Readymix Construction IPO GMP Today, Date, Price, Subscription Status 

Readymix Construction IPO Overview

Hem Securities Limited is the book running lead manager of the Readymix Construction IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Readymix Construction IPO is Hem Finlease Private Limited.

Refer to Readymix Construction IPO RHP for detailed information.

Readymix Construction IPO Important dates

Readymix Construction IPO opens on February 6, 2025, and closes on February 10, 2025.

IPO Open Date	Thursday, February 6, 2025
IPO Close Date	Monday, February 10, 2025
Basis of Allotment	Tuesday, February 11, 2025
Initiation of Refunds	Wednesday, February 12, 2025
Credit of Shares to Demat	Wednesday, February 12, 2025
Listing Date	Thursday, February 13, 2025
Cut-off time for UPI mandate confirmation	5 PM on February 10, 2025

Readymix Construction IPO Financial Performance

Readymix Construction IPO Key Performance Indicator

The market capitalization of Readymix Construction IPO is Rs 134.79 Cr.

KPI as of Sun, Mar 31, 2024.

Readymix Construction IPO Objectives

The Company intend to utilize the proceeds of the Issue to meet the following objects:

1. Repayment and/or pre-payment, in full or part, of borrowing availed by the Company.
2. To Meet Working Capital Requirement
3. General Corporate Purpose

Readymix Construction IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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
Lot Size Calculator

Readymix Construction IPO Details

IPO Date	February 6, 2025 to February 10, 2025
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹121 to ₹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 shares Hem Finlease Private Limited

Readymix Construction IPO Company Overview and Services

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

Readymix Construction IPO SWOT Analysis

Strengths:

• Diversified Product Range: Readymix Construction offers a wide variety of construction machinery, catering to different needs within the industry.
• Wide Industry Reach: They serve a broad range of sectors, including cement, concrete, construction, and building materials, reducing reliance on any single industry.
• Established Customer Relationships: The company has built relationships with customers across various geographic locations, indicating a solid foundation.
• Experienced Management: The presence of an experienced management team can be a significant asset for navigating the complexities of the business.
• Strong Financial Performance: Recent financial data suggests positive revenue and profit growth, which can be attractive to investors.

Weaknesses:

• Dependence on Construction Sector: While diversification exists, the company’s performance is still closely tied to the overall health of the construction industry, which can be cyclical.
• Competition: The construction machinery industry is likely competitive, and Readymix Construction needs to maintain its edge.
• Pricing Pressure: Depending on the market dynamics, the company might face pressure on pricing, impacting profitability.
• Working Capital Requirements: Manufacturing businesses often require significant working capital, which can be a challenge to manage.

Opportunities:

• Infrastructure Development: Government focus on infrastructure projects can create increased demand for construction machinery.
• Growing Urbanization: Rapid urbanization and development in emerging economies present a significant opportunity for the company’s products.
• Technological Advancements: Adopting new technologies and innovations can help Readymix Construction improve efficiency and offer better products.
• Export Potential: Expanding into new markets through exports can increase the company’s revenue and reach.

Threats:

• Economic Downturn: A slowdown in the economy can negatively impact the construction sector, reducing demand for machinery.
• Rising Input Costs: Increases in raw material prices or other input costs can squeeze profit margins.
• Regulatory Changes: Changes in environmental or safety regulations could require investments in new technologies or processes.
• Competition: Intense competition can lead to price wars and reduced market share.

Important Considerations:

• Financials: Thoroughly analyze the company’s financial statements, including revenue growth, profitability, debt levels, and cash flow.
• Management Team: Evaluate the experience and track record of the management team.
• Industry Trends: Understand the trends in the construction machinery industry, including technological advancements and market dynamics.
• Competitive Landscape: Assess the company’s competitive position and its ability to maintain its market share.

Readymix Construction IPO GMP Details

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Readymix Construction IPO Subscription Status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Readymix Construction IPO Allotment status 

Readymix Construction IPO allotment is expected on Tuesday, February 11, 2025.

Readymix Construction IPO allotment status is not available at this time. Readymix Construction IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Readymix Construction Machinery Limited IPO allotment status.

Readymix Construction IPO Contact Details

Readymix Construction Machinery Limited
Office No. 401, 3rd and 4th Floor, Plot No. 209,
Survey No. 96/2B, Paud Road, Right Bhusari Colony,
Kothrud, Pune-411038
Phone: +91-20-25289212
Email: cs@rcmpl.co.in
Website: http://www.rcmpl.co.in/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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