Riddhi Display SME IPO Subscription Status
Riddhi Display SME IPO closed on 10 December 2025 with an overall subscription of 4.97x based on shares applied. QIB demand came in at 2.19x, NII at 2.02x, and retail at 7.95x.
Allotment will be finalised on 11 December 2025. The stock is scheduled to list on NSE and BSE on 15 December 2025.
Issue Price
Rs 100.00
GMP Today
Rs 1.00 (+1.00%)
Overall Subscription
4.97x
Issue Size
₹23.45 Cr
Allotment Date
11 Dec 2025
Listing Date
15 Dec 2025
Riddhi Display SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 100.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 25.20 L | Rs 55.20 L | 2.19x |
| FII | - | Rs 55.20 L | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | Rs 11.56 Cr | Rs 23.39 Cr | 2.02x |
| bNII (above Rs 10L) | Rs 7.70 Cr | Rs 13.48 Cr | 1.75x |
| Corporate | - | Rs 1.34 Cr | - |
| Individual | - | Rs 12.13 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.85 Cr | Rs 9.91 Cr | 2.57x |
| Corporate | - | Rs 3.60 L | - |
| Individual | - | Rs 9.78 Cr | - |
| Other | - | Rs 9.60 L | - |
| IND | Rs 11.64 Cr | Rs 92.50 Cr | 7.95x |
| Fixed price | - | Rs 92.50 Cr | - |
| Total | Rs 23.45 Cr | Rs 116.44 Cr | 4.97x |
Riddhi Display SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 21 | 2 | 0.10x |
| FII | - | 2 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | 321 | 365 | 1.14x |
| bNII (above Rs 10L) | 214 | 113 | 0.53x |
| Corporate | - | 2 | - |
| Individual | - | 111 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 107 | 252 | 2.36x |
| Corporate | - | 1 | - |
| Individual | - | 250 | - |
| Other | - | 1 | - |
| IND | 485 | 3,854 | 7.95x |
| Fixed price | - | 3,854 | - |
| Total | 827 | 4,221 | 5.10x |
What Do These Subscription Numbers Mean?
A subscription of 4.97x by shares means the IPO received bids for 5 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 2.19x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 2.19x, it reflects serious institutional conviction.
NII at 1.14x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.53x and sNII at 2.36x by applications. Share subscription was 2.02x. Allotment uses application count, not share volume.
At 7.95x subscription by applications, approximately 1 in 8 retail applicants can expect an allotment (~13% per application). Retail allotment is done by lottery when oversubscribed.
Riddhi Display SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 7.95x.
- •Allotment odds: about 1 in 8 (~13% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 2.36x.
- •Allotment odds: about 1 in 2 for a minimum-lot application (~42% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.53x.
- •Share subscription was 1.75x. Allotment uses application count, not share volume.
Check the Riddhi Display SME IPO Allotment Status page from 11 December 2025 for your allotment result.
Riddhi Display SME IPO GMP After Subscription
GMP for Riddhi Display SME stands at Rs 1.00 today, giving an estimated listing price of Rs 101.00 per share.
A subscription of 4.97x combined with a GMP of 1.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Riddhi Display SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Riddhi Display SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Dec 2025 | 1.00x | 0.00x | 0.04x | 0.03x |
| Day 2 - 9 Dec 2025 | 1.00x | 0.29x | 0.80x | 0.55x |
| Day 3 - 10 Dec 2025 | 2.19x | 1.92x | 7.95x | 4.91x |
Riddhi Display SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 December 2025 |
| IPO Close Date | 10 December 2025 |
| Allotment Date | 11 December 2025 |
| Refund Initiation | 12 December 2025 |
| Share Credit to Demat | 12 December 2025 |
| Listing Date | 15 December 2025 |
| Minimum Investment | Rs 2,40,000.00 |
| Lot Size | 1200 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Riddhi Display SME IPO Subscription FAQs
What is Riddhi Display SME IPO subscription status today?
Riddhi Display SME IPO subscription closed on 10 December 2025 with overall subscription of 4.97x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 2.19x, NII 1.14x, IND 7.95x.
What is the overall subscription of Riddhi Display SME IPO?
Riddhi Display SME IPO is subscribed 4.97x overall by shares at close on 10 December 2025. QIB 2.19x, NII 1.14x, and IND 7.95x.
What is Riddhi Display SME IPO QIB subscription?
Riddhi Display SME IPO QIB (Qualified Institutional Buyers) subscription is 2.19x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Riddhi Display SME IPO IND subscription?
Riddhi Display SME IPO IND subscription is 7.95x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Riddhi Display SME IPO NII subscription?
Riddhi Display SME IPO NII (Non-Institutional Investors) subscription is 1.14x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Riddhi Display SME IPO for retail?
At 7.95x subscription by applications, approximately 1 in 8 retail applicants can expect an allotment (~13% per application). Allotment is done by lottery.
When is Riddhi Display SME IPO allotment date?
Riddhi Display SME IPO allotment date is 11 December 2025. Check Riddhi Display SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Riddhi Display SME IPO subscription close?
Riddhi Display SME IPO subscription closed on 10 December 2025. No new applications are accepted after the close.
What is Riddhi Display SME IPO GMP today?
Riddhi Display SME IPO GMP is ₹1 today (+1.00% over issue price ₹100). See live GMP on the Riddhi Display SME IPO GMP Today page.
What is Riddhi Display SME IPO issue price and lot size?
Riddhi Display SME IPO issue price is ₹100 per share. Lot size is 1200 shares. Minimum investment is ₹2,40,000 per lot (minimum 2 lots for SME). Issue size: ₹23.45 Cr.
When is Riddhi Display SME IPO listing date?
Riddhi Display SME IPO listing date is 15 December 2025 on NSE and BSE. Allotment is on 11 December 2025.
How does subscription affect Riddhi Display SME IPO allotment?
Allotment odds in Riddhi Display SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 1.14x by applications means roughly 1 in 1 for minimum-lot bids. At 4.97x overall, competition is moderate.
For allotment results from 11 December 2025, visit the Riddhi Display SME IPO Allotment Status page. For listing day updates on 15 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.