59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Riddhi Display Equipments Limited IPO Analysis

Riddhi Display Equipments IPO is a Book Building listing on BSE SME exchange. The company is based in Rajkot and caters to Electric Equipments sector. Jawa Capital Services is the merchant banker of Riddhi Display Equipments IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th March 2025.

Riddhi Display Equipments IPO posted revenues of ₹ 26.73 crores and PAT of ₹ 4.47 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 26.73 Cr.
            EBITDA: ₹ 7.08 Cr.
            PAT: ₹ 4.47 Cr.
  • EBITDA Margin: 26.49 %
            Pat Margin: 16.74 %
  • Net Worth: ₹ 8.76 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]
Nature of IPO : SME Upcoming
Exchange : BSE SME
IPO Type : Book Building

Riddhi Display IPO Financial Performance (Restated)

Financial results of Riddhi Display Equipments IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Oct-24 FY24 FY23 FY22
Balance Sheet
Assets 25.51 19.15 17.01 15.15
Net Worth 8.76 3.38 1.36 1.15
Total Debt 8.73 8.10 6.65 6.84
Profit & Loss
Revenue
Revenue on annualised basis
15.59
26.73
18.86 17.53 15.30
EBITDA
EBITDA on annualised basis
4.13
7.08
3.77 1.07 0.79
PAT
PAT on annualised basis
2.61
4.47
2.02 0.21 -0.14
Financials
31-Oct-24
FY24
FY23
FY22
Balance Sheet
Assets
25.51
19.15
17.01
15.15

Net Worth
8.76
3.38
1.36
1.15

Total Debt
8.73
8.10
6.65
6.84

Profit & Loss
Revenue
Revenue on annualised basis
15.59
26.73
18.86
17.53
15.30

EBITDA
EBITDA on annualised basis
4.13
7.08
3.77
1.07
0.79

PAT
PAT on annualised basis
2.61
4.47
2.02
0.21
-0.14

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Riddhi Display IPO Key performance Indicators (KPI)

Riddhi Display Equipments IPO PAT Margin is 16.74 % , ROCE (Return on Capital Employed) is 45.90 % as per latest financial. The below table shows Riddhi Display Equipments IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Oct-24 FY24 FY23 FY22
EBITDA Margin (%) 26.49 19.99 6.10 5.16
PAT Margin (%) 16.74 10.71 1.20 -0.92
EPS (₹) 7.56 3.43 0.35 -0.24
ROE (%) 29.79 59.76 15.44 -12.17
ROCE (%) 45.90 57.15 11.34 6.12
ROA (%) 10.23 10.55 1.23 -0.92
Debt to Equity 1.00 2.40 4.89 5.95
Particulars
31-Oct-24
FY24
FY23
FY22

EBITDA Margin (%)
26.49
19.99
6.10
5.16

PAT Margin (%)
16.74
10.71
1.20
-0.92

EPS (₹)
7.56
3.43
0.35
-0.24

ROE (%)
29.79
59.76
15.44
-12.17

ROCE (%)
45.90
57.15
11.34
6.12

ROA (%)
10.23
10.55
1.23
-0.92

Debt to Equity (x)  
1.00
2.40
4.89
5.95

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Riddhi Display Equipments IPO Valuation Metrics

The market Capitalisation of Riddhi Display Equipments IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
[●]

P/B (times) :
[●]

NAV (₹) :
14.78

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Riddhi Display prospectus?

The Riddhi Display Equipments IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Riddhi Display IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Riddhi Display Equipments IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Riddhi Display IPO ?

The post-IPO market capitalisation of Riddhi Display Equipments IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Riddhi Display IPO?

The Riddhi Display Equipments IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Riddhi Display Equipments IPO?

Riddhi Display Equipments IPO reported revenue of ₹ 26.73 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Riddhi Display Equipments IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Riddhi Display Equipments IPO?

Riddhi Display Equipments recorded an EBITDA of ₹ 7.08 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Riddhi Display Equipments IPO?

Riddhi Display Equipments Profit After Tax (PAT) is ₹ 4.47 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 26.73 Cr.
            EBITDA: ₹ 7.08 Cr.
            PAT: ₹ 4.47 Cr.
  • EBITDA Margin: 26.49 %
            Pat Margin: 16.74 %
  • Net Worth: ₹ 8.76 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Riddhi Display Equipments operates in Electric Equipments and Kitchen And Bakery Setup Requirements. The Issue is listed on BSE SME in May, 2025. Riddhi Display Equipments IPO size was with Issue price of .

Riddhi Display Equipments IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Riddhi Display Equipments IPO listed at a listing price of against the offer price of .

The current market price of Riddhi Display Equipments is .

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