RIDDHI DISPLAY EQUIPMENTS IPO
Riddhi Display Equipments IPO at a Glance
| IPO Period | 08th – 10th Dec 2025 |
|---|---|
| Listing on | 15 Dec 2025 |
| Price Band | ₹95 – ₹100 per equity share |
| Lot Size & Minimum Investment | 1200 shares, amounting to ₹1,20,000 |
| Total Issue Size | ₹24.68 Crores |
Important Dates for Riddhi Display Equipments IPO
- Opening Date: 08 Dec 2025
- Closing Date: 10 Dec 2025
- UPI Payment Deadline: 10 Dec 2025 (5 PM)
- Allotment Announcement: 11 Dec 2025
- Refund Processing: 12 Dec 2025
- Demat Credit: 12 Dec 2025
- Stock Market Listing: 15 Dec 2025
- Mandate Validity End: 25 Dec 2025
- Anchor Investor Lock-in Release (50%): 10 Jan 2026
- Anchor Investor Lock-in Release (Remaining): 11 Mar 2026
*Dates may be revised as per official updates.
Understanding Riddhi Display Equipments Limited
Riddhi Display Equipments Limited is a company deeply embedded in the food service industry, specializing in crafting innovative and customized solutions for commercial kitchen and bakery setups. The company’s expertise lies in manufacturing tailored display equipment designed for a diverse range of food categories, including sweets, bakery items, savouries, fast-food, chaat, dry fruits, snacks, panipuri, sweet corn, ice-cream, and shrikhand.
Its comprehensive product range caters to a wide clientele, supplying essential equipment to restaurants, bustling food courts, cafes, retail shops, supermarkets, dedicated ice cream parlours, and specialized cake & pastry shops. Riddhi Display Equipments operates through three distinct yet synergistic business verticals: Display Counters, Commercial Kitchen Equipment, and Commercial Refrigeration Equipment. This diversified portfolio allows the company to offer end-to-end solutions, positioning it as a key player in enhancing operational efficiency and customer presentation within the rapidly evolving food and hospitality sector.
IPO Fundraising Structure and Utilization
The Riddhi Display Equipments IPO is entirely a fresh issue of equity shares, with the proceeds directly contributing to the company’s growth and operational expansion plans.
| Total Funds Raised | ₹24.68 Crores |
|---|---|
| Fresh Issue Component | ₹24.68 Crores |
| Offer for Sale Component | Nil |
Being solely a fresh issue, all funds raised through this initial public offering will flow directly into Riddhi Display Equipments Limited. This structure is intended to bolster the company’s financial position, supporting its strategic objectives for expansion and enhancement of its manufacturing capabilities, as detailed in the planned use of capital.
Strategic Allocation of IPO Proceeds
The capital generated from the IPO will be strategically deployed across several key areas aimed at strengthening Riddhi Display Equipments Limited’s manufacturing capacity, expanding its market presence, and meeting its working capital needs. The planned utilization is as follows:
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Capital expenditure for manufacturing and assembly unit at Lucknow, Uttar Pradesh | 4.96 | 20.09% |
| Capital expenditure for upgradation of existing manufacturing unit at Gondal | 3.79 | 15.35% |
| Capital expenditure for setting up showroom at Gondal, Rajkot | 1.42 | 5.7% |
| Funding working capital requirements | 9.74 | 39.4% |
| General corporate purposes and miscellaneous | 4.77 | 19.3% |
A significant portion of the funds is earmarked for capital expenditure, including the establishment of a new manufacturing facility in Lucknow and the enhancement of existing operations in Gondal. Furthermore, the company plans to establish a new showroom to boost its market outreach. A substantial allocation is dedicated to fortifying the company’s working capital, ensuring smooth day-to-day operations and facilitating future growth. The remaining funds will be utilized for general corporate purposes, providing flexibility for various business needs.
Key Strengths Driving Riddhi Display Equipments’ Growth
Riddhi Display Equipments Limited possesses several core strengths that underpin its market position and potential for future growth:
- Certified Quality Standards: The company operates an ISO 9001:2015 certified manufacturing facility, demonstrating a strong commitment to maintaining high-quality production processes and ensuring product reliability.
- Customized Solution Expertise: Riddhi Display Equipments excels in providing highly customized solutions, precisely tailored to the unique requirements of clients across various food service segments, which allows for deeper market penetration and client satisfaction.
- Strategic Manufacturing Base & Expansion: With an established manufacturing presence in Gujarat, the company has a strong operational foundation and strategic plans for geographical expansion into Uttar Pradesh, indicating a proactive approach to scaling operations and market reach.
- Diverse Product Portfolio: The company offers a broad and diversified range of products, encompassing display counters, commercial kitchen equipment, and commercial refrigeration solutions, which mitigates reliance on a single product line and addresses a wider spectrum of customer needs.
- Experienced Leadership and Strong Promoter Holding: Riddhi Display Equipments benefits from a strong promoter holding coupled with an experienced management team, bringing valuable industry insights and stability to the company’s strategic direction.
- Leveraging Industry Demand: The company is well-positioned to capitalize on the increasing demand from India’s rapidly expanding food service and retail sectors, providing a favourable market environment for its specialized products.
Analysing Potential Risks for Investors
While Riddhi Display Equipments Limited presents promising growth avenues, potential investors should also be aware of certain risk factors:
- Customer Concentration Risk: The company’s reliance on a limited number of major customers for a significant portion of its revenue could pose a risk, as the loss of any key customer might adversely impact financial performance.
- Operational Concentration: Manufacturing operations are currently concentrated in a single facility. This geographical concentration makes the business vulnerable to disruptions caused by natural calamities, labour issues, or other unforeseen operational challenges at that specific site.
- Regulatory Compliance Challenges: Various regulatory approvals and licenses are pending for both existing and proposed facilities. Delays or inability to obtain these essential clearances could impede operational expansion and affect business continuity.
- Environmental, Safety, and Labour Compliance: The company operates in an environment subject to stringent environmental, safety, and labour compliance requirements across multiple jurisdictions. Non-adherence could lead to penalties, operational disruptions, and reputational damage.
- Limited Geographical Presence: Compared to larger, more established competitors within the capital goods sector, Riddhi Display Equipments has a relatively limited geographical presence, which might constrain its market reach and growth opportunities in the short term.
Riddhi Display Equipments IPO Subscription Status
Subscription statistics based on the latest available information as of 5:00 PM on December 08, 2025:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.25 | 0.25 | 1x |
| Non-Institutional Investors (NII) | 11.56 | 0.00 | 0x |
| Retail Individual Investors (RII) | 11.64 | 0.48 | 0.04x |
| Total | 23.45 | 0.73 | 0.03x |
*GMP figures are unofficial and may vary; exchange data is more reliable.
Participating in the Riddhi Display Equipments IPO
Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes. Ensure you have a demat and trading account and complete your application process well before the closing date to avoid last-minute issues.
