Comparison between Chiraharit IPO and Riddhi Display Equipments IPO.
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.
| Chiraharit IPO | Riddhi Display Equipments IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Jawa Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Anant Securities | Prabhat Financial Services Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
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 IPO | Riddhi 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 Size | 6000 shares | 1200 shares |
| Fresh Issue Size | 1,40,52,000 shares | 23,44,800 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹23.45 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,40,52,000 shares | 23,44,800 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹23.45 Cr |
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.
| Chiraharit IPO | Riddhi Display Equipments IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2025 | Dec 08, 2025 |
| Issue Close | Oct 03, 2025 | Dec 10, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Dec 11, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Dec 12, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Dec 12, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Dec 15, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Chiraharit IPO P/E ratio is 13.95, as compared to Riddhi Display Equipments IPO P/E ratio of 14.91.
| Chiraharit IPO | Riddhi 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.
| 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.
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| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 71.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 14.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹86.40 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 62.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 58.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 1.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹6.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 39.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Riddhi Display Equipments IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 7,44,000 shares | 1,23,600 shares |
| QIB | 0 shares | 25,200 shares |
| NII | 70,26,000 shares | 11,55,600 shares |
| RII | 70,26,000 shares | 11,64,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 1,40,52,000 shares | 23,44,800 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Riddhi Display Equipments IPO subscribed 4.91x.
| Chiraharit IPO | Riddhi Display Equipments IPO | |
|---|---|---|
| QIB (times) | 2.19x | |
| NII (times) | 0.73x | 1.92x |
| Big NII (times) | 1.59x | |
| Small NII (times) | 2.57x | |
| RII (times) | 3.03x | 7.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 4.91x |