Readymix Construction IPO

Readymix Construction Machinery IPO: Fresh issue of 30,62,000 shares (₹37.66 Cr) to repay borrowings, meet working capital needs & fund general corporate purposes.

Important Details

Open Date : February 6, 2025 Close Date : February 10, 2025 Allotment Date: February 11, 2025 Listing Date: February 13, 2025

Important Details

IPO Price: INR 121-123 per share Lot Size: 1000 Shares Total Issue Size: INR 37.66 crores

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Fundamental Analysis

Readymix Construction IPO shows mixed performance: 1. Revenue growth. 2. Declining profitability, EPS, RoNW. 3. Higher debt reliance, lower inventory turnover. 4. Financial challenges despite expansion.

Peer Comparison

No Indian listed companies are similar to Readymix Construction Machinery Limited, making industry comparison impossible.

Objective

Readymix Construction IPO Objective: 1. Repay borrowings. 2. Meet working capital needs. 3. Ensure stability,Support operations,Drive growth and expansion.

Risks And Challenges

Readymix Construction IPO Risks: 1. Risks: supply issues, price fluctuations, design inefficiencies. 2. Competitor advancements, quality defects. 3. Impact on production, profitability, and stability.