Riddhi Display SME
Riddhi Display SME
Riddhi Display Equipments Limited, established in 2006, designs and manufactures customized solutions for commercial kitchens and bakery setups. Its three main verticals are Display Counters (refrigerated, heated, and ambient), Commercial Kitchen Equipment, and Commercial Refrigeration Equipment. The company caters to clients in the retail, food service (hotels, restaurants, cafes), and healthcare industries, providing high-quality, cost-efficient products from its manufacturing facility in Gondal, Gujarat.
Investment Timeline
🤖 Smart Analysis
*AI score is algorithmic and for educational purposes only.
🎯 Application Strategy
Action: ⛔ AVOID - Better opportunities available elsewhere
Lots: NOT RECOMMENDED
⏳ Timing Advice
📊 Monitor subscription trends before applying
Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of Manufacturing cum assembly Unit at Lucknow, Uttar Pradesh (₹4.97 Cr).
- Capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot (₹3.79 Cr).
- Capital expenditure towards setting up of Showroom at Gondal, Rajkot (₹1.43 Cr).
- Funding working capital requirements (₹9.74 Cr).
- General Corporate Purpose.
Frequently Asked Questions
What is the current GMP of Riddhi Display SME?
What is the AI Prediction for Riddhi Display SME?
When will the allotment for Riddhi Display SME be announced?
What is the listing date for Riddhi Display SME?
Liability Disclaimer: Ipofly.com is an informational platform. We are not SEBI registered. The information provided here (including GMP and AI analysis) is for educational purposes only and should not be considered financial advice. Investments in the stock market are subject to market risks. Please consult your financial advisor before investing.