Readymix Construction Machinery Limited

Company Profile
Company Name Readymix Construction Machinery Limited
Open Date 06-02-2025
Close Date 10-02-2025
Exchange NSE SME
Lot Size 1,000 Shares
Issue Price ₹121 to ₹123 per share
Issue Size 30,62,000 shares
Application Amount ₹1,23,000
Recommendation Avoid
Incorporation: Incorporated in 2012, the company’s registered office is in Pune, Maharashtra. Business Activity: Readymix Construction Machinery Limited is a multidisciplinary manufacturer and supplier in the construction equipment sector. Revenue Stream: Product-Wise Revenue -In FY 24, the revenue stream was primarily driven by the Dry Mix Mortar Plant (28.49%), Support Equipment for Ready-mix Concrete (25.76%), and Artificial Sand Plant (20.74%), while Industry-Wise Revenue- The Construction and Building Materials industry (33.55%), Concrete industry (45.59%), and Crushing industry (20.86%) also contributed significantly to the overall revenue. Geography-wise Revenue- Maharashtra is the largest revenue contributor with ₹2,803.48 lakh (40.17%) in FY 24. Human Resource: As of December 31, 2024, the company had 114 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Dec-24
Revenue 4,782.47 5,499.51 6,979.36 3,548.86
EBITDA 251.78 492.90 1,379.16 310.58
Net Profit 132.78 277.95 928.48 104.42
RoCE 28.95% 46.39% 68.81% 5.33%*
ROE 20.02% 29.49% 49.51% 2.41%*
P/E 73.21 34.94 10.46 96.64*

Tentative Timeline

Opening Date 06-02-2025
Closing Date 10-02-2025
Basis of Allotment 11-02-2025
Initiation of Refunds 12-02-2025
Credit of Shares to Demat 12-02-2025
Listing Date 13-02-2025

Objects of the Issue

Repayment and/or pre-payment, in full or part, of borrowing availed by the Company;
To meet working capital requirement;
General Corporate Purposes

Contact Information

Registered Office 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 http://www.rcmpl.co.in/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email po@bigshareonline.com
Website https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

Anchor Investor Shares Offered 8,71,000 (28.45%)
Market Maker Shares Offered 1,54,000 (5.03%)
QIB Shares Offered 5,82,000 (19.01%)
NII (HNI) Shares Offered 4,37,000 (14.27%)
Retail Shares Offered 10,18,000 (33.25%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 72.06%

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