BMW Ventures IPO
Open MainLineCurrent GMP
₹2 (+2.02%)
Price Band
₹ 94 – 99
Lot Size
151
Issue Size
₹231.66 Cr
Minimum Investment
₹14949 (151 Shares)
Listing Date
01 October 2025
Subscription
1.5x
About the Company
BMW Ventures Limited is a diversified enterprise primarily engaged in the trading, distribution, manufacturing, and fabrication of steel and allied products. With a dominant presence in Bihar, the company has established itself as a leading player in the region's steel and industrial goods market.
Core Business Activities
BMW Ventures operates across multiple verticals:
- Trading & Distribution of:
- Steel products
- Tractor engines and spare parts
- Manufacturing of:
- PVC pipes (under the brand BMW Polytube) – Installed capacity: 800 MT p.a.
- Roll-formed GP sheets – Installed capacity: 3,000 MT p.a.
- Fabrication:
- Pre-Engineered Buildings (PEBs) and steel girders
- Fabrication unit based in Purnea, with a facility covering 1,76,560 sq. ft. and a capacity of 12,000 MT p.a.
Steel Product Portfolio
The company offers a comprehensive range of steel products, including:
- Long Products:
- TMT Bars
- Wire Rods
- Structural Hollow Sections
- Galvanized Wires
- Flat Products:
- Galvanized Color Coated Sheets (GC Sheets)
- GP Sheets
- HR Sheets
- CR Coils
- Other Products:
- GI Sheets
- Pipes
- Doors
- Screws
- Other steel-related goods
Distribution Network
As of March 31, 2025, BMW Ventures has built a robust dealer network comprising 1,299 dealers spread across 29 out of Bihar’s 38 districts. This network includes both exclusive and non-exclusive dealers, reflecting the company’s deep market penetration.
To support this distribution, the company operates six stockyards:
- Five in Patna
- One in Purnea
Financial Performance (FY 2025)
- Revenue from steel distribution: ₹2,029.67 crore
- Sales volumes:
- TMT Bars: 2,22,617 MT
- Structural Hollow Sections: 16,107 MT
- Galvanized Wires: 6,448 MT
- Revenue from tractor engine distribution: 0.55% of total revenue
Human Resources
As of March 31, 2025, the company employs a workforce of 639 people, supporting its various operations across manufacturing, distribution, and fabrication.
Promoters
- Bijay Kumar Kishorepuria
- Sabita Devi Kishorepuria
- Nitin Kishorepuria
- Rachna Kishorepuria
- BMW Fin-Invest Private Limited
- Ridhisidhi Fincon Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.02%
Objects of the Issue
The Company BMW Ventures IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding working capital requirements of our Company
- General Corporate Purposes
Address / Contact Info
BMW Ventures Limited
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 24 September 2025
IPO Close Date
Friday, 26 September 2025
Basis of Allotment
Monday, 29 September 2025
Initiation of Refunds
Monday, 29 September 2025
Credit of Shares to Demat
Tuesday, 30 September 2025
Listing Date
Wednesday, 01 October 2025 — NSE & BSE
Important Dates
Open Date
24 September 2025
Close Date
26 September 2025
Basis Of Allotment
29 September 2025
Listing Date
01 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 676.09 | 646.15 | 481.79 |
| Revenue | 2067.33 | 1942.03 | 2018.12 |
| Profit After Tax | 32.82 | 29.94 | 32.66 |
| Net Worth | 146.8 | 186.71 | 156.48 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 428.39 | 395.3 | 283.58 |
EPS Pre
5.18%
EPS Post
3.79%
P/E Pre
19.10
P/E (Post Issue)
26.15x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| ROE % | 15.62 | 20.87 | 25.69 |
| ROCE % | 12.8 | 22.57 | 36.41 |
| Debt / Equity | 2.04 | 1.81 | 1.31 |
| RoNW % | 16.54 | 23.26 | 33.35 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 1.59 | 1.62 | 2.04 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 234000 | 1 | 0 |
| Non-Institutional | 5616000 | 24 | 0 |
| Retail Investors | 17550000 | 75 | 0 |
| Total | 23400000 | 100 | 0 |
Subscription Status ( Fri, 26 Sep 25 01:44 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 234000 | 724045 | 3.09x |
| Non-Institutional | 5616000 | 17018455 | 3.03x |
| BNII | 3744000 | 12774902 | 3.41x |
| SNII | 1872000 | 4243553 | 2.27x |
| Retail Investors | 17550000 | 17425098 | 0.99x |
| Total | 23400000 | 35167598 | 1.5x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| BMW Ventures Ltd | 10 | 0.00 | 5.18 | 5.18 | 16.54 | 0.00 |
| Shiv Aum Steel Ltd | 10 | 43.46 | 7.11 | 7.11 | 8.36 | 0.00 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 151 | 14,949.00 |
| Retail (Max) | 13 | 1,963 | 194,337.00 |
| S-HNI (Min) | 14 | 2,114 | 209,286.00 |
| S-HNI (Max) | 66 | 9,966 | 986,634.00 |
| B-HNI (Min) | 67 | 10,117 | 1,001,583.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Sarthi Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
BMW Ventures IPO is a Book-building IPO worth ₹231.66 crores. The price band is ₹94 to 99 per share. The IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The BMW Ventures IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025
BMW Ventures IPO Price Band is ₹94 to 99.
BMW Ventures IPO lot size is 151, and the minimum amount required for application is ₹14949.
The minimum investment for BMW Ventures IPO is approximately ₹14949 based on the upper price band.
To apply for the BMW Ventures IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Sep 26, 2025. After submission, funds are blocked until the basis of allotment of BMW Ventures IPO is finalised.
BMW Ventures IPO issue size is ₹231.66 crores.
BMW Ventures IPO allotment date is Sat, Jun 27, 2026.
The registrar for BMW Ventures IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to BMW Ventures IPO through their official website or helpline.
The BMW Ventures IPO GMP (Grey Market Premium) is ₹2 as of Sun, Sep 28, 2025. Based on the upper price band of ₹99 per share, the estimated BMW Ventures IPO listing price is ₹101, indicating a potential listing gain of approximately 31% over the issue price.