Readymix Construction Machinery IPO aims to raise Rs 37.66 Crores through this offering, with a fresh issue of 30,62,000 Equity Shares (Entirely Fresh Issue). The face value of the equity shares Rs 10 each, with a price band ranging from Rs 121 to Rs 123 per share. The minimum order quantity is 1000 shares, translating to a minimum investment of Rs 123000. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15%.Readymix Construction Machinery IPO List on NSE on 13 February 2025
The book running lead manager for this IPO is HEM Securities Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Bigshare Services Private Limited, offering reliable services for all share-related processes.
Readymix Construction Machinery IPO Key Dates
Readymix Construction Machinery IPO Open on 6 February 2025 and Close on 10 February 2025
| IPO Open Date | 6-Feb-2025 |
| IPO Close Date | 10-Feb-2025 |
| Allotment | 11-Feb-2025 |
| Credit of Shares | 12-Feb-2025 |
| Allotment | 13-Feb-2025 |
Readymix Construction Machinery IPO Financial
All the figures below are in Crores.
| 31-Dec-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assent | 52.4 | 38.9 | 32.1 | 30.1 |
| Borrowing | 16.6 | 7.8 | 7.5 | 4.6 |
| Reserve & S. | 11.9 | 18.7 | 8.9 | 6.1 |
| Income | 35.5 | 69.8 | 55 | 47.8 |
| Expenses | 34 | 57.2 | 51.2 | 46 |
| PBT | 1.4 | 12.3 | 3.7 | 1.8 |
| PAT | 1.04 | 9.2 | 2.7 | 1.3 |
Readymix Construction Machinery IPO Key Indicators
All the figures provided below are based on the financial statement as of march 31 2024
| EPS(D) | 11.76 |
| RoNW | 49.51% |
| NAV | 25.07 |
| PAT Margin | 13.30% |
| P/E(D) | 10.46 |
| ROE | 65.90% |
| ROCE | 48.96% |
Management of the Company
| Anand Suresh Watve | Chairman & Managing Director |
| Atul Jagannath Kulkarni | Whole Time Director |
| Prashant Balasaheb Kanikdale | Whole Time Director |
| Gaurav Maheshwari | Independent Director |
| Pinki Kedia | Independent Director |
| Neeraj Bangur | Independent Director |
Object of the Issue
1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company.
2. To Meet Working Capital Requirement
3. General Corporate Purpose
BOOK RUNNING LEAD MANAGER
HEM SECURITIES LIMITED
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India.
Tel. No.: +91- 22- 4906 0000
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Ajay Jain
SEBI Registration Number: INM000010981
CIN: U67120RJ1995PLC010390
REGISTRAR TO THE ISSUE
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves
Road, Andheri (East) Mumbai-400093, Maharashtra, India.
Telephone: +91-22 6263 8200
Facsimile: +91-22 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration Number: MB/INR000001385
CIN: U99999MH1994PTC076534
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