Riddhi Display Equipments Ltd. IPO

The Company was originally incorporated as ‘Riddhi Display Equipments Private Limited’, a Private limited company, under the provisions of the Companies Act, 1956, with a certificate of incorporation issued under the hand of the Assistant Registrar of Companies, Gujarat, Dadar and ... Nagar Haveli, dated on January 12, 2006. Subsequently, the Company was converted from a private limited company into a public limited company, pursuant to a resolution passed in the extraordinary general meeting of the Shareholders held on October 10, 2024, and consequently, the name of the Company was changed to “Riddhi Display Equipments Limited”, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 21, 2024, was issued by Registrar of Companies, Central Processing Centre. The Corporate Identification Number of the company is U29300GJ2006PLC047501. the Company is promoted by Mr. Shaileshbhai Ratibhai Pipaliya, Ms. Hansaben Shaileshbhai Pipaliya and Mr. Jay Shaileshkumar Pipaliya. The Company 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 led by an experienced board of directors, professional, and experienced management team with extensive experience manufacturing of Display counters, Refrigeration Equipments and Kitchen Equipment. Further, the manufacturing facility has been duly certified in accordance with international standards of quality management systems such ISO 9001:2015 for the scope of Design, Manufacture & Supply of Display Equipment, Kitchen Equipment & Refrigeration. Further, the Company has Certificate of Compliance issued by Progressive International Certifications Ltd. England, with respect to compliance with Directive 98/37/EC for its product, viz., display counter for food products (hot, cold and normal), refrigeration equipments, and kitchen equipments, and Authorization to Mark (“ETL Mark”) for few of its models of Refrigerators and Freezers. Read more

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