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Open
6 Feb 2025
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Close
10 Feb 2025
3
Allotment
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Listing
Thu, Feb 13, 2025
Price Band
₹121 to ₹123
Issue Size
30,62,000 shares (agg. up to ₹38 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Feb 13, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.22x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 52.43 | 38.97 | 32.16 | 30.16 |
| Total Income | 35.50 | 69.84 | 55.01 | 47.83 |
| Profit After Tax | 1.04 | 9.28 | 2.78 | 1.33 |
| NET Worth | 19.80 | 18.75 | 9.43 | 6.63 |
| Reserves and Surplus | 11.90 | 18.29 | 8.96 | 6.17 |
| Total Borrowing | 16.68 | 7.90 | 7.60 | 4.68 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Fabtech Technologies Cleanrooms Ltd. | SME | ₹27.74 Cr | ₹85 | 13.31 | ₹169.57 | +99.49% | ₹369.00 (-4.17%) |
| Boss Packaging Solutions Ltd. | SME | ₹8.41 Cr | ₹66 | 20.72 | ₹86.60 | +31.21% | ₹34.15 (+2.40%) |
| Kataria Industries Ltd. | SME | ₹54.57 Cr | ₹96 | 15.18 | ₹191.50 | +99.48% | ₹101.90 (+2.46%) |
| Prizor Viztech Ltd. | SME | ₹25.15 Cr | ₹87 | 12.17 | ₹173.55 | +99.48% | ₹819.00 (-0.26%) |
| Energy-Mission Machineries (India) Ltd. | SME | ₹41.15 Cr | ₹138 | 14.58 | ₹384.25 | +178.44% | ₹124.00 (-2.05%) |
| Faalcon Concepts Ltd. | SME | ₹12.09 Cr | ₹62 | 16.85 | ₹90.25 | +45.56% | ₹40.21 (-1.81%) |
| Vruddhi Engineering Works Ltd. | SME | ₹4.76 Cr | ₹70 | 17.13 | ₹74.55 | +6.50% | ₹226.00 (+0.78%) |
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹31.95 (-2.44%) |
| Standard Glass Lining Technology Ltd. | Mainboard | ₹410.05 Cr | ₹140 | 43.04 | ₹163.35 | +16.68% | ₹135.98 (-2.85%) |
| Mamata Machinery Ltd. | Mainboard | ₹179.35 Cr | ₹243 | 15.3 | ₹630.00 | +159.26% | ₹386.30 (+1.72%) |
| Gala Precision Engineering Ltd. | Mainboard | ₹167.93 Cr | ₹529 | 23.95 | ₹757.15 | +43.13% | ₹1,182.00 (-1.75%) |
| DEE Development Engineers Ltd. | Mainboard | ₹418.01 Cr | ₹203 | 83 | ₹335.32 | +65.18% | ₹691.75 (-2.74%) |
| JNK India Ltd. | Mainboard | ₹649.47 Cr | ₹415 | 43.32 | ₹694.55 | +67.36% | ₹477.15 (-3.84%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 5.25 |
| 2 | To Meet Working Capital Requirement | 24.05 |
| 3 | General Corporate Purposes | 4.77 |
| 4 | Issue expenses | 3.59 |
| Total | 37.66 |
About Readymix Construction Machinery IPO
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, batch
Contact Details
Readymix Construction Machinery Ltd. AddressOffice No.401, 3rd and 4th Floor, Plot No.209Survey No.96/2B, Paud Road, Right Bhusari ColonyKothrudPune, Maharashtra, 411038+91-20-25289212cs@rcmpl.co.inVisit Website