IPO IPO-Synopsis
Riddhi Display Equipments Ltd

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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 Rs10/- 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 Rs10/- each for cash at a price of Rs[*]/- per equity share including a share premium of Rs[*]/- per equity share aggregating to Rs[*] 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 Rs10/- 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 28.57% and 27.14%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each. Price Band: Rs95/- to Rs100/- for equity share of face value of Rs10 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 Allotment
08-Dec-25 10-Dec-25 Rs95.00-100.00 Rs0.00-0.00
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 23.45  
Post Issue Equity Share Capital 8.64  
Issue Price Rs95.00  
Projects
Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of manufacturing unit at lucknow, Uttar Pradesh.Funding working capital requirement.
Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing manufacturing unit of the company lacated at Gondal, Rajkot.General corporate purpose.
Capital expenditure towards setting up of showroom at Gondal, Rajkot.
Promoted By
Shaileshbhai Ratibhai Pipaliya
Hansaben Shaileshbhai Pipaliya
Jay Shaileshkumar Pipaliya
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd