ListedSMEEngineering - ConstructionREADYMIX

Readymix Construction Machinery IPO

Readymix Construction Machinery IPO is an SME IPO raising ₹37 Cr at ₹121 – ₹123 a share. It listed on 13 Feb 2025 at ₹123, 0.0% against its issue price of ₹123, and trades at ₹71 today (−42.3% since issue). It was subscribed 3.52× in total.

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₹123

Issue price

₹71

Price now

−42.3%

Since issue price

13 Feb 2025

Listed on

3.52×Subscribed (final) · all exchanges

3.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹121 – ₹123

Cut-off price₹123

Issue size₹37 Cr

Shares per lot1000

Minimum application₹1,23,000

Minimum quantity1000

Face value₹10

Listing exchangesNSE

ISININE10QL01011

Bidding hours10:00 – 17:00 IST

Bidding window6 Feb 2025 – 10 Feb 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.