Issue Price
₹123
Per Share
GMP
NIL
Grey Market
Est. Listing
₹123
Expected Price
Min. Application
₹246,000
2 lots × 1000 shares
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 ProductsCatering to wide range of industriesDedicated after-sales networkEstablished relationships with customers across various geographical locationsExperienced Promotors & Management team backed by design and development team
Readymix Construction Machinery Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 154,000 | — | ₹1.89 Cr | — |
| TOTAL | 3,062,000 | 100.00% | ₹37.66 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹123,000 |
| Retail (Max) | 13 | 13,000 | ₹1,599,000 |
| sNII (Min) | 14 | 14,000 | ₹1,722,000 |
| bNII (Min) | 68 | 68,000 | ₹8,364,000 |
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 35.50 | 69.84 | 55.01 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1.04 | 9.28 | 2.78 |
| Net Worth | 19.80 | 18.75 | 9.43 |
| Total Assets | 52.43 | 38.97 | 32.16 |
| Reserves & Surplus | 11.90 | 18.29 | 8.96 |
| Total Borrowings | 16.68 | 7.90 | 7.60 |