BMW Ventures Limited IPO
BMW Ventures is a diversified industrial company engaged in the trading, distribution, manufacturing, and fabrication of steel products, tractor engines and spare parts, PVC pipes, roll-formed products, and Pre-Engineered Buildings (PEB) and steel girders. With a strong presence in Bihar, including major operations in Purnea and Patna, the company has established itself as a leading distributor and fabricator serving both retail and institutional clients.
Business Model
BMW Ventures operates a multi-segment business model combining distribution, manufacturing, and fabrication:
1. Steel Distribution: Exclusive distributor of long and flat steel products, including TMT bars, GC sheets, HR sheets, CR sheets, galvanized wires, hollow sections, doors, and windows. Products are supplied through a dealer network of over 1,299 dealers across 29 districts in Bihar.
2. Tractor Engine & Spare Parts Distribution: Distribution of tractor engines and spare parts to a network of dealers across Bihar.
3. Manufacturing & Fabrication: Production of PVC pipes, roll-formed products, and fabrication of PEB and steel girders. The company is an RDSO-approved fabricator for steel girders and offers cut-to-length services for HR and GP sheets.
4. Logistics & Supply Chain: In-house and third-party logistics support across six stockyards to ensure timely delivery and inventory management.
The company applies a cost-plus pricing model, factoring in steel costs, operational expenses, and profit margins, with pricing adjusted based on market demand and competition.
Operations & Infrastructure
BMW Ventures operates six stockyards—one in Purnea and five in Patna—supporting fabrication, storage, and distribution of steel products. These facilities are equipped with material handling equipment for loading, unloading, cutting, shaping, and resizing products according to dealer requirements.
Strengths & Competitive Advantage
i) Experienced Leadership: Promoters with decades of experience in steel trading and distribution provide strategic guidance and ensure strong relationships with primary suppliers.
ii) Exclusive Supplier Relationships: Long-standing partnerships with primary steel suppliers strengthen procurement reliability and quality assurance.
iii) Extensive Distribution Network: A dealer network of over 1,299 dealers enables wide-reaching market coverage and efficient product delivery.
iv) Diverse Industry Presence: Serves multiple sectors including construction, agriculture, automotive, and general engineering.
v) Proven Financial Performance: Demonstrated consistent revenue growth with FY2025 revenue of ₹2,06,203.52 lakhs, FY2024 revenue of ₹1,93,819.63 lakhs, and FY2023 revenue of ₹2,01,509.72 lakhs.
Objects of the BMW Ventures Limited IPO:
BMW Ventures Limited IPO Details:
Open Date: | Sep 24 2025 |
Close Date: | Sep 26 2025 |
Total Shares: | 2,34,00,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 231.66 Cr. |
Lot Size: | 151 Shares |
Issue Price: | ₹ 94-99 Per Equity Share |
Listing At: | NSE,BSE |
Listing Date: | Oct 01 2025 |
Promoters And Management:
Financials of BMW Ventures Limited IPO:
Particulars | FY2024-2025 | FY 2023-2024 | FY 2022-2023 |
Revenue from Operations( Cr) | 2,062.03 | 1,938.19 | 2,015.09 |
EBITDA (Cr) | 87.39 | 72.55 | 67.84 |
EBITDA Margins | 4.24% | 3.74% | 3.37% |
PAT (Cr) | 32.82 | 29.93 | 32.65 |
PAT Margins | 1.59% | 1.54% | 1.62% |
ROCE | 12.80% | 11.68% | 14.31% |
Debt to Equity Ratio(In Times) | 2.04 | 2.12 | 1.81 |
Operating Cash Flows (Cr) | 50.22 | -53.04 | -80.93 |
Comparison With Peers:
Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
BMW Ventures Limited | 2,062.03 | 4.24% | 1.59% | 12.80% | 2.04 | 858.47 | 26.16 |
Shiv Aum Steel Limited | 548 | 3% | 1.82% | 1.07% | 0.81 | 404 | 41.8 |
Lead Manager of BMW Ventures Limited IPO:
Registrar of BMW Ventures Limited IPO:
Discussion on BMW Ventures Limited IPO:
Leave a Reply
You must be logged in to post a comment.