Riddhi Display IPO Date, Review, Price, Allotment Details
The Riddhi Display Equipment IPO will open on December 8, 2025, and close on December 10, 2025. This is a Book Built Issue, through which the company plans to raise approximately ₹24.68 crores, comprising a fresh issue of ₹24.68 crores and an offer for sale of equity shares with a face value of ₹10 each.
The price band for the IPO is set between ₹95 and ₹100 per share. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The shares are scheduled to be listed on BSE SME on December 15, 2025, with the allotment finalized on December 11, 2025.
For FY2025, the company reported revenue of ₹25.09 crores, up from ₹18.90 crores in 2024, and profit of ₹4.14 crores, compared to ₹2.02 crores in 2024. Based on these financials, investors may consider applying to the IPO with a long-term investment perspective.
Riddhi Display IPO Details
IPO Open Date December 8, 2025 IPO Close Date December 10, 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 Issue Type Book Built Issue IPO Listing BSE SME DRHP Draft Prospectus 
RHP Draft Prospectus
Riddhi Display Equipments IPO Market Lot
The Riddhi Display Equipments IPO minimum market lot 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) 25,200 Shares 1.02% NII Shares Offered 11,55,600 Shares 46.82% Retail Shares Offered 11,64,000 Shares 47.16%
Riddhi Display IPO Dates
The Riddhi Display Equipment IPO opens on December 8 and closes on December 10. The allotment will be finalized on December 11, and the shares are scheduled to list on December 15.
IPO Open Date: December 8, 2025 IPO Close Date: December 10, 2025 Basis of Allotment: December 11, 2025 Refunds: December 12, 2025 Credit to Demat Account: December 12, 2025 IPO Listing Date: December 15, 2025 IPO Bidding Cut-off Time: December 10, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company 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 the purchase of new equipment/machinery for the setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh 4.97 Capital expenditure towards the purchase of new equipment/machinery/software etc., for the upgradation of the existing Manufacturing Unit of the Company located at Gondal, Rajkot 3.79 Capital expenditure towards setting up of Showroom at Gondal, Rajkot
1.42Funding working capital requirements 9.74 General Corporate Purpose –
About Riddhi Display Equipment's IPO
Riddhi Display Equipments Limited, established in 2006, specialises in manufacturing and supplying innovative display equipment solutions, including display counters, kitchen equipment, and refrigeration units. The company customises its products to meet each client’s specific requirements, designing layouts that optimise available space and functionality.
Between the financial years ending March 31, 2024, and March 31, 2025, the company recorded 33% revenue growth and a remarkable 105% increase in profit after tax (PAT).
The company’s key strengths include:
A strong and effective marketing team
A wide range of display counters, commercial kitchen equipment, and refrigeration units
Well-established manufacturing facilities
Experienced promoters and a skilled technical team
These factors position Riddhi Display Equipments as a reliable and innovative player in its industry.
Riddhi Display Equipment IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹17.54 ₹17.32 ₹0.21 ₹17.01 2024 ₹18.90 ₹16.18 ₹2.02 ₹19.15 2025 ₹25.09 ₹19.46 ₹4.14 ₹32.34 July 2025 ₹11.23 ₹8.56 ₹2.00 ₹36.63
Riddhi Display Equipment IPO Valuation – FY2025
Check Riddhi Display Equipment's IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 62.87% ROCE: 58.40% EBITDA Margin: 27.68% PAT Margin: 16.53% Debt to equity ratio: – Earning Per Share (EPS): ₹6.84 (Basic) Price/Earnings P/E Ratio: N/A Return on Net Worth (RoNW): 39.94% Net Asset Value (NAV): ₹16.45
IPO Lead Managers aka Merchant Bankers
- Jawa Capital Services Pvt.Ltd.
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/
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues