Riddhi Display Equipments IPO vs Shyam Dhani Industries IPO

Comparison between Riddhi Display Equipments IPO and Shyam Dhani Industries IPO.

IPO Details

Riddhi Display Equipments IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shyam Dhani Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Riddhi Display Equipments IPO is up to ₹23.45 Cr whereas the issue size of the Shyam Dhani Industries IPO is up to ₹36.53 Cr. The final issue price of Riddhi Display Equipments IPO is ₹100.00 per share and of Shyam Dhani Industries IPO is ₹70.00 per share.

 Riddhi Display Equipments IPOShyam Dhani Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹65.00 per share
Issue Price (Upper)₹100.00 per share₹70.00 per share
Issue Price (Final)₹100.00 per share₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size23,44,800 shares52,18,000 shares
Fresh Issue Size (Amount)up to ₹23.45 Crup to ₹36.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,44,800 shares52,18,000 shares
Issue Size Total (Amount)up to ₹23.45 Crup to ₹36.53 Cr

IPO Timetable

Riddhi Display Equipments IPO opens on Dec 08, 2025, while Shyam Dhani Industries IPO opens on Dec 22, 2025. The closing date of Riddhi Display Equipments IPO and Shyam Dhani Industries IPO is Dec 10, 2025, and Dec 24, 2025, respectively.

 Riddhi Display Equipments IPOShyam Dhani Industries IPO
Anchor Bid DateDec 19, 2025
Issue OpenDec 08, 2025Dec 22, 2025
Issue CloseDec 10, 2025Dec 24, 2025
Basis Of Allotment (Tentative)Dec 11, 2025Dec 26, 2025
Initiation of Refunds (Tentative)Dec 12, 2025Dec 29, 2025
Credit of Share (Tentative)Dec 12, 2025Dec 29, 2025
Listing date (Tentative)Dec 15, 2025Dec 30, 2025
Anchor Lockin End date 1Jan 24, 2026
Anchor Lockin End date 2Mar 25, 2026

Financials & KPIs

Riddhi Display Equipments IPO P/E ratio is 14.91, as compared to Shyam Dhani Industries IPO P/E ratio of 13.19.

 Riddhi Display Equipments IPOShyam Dhani Industries IPO
Financials

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

Company Financials (Restated Consolidated)

Shyam Dhani Industries Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets88.7982.4752.8427.51
Total Income63.83124.75107.6468.10
Profit After Tax4.208.046.302.92
EBITDA8.6614.5210.885.97
NET Worth27.8123.6115.569.26
Reserves and Surplus12.938.7314.428.12
Total Borrowing48.1847.2424.4512.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9998.11
Promoter Shareholding (Post-Issue)71.4372
P/E Ratio14.9113.19
Market Cap₹86.40 Cr.₹144.59 Cr.
ROE62.8741.06
ROCE58.4039.00
Debt/Equity1.042.00
EPS₹6.71₹5.31
RoNW39.9434.07

Shares Offered

In the Riddhi Display Equipments IPO Retail Individual Investors (RII) are offered 11,64,000 shares while in Shyam Dhani Industries IPO retail investors are offered 11,64,000 shares. Qualified Institutional Buyers (QIB) are offered 25,200 shares in Riddhi Display Equipments IPO and 10,44,000 shares in Shyam Dhani Industries IPO.

 Riddhi Display Equipments IPOShyam Dhani Industries IPO
Anchor Investor Reservation0 shares15,60,000 shares
Market Maker Reservation1,23,600 shares2,80,000 shares
QIB25,200 shares10,44,000 shares
NII11,55,600 shares7,86,000 shares
RII11,64,000 shares18,28,000 shares
Employee0 shares0 shares
Others
Total23,44,800 shares52,18,000 shares

Bids Received (Subscription)

Riddhi Display Equipments IPO subscribed 4.91x in total, whereas Shyam Dhani Industries IPO subscribed 988.29x.

 Riddhi Display Equipments IPOShyam Dhani Industries IPO
QIB (times)2.19x256.24x
NII (times)1.92x1,612.65x
Big NII (times)1.59x1,849.56x
Small NII (times)2.57x1,138.83x
RII (times)7.95x1,137.92x
Employee (times)
Other (times)
Total (times)4.91x988.29x

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Riddhi Display Equipments IPO Vs Shyam Dhani Industries IPO