BMW Ventures was on October 07, 1994. The company is a distributor of long and flat steel products in the state of Bihar (India) since 1996, with supportive business model to cater the efficient and timely dispatch of orders.
| Bidding Dates |
|---|
| 24 Sep 2025 - 26 Sep 2025 |
| Subscription |
|---|
| 1.5x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,194 | 1 | 13 | 151 | 23.4 M | ₹94 - ₹99 | 73.02 % | ₹2199.6 M - ₹2316.6 M | RHP DOC |
BMW Ventures IPO SUBSCRIPTION STATUS
26 Sep '25BMW Ventures IPO overall subscription rate was 1.5 times the total available shares
BMW Ventures IPO retail subscription rate was 0.99 times in the retail segment
BMW Ventures IPO non-institutional investor subscription rate was 3.03 times in the non-institutional investor category
BMW Ventures IPO Qualified Institutional Bidder subscription rate was 3.09 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 75% | 24% | 1% |
26 Sep 2025 (Day 3) | 0.99x | 3.03x | 3.09x |
25 Sep 2025 (Day 2) | 0.27x | 0.05x | 1.08x |
24 Sep 2025 (Day 1) | 0.13x | 0.03x | 1.08x |
BMW Ventures FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 2,062.0 | 32.8 | 50.2 | 26.8 | 4.2% |
| FY24 | 1,938.2 | 29.9 | -53.0 | -80.0 | 3.7% |
| FY23 | 2,015.1 | 32.7 | -83.5 | -104.5 | 3.4% |
BMW Ventures IPO SUBSCRIPTION STATUS DETAILS
BMW Ventures had 23.4 M shares on offer
BMW Ventures IPO offer price was in the range ₹94 - ₹99
BMW Ventures IPO minimum Investment was ₹14194
BMW Ventures IPO issue size was ₹ 2199.6 M - ₹ 2316.6 M
BMW Ventures had a minimum lot size of 151 Shares per application
BMW Ventures NUMBER OF SHARES ON OFFER
BMW Ventures IPO IMPORTANT DATES
| Issue Open Date | 24 Sep 2025 |
| Issue close Date | 26 Sep 2025 |
| Allotment Date | 29 Sep 2025 |
| Refund Date | 29 Sep 2025 |
| Demat Account Credit Date | 30 Sep 2025 |
| Listing Date | 01 Oct 2025 |
| Listing on Exchange(s) | NSE and BSE |
| BMW Ventures Allotment Status | Exchange/ Registrar |
BMW Ventures IPO subscription opened on 24 Sep 2025, and closed on 26 Sep 2025
IPO allotment for BMW Ventures was finalized on Monday, 29 Sep 2025
IPO listing for BMW Ventures was on NSE and BSE on Wednesday, 01 Oct 2025
BMW Ventures IPO LISTING GAINS
| Issue Price (adjusted) | 99.0 |
| Listing Open Price | 78.0 |
| Listing Close Price | 74.1 |
| Listing Gain% | -21.2% |
| Current Gain% | -40.1% |
BMW Ventures Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BMW Ventures Ltd. | 59.3 | 514.2 | 12.8 | 0.6 | 0.2 | 8.5 | 5 | 2282.4 | 10.4 | 37.5 | 14.2 | 4.6 | 22 |
| APL Apollo Tubes Ltd. | 1970 | 54698.7 | 44.5 | 0.8 | 2.4 | 22.7 | 13.6 | 23190.8 | 11.6 | 1203.1 | 58.9 | 44.3 | 53.4 |
| Welspun Corp Ltd. | 1839.8 | 48532.2 | 21 | 1.4 | 2.8 | 17.6 | 7.9 | 16905.4 | 19.3 | 1613 | -15.5 | 87.5 | 14.9 |
| Usha Martin Ltd. | 515 | 15695.7 | 31 | 1.2 | 4.1 | 14.1 | 11.1 | 3759.9 | 7 | 466 | 14.4 | 16.6 | 25.4 |
| Vedanta Iron and Steel Ltd. | 35.2 | 13768.5 | 0 | -191.6 | 0 | 0 | -28.4 | ||||||
| Technocraft Industries (India) Ltd. | 2693.5 | 6106.9 | 21.4 | 1.9 | 2.2 | 14.1 | 8.8 | 2860.8 | 6.1 | 285.3 | 11.4 | 125.8 | 11.4 |
BMW Ventures INFORMATION ON IPO ISSUE
About BMW Ventures
BMW Ventures was on October 07, 1994. The company is a distributor of long and flat steel products in the state of Bihar (India) since 1996, with supportive business model to cater the efficient and timely dispatch of orders.
