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BMW Ventures IPO

Listed MAINBOARD BSE, NSE · Trading - Metals

Price Band

₹94.0–99.0

Issue Size

₹231.66 Cr

Lot Size

151 shares

Min Investment

₹14,949

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹99.0

BMW Ventures IPO AI Summary

  • BMW Ventures IPO is listed on BSE, NSE in the Trading - Metals sector.
  • Price band: ₹94.0–₹99.0 per share, lot size 151 shares (min. investment ₹14,949).
  • Subscription window: 24 Sep–26 Sep 2025, listing on 01 Oct 2025.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

BMW Ventures IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 26 Sep 2025 — not a current signal.

Reviewers are split — see individual calls below.

Avoid 25 Jul
Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Wed, 24 Sep 2025
IPO Close Date
Fri, 26 Sep 2025
Allotment Date
Mon, 29 Sep 2025
Refund Initiation
Mon, 29 Sep 2025
Credit of Shares
Mon, 29 Sep 2025
Listing Date
Wed, 01 Oct 2025
Listing Price
₹99.0 +0.0%

Subscription Status

Subscription data unavailable

BMW Ventures 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

BMW Ventures Limited is primarily engaged in trading/Distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders. The company supply steel products through 1,299 dealers as on March 31, 2025 dealers spanning 29 of the 38 districts in Bihar. Product Portfolio BMW Ventures Limited deals in a wide range of steel products, including: TMT Bars, GI Sheets, HR Sheets, Wire Rods, Galvanized Color Coated Sheets, Doors, GP Sheets, Pipes, Hollow Sections, Screws and Other steel-related products Additionally, BMW Ventures Limited is a distributor of tractor engines in Bihar. As part of its diversification strategy, the company is also engaged in the distribution of tractor engines and spare parts to dealers. The company operates Six stockyards: one in Purnea (Bihar) and Five in Patna (Bihar). Market Presence & Distribution Network BMW Ventures Limited currently caters to 29 out of 38 districts in Bihar. The company has established a strong marketing and sales network of over 1,250+ dealers (both exclusive and non-exclusive) in the state over the years. Workforce As of March 31, 2025, BMW Ventures Limited employs a total workforce of 639 individuals.

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 676.09 646.15 481.79
Total Income 2,067.33 1,942.03 2,018.12
Profit After Tax 32.82 29.94 32.66
EBITDA 87.39 72.56 67.85
NET Worth 210.12 186.71 156.48
Total Borrowing 428.39 395.30 283.58

Key Ratios

EPS

₹5.18

NAV

₹33.19

ROE

15.62%

ROCE

12.80%

RoNW

16.54%

P/B Value

2.98

P/E Ratio

19.1

Market Cap

₹858.48 Cr

PAT Margin

1.59%

Debt/Equity

2.04

Peer Comparison

Company RoNW P/E (x) EPS Basic EPS Diluted
Shiv Aum Steels Limited 8.36% 43.46 7.11 7.11
BMW Ventures Limited This IPO 16.54% — 5.18 5.18

Promoters

Bijay Kumar Kishorepuria, Sabita Devi Kishorepuria, Nitin Kishorepuria, Rachna Kishorepuria, BMW Fin-Invest Pvt.Ltd. and Ridhisidhi Fincon Pvt.Ltd.

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 173.75 2 General Corporate Purposes 39.88 3 Issue Expenses 18.03 Total 231.66

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹2,018.12 Cr in the period ending 31 Mar 2023, slightly decreasing to ₹1,942.03 Cr by 31 Mar 2024, before rising to ₹2,067.33 Cr by 31 Mar 2025.

Profit Trend

Profit After Tax was ₹32.66 Cr in the period ending 31 Mar 2023, increasing to ₹29.94 Cr by 31 Mar 2024, and then rising again to ₹32.82 Cr by 31 Mar 2025.

Valuation

BMW Ventures Limited has a P/E Ratio of 19.1 at the issue price, while its peer Shiv Aum Steels Limited has a P/E of 43.46. This implies that BMW Ventures is priced at roughly 19.1 times its trailing earnings, compared to peers trading at 43.46 times.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of an IPO based on demand and supply in the grey market. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk tolerance. Factors to consider include the company's financial health, industry position, and market conditions.

Who May Want to Wait

Investors who are risk-averse or looking for stable, dividend-paying stocks may want to avoid IPOs like this, as they can be subject to high volatility and uncertainty in the initial trading period.

Listing Gains — The Risk

Listing-day gains can be unpredictable and are influenced by market conditions, investor sentiment, and demand for the stock. While some IPOs may experience significant gains on their first day of trading, others may not perform as expected, leading to potential losses.

This evaluation is generated from BMW Ventures'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

What is the price band of BMW Ventures IPO?

The price band of BMW Ventures IPO is ₹94.0–₹99.0 per share.

When does BMW Ventures IPO open and close?

BMW Ventures IPO opens on 24 September 2025 and closes on 26 September 2025.

When does BMW Ventures IPO list on the stock exchange?

BMW Ventures IPO listed on 01 October 2025 at ₹99.0.

What is the lot size for BMW Ventures IPO?

The lot size for BMW Ventures IPO is 151 shares, requiring a minimum investment of ₹14,949.

What is the price band for the IPO?

The price band for the IPO is ₹94.0 to ₹99.0.

What is the minimum investment required?

The minimum investment required is ₹14,949.0.

What is the lot size for the IPO?

The lot size for the IPO is 151 shares.

When is the IPO open for subscription?

The IPO is open for subscription from September 24, 2025, to September 26, 2025.

When is the listing date for the shares?

The listing date for the shares is October 1, 2025.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹231.66 Cr
Price Band ₹94.0 – ₹99.0
Issue Price ₹99.0
Lot Size 151 shares
Min Investment ₹14,949
Exchange BSE, NSE
Sector Trading - Metals
Open Date 24 Sep 2025
Close Date 26 Sep 2025
Allotment 29 Sep 2025
Listing Date 01 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Cameo Corporate Services Ltd.

Lead Managers / Book Running

Sarthi Capital Advisors Pvt.Ltd.

IPO Timeline

Open

24 Sep 2025

Close

26 Sep 2025

Allotment

29 Sep 2025

Listing

01 Oct 2025

Community Sentiment

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