Riddhi Display Equipments IPO Will Open On Sep 24, 2025 And Close On Sep 26, 2025. The ₹24.68 Cr. IPO Is A Fresh Offer. Riddhi Display Equipments IPO Price Band is Set At ₹95 to ₹100 Per share.
The Allotment Will Be Finalized On Sep 29, 2025 and Listing date is Expected on The BSE SME By Cot 01, 2025. Investor Quota like 50.00% QIB, and 35.00% Retail 15.00 HNI is Category.
Financial Year 2025 Company Posted a Revenue of ₹25.09 Cr. and A Net Profit of ₹4.14 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Riddhi Display Equipments IPO Dates & Price Band Details
| Open Date | Sep 24, 2025 |
|---|---|
| Close Date | Sep 26, 2025 |
| Price Band | ₹95 to ₹100 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 1,200 Shares |
| Minimum Investment Investment Planning Tools | ₹1,20,000 Lakhs (for 1 lot at ₹100) |
| Type of Issue | Fresh Issue |
| Total Issue Size | 24,68,400 shares (Approx ₹24.68 Cr) |
| Market Maker | 1,23,600 shares (Approx ₹1.24 Cr) |
| Net Issue to the Public | 23,44,800 shares (Approx ₹23.45 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing Exchange | BSE SME |
| Market Maker | 5.01% |
| Retail Investor Quota | 35.00% |
| QIB Quota | 50.00% |
| NII (HNI) Quota | 15.00% |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Riddhi Display Equipments Limited
Our Company was originally incorporated on January 12, 2006 “Riddhi Display Equipments Limited” engaged in the business of manufacturing and supply of Display Counter, Kitchen Equipments and Refrigeration Equipments.
Our Company is primarily engaged in creating innovative and tailormade solutions for commercial kitchen and bakery setup requirements. Our Company offers customized display equipment for Sweet, Bakery, Namkeen, Fast-food, Chat, Dry Fruit, Snacks, Panipuri (Gol Gappa), Sweet Corn, Ice-cream and Shrikhand.
The products manufacture by us are supplied to Restaurants, Food Courts, Cafes, Retail Shops, Super Markets, Ice Cream Parlours, Cake & Pastry Shops, etc.
the products manufactured by our Company can be classified under following business verticals, viz.:
1. Display Counters : Under this vertical our Company manufactures and supplies various display counters. The product portfolio under this vertical consists of Bakery Display Counter, Chat Display Counter, Fast Food Display Counter, Ice cream Display Counter, Namkeen Display Counter, Restaurant Display Counter, Sweet Display Counter and Refrigerated Display Counters.
2. Commercial Kitchen Equipments : Under this vertical our Company manufactures and supplies commercial kitchen equipments. The product portfolio under this vertical consists of Bulk & Canteen Equipment, Catering & Fast-food Equipment, Cooking Range, Dish wash & Pot wash Equipment, Exhaust Hood, Preparation & Bakery Equipment, Trading items, Work Table and Trolly.
3. Commercial Refrigeration Equipments : Our Company manufactures and supplies Commercial Refrigeration Equipments to Restaurants, Bakeries, Sweet Shops, Ice Cream/Dairy Industry etc.
Riddhi Display Equipments IPO Market Lot Size
The Minimum Lot Size For The Riddhi Display Equipments IPO is 2,400 Shares, Requiring An Application Amount of ₹1,20,000 and in multiples of 1,200 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| 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 Maxmum | 8 | 9,600 | ₹9,60,000 |
| B-HNI Minimum | 9 | 10,800 | ₹10,80,000 |
Objects Of The Issue
Capital expenditure towards interior work & purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh.
Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing Manufacturing Unit of the Company at Gondal, Rajkot.
Capital expenditure towards setting up of Showroom at Gondal, Rajkot.
Funding working capital requirements.
General Corporate Purpose.
Riddhi Display Equipments IPO Allotment & Listing Dates
Riddhi Display Equipments IPO Will Open on Sep 24 and Close on Sep 26, 2025. The allotment is Expected on Sep 29, With the Listing Scheduled on BSE SME For Oct 01, 2025 (More information below table).
