IPO

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 , 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 Rs100/- per equity share including a share premium of Rs90 /- per equity share (the "Issue Price") aggregating to Rs24.68 crores ("the Issue"), of which 1,23,600 equity shares of face value of Rs10/- each for cash at a price of Rs100/- per equity share including a share premium of Rs90/- per equity share aggregating to Rs1.24 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 Rs100/- per equity share including a share premium of Rs90/- per equity share aggregating to Rs23.45 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.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-25 10-Dec-25 Rs 100.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200
  (Rs Cr) Lead Managers to the Issue
Project Cost 22.51
Jawa Capital Services Pvt. Ltd.
Project Financed through Current Offer 24.68
Post Issue Equity Share Capital 8.64
Issue Price Rs 100.00
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 Listing At Registrar to the Issue
  Shaileshbhai Ratibhai Pipaliya
  Hansaben Shaileshbhai Pipaliya
  Jay Shaileshkumar Pipaliya
 BSE - SME
No Data Found.

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