
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
Overall Subscription
1.50x
Total Demand
QIB Multiplier
3.09x
Institutions & Funds
NII / HNI
3.03x
High Net-Worth
Retail (RII)
0.99x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 234,000 | 724,045 | 3.09x |
| NIB | 5,616,000 | 17,018,455 | 3.03x |
| HNIs(10L +) | 3,744,000 | 12,774,902 | 3.41x |
| HNIs (2-10L) | 1,872,000 | 4,243,553 | 2.27x |
| RETAIL | 17,550,000 | 17,425,098 | 0.99x |
| Total | 29,016,000 | 52,186,053 | 1.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 116,225 | 101,034 | 0.87x |
| HNIs(10L +) | — | 116 | 0.00x |
| HNIs (2-10L) | 886 | 1,972 | 2.23x |
| Total Applications | 117,111 | 103,122 | 0.88x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for BMW Ventures Limited IPO is ₹1 per equity share. Based on the upper price band of ₹94 to ₹99 per equity share, the estimated listing price is ₹100 (+1.0% expected listing gain).
With a lot size of 151 shares and current GMP of ₹1, the expected profit per application lot is approx ₹151 (+1.0% gain). Minimum application cost is approx ₹14,949.
The BMW Ventures Limited IPO aggregate issue size is ₹231.66 Crores with an equity price band set at ₹94 to ₹99 per equity share. The retail lot size is 151 shares requiring a minimum capital outlay of approx. ₹14,949.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.50x (Retail: 0.99x, QIB: 3.09x, NII: 3.03x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-09-29. Investors can verify status using PAN card or application number.
BMW Ventures Limited shares are scheduled to list on NSE and BSE on 2025-10-01.