| Anchor Investor Bidding | - |
|---|---|
| IPO Open | Wed, Sep 24, 2025 |
| IPO Close | Fri, Sep 26, 2025 |
| Allotment Finalisation | Mon, Sept 29, 2025 |
| Refunds / Unblocking | Tue, Sep 30, 2025 |
| Shares Credited to Demat | Tue, Sep 30, 2025 |
| Listing Date | Wed, Oct 01, 2025 |
Riddhi Display Equipments IPO Financial Report (FY 2024)
Riddhi Display Equipments Reported a total Revenue of ₹25.09 Cr. in FY 2025, Slightly up From ₹18.90 Cr. in FY 2024. The Company Net Profit Also Rose to ₹4.14 Cr. From ₹2.02 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 32.34 | 19.15 | 17.01 |
| Total Income | 25.09 | 18.90 | 17.54 |
| Profit After Tax | 4.14 | 2.02 | 0.21 |
| EBITDA | 6.93 | 3.77 | 1.08 |
| NET Worth | 10.36 | 3.21 | 1.17 |
| Reserves and Surplus | 4.19 | 2.93 | 0.91 |
| Amount in ₹ Crore |
Riddhi Display Equipments IPO Valuation Report – FY 2024 to 2025 (KPI)
Check Detailed Riddhi Display Equipments IPO Valuation Metrics for FY 2024 to 2025 Mix, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 62.87% |
| Return on Capital Employed (ROCE) | 58.40% |
| EBITDA Margin | 27.68% |
| PAT Margin | 16.53% |
| Debt-to-Equity Ratio | 1.04 |
| Earnings Per Share (EPS) | 6.71 |
| Price to Earnings Ratio (P/E) | 14.91 |
| Return on Net Worth (RoNW) | 39.94% |
| Net Asset Value (NAV) | 19.42 |
Our Competitive 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.
Our Company Promoters
Mr. Shaileshbhai Ratibhai Pipaliya,
Ms. Hansaben Shaileshbhai Pipaliya
Mr. Jay Shaileshkumar Pipaliya.
Comparison of Accounting Ratios with Industry Peers
| Name of the company | Face Value | EPS (Rs.) | P/E Ratio | RoNW (%) | NAV |
|---|---|---|---|---|---|
| Riddhi Display Equipments Limited | 10 | 3.24 | 30.86 | 16.18% | 19.42 |
| Ice Make Refrigeration Limited | 10 | 14.72 | 52.21 | 18.09% | 81.36 |
Also Read: Riddhi Display Equipments IPO GMP Today, Grey Market Premium Live
Riddhi Display Equipments Company Contact Details
Office: Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Rajkot, Gondal,
Gujarat, India, 360311.
Tel No.: 91 – 98250 72799.
E-mail: info@riddhidisplay.com.
Website: www.riddhidisplay.com
Riddhi Display Equipments Lead Manager
Jawa Capital Services Private Limited
Plot No. 93, First Floor,
Pocket 2, Near DAV School,
Jasola, New Delhi-110025
Tel No.: +91-11-47366600;
E-mail: mbd@jawacapital.in
Website: www.jawacapital.in
Riddhi Display Equipments IPO Registrar
Maashitla Securities Private Limited
451, Krishna Apra Business Square Netaji Subhash Place,
Pitampura New Delhi, Delhi-110034
Tel No.: 011-47581432,
E-mail: investor.ipo@maashitla.com
Website: https://maashitla.com
Riddhi Display Equipments IPO FAQs
Question 1: What is the Riddhi Display Equipments IPO?
Answer 1:Riddhi Display Equipments IPO is a SME IPO of 24,68,400 equity shares of the face value of ₹10 approximately up to ₹24.68 Cr. The issue is priced at ₹95 to ₹100 per share.
The Riddhi Display Equipments IPO opens on Sep 24, 2025 and closes on Sep 26, 2025.
Maashitla Securities Private Limited is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Riddhi Display Equipments IPO through Groww?
Answer 2: Groww customers can apply online in Riddhi Display Equipments IPO using UPI as a payment gateway. Groww customers can apply in Riddhi Display Equipments IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Riddhi Display Equipments IPO through Groww –
Visit the Groww website and login to Groww.
Go to Main Page and click the Products & tools and click IPO tab.
New page Open and Show ‘Riddhi Display Equipments IPO’ click the ‘Apply’ button.
Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Riddhi Display Equipments IPO will open?
Answer 3: The Riddhi Display Equipments IPO opens on Sep 24, 2025, and closes on Sep 26, 2025.
Question 4: What is the lot size of Riddhi Display Equipments IPO?
Answer 4:Riddhi Display Equipments IPO lot size and the minimum order quantity is 1,200 Shares.
Question 5: How to apply for Riddhi Display Equipments IPO?
Answer 5: You can apply in Riddhi Display Equipments IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Riddhi Display Equipments IPO allotment date?
Answer 6: The Basis of Allotment for Riddhi Display Equipments IPO will be on Mon, Sept 29, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 30, 2025. For Check the Riddhi Display Equipments IPO allotment status.
Question 7: When is Riddhi Display Equipments IPO listing date?
Answer 7: The Riddhi Display Equipments IPO listing date is Oct 01, 2025. The date of Riddhi Display Equipments IPO listing on Wed, Oct 01, 2025.

























