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Readymix Construction IPO Day 2: Readymix Construction’s shares get subscribed 1.59x times on day 2

News by Aliceblue News Desk

07 Feb 2025

Readymix Construction IPO Day 2: Readymix Construction’s shares get subscribed 1.59x times on day 2

Readymix Construction Machinery Limited IPO received a 1.59x subscription on its second day, reflecting steady investor interest and a cautiously optimistic sentiment toward the company’s future growth prospects, signaling confidence in its potential expansion and market performance in the coming years.

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Readymix Construction Machinery Limited IPO Subscription Status

Readymix Construction Machinery Limited IPO saw a 0.90x subscription on its first day. While the demand was moderate, it indicates investor confidence and reflects a cautiously optimistic outlook for the company’s growth potential.

How to check Readymix Construction Machinery Ltd IPO Subscription Status?

Steps to check Readymix Construction Machinery Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Readymix Construction Machinery Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Readymix Construction Machinery Ltd IPO Allotment Status

The allotment date for the Readymix Construction Machinery Ltd IPO is set for February 11, 2025, with shares priced at ₹121 to ₹123 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

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Readymix Construction Machinery Ltd IPO Listing Date 

Readymix Construction Machinery Ltd IPO is expected to be listed on the NSE SME on February 13, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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