BMW Ventures IPO Day 1: Check Subscription Status, GMP & Key Highlights
BMW Ventures Ltd has opened its Initial Public Offering (IPO) today on September 24, 2025. The bidding window for the BMW Ventures IPO will be open till September 26, 2025 for public subscription.
The allotment status for BMW Ventures IPO is expected to be finalised on September 29, 2025 and the company shares will be listed on both BSE and NSE. The tentative listing date is expected to be October 1, 2025.
BMW Ventures IPO Day 1 Subscription Status
[September 24, 2025, 1:45 P.M]
On Day 1, the BMW Ventures IPO saw a subscription of 0.08 times, as per the NSE data. The IPO was subscribed 0.09 times in the Retail Individual Investors (RII) category, 0.01 times in the Non-Institutional Investors (NII) category and 1.08 times in the Qualified Institutional Buyers (QIBs) category.
BMW Ventures Ltd - IPO Details
BMW Ventures IPO will be a bookbuilding of ₹231.66 crores. The issue is entirely a fresh issue of 2.34 crore shares. The issue price band is set at ₹94 to ₹99 per share. The minimum lot size for an application is 151 and the minimum amount required for a retail investor is ₹14,194 (151 shares).
Sarthi Capital Advisors Private Limited is the book-running lead managers, and Cameo Corporate Services Limited is the registrar for the IPO.
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Utilisation of Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company.
- General Corporate Purposes.
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BMW Ventures Ltd - GMP Details
According to Livemint, the Grey Market Potential (GMP) of BMW Ventures Ltd stood at ₹2 as of September 24, 2025, 09:38 am. The estimated listing price is expected to be ₹101 based on the upper price band of ₹99. The expected percentage gain per share is 2.02%.
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Source: Livemint Media Report dated September 24, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
About BMW Ventures Ltd
BMW Ventures Ltd, incorporated in 1994 and based in Patna, Bihar, is engaged in trading and distribution of steel products, tractor engines, and spare parts. The company also manufactures PVC pipes, roll-formed GP sheets, pre-engineered buildings (PEBs), and steel girders. It operates through a dealer network across 29 districts in Bihar, catering to both industrial and retail clients.
BMW Ventures Ltd reported revenue of ₹128.5 crore in FY25 with a profit after tax (PAT) of ₹9.3 crore, showing steady growth over the past three years.
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