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Readymix Construction Machinery Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.123.00
Issue Size:
Rs.37.66 Cr
Lot Size:
1 shares
Open Date:
February 6
Readymix Construction Machinery Limited IPO Overview
Bidding Dates
February 6 - February 10
Min Investment
₹123
Price Range
₹123.00
Issue Size
₹37.66 Cr
IPO DRHP Doc
Company Overview
Readymix Construction Machinery Limited, established in 2012, specializes in manufacturing and supplying construction equipment. They provide engineering solutions, turnkey services, and business consultancy to optimize performance and efficiency. The company has a diverse product portfolio and employs 111 people as of July 31, 2024.
IPO Timeline
Opens
Feb 6
Closes
Feb 10
Allotment
Feb 11
Refunds
Feb 12
Shares Credit
Feb 12
Listing
Feb 13
Opens
Feb 6
Closes
Feb 10
Allotment
Feb 11
Refunds
Feb 12
Shares Credit
Feb 12
Listing
Feb 13
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 5.10x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 4.76x | Oversubscribed |
| RII (Retail Individual Investors) | 4.26x | Oversubscribed |
| Total Subscription | 4.61x | Oversubscribed |
Last updated: Feb 10, 2025, 06:21 PM
Current GMP:
No Premium
Est. Listing:
Rs.123
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹38.97 Cr | ₹38.97 Cr | ₹32.16 Cr | ₹30.16 Cr |
| Net Worth | ₹18.75 Cr | ₹18.75 Cr | ₹9.43 Cr | ₹6.63 Cr |
| Profit After Tax | ₹9.28 Cr | ₹9.28 Cr | ₹2.78 Cr | ₹1.33 Cr |
| Reserves and Surplus | ₹18.29 Cr | ₹18.29 Cr | ₹8.96 Cr | ₹6.17 Cr |
| Revenue | ₹69.84 Cr | ₹69.84 Cr | ₹55.01 Cr | ₹47.83 Cr |
| Total Borrowing | ₹7.9 Cr | ₹7.9 Cr | ₹7.6 Cr | ₹4.68 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Diversified product portfolio serving industries like cement, concrete, and construction.
- Dedicated after-sales network offering maintenance and quick spare parts replacement.
- Established customer relationships in India and Nepal, with a focus on domestic markets.
- Revenue from multiple geographical locations, including Maharashtra, Telangana, and Goa.
- Experienced promoters and management with 15 to 30 years of industry experience.
- Strong design and development team for customized product solutions.
IPO Details
Readymix Construction IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 30,62,000 shares (aggregating up to ₹37.66 Cr) |
| IPO Date | February 6, 2025 to February 10, 2025 |
| Issue Price | ₹123 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | February 13, 2025 |
| Lot Size | 1,000 Shares |
| Share Holding Post Issue | 1,09,58,500 shares |
| Share Holding Pre Issue | 78,96,500 shares |
| Total Issue Size | 30,62,000 shares (aggregating up to ₹37.66 Cr) |
Readymix Construction IPO Reservation
Share Reservation Distribution
Retail
1,018,000 shares (33.25%)
Anchor Investors
871,000 shares (28.45%)
QIB
582,000 shares (19.01%)
HNI (NII)
437,000 shares (14.27%)
Market Maker
154,000 shares (5.03%)
Readymix Construction IPO Promoter Holding
| Share Holding Post Issue | 72.06% |
| Share Holding Pre Issue | 100.00% |
Readymix Construction IPO Listing Details
| ₹123 per share |
| February 13, 2025 |
| INE10QL01011 |
| READYMIX |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹123.00 |
| High | ₹123.00 |
| Last Trade | ₹116.85 |
| Low | ₹116.85 |
| Open | ₹123.00 |
Key Dates
Open Date:February 6
Close Date:February 10
Listing Date:February 13
