Bookbuilding IPO | ₹232 Cr | Listed at BSE, NSE | Wed, Sep 24, 2025 - Fri, Sep 26, 2025
BMW Ventures 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 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 Open
Wed, Sep 24, 2025
IPO Close
Fri, Sep 26, 2025
Issue Price
₹99 per share
Market Cap (Pre-IPO)
₹858.48 Cr
| IPO Date | 24 to 26 Sep, 2025 |
| Listed on | Wed, Oct 1, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹94 to ₹99 |
| Issue Price | ₹99 per share |
| Lot Size | 151 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,34,00,000 shares (agg. up to ₹232 Cr) |
| Fresh Issue | 2,34,00,000 shares (agg. up to ₹232 Cr) |
| Share Holding Pre Issue | 6,33,15,000 shares |
| Share Holding Post Issue | 8,67,15,000 shares |
| BSE Script Code / NSE Symbol | 544543 / BMWVENTLTD |
| ISIN | INE965W01036 |
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 | Max 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%) |
Investors can bid for a minimum of 151 shares and in multiples thereof.
| 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 |
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 | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company. | 173.75 |
| 2 | General Corporate Purposes. | 39.88 |
| Total | 213.63 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.18 | 3.79 |
| P/E (x) | 19.1 | 26.15 |
| Promoter Holding | 100% | 73.02% |
| Market Cap | ₹858.48 Cr. |
The BMW Ventures IPO is subscribed 1.50 times on September 26, 2025 5:05:15 PM (Day 3). The public issue subscribed 0.99 times in the retail category, 3.09 times in the QIB category, and 3.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 3.09 | 2,34,000 | 7,24,045 |
| NII | 3.03 | 56,16,000 | 1,70,18,455 |
| bNII (bids above ₹10L) | 3.41 | 37,44,000 | 1,27,74,902 |
| sNII (bids below ₹10L) | 2.27 | 18,72,000 | 42,43,553 |
| Retail | 0.99 | 1,75,50,000 | 1,74,24,947 |
| Total | 1.50 | 2,34,00,000 | 3,51,67,447 |
Total Application : 1,01,984
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM including underwriter commission | 12.73 |
| 2 | Advertising and marketing expenses | 1.50 |
| 3 | Fees to the Registrar to the Issue | 0.15 |
| 4 | Fees payable to the Regulators including stock exchanges | 1.00 |
| 5 | Printing and distribution of Issue stationary | 0.30 |
| 6 | Commission/processing fee for SCSBs, Sponsor Bank (for Bids made by Retail Individual Bidders using UPI) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.50 |
| 7 | Fees for the legal counsels appointed for the purpose of the Issue | 0.15 |
| 8 | Others (Industry Report, charges for monitoring Agency, Restated financials, NSDL & CDSL Fees, Verification Charges etc.) | 0.70 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹99.00 | ₹99.00 |
| Open | ₹80.00 | ₹78.00 |
| Low | ₹76.00 | ₹74.10 |
| High | ₹80.00 | ₹78.00 |
| Last Trade | ₹76.00 | ₹74.10 |
Lead Manager Reports
BMW Ventures IPO is a main-board IPO of 2,34,00,000 equity shares of the face value of ₹10 aggregating up to ₹232 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 151.
The IPO opens on Wed, Sep 24, 2025, and closes on Fri, Sep 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 Wed, Sep 24, 2025 and closes on Fri, Sep 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 Tue, Sep 30, 2025. Check the BMW Ventures IPO allotment status.
The BMW Ventures IPO listing date is on Wed, Oct 1, 2025.
