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Bhavik Enterprises Ltd. IPO is a fixed price issue of ₹77.00 crores. The issue is a combination of fresh issue of 0.45 crore shares aggregating to ₹63.00 crores and offer for sale of 0.10 crore shares aggregating to ₹14.00 crores.
Bhavik Enterprises IPO bidding started from Sep 25, 2025 and ended on Sep 30, 2025. The allotment for Bhavik Enterprises IPO was finalized on Oct 1, 2025. The shares got listed on BSE SME on Oct 6, 2025.
Bhavik Enterprises IPO price is ₹140.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,20,000.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to Bhavik Enterprises IPO DRHP for detailed Information.
| IPO Date | September 25, 2025 to September 30, 2025 |
| Listing Date | October 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹140 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 55,00,000 shares (aggregating up to ₹77.00 Cr) |
| Reserved for Market Maker | 2,80,000 shares Shreni Shares Ltd. (aggregating up to ₹3.92 Cr) |
| Fresh Issue (Ex Market Maker) | 42,20,000 shares (aggregating up to ₹59.08 Cr) |
| Offer for Sale | 10,00,000 shares of ₹10 (aggregating up to ₹14.00 Cr) |
| Net Offered to Public | 52,20,000 shares (aggregating up to ₹73.08 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,58,58,009 shares |
| Share Holding Post Issue | 2,03,58,009 shares |
Bhavik Enterprises IPO offers total 55,00,000 shares. Out of which 26,10,000 (47.45%) allocated to NII 26,10,000 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,80,000 (5.09%) |
| NII (HNI) Shares Offered | 26,10,000 (47.45%) |
| Retail Shares Offered | 26,10,000 (47.45%) |
| Total Shares Offered | 55,00,000 (100.00%) |
Bhavik Enterprises IPO opens on September 25, 2025, and closes on September 30, 2025.
| IPO Open Date | Thu, Sep 25, 2025 |
| IPO Close Date | Tue, Sep 30, 2025 |
| Tentative Allotment | Wed, Oct 1, 2025 |
| Initiation of Refunds | Fri, Oct 3, 2025 |
| Credit of Shares to Demat | Fri, Oct 3, 2025 |
| Tentative Listing Date | Mon, Oct 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 30, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,80,000 |
| HNI (Min) | 3 | 3,000 | ₹4,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Bhavik Enterprises Limited is engaged in trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP) which has a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more.
The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewares, piping, films, and containers.
Product Portfolio:
Competitive Strengths:
Bhavik Enterprises Ltd.'s revenue increased by 6% and profit after tax (PAT) dropped by 28% 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 | 173.22 | 136.52 | 157.46 |
| Total Income | 531.46 | 500.35 | 491.09 |
| Profit After Tax | 5.68 | 7.89 | 15.56 |
| EBITDA | 3.94 | 4.83 | 17.46 |
| NET Worth | 98.02 | 92.34 | 84.44 |
| Reserves and Surplus | 82.16 | 87.05 | 79.16 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 5.97% |
| ROCE | 7.84% |
| RoNW | 5.80% |
| PAT Margin | 1.08% |
| EBITDA Margin | 0.75% |
| Price to Book Value | 2.27 |
| Market Capitalization | 285.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.58 | 2.79 |
| P/E (x) | 39.07 | 50.16 |
The Company Bhavik Enterprises IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company | 47.50 |
| 2 | General corporate purposes | 7.10 |
[Dilip Davda] BEL is engaged in trading of PE and PP that finds wide uses and application across many industries like packaging, infrastructure, agriculture etc. It is operating in a highly competitive and fragmented segment. Surprisingly, it posted growth in its top lines, but marked slide in bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. There is no harm in skipping this pricey offer that can be termed as “High Risk/Low Return”. Read detail review...
| Listing Date | October 6, 2025 |
| BSE Script Code | 544551 |
| NSE Symbol | |
| ISIN | INE18PB01017 |
| Final Issue Price | ₹140 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹140.00 |
| Open | ₹143.00 |
| Low | ₹143.00 |
| High | ₹150.15 |
| Last Trade | ₹145.30 |
Bhavik Enterprises Ltd.
Office No. 1105, 11th Floor,
DLH Park, S V Road,
Goregaon West, Malad,
Mumbai, Maharashtra, 400064
Phone: +91 9152815659
Email: investors@bhavikenterprises.com
Website: https://bhavikenterprises.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Bhavik Enterprises IPO is a SME IPO of 55,00,000 equity shares of the face value of ₹10 aggregating up to ₹77.00 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 1000.
The IPO opens on September 25, 2025, and closes on September 30, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bhavik Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Bhavik Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bhavik Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bhavik Enterprises IPO opens on September 25, 2025 and closes on September 30, 2025.
Bhavik Enterprises IPO lot size is 1000, and the minimum amount required for application is ₹2,80,000, with 2 lots being the minimum application size.
You can apply in Bhavik Enterprises 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 Bhavik Enterprises IPO will be done on Wednesday, October 1, 2025, and the allotted shares will be credited to your demat account by Friday, October 3, 2025. Check the Bhavik Enterprises IPO allotment status.
The Bhavik Enterprises IPO listing date is on Monday, October 6, 2025.
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