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Readymix Construction Machinery IPO
3.52xsubscribed

Readymix Construction Machinery IPO

Engineering - Construction
listed
₹1.21LMin. investment

Readymix Construction Machinery Limited IPO Details

SectorEngineering - Construction
Price range₹121 – ₹123
IPO type
SME
Lot size1000 shares
Issue size₹37Cr
Red Herring Prospectus
Read
Market cap
₹134.79CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹69.79CrLower than sector avg
Growth rate3Y CAGR
13.43%Higher than sector avg

Readymix Construction Machinery IPO Subscription Status

Date
QIB
NII
Retail
Total
06-Feb-25
0.84 times (X)
0.0 times (X)
0.92 times (X)
0.7 times (X)
07-Feb-25
1.96X
0.0X
1.61X
1.37X
10-Feb-25
5.1X
0.0X
4.12X
3.52X

As on 06-Feb-25, 5:30 PM

Readymix Construction Machinery IPO Timeline

  1. Pre-apply
    4 Feb 2025
  2. Bid start
    6 Feb 2025
  3. Bid end
    10 Feb 2025
  4. Allotment
    11 Feb 2025
  5. Release of funds
    12 Feb 2025
  6. Demat transfer
    12 Feb 2025
  7. Listing
    13 Feb 2025

About Readymix Construction Machinery Limited

Founded in 2012, Readymix Construction Machinery Limited specializes in designing, developing, and installing industrial plants and machinery, including Dry Mix Mortar Plants, High-Capacity Silos, and Wall Putty Plants. The company provides end-to-end solutions, from conceptualization to after-sales support. With expertise in cement, concrete, and construction industries, Readymix operates from Pune, serving over 200 clients in India and abroad. The company focuses on innovation, research, and development to stay ahead in the machinery sector.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Readymix Construction Machinery Limited IPO

Working capital requirements
63.86%
The company will allocate ₹24.05 Cr for its own working capital needs.
Repayment of borrowings
13.94%
₹5.25 Cr will be spent towards repayment or pre-payment of borrowing availed by the company.
General corporate purposes
Not assigned
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹69.79Cr13.43%₹9.28Cr₹134.79Cr11.760.42
This sector (avg.)₹2,186.73Cr0.03%₹107.3Cr₹5,580.04Cr39.871.33
₹2,55,547.01Cr---₹17,687.39Cr₹5,40,931.7Cr33.291.36
₹19,923.02Cr---₹1,281.52Cr₹71,599.59Cr63.030.57
₹7,062Cr---₹6,480.68Cr₹25,092.05Cr3.811.04

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Readymix Construction Machinery IPO Contact Details

Company NameReadymix Construction Machinery Limited

How to apply for Readymix Construction Machinery IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Readymix Construction Machinery Limited IPO FAQs