Bookbuilding IPO | ₹45 Cr | Listed at BSE SME | Wed, Jul 30, 2025 - Fri, Aug 1, 2025
B.D.Industries IPO is a book build issue of ₹45.36 crores. The issue is entirely a fresh issue of 0.42 crore shares of ₹45.36 crore.
B.D.Industries IPO bidding started from Jul 30, 2025 and ended on Aug 1, 2025. The allotment for B.D.Industries IPO was finalized on Aug 4, 2025. The shares got listed on BSE SME on Aug 6, 2025.
B.D.Industries IPO price band is set at ₹108 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,88,800.
Aryaman Financial Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to B.D.Industries IPO RHP for detailed Information.
IPO Open
Wed, Jul 30, 2025
IPO Close
Fri, Aug 1, 2025
Issue Price
₹108 per share
Market Cap (Pre-IPO)
₹153.47 Cr
| IPO Date | 30 Jul to 1 Aug, 2025 |
| Listed on | Wed, Aug 6, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹108 |
| Issue Price | ₹108 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 42,00,000 shares (agg. up to ₹45 Cr) |
| Reserved for Market Maker | 2,16,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 39,84,000 shares (agg. up to ₹43 Cr) |
| Net Offered to Public | 39,84,000 shares (agg. up to ₹43 Cr) |
| Share Holding Pre Issue | 1,00,10,000 shares |
| Share Holding Post Issue | 1,42,10,000 shares |
| BSE Script Code | 544468 |
| ISIN | INE1LJ801017 |
B.D.Industries IPO comprises a total issue size of 42,00,000 shares. The net offer to the public is 39,84,000 shares, after excluding 2,16,000 shares allotted on a firm basis. Of the Net offer 19,92,000 (50.00%) are allocated to QIB, 5,97,600 (15.00%) allocated to NII 13,94,400 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 19,92,000 | 50.00% | 47.43% |
| − Anchor Investor Shares Offered | 11,95,200 | 28.46% | |
| − QIB (Ex. Anchor) Shares Offered | 7,96,800 | 18.97% | |
| NII (HNI) Shares Offered | 5,97,600 | 15.00% | 14.23% |
| − bNII > ₹10L | 3,98,400 | 9.49% | |
| − sNII < ₹10L | 1,99,200 | 4.74% | |
| Retail Shares Offered | 13,94,400 | 35.00% | 33.20% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,16,000 | 5.14% | |
| Total Shares Offered | 42,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9,600 | ₹10,36,800 |
B.D.Industries IPO raises ₹12.91 crore from anchor investors. B.D.Industries IPO Anchor bid date is July 29, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jul 29, 2025 |
| Shares Offered | 11,95,200 |
| Anchor Portion (₹ Cr.) | 12.91 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Sep 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Nov 3, 2025 |
Incorporated in 1984, B. D. Industries (Pune) Limited specializes in the manufacturing of rotationally molded plastic products.
The company manufactures plastic fuel tanks for off-road vehicles, urea tanks, fenders, hydraulic tanks, air ducts, mudguards, cabin roofs, and products for various industries like safety, healthcare, and marine.
The company operates three manufacturing facilities in Pune, Dewas, and Hoshiarpur, with a fourth under construction in Zaheerabad, Telangana, to support its diverse production and customer needs.
B.D.Industries (Pune) Ltd.'s revenue increased by 52% and profit after tax (PAT) rose by 156% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 68.90 | 31.96 | 27.18 |
| Total Income | 84.13 | 55.33 | 55.10 |
| Profit After Tax | 8.15 | 3.18 | 1.49 |
| EBITDA | 15.58 | 5.79 | 3.21 |
| NET Worth | 21.14 | 13.54 | 10.36 |
| Reserves and Surplus | 11.13 | 13.53 | 10.35 |
| Total Borrowing | 22.19 | 5.06 | 2.21 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or Pre-payment of borrowings of the Company | 6.80 |
| 2 | Funding Working Capital Requirement of the Company | 7.30 |
| 3 | Repayment or Pre-payment of its borrowings | 11.60 |
| 4 | Purchase of Machinery | 5.40 |
| 5 | Funding Working Capital Requirement | 7.30 |
| 6 | General Corporate Purpose | 2.47 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 43.86% |
| ROCE | 43.50% |
| Debt/Equity | 1.05 |
| RoNW | 35.97% |
| PAT Margin | 9.23% |
| EBITDA Margin | 18.92% |
| Price to Book Value | 6.42 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.14 | 5.73 |
| P/E (x) | 13.27 | 18.83 |
| Promoter Holding | 100% | 70.44% |
| Market Cap | ₹153.47 Cr. |
The B.D.Industries IPO is subscribed 1.81 times on August 1, 2025 5:04:33 PM (Day 3). The public issue subscribed 1.32 times in the individual investors category, 1.27 times in the QIB category, and 3.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 1.27 | 7,96,800 | 10,12,800 | 0 |
| NII* | 3.66 | 5,97,600 | 21,88,800 | 0 |
| bNII (bids above ₹10L) | 5.59 | 3,98,400 | 22,28,400 | 888 |
| sNII (bids below ₹10L) | 0.89 | 1,99,200 | 1,76,400 | 888 |
| Individual Investors | 1.32 | 13,94,400 | 18,43,200 | 0 |
| Total | 1.81 | 27,88,800 | 50,44,800 | 888 |
Total Application : 888
*Market Maker portion is not included to NII/HNI.
The financials for 2025 have been taken from the consolidated statement.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.77 |
| 2 | Underwriting Fees | 1.79 |
| 3 | Commission/ processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.16 |
| 4 | Fees payable to Market Maker to the Issue | 0.12 |
| 5 | Fees payable to Registrar to the Issue | 0.02 |
| 6 | Fees payable for Advertisement and Marketing Expenses | 1.47 |
| 7 | Fees payable to Regulators including Stock Exchanges & Depositories | 0.12 |
| 8 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 9 | Fees payable to Auditor, Legal Advisors and other Professionals | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹108.90 |
| Low | ₹108.00 |
| High | ₹109.00 |
| Last Trade | ₹108.15 |
Lead Manager Reports
B.D.Industries IPO is a SME IPO of 42,00,000 equity shares of the face value of ₹10 aggregating up to ₹45 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 1200.
The IPO opens on Wed, Jul 30, 2025, and closes on Fri, Aug 1, 2025.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in B.D.Industries IPO using UPI as a payment gateway. Zerodha customers can apply in B.D.Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in B.D.Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The B.D.Industries IPO opens on Wed, Jul 30, 2025 and closes on Fri, Aug 1, 2025.
B.D.Industries IPO lot size is 1200, and the minimum amount required for application is ₹2,59,200, with 2 lots being the minimum application size.
You can apply in B.D.Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for B.D.Industries IPO will be done on Monday, August 4, 2025, and the allotted shares will be credited to your demat account by Tue, Aug 5, 2025. Check the B.D.Industries IPO allotment status.
The B.D.Industries IPO listing date is on Wed, Aug 6, 2025.
