,000 shares23,44,800 shares
Issue Size Total (Amount)up to ₹45.55 Crup to ₹23.45 Cr

IPO Timetable

Apollo Techno Industries IPO opens on Dec 23, 2025, while Riddhi Display Equipments IPO opens on Dec 08, 2025. The closing date of Apollo Techno Industries IPO and Riddhi Display Equipments IPO is Dec 26, 2025, and Dec 10, 2025, respectively.

 Apollo Techno Industries IPORiddhi Display Equipments IPO
Anchor Bid DateDec 22, 2025
Issue OpenDec 23, 2025Dec 08, 2025
Issue CloseDec 26, 2025Dec 10, 2025
Basis Of Allotment (Tentative)Dec 29, 2025Dec 11, 2025
Initiation of Refunds (Tentative)Dec 30, 2025Dec 12, 2025
Credit of Share (Tentative)Dec 30, 2025Dec 12, 2025
Listing date (Tentative)Dec 31, 2025Dec 15, 2025
Anchor Lockin End date 1Jan 27, 2026
Anchor Lockin End date 2Mar 28, 2026

Financials & KPIs

Apollo Techno Industries IPO P/E ratio is 9.43, as compared to Riddhi Display Equipments IPO P/E ratio of 14.91.

 Apollo Techno Industries IPORiddhi Display Equipments IPO
Financials

Company Financials (Restated Consolidated)

Apollo Techno Industries Ltd.'s revenue increased by 44% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.0676.2567.0365.09
Total Income24.6799.6669.2872.57
Profit After Tax1.0813.793.230.90
EBITDA2.0718.157.652.97
NET Worth26.3825.3211.578.21
Reserves and Surplus16.3815.329.075.71
Total Borrowing30.5731.7543.2943.97
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)73.0571.43
P/E Ratio9.4314.91
Market Cap₹177.96 Cr.₹86.40 Cr.
ROE74.7562.87
ROCE30.9858.40
Debt/Equity3.741.04
EPS₹13.79₹6.71
RoNW54.4539.94

Shares Offered

In the Apollo Techno Industries IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in Riddhi Display Equipments IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,00,000 shares in Apollo Techno Industries IPO and 25,200 shares in Riddhi Display Equipments IPO.

 Apollo Techno Industries IPORiddhi Display Equipments IPO
Anchor Investor Reservation10,50,000 shares0 shares
Market Maker Reservation1,85,000 shares1,23,600 shares
QIB7,00,000 shares25,200 shares
NII5,26,000 shares11,55,600 shares
RII12,28,000 shares11,64,000 shares
Employee0 shares0 shares
Others
Total35,04,000 shares23,44,800 shares

Bids Received (Subscription)

Apollo Techno Industries IPO subscribed 50.63x in total, whereas Riddhi Display Equipments IPO subscribed 4.91x.

 Apollo Techno Industries IPORiddhi Display Equipments IPO
QIB (times)25.26x2.19x
NII (times)98.00x1.92x
Big NII (times)114.82x1.59x
Small NII (times)64.27x2.57x
RII (times)44.81x7.95x
Employee (times)
Other (times)
Total (times)50.63x4.91x

Compare with others

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Apollo Techno Industries IPO Vs Riddhi Display Equipments IPO