Readymix Construction Machinery Limited
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
Price Band₹121 - ₹123 |
Dates06 Feb - 10 Feb |
GMP₹0 (0.00%) |
Subscriptions4.68 times |
Issue Size₹37.66 Crs |
Readymix Construction Machinery IPO Objects
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company.
- To Meet Working Capital Requirement
- General Corporate Purpose
Readymix Construction Machinery IPO Details
Price Band₹121 - ₹123 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹37.66 Cr (0.31 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹37.66 Cr (0.31 Cr Shares) |
Face Value₹10 per equity share |
Readymix Construction Machinery IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,23,000
Maximum
1
1,000
1,23,000
|
|||
| NII |
Minimum
2
2,000
2,46,000
|
|||
Readymix Construction Machinery IPO Subscription
Updated as on 10-Feb-2025 19:00:17 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 5.10 | 5,82,000 | 29,70,000 |
| NII | 5.11 | 4,37,000 | 22,35,000 |
| Retail | 4.26 | 10,18,000 | 43,36,000 |
| Total | 4.68 | 20,37,000 | 95,41,000 |
Readymix Construction Machinery IPO GMP
The estimated Grey Market Premium of Readymix Construction Machinery IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 1,54,000 EQ Share |
Readymix Construction Machinery IPO Financials
| 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 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| 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.
Readymix Construction Machinery IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Readymix Construction Machinery IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Anand Suresh Watve | 27.63% |
| Atul Jagannath Kulkarni | 26.87% |
| Atul Jagannath Kulkarni | 33.33% |
| Shubhangi Rohit Deo | 0.13% |
| Other Promoter | 12.03% |
Management Details
| Name | Designation |
|---|---|
| Anand Suresh Watve | Chairman & MD |
| Shubhangi Rohit Deo | CFO |
Company Details
Name : Readymix Construction Machinery Limited
Address : Office No. 401, 3rd and 4th Floor, Plot No. 209, Survey No. 96/2B, Paud Road, Right Bhusari Colony, Kothrud, Pune-411038, Maharashtra, India.
Number : 20-25289212
Email : cs@rcmpl.co.in
Website : www.rcmpl.co.in
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Find answers to common questions that come in your mind related to IPO.
Readymix Construction Machinery IPO is a SME IPO having an issue size of Rs. ₹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.
Readymix Construction Machinery IPO opens on 06 Feb 25 and closes on 10 Feb 25.
The estimated Grey Market Premium of Readymix Construction Machinery IPO is ₹0 per share (0.00%).
The minimum lot size of Readymix Construction Machinery IPO is 1000 shares & the minimum application amount is Rs. 123000.
The allotment date of Readymix Construction Machinery IPO is 11 Feb 25.
The listing date of Readymix Construction Machinery IPO is 13 Feb 25.
Readymix Construction Machinery IPO is subscribed 4.68 times.
Readymix Construction Machinery IPO is priced at ₹121 - ₹123 per share.
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