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BMW Ventures IPO: The initial public offering (IPO) of BMW Ventures Ltd opened today, September 23, for public bidding, with the issue subscribed 11 per cent at the end of the bidding session. The company aims to raise Rs 231.66 crore from the public offering.

Investors bid for 25.38 lakh shares out of the total 2.34 crore shares on offer, with Qualified Institutional Buyers(QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs), subscribing 1.08 times, 0.02 times and 0.13 times, respectively.

In simpler terms, QIBs led the demand and bid for 2.52 lakh shares against 2.34 lakh shares reserved, NIIs bid for 91,506 shares out of the allotted 56.16 lakh shares, and RIIs bid for 21.94 lakh shares out of 1.75 crore shares reserved.

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The IPO is entirely a fresh issue of Rs 231.66 crore, which means that proceeds will go towards strengthening the company's operations and financial position. The issue has a significant portion of 1.75 crore shares allotted for retail investors.

The company plans to utilise the IPO proceeds to fund the company's working capital needs and for general corporate purposes.

Bidding period: September 24 to September 26, 2025

Issue size: Rs 231.66 crore (entirely fresh issue)

Price band: Rs 94-Rs 99 per share

Minimum investment: Rs 14,949 for 151 shares

Allotment date: September 29, 2025

Listing date: October 1, 2025, on BSE and NSE

BMW Ventures is a steel products distributor based in Patna, operating primarily in Bihar. The company deals in long and flat steel products, tractor engines, spare parts, PVC pipes, and fabrication of pre-engineered buildings and steel girders.

The company reported revenue of Rs 2,062.04 crore for FY25, indicating a 6 per cent increase from Rs 1,938.20 crore in FY24.The Profit After Tax (PAT) stood at Rs 32.82 crore for FY25, a 10 per cent rise from Rs 29.94 crore in FY24. EBITDA was Rs 87.39 crore for FY25.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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