Allotment

Readymix Construction Machinery is launching an IPO through a book-building issue of ₹37.66 crore, comprising entirely a fresh issue of 0.31 crore shares. The proceeds from the issue will be used by the company to fund growth and business expansion initiatives.
Issue Details
The price band for the IPO is set at ₹123 per share. The lot size for an application is 1,000 shares, and investors can bid for a minimum of 1,000 shares and in multiples thereof. Retail investors can invest a minimum of ₹1,23,000 (based on the upper price), while High Net Worth Individuals (HNIs) must invest in 2 lots (2,000 shares) totaling ₹2,46,000.
Timeline
The IPO opened on February 6, 2025, and closed on February 10, 2025. The allotment was finalized on February 11, 2025, and the shares were subsequently listed on NSE SME on February 13, 2025.
Key Participants
Hem Securities Ltd. acted as the Book Running Lead Manager, Bigshare Services Pvt. Ltd. is the Registrar of the Issue, and Hem Finlease Pvt. Ltd. serves as the Market Maker, ensuring liquidity and smooth trading post-listing.
₹1230%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 13 Feb |
| IPO Listing Date | 13 Feb |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹123.00 |
| IPO Issue Size | 30,62,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 78,96,500 shares |
| IPO Open Date | 6 Feb |
| IPO Close Date | 10 Feb |
| IPO Allotment (Tentative) | 11 Feb |
| Refunds | 12 Feb |
| Credit to Demat Account | 12 Feb |
| IPO Listing Date | 13 Feb |
| Category | Offer |
|---|---|
| QIB Shares Offered | 14,53,000 Shares |
| NII (HNI) Shares Offered | 4,37,000 Shares |
| Retail Shares Offered | 10,18,000 Shares |
Investors may apply for a minimum of 1,000 shares and in multiples of 1,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,23,000 |
| Retail (Max) | 1 | 1,000 | ₹1,23,000 |
| S-HNI (Min) | 2 | 2,000 | ₹2,46,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in 2012, Readymix Construction Machinery Limited is a multidisciplinary manufacturer and supplier in the construction equipment sector. The company provides engineering solutions for designing, developing, fabricating, and installing plant machinery and equipment, serving diverse construction applications.
Business Operations
Readymix Construction Machinery delivers end-to-end turnkey solutions, covering conceptualization, development, fabrication, testing, installation, and after-sales services, including repair and maintenance. In addition, the company offers business consultancy services, such as design, engineering, technology solutions, installation support, and recipe optimization, helping clients enhance performance, reduce costs, and improve operational efficiency.
Product Portfolio
The company’s product portfolio includes:
Dry Mix Mortar Plants for masonry, plastering, and tile applications.
Support Equipment for Readymix Concrete Plants, including aggregate bins, mixers, conveyors, and storage silos.
High-Capacity Silos for bulk material storage.
Artificial Sand Plants to produce high-quality construction sand.
Wall Putty Plants for smooth finishes and crack-filling applications.
Service & Consultancy, offering engineering support and recipe optimization.
Workforce and Competitive Strengths
As of December 31, 2024, the company employs 114 professionals. Its key strengths include a diversified product range, service to a wide range of industries, a dedicated after-sales network, established customer relationships across geographies, and an experienced promoter and management team supported by a skilled design and development team.
| Assets | 52.43 | 38.97 | 32.16 |
| Total Income | 35.5 | 69.84 | 55.01 |
| Profit After Tax | 1.04 | 9.28 | 2.78 |
| EBITDA | - | - | - |
| 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 |
| ROE | 65.90% |
| ROCE | 48.96% |
| Debt/Equity | 0.42 |
| RoNW | 49.51% |
| PAT Margin | 13.30% |
| EBITDA Margin | - |
| Price to Book Value | 5.18 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 24.05 |
| 3 | To meet out the General Corporate Purposes; | 4.77 |
| 4 | Offer for Sale (OFS) | - |
Readymix Construction Machinery Ltd. Address
Office No. 401, 3rd and 4th Floor, Plot No. 209,
Survey No. 96/2B, Paud Road, Right Bhusari Colony,
Kothrud
Pune, Maharashtra, 411038
+91-20-25289212
cs@rcmpl.co.in
http://www.rcmpl.co.in/
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html