Readymix Construction Machinery Limited IPO

NSE SME

Listed On: Feb 13, 2025 at ₹ 123.0

₹ 123000 /1000 Shares

Check Allotment

Readymix Construction Machinery IPO Details

06 Feb, 2025

Open Date

10 Feb, 2025

Close Date

11 Feb, 2025

Allotment Date

13 Feb, 2025

Listing Date

Issue Price

₹121-123 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

123.0

Listing Date

2025-02-13

Market Lot

1000 Shares (₹123,000/-)

Lead Manager

Hem Securities Limited

Issue Size

30,62,000 shares(aggregating up to ₹37.66 Cr)

Retail Portion

35%

Subscription

4.68 times

IPO Docs

DRHP RHP

The IPO of Readymix Construction Machinery is priced at ₹121-123 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Readymix Construction Machinery IPO bid opening date is from Feb 6, 2025 and the bid closing date was Feb 10, 2025.
Readymix Construction Machinery IPO allotment result will be available on Feb 11, 2025. The tentative listing date for Readymix Construction Machinery is Feb 13, 2025.

The total issue size is 30,62,000 shares(aggregating up to ₹37.66 Cr).

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

Total No. of Applications: 4,626 (Approx)

Readymix Construction Machinery Valuations

EPS Pre IPO

₹11.76/-

EPS Post IPO

₹8.47/-

P/E Pre IPO

10.46

P/E Post IPO

14.52

ROE

65.90%

ROCE

48.96%

Debt/Equity

0.42

RoNW

49.51%

PAT Margin

13.30

Price to Book Value

5.18

Readymix Construction Machinery Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.06%

Company Promoter(s)

Anand Suresh Watve
Atul Jagannath Kulkarni
Prashant Balasaheb
Shubhangi Rohit Deo

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

Other Details

Company 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

Phone: +91-20-25289212

Email: cs@rcmpl.co.in

Website: http://www.rcmpl.co.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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. The size of Readymix Construction Machinery Limited IPO is 30,62,000 shares(aggregating up to ₹37.66 Cr).

Ans. The IPO price band is set between ₹121-123 per equity share.

Ans. To apply for Readymix Construction Machinery Limited IPO 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 allotment status for Readymix Construction Machinery Limited IPO here.