Gallard Steel IPO...
14 Nov, 2025
BMW Ventures IPO
BMW Ventures IPO is a book build issue of ₹231.66 crores. This issue is an entirely fresh issue of 2.34 crore shares of ₹231.66 crore. The BMW Ventures IPO price band is set at ₹94.00 to ₹99.00 per share and the lot size for an application is 151. The tentative listing date on the exchange (BSE, NSE) is October 1, 2025. The BMW Ventures Ltd. IPO opens on 24th September and closes on 29th September.
Company Background
BMW Ventures was officially incorporated as a limited company on October 07, 1994. Major segments of manufacturing diversion are pre-engineered buildings (PEB) and steel grids for railways [approved by the Research Designs & Standard Organisation (RDSO)] and it also manufactures and trades in polyvinyl chloride (PVC) pipes and colored sheets on a small scale.
Operations & Product Range
BMW Venture has a major presence in trading, distribution and manufacturing. Their core business involves distributing steel products such as TMT bars, GI sheets, wire rods, galvanized color-coated sheets, doors, GP sheets, pipes, hollow sections, screws and other steel-related products. This comprehensive product portfolio underpins the company’s central role in steel distribution.
Facility & Production
The BMW Venture operates six stockyards in Bihar [one in Purnea and five in Patna]. But the main hub of operations is still Bihar. The distribution network spans 28 of Bihar’s 38 districts. The fabrication unit at its Purnea stockyard has a capacity of 12,000 MTPA for PEBs and steel girders. Its roll-forming unit has a capacity of 3000 MTPA for producing color-coated GP sheets.
Brand & Market Presence
BMW Venture IPO has been serving since 1994 in the manufacturing industry with consistent revenue growth, profitability and a leading market position. The company's strong distribution network reach, which has been built over 30 years, shows a competitive strength. Plus, their diverse product portfolio expands its offering. Brand diversification into manufacturing with its own brand names—BMW POLYTUBE, RDSO-approved steel girders and tractor parts.
Revenue Channels
- • The primary source of revenue for BMW Ventures is the trading and distribution of steel products, which account for over 98% of the company’s total revenue from operations.
- • The key revenue-generating activities include TMT bars, sheets and other steel products.
- • Another source of revenue for BMW Ventures Ltd. is the manufacturing and fabrication and distribution of tractor engines and spare parts.
Management & Shareholding
Promoters & Shareholding
Promoters of the BMW Ventures IPO focus on steel products trading, manufacturing and distribution in India. The mission of BMW Venture is to deliver high-quality steel solutions that drive progress and build the foundation for a stronger tomorrow. "From infrastructure to automotive and beyond, our products touch lives and transform industries," said their chairman.
Board Members
The board of BMW Ventures IPO comprises Non-executive Independent Directors and Key managerial personnel with expertise in decision making and operations, finance and corporate governance. The audit committee is responsible for overseeing the financial report and the Nomination and Remuneration committees for formulating criteria for board appointments and the Stakeholder Relationship Committee is responsible for investors' grievances.
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.
BMW Ventures IPO
| 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.**
BMW Ventures IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 24, 2025, to September 26, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Lot Size | 151 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 23,400,000 shares (aggregating up to ₹231.66 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 63,315,000 shares |
| Shareholding Post Issue | 86,715,000 shares |
BMW Ventures IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Sep 24, 2025 |
| IPO Close Date | Fri, Sep 26, 2025 |
| Tentative Allotment | Mon, Sep 29, 2025 |
| Initiation of Refunds | Mon, Sep 29, 2025 |
| Credit of Shares to Demat | Tue, Sep 30, 2025 |
| Tentative Listing Date | Wed, Oct 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 26, 2025 |
BMW Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1,963 | ₹194,337 |
| S-HNI (Min) | 14 | 2,114 | ₹209,286 |
| S-HNI (Max) | 66 | 9,966 | ₹986,634 |
| B-HNI (Min) | 67 | 10,117 | ₹10,01,583 |
BMW Ventures IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre-Issue | 100% |
| Promoter Holding Post Issue | 73.02% |
Competitive Strength:
- • The company has an exclusive distribution that helps in maintaining an exclusive relationship with the customers.
- • The Research Designs and Standards Organization (RDSO) has approved the supply of steel girders to the Indian Railways.
- • Since 1994, working in the field has developed and established regional leadership.
- • An extensive dealer network of over 1299 dealers across Bihar.
- • Consistent performance of revenue growth and profit growth in the market.
BMW Ventures IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 676.09 | 2,067.33 | 32.82 | 146.80 | 428.39 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 646.15 | 1,942.03 | 29.94 | 186.71 | 395.30 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 481.79 | 2,018.12 | 32.66 | 156.48 | 283.58 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 15.62% |
| ROCE | 12.80% |
| Debt/Equity | 2.04 |
| RoNW | 16.54% |
| PAT Margin | 1.59% |
| EBITDA Margin | 4.24% |
| Price to Book Value | 2.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.18 | 3.79 |
| P/E (x) | 19.1 | 26.15 |
Objective of BMW Ventures IPO
- • Expenditure on steel manufacturing and distribution across India.
- • Expansion of existing steel manufacturing units.
- • Exposure and expansion of PVC steel and colored pipe.
- • Strategic focus on steering long-term growth in the market position.
Conclusion
The BMW Ventures IPO offers investors access to a well-established company with a strong reputation and growth in the steel manufacturing industry, with growing PEB steels. Its diversified structure and diverse business segments make it more competitive. BMW Venture Ltd. IPO is operating in a highly competitive and fragmented segment. The fundraising will support capacity and reduce debt, enabling future growth.
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Frequently asked Questions (FAQs )
-
What are the BMW Ventures IPO dates and price band?
Opens on 24th September and closes on 29th September, with the price band set at INR 94.00 to INR 99.00 per share.
-
What is the main business of BMW Venture?
Manufacturing of pre-engineered steel sheds/units and RDSO-approved steel girders and Polyvinyl Chloride (PVC) pipes and colored sheets on a small scale.
-
What is the issue size and the minimum investment?
Issue size is INR 231.66 Cr. and the minimum lot size of 151 shares requires an investment of ₹14,949.
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Who are the promoters of the BMW Ventures IPO?
Mr. Bijay Kumar and Mr. Ravi Kant Jagetiya is one of the experienced promoters who have contributed to the company’s growth and operational strategy since 1994.
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How will the IPO proceeds be used?
For capacity expansion, debt repayment, facility enhancement and general corporate purposes.
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When will the BMW Ventures IPO shares be listed?
Will list on BSE, NSE, with a tentative listing date fixed as Oct 1, 2025.
-
How broad is the company’s market presence?
Over 1,299 dealers are located in 29 of Bihar's 38 districts.
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