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Bhavik Enterprises IPO
Price Band
₹
Issue Size
₹77.0 Cr
Lot Size
1,000 shares
Min Investment
₹280,000
2 LOTS MIN
GMP
—
Issue Price
₹140.0
Bhavik Enterprises IPO AI Summary
- Bhavik Enterprises IPO is listed on BSE SME in the Trading - Chemicals sector.
- Subscription window: 25 Sep–30 Sep 2025, listing on 06 Oct 2025.
Bhavik Enterprises Limited is a trading company specializing in polymers, with a focus on PE and PP. While it has shown revenue growth, profitability has declined over recent periods. The IPO aims to raise funds for working capital and other corporate purposes, and investors should carefully consider their risk tolerance and investment strategy.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Bhavik Enterprises IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 30 Sep 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Bhavik Enterprises IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2008, Bhavik Enterprises Limited is engaged in trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP) which has a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more. The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewares, piping, films, and containers. Product Portfolio: POLYETHYLENE (PE): The Import and trade various polyethylene types like HDPE, LDPE, LLDPE, and MLLDPE for packaging. POLYPROPYLENE (PP):Polypropylene is a lightweight, durable, chemical-resistant plastic widely used in packaging, textiles, and automotive. Competitive Strengths: Wide product portfolio having applications across various industries verticals Long term relationship with clients Well established relationship with suppliers Strategic location of our warehouses and depots
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 173.22 | 136.52 | 157.46 |
| Total Income | 531.46 | 500.35 | 491.09 |
| Profit After Tax | 5.68 | 7.89 | 15.56 |
| EBITDA | 3.94 | 4.83 | 17.46 |
| NET Worth | 98.02 | 92.34 | 84.44 |
| Reserves and Surplus | 82.16 | 87.05 | 79.16 |
Key Ratios
EPS
₹3.58
NAV
₹61.81
ROE
5.97%
ROCE
7.84%
RoNW
5.80%
P/B Value
2.27
P/E Ratio
39.07
Market Cap
₹285.01 Cr
PAT Margin
1.08%
Promoters
Mukesh Natverlal Thakkar, Bhavik Mukesh Thakkar and Purnima Mukesh Thakkar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of the Company 47.50 2 General Corporate Purposes 7.10 3 Issue Expenses 10.26 Total 64.87
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹491.09 Cr for the period ending 31 Mar 2023, rising to ₹500.35 Cr by 31 Mar 2024, and further increasing to ₹531.46 Cr by 31 Mar 2025.
Profit Trend
Profit After Tax was ₹15.56 Cr for the period ending 31 Mar 2023, decreasing to ₹7.89 Cr by 31 Mar 2024, and further declining to ₹5.68 Cr by 31 Mar 2025. This shows a downward trend in profitability over the reported periods.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the demand for an IPO before it officially lists on the stock exchange. A higher GMP suggests strong demand, while a lower or negative GMP indicates weaker demand. Investors often look at the GMP to gauge potential listing day performance.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's financial health, market conditions, and industry trends before making a decision.
Who May Want to Wait
Investors who are risk-averse or prefer stable returns may want to avoid IPOs like this, especially if they are concerned about the company's declining profitability or market volatility.
IPO Timeline, Explained
The IPO process involves several key dates: the opening date for subscription is 25 September 2025, and it closes on 30 September 2025. Allotment of shares will be done on 1 October 2025, and the listing date on the stock exchange is set for 6 October 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when an IPO starts trading on the stock exchange. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance. Investors should be aware that the stock price may fluctuate significantly on the listing day.
This evaluation is generated from Bhavik Enterprises's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Bhavik Enterprises IPO open and close?
Bhavik Enterprises IPO opens on 25 September 2025 and closes on 30 September 2025.
When does Bhavik Enterprises IPO list on the stock exchange?
Bhavik Enterprises IPO listed on 06 October 2025 at ₹140.0.
What is the lot size for Bhavik Enterprises IPO?
The lot size for Bhavik Enterprises IPO is 1000 shares, requiring a minimum investment of ₹280,000 (2 lots).
What is the lot size for this IPO?
The lot size for Bhavik Enterprises' IPO is 1000 shares.
What is the minimum investment required?
The minimum investment required is ₹2,80,000.
What is the issue price of the shares?
The issue price of the shares is ₹140.00.
When is the listing date for the IPO?
The listing date for the IPO is 6 October 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the demand for an IPO before it officially lists.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
25 Sep 2025
Close
30 Sep 2025
Allotment
01 Oct 2025
Listing
06 Oct 2025
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