Riddhi Display Equipments IPO logo

Riddhi Display Equipments IPO

Listed

RIDDHI

SME BSE Houseware

Riddhi Display Equipments IPO, a SME IPO was listed on the exchange on December 15, 2025. The price band is set between ₹95 –100 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 1,200 shares — amounting to ₹240,000 at the upper price.

Riddhi Display Equipments IPO has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.

Riddhi Display Equipments IPO SME Important Dates

Get important updates regarding Riddhi Display Equipments IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.

Listing Performance

Listing day gain

-24%

Issue

₹100

As of 18 Feb 2026

IPO Timeline

Open Date

Dec 08

Close Date

Dec 10

Allotment

Dec 11

Listing

Dec 15

Price Band & Investment Details

Issue Size

2,468,400 shares
(aggregating up to ₹25.00 Cr)

Issue Price

₹95 – ₹100

Face Value

₹10/share

Market Lot

1,200 shares

Retail Min Investment

₹240,000

Listing At

BSE

Sale Type

fresh issue

Fresh Issue

2,344,800 shares
(aggregating up to ₹23 Cr)

Reserved for Market Maker

123,600 shares
(aggregating up to ₹1.24 Cr)

Issue Type

book building

Riddhi Display Equipments IPO IPO Grey Market Premium (GMP) - Live Rates & Current Status

Last updated: 3 months ago

Current GMP
₹0
Previous GMP
₹0

Riddhi Display Equipments IPO IPO GMP Historical Data - Complete Track Record

Date IPO Issue Price (₹) GMP (₹) Est. Listing Price (₹) Est. Profit Amount (₹) Est. Profit % Last Updated
09 Dec 2025 Latest ₹100 ₹0 ₹100 ₹0
0%
4:26 PM
08 Dec 2025 ₹100 ₹0 ₹100 ₹0
0%
6:22 PM

Subscription (Latest Snapshot)

View Detailed Subscription

Latest snapshot: Dec 10, 2025

Category Subscribed (x) No. of Applications
QIB 2.19x
NII 1.92x
bNII (bids above ₹10L) 1.59x
sNII (bids below ₹10L) 2.57x
Retail Investors 7.95x
Total 4.91x

Registrar

Registrar
Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)
Registrar Phone
+91-11-45121795-96
Registrar Email
contact@maashitla.com
Registrar Address
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Website
Visit Website

Promoter Holding

Mr. Shailehsbhai Ratibhai Pipaliya, Mrs. Hansaben Shailehsbhai Pipaliya, and Mr. Jay Shailehskumar Pipaliya are the promoters of the company.

Promoter Holding Pre Issue
99.99%
Promoter Holding Post Issue
71.43%

Riddhi Display Equipments IPO Investment Limits

IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.

Category Lots Shares Amount (₹)
Retail (Min) 2 2,400 ₹240,000
Retail (Max) 1 1,200 ₹120,000
S-HNI (Min) 3 3,600 ₹360,000
S-HNI (Max) 8 9,600 ₹960,000
B-HNI (Min) 9 10,800 ₹1,080,000

IPO Reservation

The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.

Category Shares Offered
Market Maker Shares Offered 123,600 (5.01%)
QIB Shares Offered 25,200 (1.02%)
NII (HNI) Shares Offered 1,155,600 (46.82%)
bNII > ₹10L
770,400 (31.21%)
sNII < ₹10L
385,200 (15.61%)
Retail Shares Offered 1,164,000 (47.15%)
Total Shares Offered 2,468,400 (100.00%)

Riddhi Display Equipments Limited Overview

Riddhi Display Equipments is a Gujarat-based manufacturer specializing in innovative display solutions for the food and hospitality sectors. They design and supply everything from sweet display counters and bakery showcases to heavy-duty commercial kitchen and refrigeration equipment.

Strengths:
The company’s core strength lies in its customization capability; they don't just sell equipment but design tailor-made layouts for cafes, sweet shops, and hotels to maximize space and efficiency. They have a well-established manufacturing unit in Gondal, Gujarat, which is ISO 9001:2015 certified, ensuring high-quality standards. Additionally, their experienced promoter group has over three decades of technical expertise in the refrigeration industry, and their diverse client base (ranging from local bakeries to large food courts) provides a stable revenue stream across different market segments.

Growth:
Riddhi is aggressively expanding its footprint by setting up a new manufacturing and assembly unit in Lucknow, Uttar Pradesh, to cater to the growing North Indian market. They are also investing in the upgradation of their Gondal facility with advanced machinery and software to improve production efficiency. With the Indian hospitality and QSR (Quick Service Restaurant) sector booming, the company is focusing on product innovation, such as energy-efficient refrigerators and smart display cabinets, to capture a larger market share. Their recent transition to a public limited company signals a shift toward larger-scale operations and institutional growth.

Riddhi Display Equipments Limited – Company Details, Address & Contact

Founded In
2006
Managing Director
Mr. Shailehsbhai Ratibhai Pipaliya
Industry
Houseware
Addresses
Registered Office Plot No.1, Survey No.2/1 P4/P2, National Highway-27 Gondal Highway, Village Bhojpara, Gondal Rajkot, Gujarat, 360311

Financial Summary

Standalone · ₹ in Crores

3-Year Trend
Particulars FY 2023 FY 2024 FY 2025 Latest
Total Revenue 17.54 18.9
25.09 ↑ 32.8%
Profit After Tax (PAT) 0.21 2.02
4.14 ↑ 105.0%
EBITDA 1.08 3.77
6.93 ↑ 83.8%
Total Assets 17.01 19.15
32.34 ↑ 68.9%
Net Worth 1.17 3.21
10.36 ↑ 222.7%
Reserves & Surplus 0.91 2.93
4.19 ↑ 43.0%
Total Borrowing 6.65 8.1
10.79 ↑ 33.2%

Revenue & Profit Trend

YoY change vs prior year · Source: DRHP / RHP filed with SEBI

Frequently Asked Questions

What are the Riddhi Display Equipments IPO dates?

The Riddhi Display Equipments IPO is expected to open in December, 2025, subject to SEBI approval. Final dates will be updated once announced officially.

What is the price band of Riddhi Display Equipments IPO?

The price band for Riddhi Display Equipments IPO is ₹95.00 - ₹100.00 per share.

What is the GMP today for Riddhi Display Equipments IPO?

As per market sources, Riddhi Display Equipments IPO GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.

How much subscription has happened for Riddhi Display Equipments IPO?

The subscription status for Riddhi Display Equipments IPO stands at 4.91x overall.

When is the Riddhi Display Equipments IPO listing date?

The listing date for Riddhi Display Equipments IPO is December 15, 2025.

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