Riddhi Display Equipments Ltd. IPO Allotment Status: Check Overall Subscription & Steps to Verify Status
The allotment date for the Riddhi Display Equipments Ltd. is expected to be finalised today, on December 11, 2025. The IPO bidding window was open for subscriptions from December 8, 2025, to December 10, 2025. This is a book build issue of ₹24.68 crores with an entirely fresh issue of 0.25 crore shares. The tentative listing date on the BSE SME has been fixed for December 15, 2025.
Check Riddhi Display Equipments Ltd. IPO Allotment Status on BSE and the registrar’s website.
Procedure to Check Riddhi Display Equipments Ltd. IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Riddhi Display Equipments Ltd.”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Riddhi Display Equipments Ltd. IPO Allotment Status on Maashitla Securities Pvt. Ltd. (Registrar to the issue)
- Click here to visit the application status page.
- Select the company.
- Enter the PAN, application number, and the demat account number.
- Click on Submit to view the IPO allotment status details.
Riddhi Display Equipments Ltd. IPO Details
The Riddhi Display Equipments Ltd. IPO is a book build issue of ₹24.68 crores, comprising an entirely fresh issue of 0.25 crore shares.
The price band for the IPO has been fixed between ₹95.00 and ₹100.00 per share, with the application lot size being 1,200.
The minimum investment amount for retail investors is ₹2,40,000.00 or 2,400 shares, based on the upper price. The minimum lot size for HNIs is 3 lots or 3,600 shares, cumulatively aggregating to ₹3,60,000.
The book running lead manager is Jawa Capital Services Pvt. Ltd., while the registrar of the issue is Maashitla Securities Pvt. Ltd. The Market Maker of the company is Prabhat Financial Services Ltd.
Riddhi Display Equipments Ltd. IPO Overall Subscription Status
The Riddhi Display Equipments Ltd. IPO saw an overall subscription of 4.91 times as per the BSE data as of December 10, 2025, 7:00 p.m.
The public issue was subscribed:
- 7.95 times by Retail Individual Investors (RIIs)
- 1.92 times by Non-Institutional Investors (NIIs)
- 1.59 times by bNIIs
- 2.57 times by sNIIs
- 2.19 times by Qualified Institutional Buyers (QIBs)
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Utilisation of Proceeds
The company plans to utilise the net proceeds from the fresh issue towards:
- ₹49.65 crore for capital expenditure on interior work and for buying new machinery/equipment to set up a manufacturing and assembly unit at Lucknow in Uttar Pradesh.
- ₹37.91 crore for capital expenditure on buying new machinery/equipment/software for upgrading the existing company manufacturing unit situated at Gondal, Rajkot.
- ₹14.27 crore for capital expenditure towards setting up a showroom at Gondal, Rajkot.
- ₹97.37 crore for funding working capital requirements.
- General corporate purposes.
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About Riddhi Display Equipments Ltd.
Founded in 2006, Riddhi Display Equipments Ltd. manufactures and supplies innovative display equipment solutions, including kitchen equipment, display counters, and refrigeration equipment. The company has a manufacturing facility in Gondal, Gujarat. It serves retail stores, restaurants, cafes, supermarkets, hotels, and hospitals. It has 55 employees as of August 31, 2025.
Financially, the company reported:
- 33% higher revenue and 105% higher PAT (profit after tax) between the financial year ending with March 31, 2025 and March 31, 2024
- As of July 31, 2025, the company’s assets and total income stood at ₹36.63 crore and ₹11.23 crore, respectively.
- By this date, profit after tax (PAT) and EBITDA stood at ₹2.00 crore and ₹3.19 crore, respectively.
- As of July 31, 2025, the company had a net worth of ₹12.36 crore and reserves and surplus of ₹6.19 crore.
- The company's total borrowings stood at ₹8.63 crore as of July 31, 2025.
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