Readymix Construction SME IPO



For Market’s Latest Update Join Us on Telegram


Objective of the Issue

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

  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.

IPO Details, Price, Market Lot

Readymix Construction SME IPO Details
IPO Open Date 6 February 2025
IPO Close Date 10 February 2025
IPO Issue Size 30,62,000 Shares (Aggregating up to ₹37.66 Cr)
Fresh Issue 30,62,000 Shares (Aggregating up to ₹37.66 Cr)
Offer for Sale NIL
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE SME
Readymix Construction SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹121 to ₹123 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Readymix Construction SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 1,000 Shares
Minimum Lot Size 1 Lot (1,000 Shares)
Minimum Amount (Cut-off price) ₹1,23,000
Maximum Lot Size 1 Lot (1,000 Shares)
Maximum Amount (Cut-off price) ₹1,23,000
Readymix Construction SME IPO Market Lot For HNI
No. of Shares Per Lot 1,000 Shares
Minimum Lot Size 2 Lots (2,000 Shares)
Minimum Amount (Cut-off price) ₹2,46,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 6 February 2025
IPO Close Date 10 February 2025
Basis of Allotment Date 11 February 2025
Initiation of Refunds 12 February 2025
Credit of Share to Demat Account 12 February 2025
IPO Listing Date 13 February 2025

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
31 December 2024 5,243.04 3,550.02 104.41 1,979.67
31 March 2024  3,896.64 6,984.48 928.48 1,875.26
31 March 2023 3,215.54 5,500.94 277.95 942.52
31 March 2022 3,015.82 4,783.43 132.77 663.37
Period Ended 31 Dec. 2024 31 March 2024 31 March 2023 31 March 2022
Assets 5,243.04 3,896.64 3,215.54 3,015.82
Revenue 3,550.02 6,984.48 5,500.94 4,783.43
P A T 104.41 928.48 277.95 132.77
Net Worth 1,979.67 1,875.26 942.52 663.37
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Anand Suresh Watve, Atul Jagannath Kulkarni, Prashant Balasaheb and Shubhangi Rohit Deo are the promoters of the company.

Pre Issue Promotor Holding 100.00%
Post Issue Promotor Holding 72.06%

Company Address

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: https://www.rcmpl.co.in/

IPO Registrar, Lead Manager, Prospectus

Readymix Construction SME IPO Prospectus
Readymix Construction SME IPO Registrar
Bigshare Services Pvt Ltd
Readymix Construction SME IPO Lead Manager
Hem Securities Limited
Scroll to Top