Ice Make Refrigeration Limited
NAV/Share (₹)81.36
RONW(%)18.09
EPS (Basic) (₹)14.72
Listed Price₹80.00
Listing Gain-20.00%
Price Band₹95 - ₹100
Lot Size1,200 shares
Min Bid₹1,20,000
Subscription4.97x
Listed Market Snapshot
₹80.00Listed price from market data
-20.00%listing gain
Issue Amount
₹24.68 Cr
Listed Price
₹80.00
Current Price
₹26.75
Registrar
Maashitla Securities Private Limited
IPO Schedule & Timeline
Bookbuilding IPOOpen08 Dec 2025
Close10 Dec 2025
Allotment11 Dec 2025
Listing15 Dec 2025
Quota Reservation & Application Lots
Quota Reservation (% Shares)
QIB25,200 shares
1.02%
HNI11,55,600 shares
46.82%
Retail11,64,000 shares
47.16%
Market Maker1,23,600 shares
5.01%
Minimum Application Lots
Retail2 Lots (2,400 shares)
₹2,40,000
sHNI3 Lots (3,600 shares)
₹3,60,000
bHNI9 Lots (10,800 shares)
₹10,80,000
Company Promoters
Mr. Shailehsbhai Ratibhai PipaliyaMrs. Hansaben Shailehsbhai PipaliyaMr. Jay Shailehskumar Pipaliya
Company Background
Riddhi Display Equipments Limited, incorporated in 2006, is engaged in the manufacturing and supply of innovative display equipment solutions, including display counters, kitchen equipment, and refrigeration equipment. The company emphasizes delivering high-quality products and services to cater to diverse industries such as retail, advertising, and exhibiti...
Lead Managers & Bankers
Financial Performance
Figures in ₹ CroresMetric Breakdown
Revenue
Latest (Jul-25)₹11.23 Cr
Growth-36.0%
Revenue Trend (₹ in Crores)
Key Performance Indicators (KPIs)
Peer Comparison & Valuation
Financial Performance
Riddhi Display Equipments Limited
NAV/Share (₹)19.42
RONW(%)16.18
EPS (Basic) (₹)3.24
Valuation
Ice Make Refrigeration Limited
P/E(X)52.21
CMP* (₹)0
Face value (₹)10.00
Riddhi Display Equipments Limited
P/E(X)0
CMP* (₹)0
Face value (₹)10.00
Broker & Analyst Reviews
Review Not Available
Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.
IPO Allotment & Registrar Status
Official Registrar: Maashitla Securities Private Limited
Allotment Finalized
Allotment Date
11 Dec 2025Official Status
Out / FinalizedRegistrar
Maashitla Securities Private LimitedListing Date
15 Dec 2025Official Allotment Verification Links
Official Registrar Portal
Maashitla Securities Private Limited
Direct allotment verification on the official registrar portal appointed for Riddhi Display Equipments. Check with PAN or Application No.
Stock Exchange Portal
BSE India Investor Portal
Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.
Allotment Schedule & Milestones
IST1. Allotment Finalization11 Dec 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 Dec 2025Trading commences on exchange
How to Check Riddhi Display Equipments Allotment Online
1Open Portal
Click on the official registrar link or BSE portal button above.
2Select Company
Select Riddhi Display Equipments from the issue drop-down list.
3Enter Details
Select PAN, Application No., or DP Client ID and type your details.
4View Allocation
Click Submit to check your allotted share count and status.
Prospectus & Official Filings
Allotment FAQs & Help
About Riddhi Display Equipments IPO
Complete issue overview for Riddhi Display Equipments (RDEL) IPO. The issue features an equity share price band of ₹95 – ₹100 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.