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Riddhi Display Equipments IPO

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Price Band₹95.00–₹100.00
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹24.68 Cr
AllotmentNO DATA

IPO Objectives

Riddhi Display Equipments IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Capital 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
2Capital expenditure towards purchase of new equipment/machineries/softw are etc. for upgradation of existing Manufacturing Unit of the Company located at Gondal, Rajkot₹3.79 Cr
3Capital expenditure towards setting up of Showroom at Gondal, Rajkot₹1.43 Cr
4Funding working capital requirements of the Company₹9.74 Cr
5General Corporate Purposes₹3.42 Cr
6Issue Expenses₹2.17 Cr
7Total₹25.51 Cr