Readymix Construction IPO GMP, Open Date, Price, Listing Date

Readymix Construction IPO open date is from February 6 to February 10, 2025. This new IPO is a book-built issue of Rs 37.66 crore. This upcoming IPO is entirely a fresh issue of 30.62 lakh equity shares. 

Readymix Construction IPO price band is Rs 121 to Rs 123 per share. Readymix Construction IPO GMP is 30 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.

Readymix Construction IPO lot size is 1000 shares. The IPO allotment status live is to be finalised on February 11, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,23,000. The registrar for the Readymix Construction IPO is Bigshare Services Services Limited. Readymix Construction IPO listing date is February 13, 2025. 

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Readymix Construction IPO GMP

Readymix Construction IPO GMP is Rs 30 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Readymix Construction IPO GMP might rise in the coming days.

Readymix Construction IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases. 

However, if the Live IPO GMP quotes is below 10% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Readymix Construction IPO GMP is expected to quote the initial ticks at the 10% or above premium.

Readymix Construction IPO Price Band

Readymix Construction IPO price band is Rs 121 to Rs 123 per share. The minimum amount of investment for the retail category is to be at Rs 1,23,000. The minimum investment for the HNI is Rs 2,46,000.

Readymix Construction IPO Open Date, Close Date

Readymix Construction IPO open date is 6 February 2025 and closing date is 10 February 2025. The initiation of the refund date is 12 February 2025, and the credit of shares will be on 12 February 2025.

Readymix Construction IPO Allotment Status Live

Readymix Construction IPO allotment status live will be finalised on 11 February 2025. The listing will be on the NSE SME platform on 13 February 2025. The registrar of this IPO is Bigshare Services Services Limited. Investors can check their allotment status after the subscription of the IPO ends.

Readymix Construction IPO Listing Date

Readymix Construction IPO's listing date will be on February 13, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Readymix Construction IPO: Listing Date, Lot Size, Price Band

Readymix Construction Limited: About the Company

Readymix Construction Limited was incorporated in 2012, is a multidisciplinary manufacturer and supplier in the construction equipment sector.

Readymix Construction Limited offers engineering solutions for designing, developing, fabricating, and installing plant machinery and equipment. It includes Dry Mix Mortar Plants, concrete plant support, silos, and customized projects.

Readymix Construction Limited provides end-to-end turnkey solutions, including conceptualization, development, fabrication, testing, installation. The company also offers after-sales services such as repair and maintenance for plant machinery and equipment.

Readymix Construction IPO Objectives

The funds from Readymix Construction IPO issue will be used for the repayment of the past borrowings. The remaining will be utilized for meeting the working capital needs and fulfilling the general corporate purposes. 

Readymix Construction IPO: Key Dates, Allotment, Listing Date

Readymix Construction IPO Subscription Status Live

Readymix Construction IPO subscription status will be available after the IPO opens on February 6, 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Readymix Construction IPO Promoter Holdings

Readymix Construction IPO promoters are Anand Suresh Watve, Atul Jagannath Kulkarni, Prashant Balasaheb and Shubhangi Rohit Deo. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline to 72.06%

Readymix Construction  Limited Company Financials

Readymix Construction Limited posted revenue of Rs 69.84 crore and net profit of Rs 9.28 crore for the period ending on 31 March 2024. The company’s revenue increased from Rs 69.84 cr to Rs 35.50 cr. The net profit increased from Rs 9.28 crore to Rs 1.04 crore between the FY ending on 31 March 2024 and 31 Dec 2024.

Readymix Construction IPO Registrar

Readymix Construction IPO registrar is Bigshare Services Services Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Readymix Construction IPO Lead Managers

Readymix Construction IPO lead managers are Hem Securities Limited.

How to apply to Readymix Construction IPO

Interested investors can apply to the Readymix Construction IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Readymix Construction IPO Review

Readymix Construction IPO may get a positive response from the general public. The company is involved in the multidisciplinary manufacturer and supplier in the construction equipment sector. So, investors interested in the construction sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Readymix Construction IPO GMP live will also rise.

Readymix Construction IPO FAQ

1. What are the details of the Readymix Construction IPO?

Readymix Construction IPO is a book-built issue of Rs 37.66 crore. This upcoming IPO is entirely a fresh issue of 30.62 lakh equity shares. 

2. When will the Readymix Construction IPO open and close?

Readymix Construction IPO open date is 6 February 2025 and closing date is 10 February 2025. The initiation of the refund date is 12 February 2025, and the credit of shares will be on 12 February 2025.

3. What is Readymix Construction IPO GMP Today?

Readymix Construction IPO GMP Today is Rs 30 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Readymix Construction IPO GMP might rise in the coming days.

4. What are the details of Readymix Construction IPO Subscription Status Live?

Readymix Construction IPO allotment status live will be finalised on 11 February 2025. The listing will be on the NSE SME platform on 13 February 2025. The registrar of this IPO is Bigshare Services Services Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Write the details of the IPO Allotment Status Live?

Readymix Construction IPO allotment status live will be finalised on 11 February 2025. The listing will be on the NSE SME platform on 13 February 2025. The registrar of this IPO is Bigshare Services Services Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for the Readymix Construction IPO?

Readymix Construction IPO registrar is Bigshare Services Services Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Hem Securities Limited.

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