
Financial Services · NSE / BSE
BMW Ventures Limited, established in 1996, is a leading distributor of long and flat steel products in Bihar, serving 29 out of 38 districts through a strong network of over 1,000 dealers. The company offers a wide range of steel products such as TMT bars, GI sheets, HR sheets, wire rods, pipes, hollow sections, and doors, along with tractor engines and spare parts as part of its diversification strategy. It is also engaged in fabrication of pre-engineered buildings, manufacturing of PVC pipes, and RDSO-approved steel girders for Indian Railways. Sourcing exclusively from primary suppliers, its products find applications in construction, automotive, and general engineering sectors. As of July 31, 2024, the company employs 614 people across its operations.
Price Band
₹94 – ₹99
Issue Size
₹232 Cr
Lot Size
151 shares
GMP
+1.0%
Est. Listing
₹100
at current GMP
Subscribed
1.50x
overall
Open
24 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Refund
30 Sep 2025
Demat Credit
1 Oct 2025
Listing
1 Oct 2025
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
29 Sep 2025
Basis finalization
Refunds Initiate
30 Sep 2025
Mandate release
Demat Credit
1 Oct 2025
Shares in demat
Listing Debut
1 Oct 2025
Trading begins
BMW Ventures Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹231.66 Crores. The shares are offered at a price band of ₹94 to ₹99 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-26, the basis of allotment is scheduled to be finalized on 2025-09-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.