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 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 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.
