A Oneindia Venture

Readymix Construction Machinery Ltd. IPO

Min Investment
₹ 1,23,000 / 1000 shares
Price Range
₹121 - ₹ 123
Bidding Dates
6 Feb '25 - 10 Feb '25
Total Issue Value
37.66 Cr
Lot Size
1,000
Total Issue Size
37.66 Cr
Listing At
NSE SME
Subscription
4.38 times
NSE Price
116.00 (-5.69%)

IPO Timeline

  • 6 Feb 2025
    Bidding Starts
  • 10 Feb 2025
    Bidding Ends
  • 11 Feb 2025
    Allotment Finalization
  • 13 Feb 2025
    Listing

About Readymix Construction Machinery Ltd.

We are an engineering-led company, offering engineering solutions for design, development, fabrication and installation of various plant & machineries along with related equipments like Dry Mix Mortar Plant, Support equipment for Readymix Concrete Plant, Highcapacity Silos, Artificial Sand ... Read more

Parent organisation
Founded
Readymix Construction Machinery Ltd.
2024

Readymix Construction Machinery Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 8,71,000 (28.45%)
Market Makers 1,54,000 (5.03%)
Non Institutional Investors 4,37,000 (14.27%)
Qualified Institutional Buyers (QIBs) 5,82,000 (19.01%)
Retail Individual Investors (RIIs) 10,18,000 (33.25%)

Readymix Construction Machinery Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 73.50 Cr 9.34 Cr 50.16 Cr
31 Mar 2024 69.84 Cr 9.28 Cr 18.29 Cr
31 Mar 2023 55.01 Cr 2.78 Cr 8.96 Cr

Readymix Construction Machinery Ltd. Background

Major Events And Milestones
  • 2012
    Incorporation of the Company.
    Takeover of the running business of Partnership firm in the name and style of M/s Readymix Construction Machinery through a Business Purchase Agreement, which was dissolved vide dissolution deed dated February 12, 2015.
  • 2023
    Crossed Revenue of ?50 crores
  • 2024
    Conversion of Company from Private Limited to Limited Company i.e. Readymix Construction Machinery Limited.
Readymix Construction Machinery Ltd. Object of Issues

1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
2. To Meet Working Capital Requirement
3. General Corporate Purpose

Readymix Construction Machinery Ltd. IPO Listing Details
Listing Date
13 Feb 2025
NSE Symbol
READYMIX
ISIN
INE10QL01011
Final Issue Price
₹ 123
Readymix Construction Machinery Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 123.00
Open - ₹ 123.00
Low - ₹ 116.85
High - ₹ 123.00
Last Trade - ₹ 116.85
Readymix Construction Machinery Ltd. Company Promoters

1. Anand Suresh Watve
2. Atul Jagannath Kulkarni
3. Prashant Balasaheb Kanikdale
4. Shubhangi Rohit Deo

Industry Overview

Market size for the Indian Construction Equipment Market stood at US$ 7.2 billion in FY23 and is forecasted to grow at a CAGR of 15% for next five years, as per the estimates of CII. The construction equipment industry is expected to sell 165,097 units by 2028. The machine tools market is ... Read more

Readymix Construction Machinery Ltd. Contact Details
Address: Office No. 401, 3rd and 4th Floor, Plot No. 209, Survey No. 96/2B, Right Bhusari Colony, Paud Road, Kothrud, Pune Maharashtra - 411038
Phone no:25289212
25289212
|
Readymix Construction Machinery Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Readymix Construction Machinery Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Readymix Construction Machinery Ltd. IPO opens and closes?

Readymix Construction Machinery Ltd. IPO opens from 6th February to 10th February 2025.

What is the size of Readymix Construction Machinery Ltd. IPO?

The size of the Readymix Construction Machinery Ltd. IPO is ₹37.66 Cr.

What is the price range of Readymix Construction Machinery Ltd. IPO?

The price range of Readymix Construction Machinery Ltd. IPO is at ₹121 to ₹123 per share.

What is the minimum investment and lot size required for the Readymix Construction Machinery Ltd. IPO?

The minimum investment required is ₹1,23,000 and minimum lot size is 1000 shares.

When is Readymix Construction Machinery Ltd. IPO listing date?

The Readymix Construction Machinery Ltd. IPO will be listed on 13th February 2025.

What is the objective of Readymix Construction Machinery Ltd. IPO?

1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
2. To Meet Working Capital Requirement
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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