BMW Ventures Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹94 - ₹99
- Lot size
- 151 shares
- Issue amount
- ₹231.66 cr
- Total subscription
- 1.5×
- Opens
- 24 Sept 2025
- Closes
- 26 Sept 2025
- Allotment
- 29 Sept 2025
- Listing
- 1 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 2,34,00,000 shares
- Face value
- 0
- Minimum investment
- ₹14,194
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,949
- Issue type
- Bookbuilding IPO
- Shares before issue
- 6,33,15,000
- Shares after issue
- 8,67,15,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 151 | ₹14,949 |
| sHNI | 14 | 2,114 | ₹2,09,286 |
| bHNI | 67 | 10,117 | ₹10,01,583 |
Share reservation
Subscription & GMP
Subscription by category
Reported 26 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,16,225 | 1,01,034 |
| HNIs(10L +) | 0 | 116 |
| HNIs (2-10L) | 886 | 1,972 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.32 | 7.17 |
| FIIs | 0 | 7 |
| Others | 0 | 0.17 |
| RETAIL | 173.75 | 172.51 |
| HNIs 2+ | 18.53 | 42.01 |
| HNIs 10+ | 37.07 | 126.47 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.18 | 4.73 | 4.16 |
| ROE | 15.62 | 16.03 | 20.87 |
| ROCE | 12.8 | 11.68 | 14.31 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| BMW Ventures Limited | NA | NA | 10 | NA | 16.54 | 5.18 |
| Shiv Aum Steel Limited | 43.46 | NA | 10 | NA | 8.36 | 7.11 |
Company information
Company profile
BMW Ventures Limited, established in 1996, is a leading distributor of long and flat steel products in Bihar, serving 29 out of 38 districts through a strong network of over 1,000 dealers. The company offers a wide range of steel products such as TMT bars, GI sheets, HR sheets, wire rods, pipes, hollow sections, and doors, along with tractor engines and spare parts as part of its diversification strategy. It is also engaged in fabrication of pre-engineered buildings, manufacturing of PVC pipes, and RDSO-approved steel girders for Indian Railways. Sourcing exclusively from primary suppliers, its products find applications in construction, automotive, and general engineering sectors. As of July 31, 2024, the company employs 614 people across its operations.
Strengths
- Leading Position in Bihar – Strong distribution network with 1,000+ dealers across 29 districts, ensuring wide reach and strong brand presence.
- Diversified Business Model – Engaged in distribution, fabrication (PEB), PVC pipe manufacturing, and RDSO-approved steel girder production, reducing dependence on trading alone.
- Broad Product Range – Offers steel products, tractor engines, and spares, catering to industries like construction, automotive, and engineering.
Risk factors
- Geographic Dependence – Nearly 98% of revenue and all facilities are in Bihar; political, social, or natural disruptions in the state could severely impact operations.
- Supplier Reliance – Heavy dependence on key suppliers and agreements for steel and tractor products; any disruption could halt business activities.
- Steel Revenue Concentration – Majority of revenue comes from long and flat steel distribution; demand or price fluctuations may significantly affect financial performance.
Promoters
Bijay Kumar Kishorepuria
Sabita Devi Kishorepuria
Nitin Kishorepuria
Rachna Kishorepuria
BMW Fin-Invest Private Limited
Ridhisidhi Fincon Private Limited
Registrar & documents
Lead manager
Sarthi Capital Advisors Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
1 st Floor, Mona Cinema Complex, East Gandhi Maidan, Patna-800004 Patna, Bihar, 800004
+91 81022 23771
[email protected]Company website ↗Understanding BMWVENTLTD 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.