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Readymix Construction Machinery Ltd IPO: Complete Details & Subscription Updates

Readymix Construction Machinery Ltd IPO

Readymix Construction Machinery Ltd

Readymix Construction Machinery Ltd IPO is a renowned company in the construction equipment sector, specializing in manufacturing high-quality ready-mix concrete machinery. The company has built a strong reputation for its advanced technology, reliability, and commitment to innovation.

In 2025, Readymix Construction Machinery Ltd is launching its Initial Public Offering (IPO), providing investors with an exciting opportunity to be part of its growth journey.

Readymix Construction Machinery Ltd IPO

Readymix Construction Machinery Ltd IPO Details

The Readymix Construction Machinery Ltd IPO is a Public Issue (Book Building) with a total issue size of ₹37.66 crores. Below are the key details:

IPO Summary

Details

Information

IPO Open Date

February 6, 2025

IPO Close Date

February 10, 2025

Lot Size

1,000 Shares

Minimum Investment

₹123,000

Issue Price

₹121 – ₹123 per share

Listing Date

February 13, 2025

Listing On

NSE

Issue Size

₹37.66 Crores

Total Shares Offered

3,062,000

Face Value

₹10 per share

IPO Type

Public Issue (Book Building)

 

Readymix Construction Machinery Ltd IPO Key Dates

Event

Date

IPO Opening Date

February 6, 2025

IPO Closing Date

February 10, 2025

Basis of Allotment

February 11, 2025

Initiation of Refunds

February 12, 2025

Credit of Shares to Demat

February 12, 2025

IPO Listing Date

February 13, 2025

 

Readymix Construction Machinery Ltd IPO Subscription Status

As of February 7, 2025, the subscription data is as follows:

Investor Category

Subscription Times

Qualified Institutional Buyers (QIB)

1.96x

Retail Individual Investors (RII)

1.61x

Non-Institutional Investors (NII)

1.2x

Others

0x

Total Subscription

1.59x

 

Day-Wise Subscription Data

Date

QIB

RII

NII

Total

Day 1 (06-02-2025)

0.84x

0.89x

0.97x

0.9x

Day 2 (07-02-2025)

1.96x

1.61x

1.2x

1.59x

Readymix Construction Machinery Ltd IPO

Readymix Construction Machinery Ltd IPO Reservation

Share Allocation Details

Investor Category

Shares Offered

Percentage

Anchor Investors

871,000

28.45%

Non-Institutional Investors (NII)

437,000

14.27%

Qualified Institutional Buyers (QIB)

582,000

19.01%

Retail Individual Investors (RII)

1,018,000

33.25%

Total Shares Offered

3,062,000

100%

Should You Invest in Readymix Construction Machinery Ltd IPO?

Investing in Readymix Construction Machinery Ltd IPO could be a lucrative opportunity, given the company’s strong position in the construction sector. Here are some key factors to consider:

✅ Established Reputation – Known for high-quality construction machinery.
✅ Growing Industry – Increasing demand for ready-mix concrete solutions.
✅ IPO Pricing & Valuation – Reasonable price band of ₹121-₹123 per share.
✅ Subscription Demand – Strong QIB and retail investor interest.

However, investors should conduct their own research and consider market conditions before making a decision.

Conclusion:

The Readymix Construction Machinery Ltd IPO presents an exciting investment opportunity for those looking to enter the growing construction machinery sector. With a competitive IPO price band, strong investor interest, and a well-established market presence, the company is poised for potential growth in the stock market.

🚀 Mark your calendars! The IPO closes on February 10, 2025, and will be listed on NSE on February 13, 2025.

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