M R Maniveni Foods IPO...
18 May, 2026
Bharat Pet IPO
Bharat Pet IPO Details
Bharat Pet IPO is a 100% book-built issue of ₹760 crore, comprising a fresh issue of ₹120 crore and an offer for sale (OFS) of ₹640 crore, with a face value of ₹10 per share. The company filed its DRHP with SEBI on March 25, 2026.
The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of the issue is Equirus Capital Private Ltd. and Ambit Private Ltd., while the registrar to the issue is KFin Technologies Ltd.
Bharat Pet IPO Date & Timeline
Bharat Pet Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on March 25, 2026. However, the specific Bharat Pet IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalize the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.
Bharat Pet IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Bharat Pet IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Bharat Pet Ltd. was incorporated as a public limited company on January 23, 1998, in Haryana and subsequently received its certificate for the commencement of business on February 20, 1998. Over the years, Bharat Pet has evolved to establish a steady presence in the manufacturing space, focusing its core operations on producing packaging materials. Mainly, it is an Indian packaging company that manufactures packaging solutions such as PET bottles & jars, preforms, multi-layer co-extruded bottles, caps & closures and tin containers, backed by in-house design and tooling capabilities.
Operations & Product Range
The core operating model of Bharat Pet Ltd. revolves around manufacturing specialized packaging solutions. The company operates production lines that are dedicated to manufacturing existing Stock Keeping Units (SKUs) to cater to various end-user requirements. While the product portfolio and individual target end markets of the company indicate that their services cater to significant consumer-facing businesses, potentially including established food and agricultural entities.
Facilities & Capacity
Bharat Pet Ltd.’s operations are supported by multiple manufacturing facilities, with deliveries handled through third-party logistics providers located near these hubs to ensure timely distribution. With this listing, the company aims to expand capacity and upgrade production lines by adding modern machinery and it is already in the process of placing orders for new equipment to support this expansion.
Brands & Market Presence
Bharat Pet Ltd. has built its market presence around specialised packaging capabilities, with a strong focus on quality manufacturing that allows it to serve diverse customer segments across industries and geographies. It caters to reputed clients, reflecting solid domestic exposure and a strong position within the packaging industry. As for the Q2 FY26, the domestic sales reported at 99.57%, while revenue from outside India was at 0.43% (₹9.77 million).
Revenue Streams & Business Model
The major source of income for Bharat Pet Ltd. comes from its manufacturing activity as well as its sales of packaged goods. Bharat Pet Ltd. depends heavily upon its manufacturing capacity as well as its stock-keeping units (SKUs) to ensure constant cash flows. Even though revenue by segments and geographies will form an integral part of the restated financials of Bharat Pet Ltd., the business model remains a capital-intensive model in which investment in machines becomes essential.
Management & Shareholding
The promoters of Bharat Pet Ltd. are Deepak Gupta, Ankur Gupta and Rahul Gupta. Before the IPO, the promoter held 77.76% stake of the company, but after the IPO, the promoter's shareholding will be diluted as the offering includes an OFS of ₹640 crore by existing shareholders, which gives a smooth and profitable exit to selling shareholders and invites the public to join the company.
Board & Key Management
The leadership of Bharat Pet Ltd. is led by a team of experts with many years of experience. Deepak Gupta serves as the Chairman and gives strategic direction to the firm. The daily operations are managed by Ankur Gupta, the Managing Director, along with Whole-Time Directors Rahul Gupta and Sumit Bhatia. To ensure good governance, the board includes Independent Directors Akash Gupta, Gaurav Kakkar, Parveen Jain and Urvika Aggarwal for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Bharat Pet IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Bharat Pet IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | - |
| IPO Type | Fresh capital cum OFS |
| Total Issue Size | 12,00,06,400 shares (agg. up to ₹760 Cr) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | [.] shares (agg. up to ₹120 Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹640 Cr) |
| Net Offered to Public | - |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,47,75,010 shares |
| Share Holding Post Issue | - |
Bharat Pet IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | - |
Bharat Pet IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | - | - | - |
| Individual investors (Retail) (Max) | - | - | - |
| S-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Bharat Pet IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 77.76% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • A well-established position in the specialised packaging sector.
- • Robust manufacturing infrastructure supporting existing SKUs and future expansion.
- • A scalable business model backed by an experienced promoter group.
Bharat Pet IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 317.20 | 22.68 | 33.31 | 150.15 | - | 126.28 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 243.75 | 33.28 | 36.77 | 116.77 | - | 61.43 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 187.30 | 26.21 | 28.15 | 94.69 | - | 17.95 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 179.48 | 22.04 | 26.69 | 78.01 | - | 34.28 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 34.47% |
| ROCE | 32.75% |
| Debt/Equity | 0.57 |
| RoNW | 31.49% |
| PAT Margin | 11.00% |
| EBITDA Margin | 19.32% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Bharat Pet IPO Objectives
The company intended to utilise the Bharat Pet IPO proceeds for strategic purposes:
- • Repayment or Prepayment of debt (in part or in full)
- • Funding the capital expenditure towards the purchase of equipments
- • General corporate purposes
Bharat Pet IPO Review
Bharat Pet Ltd. operates in the manufacturing sector and relies on its core capabilities in specialised packaging. This indicates a business model that caters to consistent demand from consumer-facing industries. They also operate end-to-end engineering capabilities, including in-house tooling, mould designs and so on.
Financially, the company has shown growing financial statements, as for Q2 FY26, the revenue from operations was reported at ₹226.81 crore and PAT was at ₹33.10 crore with an EBITDA of ₹55.87 crore. Notably, the top 10 customers contributed around ₹48.74 crore, which is only 21.49% of the revenue from operations.
However, investors must be aware that the key strengths include a long-standing operational history since 1998 and clear expansion goals; meanwhile, the potential risks, include reliance on third-party logistics, which could affect delivery timelines and the inherent risks associated with capital-intensive expansions. Overall, it presents a traditional manufacturing play in the packaging space.
Conclusion
Bharat Pet IPO is an opportunity for investors to invest in a growing manufacturing entity looking to scale its specialised packaging operations. The company's focus on adding modern machinery and expanding its capacity outlines a clear growth strategy. With this listing, the company aims to fund the purchase and upgradation of the equipment and debt repayment and to strengthen the balance sheet
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 25-03-2026 | View DRHP |
| 2 | SEBI/Exchange approval received | - | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What are the Bharat Pet IPO details?
This issue is a 100% book-built issue of ₹760 crore, which includes a fresh issue of up to ₹120 crore and an Offer for Sale of up to ₹640 crore, with a face value of ₹10 per share.
-
What is the Bharat Pet IPO size?
The total size of the Bharat Pet IPO is aggregated up to ₹760 crore.
-
What is the Bharat Pet IPO date?
The opening date of the IPO will be announced by the company later.
-
What does Bharat Pet Ltd. do?
Bharat Pet Ltd. operates in the manufacturing industry, primarily focusing on producing specialised packaging solutions and operating production lines for various SKUs.
-
Who are the promoters of Bharat Pet?
The promoters of the company are Deepak Gupta, Ankur Gupta and Rahul Gupta.
-
Where will the Bharat Pet IPO be listed?
The equity shares are supposed to be listed on the BSE and the NSE platforms.
