IPO Schedule
1
Open
8 Dec
2
Close
10 Dec
3
Allotment
-
4
Listing
15 Dec
Riddhi Display Equipments IPO
Issue:₹100
List:₹80
CMP:₹39.2
BSELot: 1200SME
LISTEDSME
Issue Price₹100
Listing₹80
Current₹39.2
Content
About Riddhi Display Equipments
Riddhi Display Equipments specializes in manufacturing and supplying display and storage solutions, primarily for the retail sector. They offer a range of products including shelving systems, racks, and customized display units, catering to diverse retail formats.
Subscription Status
QIB
1.00x
NII
0.00x
Retail
0.04x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 2.19x | 1.00x | 1.00x |
| NII | 1.92x | 0.29x | 0.00x |
| Retail | 7.95x | 0.80x | 0.04x |
| Total | 4.91x | 0.55x | 0.03x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
•Dependence on the retail sector makes the company vulnerable to economic downturns and changes in consumer spending patterns.
•Competition from other display equipment manufacturers could impact market share and profitability.