Readymix Construction Machinery Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Having completed its public offering, Readymix Construction Machinery Limited's is now listed and trading on the NSE exchange as of Feb 13, 2025. The IPO raised cumulative capital of 30,62,000 Shares, including 30,62,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹121 to ₹123 and minimum investment requirement of 1000 shares. subscription activity between Feb 06, 2025 and Feb 10, 2025 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Feb 11, 2025 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 2012, Readymix Construction Machinery Limited provides complete solutions for construction equipment needs. The company designs, manufactures, and installs machinery such as dry mix mortar plants, concrete support systems, silos, artificial sand plants, and wall putty plants. It offers turnkey services covering planning, fabrication, installation, testing, and after-sales maintenance. Along with equipment, Readymix provides consultancy in design, engineering, and technology to help improve efficiency. With a team of 111 skilled professionals as of July 31, 2024, the company continues to focus on innovation and quality to meet diverse industrial requirements.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Range of Products – The company provides a variety of products, including Dry Mix Mortar Plants, concrete plant support systems, high-capacity silos, artificial sand plants, and wall putty plants, meeting different construction needs.
- Serving Multiple Industries – The company supports industries like construction, infrastructure, and manufacturing, reducing reliance on a single market and ensuring steady growth.
- Reliable After-Sales Support – A strong service team offers repair, maintenance, installation assistance, and expert advice, ensuring customer satisfaction and lasting partnerships.
- Supplier Dependency: Relying on a few key suppliers in one region for raw materials can disrupt the supply chain, affecting operations and finances.
- Customer Concentration Risk: A large part of the company’s revenue comes from a few major customers. Losing any of them could impact business stability and cash flow.
- Design & Engineering Risks: The company depends on its design and engineering teams for accurate estimates. Mistakes or inefficiencies could lead to lower profits and project delays.
- Anand Suresh Watve
- Atul Jagannath Kulkarni
- Prashant Balasaheb
- Shubhangi Rohit Deo
Readymix Construction Machinery Limited
Bigshare Services Private Limited