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 |
| Tel. No: +91 98250 72799 |
| Fax No: NA |
| 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. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("the Issue"), of which 1,23,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. 23,44,800 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 [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] %, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 95/- to Rs. 100/- for equity share of face value of Rs. 10 each. The floor price is 9.50 times times the face value and cap price is 10.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 24-Sep-2025 | 26-Sep-2025 | ₹95.00 - 100.00 | |
| Minimum Application for shares in Nos : 2400.0 | Further Multiples of :1200.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Jawa Capital Services Pvt. Ltd. |
| Project Financed through Current Offer | 23.45 | |
| Post Issue Equity Share Capital | 8.64 | |
| Issue Price | 95.00 |
| Projects |
|---|
| 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 |
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| BSE - SME |
| Registrar To The Issue |
|---|
