Readymix Construction Machinery Limited IPO
NSE SMEListed On: Feb 13, 2025 at ₹ 123.0
₹ 246000 /2000 Shares
*Min Investment
06 Feb, 2025
Open Date10 Feb, 2025
Close Date11 Feb, 2025
Allotment Date13 Feb, 2025
Listing DateReadymix Construction Machinery IPO Issue Details
- Issue Price ₹121-123 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,62,000 shares(aggregating up to ₹37.66 crore)
- Fresh Share 30,62,000 shares(aggregating up to ₹37.66 crore)
- Listing at NSE SME
- List Price 123.0
- Listing Date 2025-02-13
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,23,000 |
| Retail(max) | 1 | 1000 | ₹1,23,000 |
| NII (min) | 2 | 2,000 | ₹2,46,000 |
Readymix Construction Machinery IPO Reservation
Readymix Construction Machinery IPO offers total 30,62,000 shares. Out of which 5,82,000 (19.01%) allocated to QIB, 4,37,000 (14.27%) allocated to NII,10,18,000 (33.25%) allocated to RII, NA (NA%) allocated to employees and 8,71,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,71,000 (28.45%) | |
| Market Maker Shares Offered | 1,54,000 (5.03%) | |
| QIB Shares Offered | 5,82,000 (19.01%) | |
| NII (HNI) Shares Offered | 4,37,000 (14.27%) | |
| Retail Shares Offered | 10,18,000 (33.25%) | |
| Total Shares Offered | 30,62,000 (100%) |
Readymix Construction Machinery IPO Details
Readymix Construction Machinery Limited IPO is an SME IPO, priced at ₹121-123 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,62,000 equity shares, aggregating up to ₹37.66 crores..
The IPO bidding window is open from Feb 6, 2025 to Feb 10, 2025. The allotment is expected to be finalized on Feb 11, 2025, and the tentative listing date is Feb 13, 2025.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,23,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,46,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Readymix Construction Machinery IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,82,000 / 4,37,000 | 10,18,000 | 20,37,000 |
Day 1 06-02-25 06:00 PM | 0.84 / 1.31 x | 0.94 x | 0.99 x |
Day 2 07-02-25 06:00 PM | 1.96 / 1.28 x | 1.63 x | 1.65 x |
Day 3 10-02-25 06:00 PM | 5.10 / 5.11 x | 4.26 x | 4.68 x |
Readymix Construction Machinery Valuations
Readymix Construction Machinery Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 38.97 | 32.16 | 30.16 |
| Revenue | 69.84 | 55.01 | 47.83 |
| Profit After Tax | 9.28 | 2.78 | 1.33 |
| Net Worth | 18.75 | 9.43 | 6.63 |
| Reserves & Surplus | 18.29 | 8.96 | 6.17 |
| Total Borrowing | 7.9 | 7.6 | 4.68 |
About Readymix Construction Machinery Company
Readymix Construction Machinery Limited, a multidisciplinary manufacturer and supplier, was established in 2012 in the construction equipment industry.
Engineering solutions in designing, developing, fabricating, and installing plant machinery and equipment are offered by the company. Some of the products offered by the company include Dry Mix Mortar Plants, concrete plant support, silos, and customized projects.
The services range from conceptualization, development, fabrication, testing, and installation to after-sales services, including repair and maintenance for plant machinery and equipment.
The company offers consultancy services for businesses, such as design, engineering, technology solutions, support with equipment installation, and recipe consultancy to enhance performance, minimize cost, and efficiency.
Readymix Construction Machinery - Promoter(s)
Anand Suresh Watve
Atul Jagannath Kulkarni
Prashant Balasaheb
Shubhangi Rohit Deo
Pre Issue Share Holding : 100%
Post Issue Share Holding : 72.06%
Readymix Construction Machinery IPO - Issue Objectives
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company.
To Meet Working Capital Requirement
General Corporate Purpose
Contact Details
Readymix Construction Machinery
Office No. 401, 3rd and 4th Floor, Plot No. 209, Survey No. 96/2B, Paud Road, Right Bhusari Colony, Kothrud, Pune-411038
+91-20-25289212
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Readymix Construction Machinery IPO - FAQs
Ans. Readymix Construction Machinery Limited IPO is a SME IPO. The issue is priced at ₹121-123 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 6, 2025, and closes on Feb 10, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Readymix Construction Machinery Limited IPO opens on Feb 6, 2025 and closes on Feb 10, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Readymix Construction Machinery Limited IPO is 30,62,000 shares(aggregating up to ₹37.66 Cr).
Ans. The Readymix Construction Machinery Limited IPO price band is set between ₹121-123 per equity share.
Ans. To apply for Readymix Construction Machinery Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Readymix Construction Machinery Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Readymix Construction Machinery Limited IPO is Feb 11, 2025.
Ans. The Readymix Construction Machinery Limited IPO will be listed on Feb 13, 2025.
Ans. Follow the steps to check the Readymix Construction Machinery Limited IPO allotment status online.
