Readymix Construction Machinery IPO

Readymix Construction Machinery Limited is an engineering-driven company offering comprehensive solutions for the design, development, fabrication, and installation of various plant and machinery, including Dry Mix Mortar Plants, Artificial Sand Plants, and High-Capacity Silos. The company provides end-to-end turnkey solutions, covering project conceptualization, execution, testing, installation, and after-sales services. Additionally, it offers Annual Maintenance Services, operational software upgrades, and Business Consultancy Services. Established in 2012, the company grew from a partnership providing limited equipment solutions to a diverse portfolio serving over 200 customers across India and Nepal.

IPO Stengths

• Offers a wide range of plant & machinery across multiple industries like cement, concrete, and construction.

• Caters to various industries with customized solutions, ensuring consistent revenue across business cycles.

• A 25-member team supports customer satisfaction with installation, training, and maintenance services.

• Strong domestic presence in over 20 states, with international reach in Nepal.

• Led by promoters with 28-30 years of industry experience, supported by a skilled design and R&D team.

Readymix Construction Machinery IPO Key Financials (in ₹ lakhs)

Readymix Construction Machinery Limited Upcoming IPO Details

Readymix Construction Machinery IPO Important Dates

Readymix Construction Machinery IPO Lotss

Readymix Construction Machinery IPO Lead Managers

Readymix Construction Machinery Limited IPO Valuation Overview

Peer Group Comparison

There are no listed companies in India that are engaged in a business similar to that of the company. Accordingly, it is not possible to provide an industry comparison in relation to the company.

Objectives of the Proceeds

• Repayment of a portion of certain outstanding borrowings availed by the company, ₹650 lakhs

• To meet working capital requirements

• To meet general corporate expenses