Readymix Construction Machinery IPO

NSELot: 1000

LISTEDSME
Issue Price123
Listing123
Current95.2
Price Band
121 - ₹123
Lot Size
1,000
Issue Size
₹37.66 Cr
GMP
0
Subscription
0.99x

IPO Schedule

1
Open
6 Feb
2
Close
10 Feb
3
Allotment
-
4
Listing
13 Feb

About Readymix Construction Machinery

Readymix Construction Machinery is an SME focused on providing construction machinery solutions. They likely operate in a niche market within the broader construction equipment industry, potentially specializing in ready-mix concrete machinery or related equipment.

Subscription Status

QIB
0.84x
NII
1.31x
Retail
0.94x
CategoryDay 3Day 2Day 1
QIB5.10x1.96x0.84x
NII4.76x1.28x1.31x
Retail4.26x1.63x0.94x
Total4.61x1.65x0.99x

Risk Factors

SME IPOs generally carry higher risk due to smaller scale of operations and limited financial history.
The construction machinery sector is cyclical and sensitive to economic downturns.
Limited information available about the company's specific market position and competitive landscape.