Mumbai, Dec. 15 -- The scrip was listed at Rs 80, a 20% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 80 and a low of Rs 76. About 13,000 shares of the company changed hands at the counter.

Riddhi Display Equipments' IPO was subscribed 4.72 times. The issue opened for bidding on 8 December 2025 and it closed on 10 December 2025. The price of the IPO was fixed between Rs 95 to Rs 100 per share.

The IPO comprised a fresh issue of 24,68,400 equity shares. The promoter and promoter shareholding diluted to 71.43% from 99.99% pre-IPO.

The company intends to utilize the net proceeds for capital expenditure towards interior work and...