Riddhi Display Equipments IPO Date, Review, Price, Allotment Details
The Riddhi Display Equipment IPO will open on September 24, 2025, and close on September 26, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹24.68 crores, entirely via a fresh issue, along with an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The IPO has a price band of ₹95–₹100 per share, with allocations of 35% for retail investors, 50% for QIBs, and 15% for HNIs. The shares are scheduled to be listed on BSE SME on October 1, 2025, with the allotment expected on September 29, 2025.
Financially, Riddhi Display Equipments reported a revenue of ₹18.9 crores in 2024, up from ₹17.54 crores in 2023, and a profit of ₹2.02 crores in 2024, compared to ₹0.21 crores in 2023. Given this growth, the IPO appears favorable for long-term investors.
Riddhi Display Equipment IPO Details
IPO Open Date September 24, 2025 IPO Close Date September 26, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹95 to ₹100 Per Share Issue Size Approx ₹24.68 Crores Fresh Issue Approx ₹24.68 Crores Offer for Sale: Approx [.] Equity Shares Issue Type Book Built Issue IPO Listing BSE SME DRHP Draft Prospectus 
Riddhi Display Equipment IPO Market Lot
The minimum lot size for the Riddhi Display Equipment IPO is 2,400 shares, requiring an application amount of ₹2,40,000.
Application Lot Size Shares Amount Retail Minimum 2 2,400 ₹2,40,000 Retail Maximum 2 2,400 ₹2,40,000 S-HNI Minimum 3 3,600 ₹3,60,000 S-HNI Maximum 8 9,600 ₹9,60,000 B-HNI Minimum 9 10,800 ₹10,80,000
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor – Shares -% QIB (Ex. Anchor) – Shares 50% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 35%
Riddhi Display Equipment's IPO Anchor Investors
Anchor Bidding Date 2025 Anchor Investors List Shares Offered – Shares Anchor Size -Cr. lock-in period end date 50% shares (30 Days) 2025 lock-in period end date 50% shares (90 Days) December 17, 2025
Riddhi Display Equipment IPO Dates
The Riddhi Display Equipment IPO will open on September 24, 2025, and close on September 26, 2025. The allotment is expected on September 29, 2025, with the shares scheduled to be listed on BSE SME on October 1, 2025.
IPO Open Date: September 24, 2025 IPO Close Date: September 26, 2025 Basis of Allotment: September 29, 2025 Refunds: September 30, 2025 Credit to Demat Account: September 30, 2025 IPO Listing Date: October 1, 2025 IPO Bidding Cut-off Time: September 26, 2025 – 5 PM
Promoters and Holding Pattern
The company’s promoters are Mr. Shailehsbhai Ratibhai Pipaliya, Mrs. Hansaben Shailehsbhai Pipaliya, and Mr. Jay Shailehskumar Pipaliya.
Particular Shares % Share Promoter Holding Pre Issue 61,71,589 99.99% Promoter Holding Post Issue 86,39,989 71.42%
Objects of the Issue & Utilisation of proceeds
Purpose Crores % Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh 4.97 – Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot 3.79 – Capital expenditure towards setting up of Showroom at Gondal, Rajkot
1.42– Funding working capital requirements 9.74 – General Corporate Purpose – –
About Riddhi Display Equipments IPO
To be updated soon
Riddhi Display Equipments IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2022 ₹15.37 ₹15.43 ₹0.14 ₹15.15 2023 ₹17.54 ₹17.32 ₹0.21 ₹17.01 2024 ₹18.9 ₹16.18 ₹2.02 ₹19.15 October 2024 ₹15.64 ₹12.15 ₹2.61 ₹25.51
Riddhi Display Equipments IPO Valuation – FY2025
Check Riddhi Display Equipments IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 92.03% ROCE: 57.15% EBITDA Margin: 19.49% PAT Margin: 10.69% Debt to equity ratio: 0.01 Earning Per Share (EPS): ₹7.56 (Basic) Price/Earning P/E Ratio: N/A Return on Net Worth (RoNW): 29.82% Net Asset Value (NAV): ₹14.78
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Ice Make Refrigeration Limited 16.87 42.74 24.54% 68.72 –
IPO Lead Managers aka Merchant Bankers
- Jawa Capital Services Pvt.Ltd.
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Company Address
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/