Riddhi Display Ipo
Riddhi Display Equipments IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Jawa Capital Services Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,40,000 |
| Retail Maximum | 2 | 2,400 | ₹2,40,000 |
| S-HNI Minimum | 3 | 3,600 | ₹3,60,000 |
| S-HNI Maximum | 8 | 9,600 | ₹9,60,000 |
| B-HNI Minimum | 9 | 10,800 | ₹10,80,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | – Shares |
| Anchor Size | -Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
| IPO Bidding Cut-off Time: | 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 61,71,589 | 99.99% |
| Promoter Holding Post Issue | 86,39,989 | 71.42% |
| Purpose | Crores |
| Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh | 4.97 |
| Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot | 3.79 |
| Capital expenditure towards setting up of Showroom at Gondal, Rajkot | 1.42 |
| Funding working capital requirements | 9.74 |
| General Corporate Purpose | – |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2022 | ₹15.37 | ₹15.43 | ₹0.14 | ₹15.15 |
| 2023 | ₹17.54 | ₹17.32 | ₹0.21 | ₹17.01 |
| 2024 | ₹18.9 | ₹16.18 | ₹2.02 | ₹19.15 |
| October 2024 | ₹15.64 | ₹12.15 | ₹2.61 | ₹25.51 |
| KPI | Values |
| ROE: | 92.03% |
| ROCE: | 57.15% |
| EBITDA Margin: | 19.49% |
| PAT Margin: | 10.69% |
| Debt to equity ratio: | 0.01 |
| Earning Per Share (EPS): | ₹7.56 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 29.82% |
| Net Asset Value (NAV): | ₹14.78 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Ice Make Refrigeration Limited | 16.87 | 42.74 | 24.54% | 68.72 | – |
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹95 to ₹100 Per Share |
| Issue Size | Approx ₹24.68 Crores |
| Fresh Issue | Approx ₹24.68 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |