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BMW Ventures IPO is a bookbuilt issue of Rs 231.66 crore. This issue is entirely a fresh issue of 2.34 crore shares with no offer for sale.
The IPO opens for subscription on September 24, 2025, and closes on September 26, 2025. The allotment is expected to be finalized on Monday, October 1, 2025. The price band for the IPO is set at ₹94 to ₹99 per share, and the minimum lot size for an application is 151 shares.
Company Summary
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 supplies steel products through 1,299 dealers as of March 31, 2025 dealers spanning 29 of the 38 districts in Bihar.
The company operates six stockyards: one in Purnea (Bihar) and five in Patna (Bihar).
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.
As of March 31, 2025, BMW Ventures Limited employs a total workforce of 639 individuals.
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.
Company Strengths
- Exclusive distribution of long and flat steel products to 900+ dealers and buyers in Bihar.
- The company has built strong customer relationships and a solid market presence for over 30 years in the steel industry.
- As of fiscal 2023, the company accounted for about 20% of TMT bar sales in Bihar.
- The company focuses on quality control, quick turnarounds, responsive support, and tailored solutions for customers.
Company Financials
| 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 | 146.8 | 186.71 | 156.48 |
| Total Borrowing | 428.39 | 395.3 | 285.58 |
| Amount in ₹ Crore | |||
Objectives of IPO
- Funding the working capital requirements of the Company.
- General Corporate Purposes.
Promoters of the company
Bijay Kumar Kishorepuria, Sabita Devi Kishorepuria, Nitin Kishorepuria, Rachna Kishorepuria, BMW Fin-Invest Private Limited, and Ridhisidhi Fincon Private Limited are the company promoters.
IPO Details
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹94 to ₹99 per share |
| Lot size | 151 shares |
| Total Issue size | 2,34,00,000 shares (aggregating upto ₹231.66 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 6,33,15,000 shares |
| Share Holding Post Issue | 8,67,15,000 shares |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 151 | ₹14,949.00 |
| Retail (Max) | 13 | 1,963 | ₹1,94,337.00 |
| S-HNI (Min) | 14 | 2,114 | ₹2,09,286.00 |
| S-HNI (Max) | 66 | 9,966 | ₹9,86,634.00 |
| B-HNI (Min) | 67 | 10,117 | ₹10,01,583.00 |
Allotment Schedule
| Basis of Allotment | Mon, 29 Sep, 2025 |
| Initiation of Refunds | Mon, 29 Sep, 2025 |
| Credit of Shares to Demat | Tue, 30 Sep, 2025 |
| Tentative Listing Date | Wed, 1 Oct, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 26, 2025 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 1% of the Net Offer |
| Retail Shares Offered | Not less than 75% of the Offer |
| NII Shares Offered | Not less than 24% of the Offer |
Source – SEBI, Chittorgarh
To check allotment, click here
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