Riddhi Display Equipments IPO was subscribed 4.91 times on the last day, a retail quota was subscribed over 7.95 times, and NII subscribed over 1.92 times, respectively.
Details About Riddhi Display Equipments IPO
Riddhi Display Equipments IPO received approval from SEBI for an IPO worth ₹24.68 crores. Wherein a fresh issue would be totally ₹24.68 crores.
Further, Riddhi Display Equipments IPO had a set price band of ₹95 to ₹100 Per Share.
Riddhi Display Equipments IPO consists of 2,400 shares in 2 lot sizes for retail minimum and maximum categories as well. While 3,600 shares were in 3 lot sizes for the S-HNI category.
S-HNI Maximum 9600 shares in 8 lot sizes.
S-HNI Minimum 10,800 shares in 9 lot sizes.
To invest in the Riddhi Display Equipments IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,40,000.
- SHNI (S-HNI): Minimum investment of ₹3,60,000.
- S-HNI Maximum investment of ₹9,60,000.
- B-HNI Minimum investment of ₹10,80,000.
Riddhi Display Equipments IPO Subscription Duration
Riddhi Display Equipments IPO opened on December 8, 2025, and closed on December 10, 2025. The Riddhi Display Equipments IPO allotment date was scheduled on December 11, 2025. The Riddhi Display Equipments IPO listing date is on December 15, 2025.
Riddhi Display Equipments IPO funds deployment
- Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh.
- Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot.
- Capital expenditure towards setting up of Showroom at Gondal, Rajkot
- Funding working capital requirements.
- General Corporate Purpose
About Riddhi Display IPO Company
Riddhi Display Equipments Limited, started in 2006, manufactures and supplies innovative solutions in the field of display equipment, like Display Counter, Kitchen Equipment, and Refrigeration Equipment. Riddhi Display Equipments Ltd.’s revenue grew by 33% and profit after tax (PAT) went up by 105% between the financial years ending March 31, 2024, and March 31, 2025.
The company has a unique strength:
- They have a strong marketing team.
- The company manufactures a wide range of display counters, commercial kitchen equipment, and commercial refrigeration units.
- They have well-established manufacturing facilities.
- The promoters are experienced, and we have a skilled technical team.
