
Manufacturing · BSE
Riddhi Display Equipments Limited, incorporated in 2006, is engaged in the manufacturing and supply of innovative display equipment solutions, including display counters, kitchen equipment, and refrigeration equipment. The company emphasizes delivering high-quality products and services to cater to diverse industries such as retail, advertising, and exhibitions. Its manufacturing facility, located in Gondal, Gujarat, is designed to produce cost-efficient products, with skilled technical engineers managing operations to optimize production processes, maximize output, and reduce costs. The company’s product portfolio includes display counters widely used in restaurants, cafes, retail shops, and supermarkets; commercial kitchen equipment primarily used in hotels, restaurants, and hospitals; and commercial refrigeration equipment serving similar sectors. As of August 31, 2025, the company employs 55 people.
Price Band
₹95 – ₹100
Issue Size
₹24.68 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹100
at current GMP
Subscribed
4.97x
overall
Open
8 Dec 2025
Close
10 Dec 2025
Allotment
11 Dec 2025
Refund
12 Dec 2025
Demat Credit
13 Dec 2025
Listing
15 Dec 2025
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
11 Dec 2025
Basis finalization
Refunds Initiate
12 Dec 2025
Mandate release
Demat Credit
13 Dec 2025
Shares in demat
Listing Debut
15 Dec 2025
Trading begins
Riddhi Display Equipments Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹24.68 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-13, while un-allotted funds or UPI block mandates will be released on 2025-12-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.