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Riddhi Display Equipments Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Jawa Capital Services Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Riddhi Display Equipments IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 61,71,589 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jan 17, 2025 |
| Offer document withdrawn | Tue, Feb 4, 2025 |
| Filed with SEBI/Exchange | Thu, Mar 27, 2025 |
| SEBI/Exchange approval received | Tue, Jul 15, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the business of manufacturing and supply of innovative solutions in the field of display equipment like Display Counter, Kitchen Equipments and Refrigeration Equipments.
The company focuses on offering high-quality products and services that meet the diverse needs of industries such as retail, advertising, and exhibitions.
The company’s manufacturing facility in Gondal, Gujarat, is equipped to produce high-quality, cost-efficient products. Skilled technical engineers manage operations, optimizing production processes to maximize yield and minimize costs.
Product Portfolio:
As of March 27, 2025, the company has 49 employees on its payroll.
Competitve Strengths:
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 25.51 | 19.15 | 17.01 | 15.15 |
| Total Income | 15.64 | 18.9 | 17.54 | 15.37 |
| Profit After Tax | 2.61 | 2.02 | 0.21 | -0.14 |
| Net Worth | 8.52 | 3.21 | 1.17 | 1.15 |
| Reserves and Surplus | 2.59 | 2.93 | 0.91 | 0.7 |
| Amount in ₹ Crore | ||||
| KPI | Values |
|---|---|
| ROE | 92.03% |
| ROCE | 57.15% |
| Debt/Equity | 2.40 |
| RoNW | 59.73% |
| PAT Margin | 10.69% |
The Company Riddhi Display IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh | 49.65 |
| 2 | Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot | 37.91 |
| 3 | Capital expenditure towards setting up of Showroom at Gondal, Rajkot | 14.27 |
| 4 | Funding working capital requirements | 97.37 |
| 5 | General Corporate Purpose |
Riddhi Display Equipments Ltd.
Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Rajkot, Gondal, 360311
Rajkot, Gujarat, 360311
Phone: +91 - 98250 727
Email: info@riddhidisplay.com
Website: https://riddhidisplay.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Riddhi Display Equipments IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Riddhi Display Equipments IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Riddhi Display Equipments IPO using UPI as a payment gateway. Zerodha customers can apply in Riddhi Display Equipments IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Riddhi Display Equipments IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Riddhi Display Equipments IPO dates are not announced. Please check back again after some time.
Riddhi Display Equipments IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Riddhi Display Equipments IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Riddhi Display Equipments IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Riddhi Display Equipments IPO allotment status.
The Riddhi Display Equipments IPO listing date is not yet announced. The tentative date of Riddhi Display Equipments IPO listing is [.].
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