Readymix Construction IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 06 to Feb 10 2025
Price Band
₹123
Current GMP
₹123(0.00%)
Subscription
4.61 times
IPO Details
| IPO Date | February 6, 2025 to February 10, 2025 |
| Listing Date | February 13, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹123 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 30,62,000 shares (aggregating up to ₹37.66 Cr) |
| Fresh Issue | 30,62,000 shares (aggregating up to ₹37.66 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 78,96,500 shares |
| Share Holding Post Issue | 1,09,58,500 shares |
| Market Maker Portion | 1,54,000 sharesHem Finlease Private Limited |
IPO Date
February 6, 2025 to February 10, 2025
Listing Date
February 13, 2025
Face Value
₹10 per share
Issue Price
₹123 per share
Lot Size
1,000 Shares
Total Issue Size
30,62,000 shares (aggregating up to ₹37.66 Cr)
Fresh Issue
30,62,000 shares (aggregating up to ₹37.66 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share Holding Pre Issue
78,96,500 shares
Share Holding Post Issue
1,09,58,500 shares
Market Maker Portion
1,54,000 sharesHem Finlease Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 5.1 |
| Non-Institutional Buyers*** | 4.76 |
| Retail Investors | 4.26 |
| Total ** | 4.61 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
5.1
Non-Institutional Buyers***
4.76
Retail Investors
4.26
Total **
4.61
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Feb 6, 2025 | 0.84 | 1.31 | 0.94 | 0.99 |
| Day 2 Feb 7, 2025 | 1.96 | 1.28 | 1.63 | 1.65 |
| Day 3 Feb 10, 2025 | 5.1 | 4.76 | 4.26 | 4.61 |
DayDay 1
Feb 6, 2025
QIB0.84
NII*1.31
Retail0.94
Total0.99
DayDay 2
Feb 7, 2025
QIB1.96
NII*1.28
Retail1.63
Total1.65
DayDay 3
Feb 10, 2025
QIB5.1
NII*4.76
Retail4.26
Total4.61
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 13-02-2025 | 123.00 | 0(0.00%) | 123 |
| 12-02-2025 | 123.00 | 0(0.00%) | 123 |
| 11-02-2025 | 123.00 | 0(0.00%) | 123 |
| 10-02-2025 | 123.00 | 0(0.00%) | 123 |
| 09-02-2025 | 123.00 | 0(0.00%) | 123 |
| 08-02-2025 | 123.00 | 0(0.00%) | 123 |
| 07-02-2025 | 123.00 | 0(0.00%) | 123 |
| 06-02-2025 | 123.00 | 9(7.32%) | 132 |
| 05-02-2025 | 123.00 | 9(7.32%) | 132 |
| 04-02-2025 | 123.00 | 12(9.76%) | 135 |
| 03-02-2025 | 123.00 | 0(0.00%) | 123 |
| 02-02-2025 | 123.00 | 0(0.00%) | 123 |
| 01-02-2025 | 123.00 | 0(0.00%) | 123 |
| 31-01-2025 | 123.00 | 0(0.00%) | 123 |
Date13-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date12-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date11-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date10-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date09-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date08-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date07-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date06-02-2025
Price123.00
GMP9(7.32%)
Estimate List Price132
Date05-02-2025
Price123.00
GMP9(7.32%)
Estimate List Price132
Date04-02-2025
Price123.00
GMP12(9.76%)
Estimate List Price135
Date03-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date02-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date01-02-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
Date31-01-2025
Price123.00
GMP0(0.00%)
Estimate List Price123
IPO Important Dates
| IPO Open Date | Thu, Feb 6, 2025 |
| IPO Close Date | Mon, Feb 10, 2025 |
| Tentative Allotment | Tue, Feb 11, 2025 |
| Initiation of Refunds | Wed, Feb 12, 2025 |
| Credit of Shares to Demat | Wed, Feb 12, 2025 |
| Tentative Listing Date | Thu, Feb 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 10, 2025 |
IPO Open Date
Thu, Feb 6, 2025
IPO Close Date
Mon, Feb 10, 2025
Tentative Allotment
Tue, Feb 11, 2025
Initiation of Refunds
Wed, Feb 12, 2025
Credit of Shares to Demat
Wed, Feb 12, 2025
Tentative Listing Date
Thu, Feb 13, 2025
Cut-off time for UPI mandate confirmation
5 PM on February 10, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,23,000 |
| Retail (Max) | 1 | 1000 | ₹1,23,000 |
