Readymix Construction Machinery Limited IPO is opening on 6 February 2025 and will run until 10 February 2025. This SME IPO will be raising ₹37.66 crore from a fresh issue of 30.62 lakh equity shares.
The Readymix Construction Machinery IPO allotment date will be finalized on Tuesday, 11 February 2025. Readymix Construction Machinery shares will probably be listed on NSE SME on Thursday, 13 February 2025.
Readymix Construction Machinery IPO price band has been set between ₹121 to ₹123 per share. The IPO lot size is 1000 per application which makes the minimum retail investment ₹123000. For the HNIs, it is 2 lots that are 2000 shares as the minimum subscription requirement which is worth ₹246000.
Readymix Construction Machinery NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 6, 2025 |
| IPO Closing Date | February 10, 2025 |
| Tentative IPO Listing Date | February 13, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹121 ₹123 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 3062000 Shares (₹37.66 Cr) |
| Fresh Issue | 3062000 Shares (₹37.66 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 7896500 shares |
| Share Holding Post-Issue | 10958500 shares |
Readymix Construction Machinery Limited | Company Overview
Readymix Construction Machinery Limited is a manufacturer and supplier of different construction equipment. This was established in the year 2012 and currently offers the following solutions –
- Designing, Developing, Fabricating, and Installation of plant machinery and equipment
- End-to-end turnkey solutions which include conceptualisation, development, testing, fabrication, installations, and even after-sales services.
- It also offers consultancy services, for technology solutions, equipment installation, engineering, designing, and others to reduce the cost of the projects and optimize profits
Product Range
- Dry Mix Mortar Plant
- Support equipment for Readymix concrete plant
- High-capacity Silos
- Artificial Sand Plant
- Wall Putty Plant
- Service & consultancy
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Readymix Construction Machinery Limited IPO | Key Details
- Readymix Construction Machinery IPO Opening Date: February 6, 2025,
- Readymix Construction Machinery IPO Closing Date: February 10, 2025.
- Allotment Date: February 11, 2025
- Price Band: ₹121 To ₹123 per share
- Lot Size: 1000 shares
- Refunds Initiated: February 12, 2025
- Shares Credited to Demat: February 12, 2025
- Listing Date: February 13, 2025
Readymix Construction Machinery Ltd: Financial Overview
Readymix Construction Machinery Limited’s profits in FY24 rose by 233.81% while revenue was just up by 26.96%.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 38.97 | 32.16 | 6.81 | 21.17537313 |
| Revenue | 69.84 | 55.01 | 14.83 | 26.95873478 |
| Profit After Tax | 9.28 | 2.78 | 6.5 | 233.8129496 |
| Net Worth | 18.75 | 9.43 | 9.32 | 98.83351007 |
| Reserve & Surplus | 18.29 | 8.96 | 9.33 | 104.1294643 |
| Total Borrowing | 7.9 | 7.6 | 0.3 | 3.947368421 |
Readymix Construction Machinery Ltd IPO | FAQs
Readymix Construction Machinery Ltd is engaged in manufacturing and supplying different construction equipment and also offers services regarding installation, and other solutions.
The tentative IPO listing date of Readymix Construction Machinery has been fixed as Thursday, February 13, 2025.
The bidding date for the Readymix Construction Machinery IPO is February 6 2025, and it will continue until February 10 2025.
The minimum IPO lot size for Readymix Construction Machinery is 1000 shares and for HNIs, it is 2 lots or 2000 shares.
The IPO allotment is expected to be finalized on Tuesday, February 11, 2025.
The IPO face value is set at ₹10 per share.
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