How to Check Riddhi Display Equipments IPO Allotment Status

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Last Updated: 11th December 2025 - 10:30 am

Riddhi Display Equipments Limited is engaged in the business of manufacturing and supply of innovative solutions in the field of display equipment like Display Counter, Kitchen Equipments and Refrigeration Equipments. The company was incorporated in 2006. It focuses on offering high-quality products and services that meet the diverse needs of industries such as retail, advertising, and exhibitions.

The Riddhi Display Equipments IPO came with a total issue size of ₹24.68 crore, comprising entirely a fresh issue of ₹24.68 crore. The IPO opened on December 8, 2025, and closed on December 10, 2025. The allotment is expected on Thursday, December 11, 2025. The share price band was set at ₹95 to ₹100 per share.

Steps to Check Riddhi Display Equipments IPO Allotment Status on Registrar Site

  • Visit the Maashitla Securities Pvt. Ltd. 
  • Select "Riddhi Display Equipments" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Riddhi Display Equipments IPO Allotment Status on BSE

  • Navigate to the BSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "Riddhi Display Equipments" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

Riddhi Display Equipments IPO Subscription Status

Riddhi Display Equipments IPO received solid investor interest, being subscribed 4.91 times overall. Here is the category-wise breakdown as of 5:14:07 PM on December 10, 2025:

QIB Category (Ex Anchor): 2.19 times
Non-Institutional Investors (NII): 1.92 times
Retail Investors: 7.95 times

Day & Date QIB NII bNII (>₹10L) sNII (<₹10L) Retail Total
Day 1 (Dec 8, 2025) 1.00 0.00 0.00 0.00 0.04 0.03
Day 2 (Dec 9, 2025) 1.00 0.29 0.26 0.36 0.80 0.55
Day 3 (Dec 10, 2025) 2.19 1.92 1.59 2.57 7.95 4.91

Riddhi Display Equipments IPO Share Price and Investment Details

The minimum investment required was ₹2,40,000 for 2 lots (2,400 shares). Given the subscription of 4.91 times with moderate institutional interest at 2.19 times, moderate NII participation at 1.92 times, and strong retail subscription at 7.95 times, the share price is expected to list with a moderate premium.

Utilisation of IPO Proceeds

The IPO proceeds will be utilized for capital expenditure towards interior work and purchase of new equipment and machineries for setting up a manufacturing-cum-assembly unit at Lucknow, Uttar Pradesh (₹4.97 crore), capital expenditure towards purchase of new equipment, machineries and software for upgradation of the existing manufacturing unit at Gondal, Rajkot (₹3.79 crore), capital expenditure for setting up a showroom at Gondal, Rajkot (₹1.43 crore), funding working capital requirements (₹9.74 crore), and general corporate purposes.

Business Overview

Riddhi Display Equipments Limited is engaged in the manufacturing and supply of display counters, kitchen equipment, and refrigeration equipment. The company recorded growth in both revenue and profit during the reported periods.

The company benefits from experienced promoters, a qualified technical team, consistent delivery of quality products, customized solutions with strong after-sales service focus, well-established manufacturing facilities, a strong marketing team, and a diversified client base across industries. Investors should note the post-issue P/E ratio of 14.4 and Price-to-Book Value of 6.08.

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