Readymix Construction Machinery IPO subscription started on Monday, February 6, 2025, and will close on February 10, 2025, as per the schedule. The price band is set at ₹121 to ₹123 per share with a face value of ₹10.
Readymix Construction Machinery IPO Subscription Status
Readymix Construction Machinery IPO Subscribed over 4.61x on its Last day till 5.00 PM on 10th February 2025.
- Readymix Construction Machinery IPO subscription QIB investors portion is 5.1 times, while NII subscribed 4.76 times and RII investors subscribed 4.26 times.
- The company has received bids for 93,87,000 shares against 20,37,000 shares on offer on the Last day of subscription.
- Readymix Construction Machinery IPO subscribed over 1.64x on its second day.
- Readymix Construction Machinery IPO subscribed over 0.98x on its First day.
About Readymix Construction Machinery Company
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 Financial Report
The company reported revenue of ₹69.84 crore in 2024 against ₹55.01 crore in 2023. The company reported a profit of ₹9.28 crores in 2024 against a profit of 2.78 crores in 2023.
Readymix Construction Machinery IPO GMP:
Readymix Construction Machinery IPO GMP was ₹5 as of Monday, 10th February 2025. That indicates the IPO is trading at ₹128 with ₹5 premium in the grey market against the issue price of ₹123.
