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BMW Ventures Ltd. IPO is a book build issue of ₹231.66 crores. The issue is entirely a fresh issue of 2.34 crore shares of ₹231.66 crore.
BMW Ventures IPO bidding started from Sep 24, 2025 and ended on Sep 26, 2025. The allotment for BMW Ventures IPO was finalized on Sep 29, 2025. The shares got listed on BSE, NSE on Oct 1, 2025.
BMW Ventures IPO price band is set at ₹99.00 per share . The lot size for an application is 151. The minimum amount of investment required by an retail is ₹14,949 (151 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,114 shares), amounting to ₹2,09,286, and for bNII, it is 67 lots (10,117 shares), amounting to ₹10,01,583.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.
Refer to BMW Ventures IPO RHP for detailed Information.
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Issue Price Final | ₹99 per share |
| Lot Size | 151 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 2,34,00,000 shares (aggregating up to ₹231.66 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 6,33,15,000 shares |
| Share Holding Post Issue | 8,67,15,000 shares |
BMW Ventures IPO offers total 2,34,00,000 shares. Out of which 2,34,000 (1.00%) allocated to QIB, 56,16,000 (24.00%) allocated to NII 1,75,50,000 (75.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 2,34,000 (1.00%) | NA |
| NII (HNI) Shares Offered | 56,16,000 (24.00%) | NA |
| − bNII > ₹10L | 37,44,000 (16.00%) | 1,771 |
| − sNII < ₹10L | 18,72,000 (8.00%) | 885 |
| Retail Shares Offered | 1,75,50,000 (75.00%) | 1,16,225 |
| Total Shares Offered | 2,34,00,000 (100.00%) |
BMW Ventures IPO opens on September 24, 2025, and closes on September 26, 2025.
| IPO Open Date | Wed, Sep 24, 2025 |
| IPO Close Date | Fri, Sep 26, 2025 |
| Tentative Allotment | Mon, Sep 29, 2025 |
| Initiation of Refunds | Mon, Sep 29, 2025 |
| Credit of Shares to Demat | Tue, Sep 30, 2025 |
| Tentative Listing Date | Wed, Oct 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 26, 2025 |
Investors can bid for a minimum of 151 shares and in multiples 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 |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1,963 | ₹1,94,337 |
| S-HNI (Min) | 14 | 2,114 | ₹2,09,286 |
| S-HNI (Max) | 66 | 9,966 | ₹9,86,634 |
| B-HNI (Min) | 67 | 10,117 | ₹10,01,583 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
BMW Ventures Limited is primarily engaged in trading/Distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders.
The company supply steel products through 1,299 dealers as on March 31, 2025 dealers spanning 29 of the 38 districts in Bihar.
Product Portfolio
BMW Ventures Limited deals in a wide range of steel products, including:
Additionally, BMW Ventures Limited is a distributor of tractor engines in Bihar. As part of its diversification strategy, the company is also engaged in the distribution of tractor engines and spare parts to dealers.
The company operates Six stockyards: one in Purnea (Bihar) and Five in Patna (Bihar).
Market Presence & Distribution Network
BMW Ventures Limited currently caters to 29 out of 38 districts in Bihar. The company has established a strong marketing and sales network of over 1,250+ dealers (both exclusive and non-exclusive) in the state over the years.
Workforce
As of March 31, 2025, BMW Ventures Limited employs a total workforce of 639 individuals.
BMW Ventures Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 10% 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 | 676.09 | 646.15 | 481.79 |
| Total Income | 2,067.33 | 1,942.03 | 2,018.12 |
| Profit After Tax | 32.82 | 29.94 | 32.66 |
| EBITDA | 87.39 | 72.56 | 67.85 |
| NET Worth | 210.12 | 186.71 | 156.48 |
| Total Borrowing | 428.39 | 395.30 | 283.58 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 15.62% |
| ROCE | 12.80% |
| Debt/Equity | 2.04 |
| RoNW | 16.54% |
| PAT Margin | 1.59% |
| EBITDA Margin | 4.24% |
| Price to Book Value | 2.98 |
| Market Capitalization | 858.48 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.18 | 3.79 |
| P/E (x) | 19.1 | 26.15 |
The Company BMW Ventures 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. | 173.75 |
| 2 | General Corporate Purposes. | 398.77 |
[Dilip Davda] BVL is engaged in the business of trading/distributing steel products, tractor engines and spare parts, manufacturing of PVC pipes etc. It posted inconsistency in its top and bottom lines for the reported periods. The company is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears fully priced. Only well-informed/cash surplus/risk savvy investors may park moderate funds for medium term. Read detail review...
| Listing Date | October 1, 2025 |
| BSE Script Code | 544543 |
| NSE Symbol | BMWVENTLTD |
| ISIN | INE965W01036 |
| Final Issue Price | ₹99 per share |
| BSE Listing Group | T (Trade to Trade) |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹99.00 | ₹99.00 |
| Open | ₹72.20 | ₹70.39 |
| Low | ₹72.20 | ₹70.39 |
| High | ₹72.20 | ₹70.39 |
| Last Trade | ₹72.20 | ₹70.39 |
BMW Ventures Ltd.
1 st Floor, Mona Cinema Complex,
East Gandhi Maidan,
Patna-800004
Patna, Bihar, 800004
Phone: +91 81022 23771
Email: cs@bmwventures.com
Website: http://www.bmwventures.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: bmw@cameoindia.com
Website: https://ipo.cameoindia.com/
BMW Ventures IPO is a main-board IPO of 2,34,00,000 equity shares of the face value of ₹10 aggregating up to ₹231.66 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 151.
The IPO opens on September 24, 2025, and closes on September 26, 2025.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in BMW Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in BMW Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in BMW Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The BMW Ventures IPO opens on September 24, 2025 and closes on September 26, 2025.
BMW Ventures IPO lot size is 151, and the minimum amount required for application is ₹14,949.
You can apply in BMW Ventures 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 BMW Ventures IPO will be done on Monday, September 29, 2025, and the allotted shares will be credited to your demat account by Tuesday, September 30, 2025. Check the BMW Ventures IPO allotment status.
The BMW Ventures IPO listing date is on Wednesday, October 1, 2025.
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