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Riddhi Display Equipments IPO

  • Status: Upcoming
  • RHP:
  • ₹ 228,000 / 2400 shares

    Minimum Investment

Riddhi Display Equipments IPO Details

  • Open Date

    08 Dec 2025

  • Close Date

    10 Dec 2025

  • Listing Date

    15 Dec 2025

  • IPO Price Range

    ₹ 95 to ₹100

  • IPO Size

    ₹ 24.68 Cr

  • Listing Exchange

    BSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

Riddhi Display Equipments IPO Timeline

Last Updated: 02 December 2025 4:14 PM by 5paisa

Riddhi Display Equipments Limited, incorporated in 2006, is engaged in the manufacturing and supply of display counters, commercial kitchen equipment, and refrigeration equipment. The company caters to restaurants, hotels, retail outlets, supermarkets, hospitals, and exhibition spaces.

Its manufacturing facility in Gondal, Gujarat, is equipped to deliver high-quality, cost-efficient products. Supported by a skilled technical team and a strong marketing network, the company provides customised solutions with an emphasis on quality, efficiency, and after-sales service.

Established in: 2006
Promoters: Mr. Shailehsbhai Ratibhai Pipaliya
 

Riddhi Display Equipments Objectives

1. Capital expenditure for setting up a new manufacturing cum assembly unit in Lucknow – ₹4.97 crore
2. Capital expenditure for upgrading the existing Gondal unit – ₹3.79 crore
3. Capital expenditure for setting up a new showroom in Gondal – ₹1.43 crore
4. Funding working capital requirements – ₹9.74 crore
5. General corporate purposes

Riddhi Display Equipments IPO Size

Types Size
Total IPO Size ₹24.68 Cr
Offer For Sale  -
Fresh Issue ₹24.68 Cr

 

Riddhi Display Equipments IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 2,400 ₹2,28,000
Retail (Max) 2 2,400 ₹2,40,000
S-HNI (Min) 3 3,600 ₹3,42,000
S-HNI (Max) 8 9,600 ₹9,60,000
B-HNI (Min) 9 10,800 ₹10,26,000 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 17.54 18.90 25.09
EBITDA 1.08 3.77 6.93
PAT 0.21  2.02  4.14 
Particulars (in Rs. Crores) FY23 FY24 FY25
Total Assets 17.01 19.15 32.34
Share Capital 0.45 0.45 6.17
Total Borrowing 17.01  19.15  32.34 
Particulars (in Rs. Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities -1.05  -0.27 1.16 
Net Cash Generated From / (used in) investing activities -1.14  -0.11 -0.17 
Net Cash Generated From / (used in) financing activities 1.98  0.75 -0.87 
Net Increase (Decrease) In Cash And Cash Equivalents -2.00  0.37 0.12 


Strengths

1. Experienced promoters with strong technical expertise
2. Well-established manufacturing facility in Gondal, Gujarat
3. Ability to deliver customised, high-quality solutions
4. Strong marketing team with multi-sector reach

Weaknesses

1. Limited geographical presence outside Gujarat
2. Heavy reliance on display and kitchen equipment categories
3. Smaller scale compared to larger listed peers
4. Moderate financial base with limited reserves

Opportunities

1. Rising demand from the hospitality, retail, and healthcare sectors
2. Expansion through new Lucknow and Rajkot facilities
3. Potential for product diversification and innovation
4. Urbanisation and the growth of QSR chains are boosting demand

Threats

1. Intense competition from larger, established companies
2. Fluctuations in raw material costs affect margins
3. Market slowdowns are reducing capital expenditure in client sectors
4. Rapid technological changes require continuous investment

1. Strong promoter background and skilled team
2. Expanding manufacturing and showroom presence
3. Customised and diverse product portfolio
4. Consistent growth in financial performance
5. Rising demand in the hospitality and retail equipment industry

India’s commercial kitchen, refrigeration, and display equipment industry is poised for steady growth due to rising demand from hospitality, retail, and food service sectors. Increasing urbanisation, changing consumer lifestyles, and the expansion of QSR chains further support industry prospects. With strong manufacturing capabilities and plans to expand into Lucknow and Rajkot, Riddhi Display Equipments is positioned to capture this growing demand.

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FAQs

The Riddhi Display Equipments IPO opens on December 8, 2025 and closes on December 10, 2025. 

The Riddhi Display Equipments IPO issue size is ₹24.68 Cr.

The price band of Riddhi Display Equipments IPO is ₹95 to ₹100 per share. 

To apply for Riddhi Display Equipments IPO, follow the steps given below: 

●    Login to your 5paisa account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Riddhi Display Equipments IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.  

You will receive a mandate notification to block funds in your UPI app. 

For Riddhi Display Equipments IPO minimum lot size is 2 lots (2,400 shares), requiring an investment of ₹2,28,000. 

The allotment date of Riddhi Display Equipments IPO is December 11, 2025. 

The Riddhi Display Equipments IPO is expected to list on October 1, 2025 on BSE SME.

Jawa Capital Services Pvt. Ltd. is the lead manager, Maashitla Securities Pvt. Ltd. is the registrar of Riddhi Display Equipments IPO. 

Riddhi Display Equipments to utilise the raised capital from the IPO for: 

1. Capital expenditure for setting up a new manufacturing cum assembly unit in Lucknow – ₹4.97 crore 

2. Capital expenditure for upgrading the existing Gondal unit – ₹3.79 crore 

3. Capital expenditure for setting up a new showroom in Gondal – ₹1.43 crore 

4. Funding working capital requirements – ₹9.74 crore 

5. General corporate purposes