Object of the Issue
- Funding working capital requirements of the company.
- General corporate purposes.
BMW Ventures - PROMOTERS
| Name |
|---|
| Nitin Kishorepuria |
| Rachna Kishorepuria |
| Bijay Kumar Kishorepuria |
| Sabita Devi Kishorepuria |
BMW Ventures - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Bijay Kumar Kishorepuria | Chairman & Whole-Time Director |
| Nitin Kishorepuria | Managing Director |
| Rachna Kishorepuria | Whole-Time Director |
| Sabita Devi Kishorepuria | Non-Executive Director |
| Sourabh Ajmera | Independent Director |
| Yogesh Tulsyan | Independent Director |
| Ravi Jagetiya | Independent Director |
| Arpit Jagdishchandra Kabra | Independent Director |
BMW Ventures Book running lead manager
Sarthi Capital Advisors Private Limited
compliance@sarthiwm.in
BMW Ventures Registrar to the issue
Cameo Corporate Services Limited
bmw@cameoindia.com
BMW Ventures Strengths
Selling and distribution network
The company engages in the marketing, sales, and distribution of an extensive product portfolio to a wide customer base located in Bihar, India. The company's products are actively promoted and sold within the state of Bihar, and has successfully established a sales network in the domestic markets
Market position
The company has a strong market leadership position in the trading of TMT Bars and other allied steel products in the industry. It has helped the company to rapidly scale successes
Market recognition
The company has been in the field for more than 3 decades. Its promoters have more than 2 decades of experience and strong market recognition in the Steel industry
BMW Ventures Risks
Limited suppliers
The company is heavily dependent on certain suppliers for whom it is either distributor or have entered into formal agreements with, for procurement and sale of steel and tractor products. Any disruption of supply from such entities may affect the business operations
Dependent on steel costs
The company's business and profitability is substantially dependent on cost of steel, disruption to the timely and adequate supply of steel, or volatility in the prices of steel may adversely impact the business, results of operations, cash flows and financial condition
Dependent on few customers
The company's business largely depends upon a few customers for some of its business segments. The loss of any of these customers could have a material adverse effect on the business, financial condition, results of operations and cash flows
IPO FAQs
The promoters of the company are Nitin Kishorepuria, Rachna Kishorepuria, Bijay Kumar Kishorepuria and Sabita Devi Kishorepuria.
The category allocation of qualified institutional buyers is 1.0%, the category allocation of non individual investors or high networth individuals is 24.0% and for retail investors it is 75.0%.
The price band of the IPO is Rs 94.0 - 99.0.
The IPO application opens on Sep 24, 2025 and closes on Sep 26, 2025.
The minimum lot size for the IPO is 151. The maximum lot size for the IPO is 1963.
For all category investors, the minimum application amount for this IPO is Rs. 14,194.0, the maximum value for this IPO is Rs 194,337.0.
This IPO will be allotted on Sep 29, 2025.
The refund will be credited to your account on Sep 29, 2025.
The allotted shares will be credited to your demat on Sep 30, 2025.
BMW Ventures Ltd.’s shares listed on the stock exchanges on Oct 01, 2025.