The Riddhi Display Equipments IPO opens on September 24, 2025, and closes on September 26, 2025. The Riddhi Display Equipments IPO is a book-built issue. The company will raise approximately ₹24.68 crore through the IPO, comprising fresh shares worth ₹24.68 crore and equity shares with a face value of ₹10 per share.
The price band for the Riddhi Display Equipments IPO is ₹95 to ₹100 per share. The retail share is 35%, QIBs 50%, and HNIs 15%. The Riddhi Display Equipments IPO will be listed on the BSE SME on October 1, 2025. The allotment date for the Riddhi Display Equipments IPO is September 29, 2025.
The company reported revenue of ₹18.9 crore in 2024, compared to ₹17.54 crore in 2023. The company reported a profit of ₹2.02 crore in 2024, compared to a profit of ₹0.21 crore in 2023. Based on the financial data, IPO investors should invest in IPOs GMP for the long term.
Riddhi Display Equipments 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 | . |
| RHP Draft Prospectus | . |
Riddhi Display Equipments IPO Market Lot
The Riddhi Display Equipments IPO minimum market lot is 2,400 shares with ₹2,40,000 application amount.
| 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 Equipments 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 Equipments IPO Dates
The Riddhi Display Equipments IPO date is September 24 and the close date is September 26. The Riddhi Display Equipments IPO allotment will be finalized on September 29 and the IPO listing on October 1.
| 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
Mr. Shailehsbhai Ratibhai Pipaliya, Mrs. Hansaben Shailehsbhai Pipaliya, and Mr. Jay Shailehskumar Pipaliya are the promoters of the company.
| 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 | – |