B.D.Industries (Pune) was incorporated on April 16, 2010. The company began with traction battery repairs and later started manufacturing rotomolded battery boxes and water tanks. Over time, it expanded into plastic components for automotive and industrial use, becoming a key industry player
| Bidding Dates |
|---|
| 30 Jul 2025 - 01 Aug 2025 |
| Subscription |
|---|
| 1.75x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,44,800 | 2 | 2 | 1200 | 4.2 M | ₹102 - ₹108 | 70.44 % | ₹428.4 M - ₹453.6 M | RHP DOC |
B.D.Industries IPO SUBSCRIPTION STATUS
01 Aug '25B.D.Industries IPO overall subscription rate was 1.75 times the total available shares
B.D.Industries IPO retail subscription rate was 1.75 times in the retail segment
B.D.Industries IPO non-institutional investor subscription rate was 5.34 times in the non-institutional investor category
B.D.Industries IPO Qualified Institutional Bidder subscription rate was 0.67 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
01 Aug 2025 (Day 3) | 1.75x | 5.34x | 0.67x |
31 Jul 2025 (Day 2) | 0.84x | 4.05x | 0.53x |
30 Jul 2025 (Day 1) | 0.43x | 3.95x | 0.53x |
B.D.Industries 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 | 82.4 | 8.1 | 10.1 | 8.2 | 18.9% |
| FY24 | 54.3 | 3.2 | -1.3 | -2.4 | 10.7% |
| FY23 | 54.6 | 1.5 | -0.7 | -1.0 | 5.9% |
B.D.Industries IPO SUBSCRIPTION STATUS DETAILS
B.D.Industries had 4.2 M shares on offer
B.D.Industries IPO offer price was in the range ₹102 - ₹108
B.D.Industries IPO minimum Investment was ₹244800
B.D.Industries IPO issue size was ₹ 428.4 M - ₹ 453.6 M
B.D.Industries had a minimum lot size of 1200 Shares per application
B.D.Industries NUMBER OF SHARES ON OFFER
B.D.Industries IPO IMPORTANT DATES
| Issue Open Date | 30 Jul 2025 |
| Issue close Date | 01 Aug 2025 |
| Allotment Date | 04 Aug 2025 |
| Refund Date | 05 Aug 2025 |
| Demat Account Credit Date | 05 Aug 2025 |
| Listing Date | 06 Aug 2025 |
| Listing on Exchange(s) | BSE |
| B.D.Industries Allotment Status | Exchange/ Registrar |
B.D.Industries IPO subscription opened on 30 Jul 2025, and closed on 01 Aug 2025
IPO allotment for B.D.Industries was finalized on Monday, 04 Aug 2025
IPO listing for B.D.Industries was on BSE on Wednesday, 06 Aug 2025
B.D.Industries IPO LISTING GAINS
| Issue Price (adjusted) | 108.0 |
| Listing Open Price | 108.9 |
| Listing Close Price | 108.2 |
| Listing Gain% | 0.8% |
| Current Gain% | 1.3% |
B.D.Industries 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| B.D. Industries (Pune) Ltd. | 109.4 | 155.5 | 16.3 | 0.6 | 1.5 | 13.3 | 8.3 | 101.3 | 20.4 | 9.6 | 25.6 | 6.7 | 25.6 |
| Supreme Industries Ltd. | 3442 | 43722.7 | 42.4 | 2.6 | 3.9 | 15.5 | 12.2 | 11262.5 | 7.2 | 954 | -0.7 | 81.3 | 16 |
| Astral Ltd. | 1444 | 38793.1 | 72.3 | 29.6 | 5.9 | 13.2 | 9.2 | 6615.9 | 12.6 | 536.6 | 2.4 | 20 | 2.4 |
| Shaily Engineering Plastics Ltd. | 3162.3 | 14531.6 | 82.2 | 1.6 | 14.2 | 23.7 | 14.8 | 998.4 | 26.5 | 169.9 | 82.5 | 38.5 | 51.3 |
| Finolex Industries Ltd. | 164.4 | 10202.5 | 16.6 | 0.3 | 2.6 | 9.6 | 7.9 | 4324.8 | -1.5 | 599 | -25.1 | 9.9 | 54.8 |
| Time Technoplast Ltd. | 204.9 | 10113.6 | 20.6 | 1 | 1.6 | 11.5 | 8.3 | 6114.4 | 11.9 | 468.7 | 20.8 | 9.9 | 21.3 |
B.D.Industries INFORMATION ON IPO ISSUE
About B.D.Industries
B.D.Industries (Pune) was incorporated on April 16, 2010. The company began with traction battery repairs and later started manufacturing rotomolded battery boxes and water tanks. Over time, it expanded into plastic components for automotive and industrial use, becoming a key industry player
Object of the Issue
- Repayment or pre-payment of borrowings of the company
- Funding working capital requirements of the company
- Investment in B.D. Industries (India) Private Limited, their material subsidiary
- General corporate purposes
B.D.Industries - PROMOTERS
| Name |
|---|
| Dalbiraj Saini |
| Arti Saini |
| Akshay Saini |
| Rahul Saini |
B.D.Industries - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Dalbirpal Saini | Chairman and Managing Director |
| Sanjay Patil | Whole Time Director |
| Arti Saini | Non-Executive Director |
| Akshay Saini | Non-Executive Director |
| Rahul Saini | Non-Executive Director |
| Vijay Kalantri | Non-Executive Independent Director |
| Laxmidas Merchant | Non-Executive Independent Director |
| Sanjay Damani | Non-Executive Independent Director |
B.D.Industries Book Running Lead Manager
Aryaman Financial Services Limited
ipo@afsl.co.in
B.D.Industries Registrar to the issue
Cameo Corporate Services Limited
priya@cameoindia.com
B.D.Industries Strengths
Quality standards
The company prioritizes product quality, backed by ISO 9001:2015 standards and a skilled engineering and design team. With advanced testing labs and strong leadership, it ensures high performance, reliability, and continuous innovation in rotomolding
Client Relationship
The company has built strong, long-term relationships with key customers, leading to repeat business and high retention. These ties serve as a competitive edge, supporting new client acquisition and business growth
Scalable business model
The company follows an order-driven model focused on maximizing capacity, supplier partnerships, and economies of scale. This scalable approach has supported consistent growth in line with rising demand
B.D.Industries Risks
Import risks
The company faces foreign exchange risk due to raw material imports, mainly from Thailand, and deals in foreign currency. Currency fluctuations impact costs and are reflected as gains or losses in financial statements
Insurance risks
The company’s assets and goods in transit are exposed to risks like fire, natural disasters, or damage, which may not be fully covered by insurance. In FY25, insurance costs were Rs 6.78 lakhs, or 0.10% of total assets
Capital intensive
The company requires high working capital to manage raw materials and operating costs before customer payments are received. Inadequate funding or unexpected expenses may impact its ability to meet demand or maintain product pricing
IPO FAQs
The promoters of the company are Dalbiraj Saini, Arti Saini, Akshay Saini and Rahul Saini.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 102.0 - 108.0.
The IPO application opens on Jul 30, 2025 and closes on Aug 01, 2025.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 244,800.0, the maximum value for this IPO is Rs 259,200.0.
This IPO will be allotted on Aug 04, 2025.
The refund will be credited to your account on Aug 05, 2025.
The allotted shares will be credited to your demat on Aug 05, 2025.
B.D.Industries (Pune) Ltd.’s shares listed on the stock exchanges on Aug 06, 2025.