Riddhi Display Limited Link 
Allotment
Riddhi Display Equipments IPO is a book-built issue aggregating to ₹24.68 crore. The issue comprises entirely a fresh issue of 0.25 crore equity shares, amounting to ₹24.68 crore.
The IPO opened for subscription on December 8, 2025, and closed on December 10, 2025. The basis of allotment was finalized on December 11, 2025, and the equity shares are proposed to be listed on the BSE SME platform on December 15, 2025.
The price band for the IPO is fixed at ₹100 per share. The lot size is 1,200 shares, requiring retail investors to apply for a minimum of two lots (2,400 shares), translating into a minimum investment of ₹2,40,000 at the upper price band.
For High Net-worth Individuals (HNIs), the minimum application is three lots (3,600 shares), amounting to ₹3,60,000.
Jawa Capital Services Pvt. Ltd. is the Book Running Lead Manager to the issue, while Maashitla Securities Pvt. Ltd. has been appointed as the Registrar to the Issue. Prabhat Financial Services Ltd. acts as the Market Maker for the IPO.
Investors are advised to refer to the Riddhi Display Equipments IPO Red Herring Prospectus (RHP) for detailed information.
₹100
0%
Open
₹100
HIgh - Low
₹100
Previous Close
₹100
Total Traded Value
0
52 Weeks High
₹100
52 Weeks Low
₹100
Updates On
Dec 1, 2025
IPO. Open
Dec 8, 2026
IPO. Close
Dec 10, 2026
IPO. Price
₹100.00
IPO Market price
₹86.40 Cr
IPO Details
| IPO Date | 15 Dec |
| IPO Listing Date | 15 Dec |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹100.00 |
| IPO Issue Size | 24,68,400 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 61,71,589 shares |
IPO Timeline
| IPO Open Date | 8 Dec |
| IPO Close Date | 10 Dec |
| IPO Allotment (Tentative) | 11 Dec |
| Refunds | 12 Dec |
| Credit to Demat Account | 12 Dec |
| IPO Listing Date | 15 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 25,200 Shares |
| NII (HNI) Shares Offered | 11,55,600 Shares |
| Retail Shares Offered | 11,64,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 2,400 shares, and in multiples of 1,200 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,40,000 |
| Retail (Max) | 2 | 2,400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9,600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10,800 | ₹10,80,000 |
Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the manufacturing and supply of innovative display equipment solutions, including display counters, commercial kitchen equipment, and refrigeration equipment.
The company focuses on delivering high-quality products and services to cater to diverse industries such as retail, advertising, and exhibitions.
Its manufacturing facility in Gondal, Gujarat, is equipped to produce cost-efficient, high-quality products. Operations are managed by skilled technical engineers who optimize production processes to maximize efficiency and minimize costs.
Product Portfolio :
Display Counters: Used in restaurants, cafes, retail shops, supermarkets, and other establishments, contributing significantly to revenue.
Commercial Kitchen Equipment: Designed for hotels, restaurants, hospitals, and similar establishments, forming a key revenue vertical.
Commercial Refrigeration Equipment: Used in hotels, restaurants, hospitals, and other commercial settings, contributing meaningfully to income.
As of August 31, 2025, the company has a workforce of 55 employees on its payroll.
Company Financials (Consolidated)
| Assets | 36.63 | 32.34 | 19.15 |
| Total Income | 11.23 | 25.09 | 18.9 |
| Profit After Tax | 2 | 4.14 | 2.02 |
| EBITDA | 3.19 | 6.93 | 3.77 |
| NET Worth | 12.36 | 10.36 | 3.21 |
| Reserves and Surplus | 6.19 | 4.19 | 2.93 |
| Total Borrowing | 8.63 | 10.79 | 8.1 |
Key Performance Indicator (KPI)
| ROE | 63% |
| ROCE | 58% |
| Debt/Equity | 1.04 |
| RoNW | 39.94% |
| PAT Margin | 16.53% |
| EBITDA Margin | 27.68% |
| Price to Book Value | 6.08 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 9.74 |
| 3 | To meet out the General Corporate Purposes; | 3.42 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
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/
Detail Registrar
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
The Riddhi Display IPO was a ₹24.68 crore book-built SME issue, open from December 8–10, 2025, and listed on the BSE SME platform on December 15, 2025.
The IPO was priced at ₹100 per share with a lot size of 1,200 shares. Retail investors had to apply for a minimum of 2,400 shares, investing ₹2,40,000.
The IPO comprised entirely a fresh issue of 24.68 lakh equity shares, with proceeds allocated toward capacity expansion, working capital requirements, and general corporate purposes.
Riddhi Display manufactures display counters, commercial kitchen equipment, and refrigeration solutions, serving retail, hospitality, and commercial clients through its Gujarat-based manufacturing facility.
The company reported strong FY25 performance with 33% revenue growth and 105% PAT growth, supported by high margins, expansion plans, and efficient manufacturing operations.
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