B.D.Industries (Pune) Limited
Bookbuilding IPO · BSE
- Price band
- ₹102 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹45.36 cr
- Total subscription
- 1.81×
- Opens
- 30 Jul 2025
- Closes
- 1 Aug 2025
- Allotment
- 4 Aug 2025
- Listing
- 6 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 42,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,22,400
- Fresh issue
- ₹45.36 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,29,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,00,10,000
- Shares after issue
- 1,42,10,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,59,200 |
| sHNI | 3 | 3,600 | ₹3,88,800 |
| bHNI | 8 | 9,600 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 111 | 60 |
| HNIs (3-10L) | 55 | 42 |
| RETAIL | 581 | 768 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.61 | 8.66 |
| RETAIL | 15.06 | 9.28 |
| HNIs 2+ | 2.15 | 0.41 |
| HNIs 10+ | 4.3 | 16.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 7.6 | 3.18 | 1.49 |
| ROE | 43.86 | 26.62 | 15.53 |
| ROCE | 43.5 | 35.13 | 24.52 |
| RONW | 35.97 | 23.49 | 14.41 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1984, B. D. Industries (Pune) Limited is engaged in the manufacturing of rotationally molded plastic products. The company produces a wide range of items including plastic fuel tanks for off-road vehicles, urea tanks, fenders, hydraulic tanks, air ducts, mudguards, and cabin roofs, catering to industries such as automotive, safety, healthcare, and marine. It operates three manufacturing units located in Pune, Dewas, and Hoshiarpur, with a fourth facility currently under construction in Zaheerabad, Telangana, to support its growing production demands and customer requirements. The company's product portfolio includes lightweight and corrosion-resistant plastic fuel tanks designed for vehicles, agricultural equipment, motorcycles, marine use, and industrial machinery. It also manufactures other automotive components such as tractor fenders, transmission covers, 2-meter barricades, bus seats, sunroof cabin roofs, battery boxes, and door panels, all built for enhanced durability and safety. Additionally, B. D. Industries produces pallets used across various sectors like food and beverage, pharmaceuticals, e-commerce, automotive, electronics, and chemicals, valued for their strength, hygiene, and ease of cleaning. As of May 31, 2025, the company employed 98 personnel.
Strengths
- Strong Commitment to Product Quality: The company follows ISO 9001:2015 standards and uses an advanced testing lab, experienced quality team, and continuous improvement processes to ensure reliable, high-performing products.
- Long-Standing Customer Relationships: Built trust and loyalty with key clients over time, resulting in repeat business and giving an edge in attracting new customers.
- Well-Planned Manufacturing Locations: Operates three strategically placed plants in Pune, Dewas, and Hoshiarpur, close to major clients — helping reduce transport costs and ensure timely, efficient deliveries.
Risk factors
- Pending Machinery Purchase May Delay Growth: The company hasn’t yet finalized agreements for machinery worth ₹540 lakhs . Delays or cost increases—due to expired quotes or rising prices—could slow down operations and expansion.
- Reliance on Leased Facilities Poses Operational Risk: Key locations like the Dewas plant and Mumbai office are on lease . If leases aren’t renewed or are terminated, it could disrupt operations and lead to higher relocation costs.
- Director’s Link to Struck-Off Companies Raises Concerns: One Independent Director was previously associated with companies that were struck off by the RoC . Any future legal issues or penalties from those associations may impact the company’s image and finances.
Promoters
Dalbirpal Saini
Arti Saini
Akshay Saini
Rahul Saini
Registrar & documents
Lead manager
Aryaman Financial Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
15th Flr, 1501-B, Universal Majestic, PL Lokhande Marg, G M Link Road, Nr RBK International School, Govand West Mumbai, Maharashtra, 400043
022-6249-0801
[email protected]Company website ↗Understanding BDI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.