Allotment

The BMW Ventures Limited IPO was a book-built issue aggregating to ₹231.66 crore. The issue consisted entirely of a fresh issue of 2.34 crore equity shares, with no offer for sale component.
The IPO opened for subscription on September 24, 2025, and closed on September 26, 2025. The basis of allotment was finalized on September 29, 2025, and the equity shares were listed on the BSE and NSE on October 1, 2025.
The price band for the IPO was fixed at ₹99 per equity share, with a lot size of 151 shares. At the upper end of the price band, the minimum investment required for retail investors was ₹14,949 (151 shares).
For non-institutional investors (NIIs), the minimum application size for small NIIs (sNIIs) was 14 lots (2,114 shares) amounting to ₹2,09,286, while for big NIIs (bNIIs) it was 67 lots (10,117 shares) amounting to ₹10,01,583.
Sarthi Capital Advisors Private Limited acted as the Book Running Lead Manager (BRLM) to the issue, while Cameo Corporate Services Limited served as the Registrar.
For detailed information regarding the issue, investors are advised to refer to the BMW Ventures Limited IPO Red Herring Prospectus (RHP).
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| IPO Date | 1 Oct |
| IPO Listing Date | 1 Oct |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹99.00 |
| IPO Issue Size | 2,34,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 6,33,15,000 shares |
| IPO Open Date | 24 Sep |
| IPO Close Date | 26 Sep |
| IPO Allotment (Tentative) | 29 Sep |
| Refunds | 30 Sep |
| Credit to Demat Account | 30 Sep |
| IPO Listing Date | 1 Oct |
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,34,000 Shares |
| NII (HNI) Shares Offered | 56,16,000 Shares |
| Retail Shares Offered | 1,75,50,000 Shares |
Investors can bid for a minimum of 151 shares, with additional shares to be purchased in multiples of 151.
| Application | Lots | Share | 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 the trading and distribution of steel products, manufacturing of PVC pipes, roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders. In addition to its core steel-related activities, the company is also involved in the distribution of tractor engines and spare parts as part of its diversification strategy.
Product Portfolio:
BMW Ventures Limited offers a broad range of steel and related products, including:
TMT Bars
GI Sheets
HR Sheets
Wire Rods
Galvanized Color-Coated Sheets
GP Sheets
Pipes and Hollow Sections
Doors, Screws, and other steel-related products
The company also acts as a distributor of tractor engines and spare parts in the state of Bihar, supplying these products to a wide network of dealers.
As of March 31, 2025, BMW Ventures Limited supplied steel products through 1,299 dealers, covering 29 out of 38 districts in Bihar. Over the years, the company has built a strong marketing and sales network of more than 1,250 dealers, comprising both exclusive and non-exclusive dealers across the state.
The company operates six stockyards, with one located in Purnea and five in Patna, all within Bihar.
As of March 31, 2025, BMW Ventures Limited employed a total of 639 personnel, supporting its operations across manufacturing, distribution, and sales functions.
| 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 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 428.39 | 395.3 | 283.58 |
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 173.75 |
| 3 | To meet out the General Corporate Purposes; | 398.77 |
| 4 | Offer for Sale (OFS) | - |
BMW Ventures Ltd. Address
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 Limited
Subramanian Building, 1,
Club House Road, Chennai – 600002
+91 44 4002 0700,
bmw@cameoindia.com