Riddhi Display Equipments Ltd (BSE SME)

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Riddhi Display Equipments

December 8, 2025 – December 10, 2025

Price ₹95 - ₹100
GMP Rumors * ₹0
Lot size 1200
Issue size ₹24.68 cr
Allotment Dec 11, 2025
Listing Dec 15, 2025

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Live Rate

Open
High
Low
Prev. Close
Lower circuit
Upper circuit
52w High
52w Low
P/E Ratio

Riddhi Display Equipments Listing Price

Exchange Listing Price Gain/Loss %
BSE ₹80.00 -₹20.00 -20.00%

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Shareholding Pattern


Riddhi Display Equipments Subscription

Last updated on 10-Dec-2025 17:04:03

CategoryOfferedAppliedTimes
QIBs25200552002.19
HNIs115560022152001.92
bHNI77040012240001.59
sHNI3852009912002.57
Individual116400092496007.95
Total2344800115200004.91
Application-Wise Breakup img
CategoryReservedAppliedTimes
HNIs (10L+)2141130.53
HNIs (3-10L)1072522.36
Individual48538547.95
QIB Interest Cost Per Share (7 Days)
@7%
₹0.3
@8%
₹0.3
@9%
₹0.4
@10%
₹0.4
@11%
₹0.5
@12%
₹0.5

Riddhi Display Equipments Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
bHNI 9 10800 1080000 214

Riddhi Display Equipments Reservation

Category Shares Offered %
QIB 25200 1.02%
HNI 1155600 46.82%
INDIVIDUAL 1164000 47.16%
Market Maker 123600 5.01%
Total 2468400 100%

Riddhi Display Equipments About

IPO Details
Total Issue Size24,68,400 shares (aggregating up to 24.68 Cr)
Fresh Issue 24,68,400 shares (aggregating up to 24.68 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue61,71,589 shares
Share Holding Post Issue86,39,989 shares
Reserved for Market Maker1,23,600 shares (aggregating up to 1.24 Cr)
Market MakerPrabhat Financial Services 
Key Performance Indicator (KPI)
KPIJul-25Mar-25Mar-24
ROE18.03%62.87%92.03%
ROCE17.50%58.40%56.15%
EPS
(basic)
9.726.843.43
P/E
Pre IPO
14.91
P/E
Post IPO
14.4
Financial Details In Crores
Period EndedJul-25Mar-25Mar-24Mar-23
Assets36.6332.3419.1517.01
Total Income11.2325.0918.917.54
Profit After Tax24.142.020.21
EBITDA3.196.933.771.08
NET Worth12.3610.363.211.17
Reserves and Surplus6.194.192.930.91
Total Borrowing8.6310.798.16.65

Peer Comparision (Valuation)
CompanyP/E (x)Face value (₹)
Riddhi Display Equipments Limited10.00
Ice Make Refrigeration Limited52.2110.00
SOURCE:RHP,The Company’s Financial Figures are based on restated standalone audited financial statements for the period ended on July 31, 2025 unless provided otherwise. With respect to Industry peers, all the financial information mentioned above is on a standalone basis and is sourced from the audited results of the respective companies for the year ended March 31, 2025 unless provided otherwise. P/E Ratio has been computed based on the closing market price of equity shares on NSE on September 17, 2025 divided by the Basic EPS as at March 31, 2025


Peer Comparision (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Riddhi Display Equipments Limited19.4216.183.24
Ice Make Refrigeration Limited81.3618.0914.72
Company Overview

Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the manufacturing and supply of innovative display, kitchen, and refrigeration equipment. The company delivers high-quality, reliable solutions designed to meet the varied requirements of industries such as retail, hospitality, food service, advertising, and exhibitions.

The company operates a well-equipped manufacturing facility in Gondal, Gujarat, where skilled technical engineers oversee production. The facility is designed to ensure cost-efficient manufacturing, optimized processes, and consistent product quality.

Product Portfolio

  • Display Counters:
    A core revenue-generating segment, offering a wide range of counters used in restaurants, cafés, retail stores, supermarkets, and similar establishments.
  • Commercial Kitchen Equipment:
    A significant product vertical serving hotels, restaurants, hospitals, and large-scale food service operations.
  • Commercial Refrigeration Equipment:
    Products used extensively in hotels, restaurants, hospitals, and institutional kitchens, contributing to the company’s overall income.
  • Capital Expenditure for New Manufacturing Unit in Lucknow, Uttar Pradesh: For interior work and purchase of new machinery to set up a manufacturing cum assembly unit. The expected amount is Rs. 4.36 Crores.

  • Capital Expenditure for Upgradation of Existing Unit in Gondal, Rajkot: For purchasing new equipment, machinery, and software. The expected amount is Rs. 3.56 Crores.

  • Capital Expenditure for Setting up a New Showroom in Gondal, Rajkot: The expected amount is Rs. 1.43 Crores.

  • Funding for Working Capital Requirements: To meet day-to-day operational needs. This is the largest allocation at Rs. 9.74 Crores.

  • General Corporate Purpose: A flexible category for other business needs. The amount for this specific point is not listed in the provided data but forms part of the total fundraising goal.

Strength

Experienced Leadership & Skilled Team – Promoters with industry expertise and qualified engineers managing operations.

Diverse Product Portfolio – Wide range of display, kitchen, and refrigeration equipment catering to multiple industries.

Focus on Customization & After-Sales Service – Ability to deliver tailored solutions with strong customer support.

Weakness

Clear cut avoid as per some social media influencers , some brokers posting rates so ask your broker for perfact judgement 

Audit/Compliance Risk
– Restated financials signed under the same UDIN and date for multiple periods may raise credibility and compliance concerns.

Regulatory & Licensing Risk – Business depends on timely approvals and licenses; failure to obtain/renew could disrupt operations.

Lease Dependency Risk – Proposed Lucknow manufacturing-cum-assembly unit is on leased premises, creating long-term operational uncertainty.

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Riddhi Display Equipments Latest Announcements

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Riddhi Display Equipments Financial Results

Riddhi Display Equipments Lead Manager(s)

Riddhi Display Equipments Address

Riddhi Display Equipments Ltd.
Plot No.1, Survey No.2/1 P4/P2,
National Highway-27 Gondal Highway,
Village Bhojpara, Gondal
Rajkot, Gujarat, 360311
Phone: +91 98250 72799
Email: info@riddhidisplay.com
Website:  https://riddhidisplay.com/

Riddhi Display Equipments Registrar

Maashitla Securities Private Limited
Address: Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Riddhi Display Equipments Reviewers

Reviewer Recommendation File