
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
Overall Subscription
4.97x
Total Demand
QIB Multiplier
2.19x
Institutions & Funds
NII / HNI
2.02x
High Net-Worth
Retail (RII)
7.95x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 25,200 | 55,200 | 2.19x |
| NIB | 1,155,600 | 2,338,800 | 2.02x |
| HNIs(10L +) | 770,400 | 1,347,600 | 1.75x |
| HNIs (2-10L) | 385,200 | 991,200 | 2.57x |
| RETAIL | 1,164,000 | 9,249,600 | 7.95x |
| Total | 3,500,400 | 13,982,400 | 4.97x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 2 | 0.00x |
| NIB | — | 365 | 0.00x |
| RETAIL | 485 | 3,854 | 7.95x |
| HNIs(10L +) | 214 | 113 | 0.53x |
| HNIs (2-10L) | 107 | 252 | 2.36x |
| Total Applications | 806 | 4,586 | 5.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Riddhi Display Equipments Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹95 to ₹100 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹100 per equity share.
The Riddhi Display Equipments Limited IPO aggregate issue size is ₹24.68 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.97x (Retail: 7.95x, QIB: 2.19x, NII: 2.02x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-12-11. Investors can verify status using PAN card or application number.
Riddhi Display Equipments Limited shares are scheduled to list on BSE on 2025-12-15.