Riddhi Display Equipments Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 25,200 (1%) | — | ₹3 Cr |
| NII (HNI) | — | 1,155,600 (47%) | — | ₹1,156 Cr |
| Retail | — | 1,164,000 (47%) | — | ₹1,164 Cr |
| Market Maker | — | 123,600 (5%) | — | ₹12 Cr |
| Σ Total | — | 2,468,400 (100%) | — | ₹24,684 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 11 | 25 | 19 |
| EBITDA | 3 | 7 | 4 |
| Profit After Tax | 2 | 4 | 2 |
| Net Worth | 12 | 10 | 3 |
| Total Assets | 37 | 32 | 19 |
| Reserves & Surplus | 6 | 4 | 3 |
| Total Borrowing | 9 | 11 | 8 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh – 4.965
- Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot – 3.791
- Capital expenditure towards setting up of Showroom at Gondal, Rajkot – 1.427
- Funding working capital requirements – 9.737
- General Corporate Purpose –
Company Overview
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:
- Display Counter: The company’s Display Counter vertical contributes significantly to income, used for restaurants, cafes, retail shops, supermarkets, and more.
- Commercial Kitchen Equipment: The company’s Commercial Kitchen Equipment vertical contributes significantly to income, used in hotels, restaurants, hospitals, and more.
- Commercial Refrigeration Equipments: The company’s Commercial Refrigeration Equipment vertical contributes to income, used in hotels, restaurants, hospitals, and more.
As on August 31, 2025, the company has 55 employees on its payroll.
Competitve Strengths:
- Experienced Promoters and qualified technical team
- Consistent delivery of quality products
- Providing customized solutions with a focus on after sales service
- Well established manufacturing facilities
- Strong marketing Team
- Catering to clients from diverse sectors and industries