IPO Synopsis


Riddhi Display Equipments Ltd

Registered Office: Plot No.1 Survey No.2/1 P4/P2,Nat.Hi.Way-27 Gondal Hi.Way., Rajkot - 360311, Gujarat, India.
Phone : +91 98250 72799   Fax:
Email :  info@riddhidisplay.com  
Website :  www.riddhidisplay.com

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 Money Payable On
Opens on Closes On Application Allotment
08-Dec-25 10-Dec-25 100.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Jawa Capital Services Pvt. Ltd.
Project Financed through Current Offer 24.68  
Post Issue Equity Share Capital 8.64  
Issue Price 100.00  

Project

  • 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

No Data Available