Readymix Construction Machinery IPO Date, Review, Price, Allotment Details

Readymix Construction Machinery IPO open date is February 6, 2025 and the IPO will close on February 10, 2025. Readymix Construction Machinery IPO is a Book Built Issue. The company to raise around ₹37.66 crores via IPO that comprises fresh issue of ₹37.66 crores and offer for sale up to [] equity shares with face value of ₹10 each.

Readymix Construction Machinery IPO price band is ₹121 to ₹123 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Readymix Construction Machinery IPO to list on NSE on February 13, 2025. The allotment of Readymix Construction Machinery IPO date is February 11, 2025.

The company reported revenue of ₹69.84 crores in 2024 against ₹55.01 crore in 2023. The company reported profit of ₹9.28 crores in 2024 against profit of ₹2.78 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Readymix Construction Machinery IPO Details

IPO Open Date:February 6, 2025
IPO Close Date:February 10, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹121 to ₹123 Per Share
Issue Size:Approx ₹37.66 Crores
Fresh Issue:Approx ₹37.66 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Readymix Construction Machinery IPO Market Lot

The Readymix Construction Machinery IPO minimum market lot is 1000 shares with ₹1,23,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹1,23,000
Retail Maximum11000₹1,23,000
HNI Minimum22,000₹2,46,000

Readymix Construction Machinery IPO Dates

The Readymix Construction Machinery IPO date is February 6, 2025 and the close date is February 10, 2025. The Readymix Construction Machinery IPO allotment will be finalized on February 11, 2025 and the IPO listing on February 13, 2025.

IPO Open Date:February 6, 2025
IPO Close Date:February 10, 2025
Basis of Allotment:February 11, 2025
Refunds:February 12, 2025
Credit to Demat Account:February 12, 2025
IPO Listing Date:February 13, 2025

Promoters of Readymix Construction Machinery IPO

The promoters of the company are Anand Suresh Watve, Atul Jagannath Kulkarni, Prashant Balasaheb and Shubhangi Rohit Deo.

About Readymix Construction Machinery IPO

Readymix Construction Machinery (RMX) is a top manufacturer and supplier in terms of the construction equipment industry. Established in Pune in 2008, this firm has a good range of construction machinery for various applications, and also they focus on delivering high-quality equipment to support construction projects efficiently and effectively. Further, this private limited has an amazing and expert team of engineers and technicians who are highly dedicated to designing and manufacturing efficient and reliable construction solutions. To receive customer satisfaction they are highly alert in offering a wide range of sales support. Financially, this company has a satisfactory revenue portion of ₹69.84, which is an increase from ₹55.01 crores in 2023 and profit is also good increased ₹9.28 crores in 2024, compared to ₹2.78 crores in 2023.

Readymix Construction Machinery IPO Company Financial Report

The company reported revenue of ₹69.84 crores in 2024 against ₹55.01 crore in 2023. The company reported profit of ₹9.28 crores in 2024 against profit of 2.78 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹47.83₹46.00₹1.33₹30.16
2023₹55.01₹51.29₹2.78₹32.16
2024₹69.84₹57.52₹9.28₹38.97
December 2024₹35.5₹34.01₹1.04₹52.43

Readymix Construction Machinery IPO Valuation – FY2024

Check Readymix Construction Machinery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:65.90%
ROCE:48.96%
EBITDA Margin:19.57%
PAT Margin:13.30%
Debt to equity ratio:0.42
Earning Per Share (EPS):₹11.76 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):49.51%
Net Asset Value (NAV):₹23.75

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NA– Cr.
NA– Cr.

Objects of the Issue

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

Readymix Construction Machinery IPO Review

  • IPO Watch – Avoid
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  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
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Readymix Construction Machinery IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

Readymix Construction Machinery Limited
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/

Readymix Construction Machinery IPO FAQs

What is Readymix Construction Machinery IPO?

Readymix Construction Machinery IPO is a SME IPO. The company is going to raise ₹37.66 Crores via IPO. The issue is priced at ₹121 to ₹123 per equity share. The IPO is to be listed on NSE.

When Readymix Construction Machinery IPO will open for subscription?

The IPO is to open on February 6, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 10, 2025.

What is Readymix Construction Machinery IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Readymix Construction Machinery IPO?

You can apply for Readymix Construction Machinery IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Readymix Construction Machinery IPO Issue Size?

Readymix Construction Machinery IPO issue size is ₹37.66 crores.

What is Readymix Construction Machinery IPO Price Band?

Readymix Construction Machinery IPO Price Band is ₹121 to ₹123.

What is Readymix Construction Machinery IPO Lot Size?

The minimum bid is 1000 Shares with ₹1,23,000 amount.

What is the Readymix Construction Machinery IPO Allotment Date?

Readymix Construction Machinery IPO allotment date is February 11, 2025.

What is the Readymix Construction Machinery IPO Listing Date?

Readymix Construction Machinery IPO listing date is February 13, 2025. The IPO is to list on NSE & SME.

Note: The Readymix Construction Machinery IPO price band and date are officially announced. The (Readymix Construction Machinery IPO grey market premium) will be added to the IPO GMP page as it will start).
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