Readymix Construction Machinery Limited

Readymix Construction Machinery Limited

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹121 - ₹123

Total Issue

₹37.66 Cr

Bid Dates

06 Feb - 10 Feb

Subscription

4.68x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Readymix Construction Machinery is an engineering-driven company specializing in end-to-end solutions for the design, development, fabrication, and installation of industrial plants and machinery. Their offerings include Dry Mix Mortar Plants, equipment for Ready-Mix Concrete Plants, high-capacity silos, artificial sand (crusher) plants, wall putty plants, and other customized industrial projects.

They serve a wide range of industries such as cement, concrete, crushing, and construction materials. The company handles complete turnkey projects—from concept to commissioning—including testing, logistics, on-site installation, and comprehensive after-sales services like repair and maintenance

Lot Info

Lot Information for Readymix Construction Machinery IPO
Category Lots Shares Amount
Individual (Min) 1 1,000 ₹1,23,000
Individual (Max) 1 1,000 ₹1,23,000
S-HNI (Min) 2 2,000 ₹2,46,000
S-HNI (Max) 8 8,000 ₹9,84,000
B-HNI (Min) 9 9,000 ₹11,07,000
Market Maker
1,54,000 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹37.66 Cr
Fresh Issue
₹37.66 Cr (0.31 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹123
Est. Gain 0.00%

Readymix Construction Machinery IPO Peer Comparison

  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Readymix Construction Machinery IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 35.49 69.79 55.00 47.82
Profit after Tax 1.04 9.28 2.78 1.33
Net Worth 19.80 18.75 9.43 6.63
Total Borrowing 16.68 7.90 7.60 4.68
Total Assets 52.43 38.97 32.16 30.16
NAV per share (in ₹) 25.07 23.75 11.94 8.40
EPS - Basic (in ₹) 1.32 11.76 3.52 1.68

KPIs

EBITDA

1,365.95

PAT

928.48

ROE

65.90%

ROCE

48.96%

PE Ratio

10.46

PB Ratio

5.18

Mkt Cap (in Crs.)

134.79

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

12.03%

Public

87.97%

Anand Suresh Watve 27.63%
Atul Jagannath Kulkarni 26.87%
Atul Jagannath Kulkarni 33.33%
Shubhangi Rohit Deo 0.13%

Management

Anand Suresh Watve Chairman & MD
Shubhangi Rohit Deo CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 10-Feb-2025 19:00:17 hrs

Category Sub (x) Offered Bids
QIB 5.10x 5,82,000 29,70,000
NII 4.76x 4,37,000 20,81,000
Retail 4.26x 10,18,000 43,36,000
Total 4.61x 20,37,000 93,87,000

Frequently Asked Questions

What is Readymix Construction Machinery IPO?
Readymix Construction Machinery IPO is a SME IPO having an issue size of ₹37.66 Crs. Readymix Construction Machinery IPO is priced at ₹121 - ₹123 per share. The issue opens on 06 Feb 25 and closes on 10 Feb 25.
When will Readymix Construction Machinery IPO open?
Readymix Construction Machinery IPO opens on 06 Feb 25 and closes on 10 Feb 25.
What is the GMP of Readymix Construction Machinery IPO?
The estimated Grey Market Premium of Readymix Construction Machinery IPO is ₹0 per share (0.00%).
What is the lot size of Readymix Construction Machinery IPO?
The minimum lot size of Readymix Construction Machinery IPO is 1000 shares & the minimum application amount is Rs. 123000.
When is the allotment of Readymix Construction Machinery IPO?
The allotment date of Readymix Construction Machinery IPO is 11 Feb 25.
What is the listing date of Readymix Construction Machinery IPO?
The listing date of Readymix Construction Machinery IPO is 13 Feb 25.
What is the subscription of Readymix Construction Machinery IPO?
Readymix Construction Machinery IPO is subscribed 4.68 times.
What is the price band of Readymix Construction Machinery IPO?
Readymix Construction Machinery IPO is priced at ₹121 - ₹123 per share.
How to check allotment status of Readymix Construction Machinery IPO?
Click the allotment link on Readymix Construction Machinery IPO page of IPO360.
How to apply Readymix Construction Machinery IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Readymix Construction Machinery IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Readymix Construction Machinery IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Readymix Construction Machinery IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date