Riddhi Display Equipments
September 24, 2025 – September 26, 2025
| Price | ₹95 - ₹100 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Sep 29, 2025 |
| Listing | Oct 1, 2025 |
Riddhi Display Equipments Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 240000 | 485 |
| sHNI | 3 | 3600 | 360000 | 107 |
| bHNI | 9 | 10800 | 1080000 | 214 |
Riddhi Display Equipments Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 25200 | 1.02% |
| HNI | 1155600 | 46.82% |
| INDIVIDUAL | 1164000 | 47.16% |
| Market Maker | 123600 | 5.01% |
| Total | 2468400 | 100% |
Riddhi Display Equipments About
IPO Details
| Total Issue Size | 24,68,400 shares (aggregating up to 24.68 Cr) |
| Fresh Issue | 24,68,400 shares (aggregating up to 24.68 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 61,71,589 shares |
| Share Holding Post Issue | 86,39,989 shares |
| Reserved for Market Maker | 1,23,600 shares (aggregating up to 1.24 Cr) |
| Market Maker | Aftertrade Broking Pvt.Ltd. |
Riddhi Display IPO Reservation
| 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 |
Key Performance Indicator (KPI)
| KPI | Jul-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 18.03% | 62.87% | 92.03% |
| ROCE | 17.50% | 58.40% | 56.15% |
| EPS (basic) | 9.72 | 6.84 | 3.43 |
| P/E Pre IPO | 14.91 | ||
| P/E Post IPO | 14.4 |
Financial Details In Crores
| Period Ended | Jul-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 36.63 | 32.34 | 19.15 | 17.01 |
| Total Income | 11.23 | 25.09 | 18.9 | 17.54 |
| Profit After Tax | 2 | 4.14 | 2.02 | 0.21 |
| EBITDA | 3.19 | 6.93 | 3.77 | 1.08 |
| NET Worth | 12.36 | 10.36 | 3.21 | 1.17 |
| Reserves and Surplus | 6.19 | 4.19 | 2.93 | 0.91 |
Company Overview
Incorporated: 2006
Business: Manufacturing & supply of display counters, commercial kitchen equipment, and refrigeration equipment
Industries Served: Retail, restaurants, cafes, supermarkets, hotels, hospitals, advertising & exhibitions
Manufacturing Facility: Gondal, Gujarat – equipped for cost-efficient, high-quality production
Employees (as of Aug 31, 2025): 55
IPO Objects:
New Manufacturing-cum-Assembly Unit at Lucknow – ₹49.65 mn
Upgradation of Gondal Unit – ₹37.91 mn
New Showroom at Gondal – ₹14.27 mn
Working Capital – ₹97.37 mn
Strength
Experienced Leadership & Skilled Team – Promoters with industry expertise and qualified engineers managing operations.
Diverse Product Portfolio – Wide range of display, kitchen, and refrigeration equipment catering to multiple industries.
Focus on Customization & After-Sales Service – Ability to deliver tailored solutions with strong customer support.
Weakness
Audit/Compliance Risk – Restated financials signed under the same UDIN and date for multiple periods may raise credibility and compliance concerns.
Regulatory & Licensing Risk – Business depends on timely approvals and licenses; failure to obtain/renew could disrupt operations.
Lease Dependency Risk – Proposed Lucknow manufacturing-cum-assembly unit is on leased premises, creating long-term operational uncertainty.
Riddhi Display Equipments Lead Manager(s)
Riddhi Display Equipments Address
Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Gondal
Rajkot, Gujarat, 360311
Phone: +91 98250 72799
Email: info@riddhidisplay.com
Website: https://riddhidisplay.com/
Riddhi Display Equipments Registrar
Riddhi Display Equipments Reviewers
| Reviewer | Recommendation | File |
|---|