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Last update 11-9-2025
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IPO Synopsis

Riddhi Display Equipments Ltd
Initial public issue of up to 24,68,400 equity shares of face value of Rs. 10/- each of Riddhi Display Equipments Limited ("Riddhi" or the "Company" or the "Issuer") for cash at a price of Rs. 100 per equity share including a share premium of Rs. 90 /- per equity share (the "Issue Price") aggregating to Rs. 24.68 crores ("the Issue"), of which 1,23,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 1.24 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 23,44,800 equity shares of face value of Rs. 10/- each at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 23.45 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.57% and 27.14%, respectively, of the post issue paid up equity share capital of the company.
Issue
Opens On Closes On
08-Dec-25 10-Dec-25
Money Payable On
Application Allotment
100.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Jawa Capital Services Pvt. Ltd.
Project Financed through Current Offer (.Cr) 24.68  
Post Issue Equity Share Capital (.Cr) 8.64
Issue Price () 100.00
Projects
Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of manufacturing unit at lucknow, Uttar Pradesh.
Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing manufacturing unit of the company lacated at Gondal, Rajkot.
Capital expenditure towards setting up of showroom at Gondal, Rajkot.
Funding working capital requirement.
General corporate purpose.
Promoted By
Shaileshbhai Ratibhai Pipaliya
Hansaben Shaileshbhai Pipaliya
Jay Shaileshkumar Pipaliya
Listing At
BSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd
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