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Home >> Markets >> IPO - Forthcoming IPO's
As on Jun 29,2018 10:34 AM
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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
Phone: +91 98250 72799
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. 100/- per equity share including a share premium of Rs. 90 /- per equity share (the "Issue Price") aggregating to Rs. 24.68 crores ("the Issue"), of which 1,23,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 1.24 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 Rs. 10/- each at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 23.45 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-2025 10-Dec-2025 (Rs) 100.00 - 0.00 (Rs) 0.00 - 0.00
(Rs)Cr. Lead Managers to the Issue
Project Cost 22.51
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.
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
BSE - SME
Registrar to the Issue