Readymix Construction Machinery Limited (NSE SME)
Feb 6, 2025 - Feb 10, 2025
| Price | ₹121 - ₹123 |
| Premium | ₹0 |
|---|---|
| Lot size | 1000 |
| Allotment | Feb 11, 2025 |
| Listing | Feb 13, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 123000 | 1018 |
| HNI | 2 | 2000 | 246000 | 437 |
Last updated on 10-Feb-2025 17:00:10
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 582000 | 2970000 | 5.1 |
| NIB | 437000 | 2235000 | 5.11 |
| RETAIL | 1018000 | 4336000 | 4.26 |
| Total | 2037000 | 9541000 | 4.68 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 8 |
| NIB | 282 |
| RETAIL | 4336 |
| Total | 4626 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 7.16 | 36.53 | 5.1 |
| NIB | 5.38 | 27.49 | 5.11 |
| RETAIL | 12.52 | 53.33 | 4.26 |
| Total | 25.06 | 117.35 | 4.68 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.8 | @8% ₹1 | @9% ₹1.1 | @10% ₹1.2 | @11% ₹1.3 | @12% ₹1.4 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.8 | @8% ₹1 | @9% ₹1.1 | @10% ₹1.2 | @11% ₹1.3 | @12% ₹1.4 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.25% | 1018000 |
| NII (HNI) | 14.27% | 437000 |
| Anchor | 28.45% | 871000 |
| QIB | 19.01% | 582000 |
| Market Maker | 5.03% | 154000 |
| Total | 100.00% | 3062000 |
Readymix Construction IPO Details
| Total Issue Size | 30,62,000 shares (aggregating up to ₹37.66 Cr) |
| Fresh Issue | 30,62,000 shares (aggregating up to ₹ 37.66 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 78,96,500 shares |
| Share Holding Post Issue | 1,09,58,500 shares |
| Market Maker Portion | 1,54,000 shares |
| Market Maker | Hem Finlease |
Key Performance Indicators
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 5.42% | 65.90% | 34.62% |
| ROCE | 6.01% | 48.96% | 25.71% |
| RONW | 5.27% | 49.51% | 49.51% |
| EPS | 1.32 | 11.76 | 3.52 |
| P/E Pre IPO | 10.46 | ||
| P/E Post IPO | 96.82 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 52 | 39 | 32 | 30 |
| Revenue | 36 | 70 | 55 | 48 |
| Profit After Tax | 1 | 9 | 3 | 1 |
| Net Worth | 20 | 19 | 9 | 7 |
| Reserves and Surplus | 12 | 18 | 9 | 6 |
| Total Borrowing | 17 | 8 | 8 | 5 |
About Company
Hem securities Ltd
Diversified Product Range – The Company offers a wide portfolio, including Dry Mix Mortar Plants, concrete plant support systems, high-capacity silos, artificial sand plants, and wall putty plants, catering to various construction needs.
Multi-Industry Presence – Serving multiple industries such as construction, infrastructure, and manufacturing, reducing dependency on a single market segment and ensuring business stability.
Strong After-Sales Support – A dedicated after-sales service network provides repair, maintenance, installation support, and consultancy, ensuring customer satisfaction and long-term relationships.
Supplier Dependency – Reliance on a few key suppliers within a limited geographic area for raw materials may lead to supply chain disruptions, impacting operations and financial performance.
Customer Concentration Risk – A significant portion of revenue comes from key customers; losing any of them could materially affect business stability and cash flows.
Design & Engineering Risks – The Company depends on its design and engineering teams for accurate estimations; inefficiencies in design could lead to reduced margins and project delays.
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com