The market share of Capital goods industry in India is expected to increase from US$ 52.98 billion in 2022 to US$ 125 billion by 2027, implying a robust CAGR of 11.68%
State subsidies and incentives have played a key role in industry’s development
Privatisation of capital goods industry in major countries have improved competitiveness
Strong government focus imminent for development of capital goods industry
Revenue | ₹25.03 cr | ₹33.66 cr (+34.48%) | |
PAT | ₹5.62 cr | ₹8.01 cr (+42.53%) | |
PAT Margin | 22.45 % | 23.80 % (+6.01%) | |
EBITDA | ₹6.91 cr | ₹3.18 cr (-53.98%) | |
EBITDA Margin | 27.61 % | 28.34 % (+2.64%) | |
ROE | 54.25 % | 21.60 % (-60.18%) | |
ROCE | 58.40 % | 17.50 % (-70.03%) | |
D/E | 1.04 | 0.70 (-32.69%) |
The products manufactured by Riddhi DIsplay Equipments can be classified under following business verticals, viz.:
1. Display Counters - - Under this vertical the Company manufactures and supplies various display counters.
2. Commercial Kitchen Equipments - Under this vertical the Company manufactures and supplies commercial kitchen equipments.
3. Commercial Refrigeration Equipments – Under this vertical the Company manufactures and supplies Commercial Refrigeration Equipments to Restaurants, Bakeries, Sweet Shops, Ice Cream/Dairy Industry etc.
PE Ratio: 14.40x Average Sector PE Ratio: 18.46x
Application | Lot | Shares | Amount |
---|
Avg IPO Size (Sector Based):
₹ 36.34 cr.
Average Sector PE Ratio:
18.46 X
Listing Price:
₹ [●]
Riddhi Display Equipments is engaged in the business of manufacturing and supply of Display Counter, Kitchen Equipments and Refrigeration Equipments. The Company carries its operations from its manufacturing facility located at Plot No.1, Survey No.2/1 P4/P2, National Highway-27 Gondal Highway, Village Bhojpara, Rajkot, Gondal, Gujarat 360311. The Company is ISO 9001:2015 certified and is led by an experienced board of directors, and a professional and experienced management team with extensive experience manufacturing of Display counters, Refrigeration Equipments and Kitchen Equipment. Further the company has obtained an ETL Certification as an “Authorization of Mark” in accordance with the Statndards of Export in USA and Canada.The Company is primarily engaged in creating innovative and tailormade solutions for commercial kitchen and bakery setup requirements. The Company offers customized display equipment for Sweet, Bakery, Namkeen, Fast-food, Chat, Dry Fruit, Snacks, Panipuri (Gol Gappa), Sweet Corn, Ice-cream and Shrikhand. The products manufacture by them are supplied to Restaurants, Food Courts, Cafes, Retail Shops, Super Markets, Ice Cream Parlours, Cake & Pastry Shops, etc
Jawa Capital Services Private Limited, based in New Delhi is the Lead Manager (BRLM) of Riddhi Display IPO. Jawa Capital Services Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Jawa Capital Services Private Limited .
Riddhi Display Equipments IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Riddhi Display Equipments Financial Review Page
Merchant Banker(s) of Riddhi Display Equipments IPO: Jawa Capital Services Private Limited
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 100.00.
The current market price of Riddhi Display Equipments is .
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