BMW Ventures IPO
Bookbuilding IPO | ₹232.00 Cr | Listing at BSE, NSE
IPO Open
Wed, Sep 24, 2025
IPO Close
Fri, Sep 26, 2025
Price Band
₹94.00 to ₹99.00
Market Cap (Pre-IPO)
₹858.48 Cr
IPO Details
| IPO Date | Sep 24, 2025 to Sep 26, 2025 |
| Listing Date | Oct 01, 2025 |
| Face Value | ₹10.00 per share |
| Price Band | ₹94.00 to ₹99.00 |
| Lot Size | 151 Shares (Minimum: ₹14,949.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹232.00 Crores |
| Total Shares Offered | 23,400,000 shares |
| Offer For Sale | 23,400,000 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 3.09x |
| NII | 3.03x |
| RII | 0.99x |
| Total | 1.50x |
BMW Ventures IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,34,000 (1.00%) |
| Retail Shares Offered | 1,75,50,000 (75.00%) |
| NII Shares Offered | 56,16,000 (24.00%) |
BMW Ventures IPO Lot Size
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 | ₹194,337 |
| S-HNI (Min) | 14 | 2,114 | ₹209,286 |
| S-HNI (Max) | 66 | 9,966 | ₹986,634 |
| B-HNI (Min) | 67 | 10,117 | ₹1,001,583 |
BMW Ventures Financial Information (Restated Consolidated)
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 |
| Reserves and Surplus | 428.39 | 395.30 | 283.58 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 15.62% |
| ROCE (Return on Capital Employed) | 12.80% |
| Debt/Equity | 2.04 |
| RoNW (Return on Net Worth) | 16.54% |
| PAT Margin (Profit After Tax Margin) | 1.59% |
| EBITDA Margin | 4.24% |
| Price to Book Value | 2.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.18 | 3.79 |
| P/E (x) | 19.10 | 26.15 |
| Promoter Holding | 100.00% | 73.02% |
Company Promoters
- Bijay Kumar Kishorepuria
- Sabita Devi Kishorepuria
- Nitin Kishorepuria
- Rachna Kishorepuria
- BMW Fin-Invest Private Limited and Ridhisidhi Fincon Private Limited are the company promoters.
Company Overview
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:
- TMT Bars, GI Sheets, HR Sheets, Wire Rods, Galvanized Color Coated Sheets, Doors, GP Sheets, Pipes, Hollow Sections, Screws and Other steel-related products
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.
Use of Proceeds
| 1) | Funding working capital requirements of the Company. | 173.75 |
| 2) | General Corporate Purposes. | 398.77 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
BMW Ventures IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| BMW Ventures Limited | 5.18 | 5.18 | 0.00 | 0.00 | 16.54 | 0.00 | - |
| Shiv Aum Steels Limited | 7.11 | 7.11 | 0.00 | 43.46 | 8.36 | 0.00 | - |
Quick Info
| Sector | Commodities (Metals & Mining) and Industrial Goods/Services |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹858.48 Cr |
Important Dates
| IPO Open | Sep 24, 2025 |
| IPO Close | Sep 26, 2025 |
| Allotment Date | Sep 29, 2025 |
| Credit to Demat | Sep 30, 2025 |
| Listing Date | Oct 01, 2025 |
Lead Manager(s)
Sarthi Capital Advisors Pvt.Ltd.
Registrar
Description
- 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.