The Riddhi Display Equipments IPO will open on September 24, 2025, and close on September 26, 2025. This Book Built Issue aims to raise about ₹24.68 crores, consisting entirely of a fresh issue worth ₹24.68 crores with a face value of ₹10 per share.

The price band has been set at ₹95–₹100 per share, with an investor allocation of 35% for retail, 50% for QIBs, and 15% for HNIs. The shares are scheduled to list on the BSE SME platform on October 1, 2025, and the IPO allotment date is September 29, 2025.

For FY 2024, the company recorded revenue of ₹18.9 crores, up from ₹17.54 crores in 2023, and profit of ₹2.02 crores, compared to ₹0.21 crores in 2023. Based on these financials, the IPO is considered a good option for long-term investors.

About Riddhi Display Equipments IPO

Our Company was originally incorporated as ‘Riddhi Display Equipments Private Limited’, a Private limited company, under the provisions of the Companies Act, 1956, with a certificate of incorporation issued under the hand of the Assistant Registrar of Companies, Gujarat, Dadar, and Nagar Haveli, dated on January 12, 2006. Subsequently, our Company was converted from a private limited company into a public limited company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on October 10, 2024, and consequently, the name of our Company was changed to “Riddhi Display Equipments Limited”, and a fresh certificate of incorporation consequent upon conversion from a private company to the public company dated November 21, 2024, was issued by Registrar of Companies, Central Processing Centre.

Our Company is promoted by Mr. Shaileshbhai Ratibhai Pipaliya, Ms. Hansaben Shaileshbhai Pipaliya and Mr. Jay Shaileshkumar Pipaliya.

Our Company is engaged in the business of manufacturing and supply of Display Counter, Kitchen Equipments and Refrigeration Equipments. Our Company carries its operations from its manufacturing facility located at Plot No.l, Survey No.2/1 P4/P2, National Highway-27 Gondal Highway, Village Bhojpara, Rajkot, Gondal, Gujarat 360311.

Our Company is ISO 9001:2015 certified and is led by an experienced board of directors, and a professional and experienced management team with extensive experience manufacturing of Display counters, Refrigeration Equipments and Kitchen Equipment. Further our company has obtained an ETL Certification as an “Authorization of Mark” in accordance with the Standards of Export in the USA and Canada.