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Readymix Construction IPO Day 1: Readymix Construction’s shares get subscribed 0.90x times on day 1

Readymix Construction Machinery Limited IPO received a moderate response on its first day, with a 0.90x subscription, reflecting investor confidence and a cautiously optimistic outlook for the company’s growth.
Readymix Construction Machinery Limited IPO saw a 0.90x subscription, reflecting moderate demand and investor confidence.
Readymix Construction Machinery Limited IPO saw a 0.90x subscription, reflecting moderate demand and investor confidence.

Readymix Construction Machinery Limited IPO saw a tepid response on its first day, with a 0.90x subscription. While the demand wasn’t overwhelming, it still reflects investor confidence in the company’s potential. The subscription indicates cautious optimism about the company’s future growth prospects within the construction machinery sector.

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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.

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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