Readymix Construction Machinery Limited

LISTED

SME IPO · IPO Guide

Issue Price
₹121 – ₹123
Listed On
13 Feb 2025
Listing Price
₹123 (+0.00%)
Current Price LIVE
₹123 (+0.00%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 1,000 ₹1,23,000
Retail (Max) 2 2,000 ₹2,46,000
S-HNI (Min) 3 3,000 ₹3,69,000
S-HNI (Max) 8 8,000 ₹9,84,000
B-HNI (Min) 9 9,000 ₹11,07,000

As per financials, Readymix Construction Machinery Limited has shown good growth, RoNW is 49.51% and P/E is respectively 48.49, 14.52 and 96.82 as per FY23, FY24 and annualized FY25 earnings. So, issue looks fully priced, but sudden rise in net-profit just before IPO raises doubts and order book as on 10.01.25 is around 29.19/- Cr. Company is engaged in the business of providing engineering solutions for design, development, fabrication and installation of various plant & machineries of various industries like cement, concrete, crushing, construction and building materials etc, which is highly competitive business segment. So, we give NEUTRAL rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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