Riddhi Display Equipments IPO

About Riddhi Display Equipments IPO

Riddhi Display Equipments IPO is a book-built issue with a total size of ₹24.68 crore. The entire issue consists of a fresh issue of 0.25 crore equity shares, aiming to raise funds for the company’s business needs. The IPO opens for subscription on September 24, 2025, and will close on September 26, 2025. 

The basis of allotment is expected to be finalised on September 29, 2025, and the shares are likely to be listed on BSE SME on October 1, 2025. The price band for the issue is set between ₹95 and ₹100 per share, offering investors an entry at different levels. 

The minimum application size is 1,200 shares, making the minimum investment for retail investors ₹2,40,000 at the upper band. For HNI investors, the minimum lot size is 3 lots, equivalent to 3,600 shares, amounting to ₹3,60,200.

Jawa Capital Services Private Limited is acting as the book running lead manager, while Maashitla Securities Private Limited has been appointed as the registrar to the issue. Aftertrade Broking Private Limited is serving as the market maker for this IPO.

Riddhi Display Equipments IPO Objectives 

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Capital expenditure towards interior work and purchase of new equipment/machineries for setting up a Manufacturing-cum-Assembly Unit at Lucknow, Uttar Pradesh.
2. Capital expenditure for purchase of new equipment/machineries/software for upgradation of the existing Manufacturing Unit at Gondal, Rajkot.
3. Capital expenditure for setting up a showroom at Gondal, Rajkot.
4. Funding working capital requirements.
5. Remaining funds will be used for general corporate purposes.

About Riddhi Display Equipments Limited 

Riddhi Display Equipments Limited is engaged in the business of manufacturing and supplying display counters, kitchen equipment, and refrigeration equipment. The company began its journey as Riddhi Display Equipments Private Limited in 2006 and was later converted into a public limited company in 2024.

The company specialises in creating innovative and tailor-made solutions for commercial kitchen and bakery setup requirements. It offers customised display equipment for sweets, bakery items, namkeen, fast food.

Its products are supplied to restaurants, food courts, cafés, retail shops, supermarkets, ice cream parlours, and cake & pastry shops.

By designing equipment layouts that align with clients’ specific needs and constraints such as space, Riddhi Display Equipments Limited provides end-to-end solutions. 

Its focus extends to aspects like equipment design, shape, pattern, space planning, temperature maintenance, and durability. The company’s offerings are available across refrigerated, heated, and ambient display variants.

In addition to display solutions, the company manufactures a wide range of kitchen equipment including burner ranges, bain-maries, dish trolleys, masala trolleys, sink tables, storage racks, and work tables.

Broadly, the company operates under three business verticals including display counters, commercial kitchen equipment and commercial refrigeration equipment.

With its customised approach and diverse product range, Riddhi Display Equipments Limited has positioned itself as a trusted partner for businesses seeking efficient, reliable, and innovative commercial kitchen and display solutions.

Industry Outlook

1. In India, the sector is still dominated by public sector enterprises which continue to hold a large market share due to preferential government purchase policies.
2. The development of the capital goods sector is closely linked to government policies. India faces challenges such as inverted duty structures, high export transaction costs, and limited institutional support for exports.
3. Competing countries benefit from a stronger investment climate. Despite liberal FDI policies and low labour costs, India struggles to attract large investments due to weak infrastructure, which adds nearly 5% to costs for Indian manufacturers compared to foreign peers.
4. Subsidies and incentives play an important role in shaping the sector. In several markets, corporate tax rates have been reduced to below 30%, with some regions offering even lower rates, making them more competitive.
5. The capital goods sector can be classified into key segments such as machine tools, process plant machinery, electrical machinery, textile machinery, and earth-moving, construction and mining machinery.

How To Apply for the Riddhi Display Equipments IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Riddhi Display Equipments IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of Riddhi Display Equipments IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Riddhi Display Equipments Limited 

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

Phone: +91 98250 72799

E-mail:info@riddhidisplay.com

Website:https://riddhidisplay.com/

Riddhi Display Equipments IPO Reservation

Riddhi Display Equipments IPO Lot Size Details

Riddhi Display Equipments IPO Promoter Holding

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

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Riddhi Display Equipments IPO

Riddhi Display Equipments IPO Prospectus

• Riddhi Display Equipments IPO DRHP

• Riddhi Display Equipments IPO RHP

Riddhi Display Equipments IPO Registrar and Lead Managers

Riddhi Display Equipments IPO Lead Managers

• Jawa Capital Services Private Limited

Registrar for Riddhi Display Equipments IPO

Maashitla Securities Private Limited

• Contact Number: +91-11-45121795-96
• Email Address:investor.ipo@maashitla.com
• Website: https://maashitla.com/allotment-status/public-issues