| HNI (Min) | 2 | 2,000 | ₹2,46,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹1,23,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹1,23,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹2,46,000
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 52.43 | 38.97 | 32.16 |
| Revenue | 35.5 | 69.84 | 55.01 |
| Profit After Tax | 1.04 | 9.28 | 2.78 |
| Net Worth | 19.8 | 18.75 | 9.43 |
| Reserves and Surplus | 11.9 | 18.29 | 8.96 |
| Total Borrowing | 16.68 | 7.9 | 7.6 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 202452.43
31 Mar 202438.97
31 Mar 202332.16
Period EndedRevenue
31 Dec 202435.5
31 Mar 202469.84
31 Mar 202355.01
Period EndedProfit After Tax
31 Dec 20241.04
31 Mar 20249.28
31 Mar 20232.78
Period EndedNet Worth
31 Dec 202419.8
31 Mar 202418.75
31 Mar 20239.43
Period EndedReserves and Surplus
31 Dec 202411.9
31 Mar 202418.29
31 Mar 20238.96
Period EndedTotal Borrowing
31 Dec 202416.68
31 Mar 20247.9
31 Mar 20237.6
IPO Reservation
| Anchor Investor Shares Offered | 8,71,000 (28.45%) |
| Market Maker Shares Offered | 1,54,000 (5.03%) |
| QIB Shares Offered | 5,82,000 (19.01%) |
| NII (HNI) Shares Offered | 4,37,000 (14.27%) |
| Retail Shares Offered | 10,18,000 (33.25%) |
| Total Shares Offered | 30,62,000 (100%) |
Anchor Investor Shares Offered
8,71,000 (28.45%)
Market Maker Shares Offered
1,54,000 (5.03%)
QIB Shares Offered
5,82,000 (19.01%)
NII (HNI) Shares Offered
4,37,000 (14.27%)
Retail Shares Offered
10,18,000 (33.25%)
Total Shares Offered
30,62,000 (100%)
Information about company
Incorporated in 2012, Readymix Construction Machinery Limited is a multidisciplinary manufacturer and supplier in the construction equipment sector.
The company offers engineering solutions for designing, developing, fabricating, and installing plant machinery and equipment, including Dry Mix Mortar Plants, concrete plant support, silos, and customized projects.
The company provides end-to-end turnkey solutions, including conceptualization, development, fabrication, testing, installation, and after-sales services such as repair and maintenance for plant machinery and equipment.
The company offers business consultancy services, including design, engineering, technology solutions, equipment installation support, and recipe consultancy to optimize performance, reduce costs, and enhance efficiency.
Product Portfolio: The product portfolio comprises of various plant & machineries.
Dry Mix Mortar Plant: Designed to produce pre-mixed mortar for construction applications like masonry, plastering, and tile fixing, enhancing strength and durability.
Support Equipments for Readymix Concrete Plant: They provides concrete plants equipped with components like aggregate bins, storage silos, batching units, mixers, and conveyors for large-scale construction projects.
High-capacity Silos: They provides high-capacity silos for storing bulk materials like gypsum, cement, and lime, ensuring a continuous supply and preventing project delays.
Artificial Sand Plant: They provides artificial sand plants that process sand, removing impurities to produce high-quality sand for construction and other industries.
Wall Putty Plant: They provides wall putty, a pre-mixed blend of cement, fillers, polymers, and additives, used for smooth finishes and crack filling.
Service & Consultancy: Offers business consultancy services, including design, engineering, technology solutions, installation support, and recipe optimization for improved efficiency and performance.
As of December 31, 2024, the Company has 114 employees.
Competitive Strengths:
Offer a diversified range of Products
Catering to wide range of industries
Dedicated after-sales network
Established relationships with customers across various geographical locations
Experienced Promotors & Management team backed by design and development team
Objectives of IPO
The Company intend to utilize the proceeds of the Issue to meet the following objects:
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company.
To Meet Working Capital Requirement
General Corporate Purpose
Disclaimer
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