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Readymix Construction Machinery Ltd

Registered Office : #.401 3rd & 4th Flr Plot #.209,Sy #.96/2B Right Bhusari Colon,Pune Maharashtra 411038 Phone : +91-20-2528 9212
Fax :

Email : cs@rcmpl.co.in

Website : www.rcmpl.co.in

Initial public offer of upto 30,62,000 equity shares of face value of Rs. 10/- each (the equity shares) of Readymix Construction Machinery Limited (the company or the issuer) at an issue price of Rs. 123 per equity share (including share premium of Rs. 113 per equity share) for cash, aggregating up to Rs. 37.66 crores (public issue) out of which 1,54,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 123 per equity share for cash, aggregating Rs. 1.89 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 29,08,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 123 per equity share for cash, aggregating upto Rs. 35.77 crores is herein after referred to as the net issue. The public issue and net issue will constitute 27.94% and 26.54% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 123 per equity share of face value of Rs. 10 each. The Floor price and Cap price is 12.3 times the face value of the equity shares respectively. Bids can be made for a minimum of 1000 equity shares and in multiple of 1000 equity shares thereafter.

Issue

Opens On

Closes On

06-Feb-2025

10-Feb-2025

Money Payable On

Application

Allotment

123.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

34.07

37.66

10.96

123.00

Hem Securities Ltd

Projects

Repayment and/or pre-payment in full or part of borrowings availed by the company

To meet working capital requirements

General corporate purposes

Promoted By

Anand Suresh Watve

Atul Jagannath Kulkarni

Prashant Balasaheb Kanikdale

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd