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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the BMW Ventures Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹99
Per ShareLot Size
151 Shares
Minimum Investment
₹14,949
Issue Size
₹231.66 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
75%
QIB Quota
1%
NII Quota
24%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.02%
Issue Type
Book Building
ISIN
INE965W01036
Our company is engaged in the trading and distribution of steel products, tractor engines, and spare parts, as well as the manufacturing of PVC pipes and roll-forming of GP sheets under the Blue Diamond brand. We also fabricate Pre- Engineered Buildings (PEB) and steel girders. With a strong distribution network across 29 of Bihar's 38 districts, we serve over 1,250 dealers. Our product range includes long steel products (TMT bars, galvanized wires, structural hollow sections), flat steel products (GC, GP, HR, CR sheets and coils), and other items like Agrico tools and residential/commercial doors and windows.
India's domestic steel demand grew at a 7% CAGR from FY2018 to FY2024, despite a pandemic-induced dip of 5.3% in FY2021. The sector rebounded strongly in FY2022 with 11.4% growth, driven by revived industrial activity and pent-up demand. By FY2024, steel demand increased to 136.3 MT from 100.2 MT in FY2020, largely due to growth in end-use sectors like automobiles, infrastructure, and construction. Looking forword, demand is projected to increase at an 8%-10% CAGR, reaching 216-240 MT by FY2030. Key demand drivers will continue to be building and construction, infrastructure, and packaging, with Building & Construction (B&C) holding the largest share.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 2,34,00,000 equity shares of face value of Rs. 10 each ("equity shares") of the company for cash at a price of Rs. 99 per equity share (including a share premium of Rs. 89 Per Equity Share) ("Issue Price") aggregating up to RS. 231.66 Crore (the "Issue"). the issue would constitute 26.98% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 94/- to Rs. 99/- for equity share of face value of Rs. 10 each. The floor price is 9.40 times times the face value and cap price is 9.90 times of the face value of the equity shares. Bids can made for a minimum of 151 equity shares and in multiples of 151 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as BMW Ventures Limited on October 07, 1994 with the Registrar of Companies, Bihar, Patna, as a limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated October 07, 1994 and Certificate of Commencement of Business issued on October, 19, 1994 by Registrar of Companies, Patna, Bihar.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.