BMW Ventures IPO clsoes today

BMW Ventures IPO Details

BMW Ventures IPO is a book-built issue of 2.34 crore fresh shares, with no offer-for-sale component. The issue opens for subscription on September 24, 2025, and closes on September 26, 2025, while allotment is scheduled for September 29 and listing on both BSE and NSE is fixed for October 1, 2025.
The IPO price band has been set at Rs. 94 to Rs. 99 per share.Lot size is 151 shares Sarthi Capital Advisors Pvt. Ltd. is acting as the book-running lead manager and Cameo Corporate Services Ltd. is the registrar to the issue.

🕗 Last Update: 26 September 2025, 6.00 AM

BMW Ventures IPO Key Dates

Anchor portion
IPO opens on 24 Sept 2025
IPO Closes on 26 Sept 2025
IPO Allotment on 29 Sept 2025
Unblocking of Asba 30 Sept 2025
Credit of Shares 30 Sept 2025
Listing of Shares 1 Oct 2025

The 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.

The promoters hold 100% shares in the post IPO capital of the company.

Objects of  IPO

The Offer comprises of fresh issue of capital & the objects are

+Funding the working capital requirements of the Company Rs. 173.75 Crore
+General Corporate Purposes

Business :

BMW Ventures Limited is engaged in trading and distribution of steel products, tractor engines, and spare parts, along with manufacturing of PVC pipes, roll forming, and fabrication of pre-engineered buildings (PEB) and steel girders.
Its product range includes TMT bars, GI/HR sheets, wire rods, color-coated sheets, GP sheets, doors, pipes, hollow sections, screws, and other steel products. The company has a wide distribution network of 1,299 dealers across 29 districts of Bihar, supported by six stockyards—five in Patna and one in Purnea.
It is also a distributor of tractor engines and spare parts, strengthening its diversification strategy. Backed by a workforce of 639 employees, BMW Ventures has built a strong presence in Bihar through its extensive dealer network and product portfolio.

IPO Details

 
IPO opens on  24 September 2025
IPO closes on  26 September 2025 
Issue Type Book Built Issue IPO
Issue Size 234,00,000 Shares /
Rs 231.66 Crore
* Fresh Issue Rs 231.66 Crore
* Offer for Sale  Rs – Crore
   
Face Value per share: Rs. 10
Price Band  Rs. 94-99
Retail Discount  Rs 0 per share
Employee discount  Rs. – per share
Retail Lot Size  151 Shares
Listing will at  BSE, NSE

How are the shares offered?

Investor Category Shares Offered
QIB Shares Offered Not less than 50% of the Net Offer
Retail Shares Offered Not more than 35% of the Net Offer
NII Shares Offered Not more than 15% of the Net Offer

How can the shares be applied?

Application Lots Shares Amount
Rs.
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

 

How to check Allotment Status

Allotment of this IPO will be announced on 29 September 2025 and the link to check allotment is given below:

Registered Office of the company
BMW Ventures Ltd.
1 st Floor, Mona Cinema Complex,
East Gandhi Maidan,
Patna-800004
Patna, Bihar, 800004

Email: cs@bmwventures.com

The Lead Managers 
Sarthi Capital Advisors Pvt Ltd
Registrar to IPO
Cameo Corporate Services ltd

Financial Snapshot

Period Ended 31-Mar-25 31-Mar-24 31-Mar-23
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 428.39 395.3 283.58
Amount in Rs Crore

 

Key Performance Indicators

KPI Values
ROE 15.62%
ROCE 12.80%
Debt/Equity 2.04
RoNW 16.54%
PAT Margin 1.59%
EBITDA Margin 4.24%
EPS 5.18
PE R 19.10

 

Peer Comparison

Company Name P/E (x) RoNW (%)
BMW Ventures Limited 19.10 16.54
Shiv Aum Steels 43.46 8.36

 

IPO Concise Review by Paresh Gordhandas, CA & Research Analyst

BMW Ventures Limited is a diversified player engaged in trading and distribution of steel products, tractor engines, spare parts, and also manufacturing PVC pipes, PEB structures, and steel girders. The company enjoys a strong regional presence in Bihar with 1,299 dealers across 29 districts, supported by six stockyards (five in Patna, one in Purnea).

Its product portfolio covers TMT bars, sheets, pipes, hollow sections, screws, and more, ensuring a wide market reach. With a workforce of 639 employees, BMW Ventures has developed strong brand visibility. Financially, it clocked Rs. 2,067.33 crore income in FY25 with PAT of Rs. 32.82 crore, showing stable performance though margins remain thin (PAT margin 1.59%).

Key ratios indicate ROE of 15.62%, ROCE of 12.80%, and Debt/Equity at 2.04, pointing to leveraged but steady operations. At EPS of Rs. 5.18 and P/E of 19.10, valuations appear reasonable compared to peers in the steel and allied sector.

BMW Ventures IPO dates

BMW Ventures IPO price & Lot

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