IPO

Riddhi Display Equipments Limited IPO

BSE SME

Offer Date: TBA - TBA

₹ 240000 /2400 Shares
*Min Investment

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

TBA

Listing Date
Riddhi Display Equipments IPO Issue Details
  • Issue Price ₹95 to ₹100 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Size
    • Total Size 24,68,400 shares(aggregating up to ₹24.68 crore)
    • Fresh Share 24,68,400 shares(aggregating up to ₹24.68 crore)
    • Listing at BSE SME
    • Lead Manager Jawa Capital Services Pvt.Ltd.
    • Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)22,400₹2,40,000
Retail(max)22,400₹2,40,000
SHNI(min) 33,600₹3,60,000
SHNI(max) 78,400₹8,40,000
BHNI(min) 89,600₹9,60,000
Riddhi Display Equipments IPO Reservation

Riddhi Display Equipments IPO offers total 24,68,400 shares. Out of which 25,200 (1.02%) allocated to QIB, 11,55,600 (46.82%) allocated to NII,11,64,000 (47.16%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
Market Maker Shares Offered1,23,600 (5.01%)
QIB Shares Offered25,200 (1.02%)
NII (HNI) Shares Offered11,55,600 (46.82%)
Retail Shares Offered11,64,000 (47.16%)
Total Shares Offered24,68,400 (100%)
Riddhi Display Equipments IPO Documents
Riddhi Display Equipments IPO Details


Riddhi Display Equipments Limited IPO is an SME IPO, priced at ₹95 to ₹100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 24,68,400 equity shares, aggregating up to ₹24.68 crores..

The IPO bidding window is open from TBA to TBA. The allotment is expected to be finalized on TBA, and the tentative listing date is TBA.

The minimum lot size for retail investors is 2,400 shares, with a minimum investment of ₹2,40,000.

Jawa Capital Services Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and Aftertrade Broking Pvt.Ltd. will act as the market maker for this issue.

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Riddhi Display Equipments Valuations
EPS Pre IPO ₹6.71
EPS Post IPO ₹6.95
P/E Pre IPO 14.91
P/E Post IPO 14.4
ROE 62.87%
ROCE 58.40%
Debt/Equity 1.04
RoNW 39.94%
PAT Margin 16.53%
Price to Book Value 17.42
Riddhi Display Equipments Company Financials
All values are in ₹ Cr.
31-Jul-2531-Mar-2531-Mar-2431-Mar-23
Assets36.6332.3419.1517.01
Revenue11.2325.0918.9017.54
Profit After Tax2.004.142.020.21
Net Worth12.3610.363.211.17
Reserves & Surplus12.3610.363.211.17
About Riddhi Display Equipments Company

Riddhi Display Equipments Limited is engaged in the business of manufacturing and supplying display equipment and furniture. The company specializes in retail display solutions, commercial furniture, and related products for various industries including retail, hospitality, and commercial spaces.

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Riddhi Display Equipments - Promoter(s)

Mr. Shailehsbhai Ratibhai Pipaliya

Mrs. Hansaben Shailehsbhai Pipaliya

Mr. Jay Shailehskumar Pipaliya

Pre Issue Share Holding : 99.99%

Post Issue Share Holding : 71.43%

Riddhi Display Equipments IPO - Issue Objectives
1

Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh

2

Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot

3

Capital expenditure towards setting up of Showroom at Gondal, Rajkot

4

Funding working capital requirements

5

General Corporate Purpose

Contact Details

Riddhi Display Equipments

Plot No.1, Survey No.2/1 P4/P2, National Highway-27 Gondal Highway, Village Bhojpara, Gondal Rajkot, Gujarat, 360311

+91 98250 72799

info@riddhidisplay.com

https://riddhidisplay.com/

Registrar Contact Details