243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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BMW Ventures Limited

Patna

Date of DRHP : 04 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

BMW Ventures Basic Details

   Steel

Sub Sector: distribution business of steel products

About the Company

BMW Venture is primarily engaged in distribution business and is well known distributor of Long and Flat steel product in the state of Bihar (India) since 1996, with supportive business model to cater the quality and timely dispatch of orders to the dealers. BMW Venture deal in various steel products like TMT bars, GI sheet, HR sheet, Wire rods, Galvanized Color Coated sheet, Doors, GP sheet, Pipes, Hollow Sections, Screw and more. Also company is the distributor of tractor engine of in Bihar. Furthermore, as a part of diversification, BMW Venture is also engaged in distribution of tractor engines and spare parts to dealers. Apart from distribution, BMW Venture is also engaged in fabrication of Pre Engineered Buildings (PEB), manufacturing of PVC pipes and RDSO approved manufacturer of Steel Girders used in construction of bridges for Indian Railways in Bihar. Collectively BMW Venture is also into business of distribution of steel product and tractor Engines and spare parts and fabrication and manufacturing of PEB, PVC and Steel Girders. BMW Venture's Steel distribution business is much larger in terms of revenue compared to manufacturing/fabrication verticals. Steel distribution business has contributed 97.56%, 98.10% and 97.38% to the Revenue from Operations for fiscal 2024, fiscal 2023 and fiscal 2022 respectively. Tractor engine distribution has contributed 0.89%, 1.24% and 2.07% to the Revenue from Operations for fiscal 2024, fiscal 2023 and fiscal 2022 respectively. PVC business has contributed 0.08%, 0.17% and 0.15% to the Revenue from Operations for fiscal 2024, fiscal 2023 and fiscal 2022 respectively. PEB business has contributed 0.58% and 0.05% to the Revenue from Operations for fiscal 2024 and fiscal 2023 respectively. Steel Girders business has contributed 0.42% to the Revenue from Operations for fiscal 2024.

Financial Summary (Annualised Basis)

Revenue :
1942.03 Cr.

PAT :
29.94 Cr.

BMW Ventures IPO Lead Manager(s)

Sarthi Capital Advisors Private Limited

BMW Ventures IPO Registrar

Cameo Corporate Services Limited

BMW Ventures DRHP Details

Objects of issue

  • Funding working capital requirements
  • General Corporate Purposes

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FAQs

BMW Ventures operates in Steel and distribution business of steel products. The Issue would be listed on MainBoard. The registrar of the Issue is Cameo Corporate Services Limited. The IPO type of BMW Ventures is Book Building Process and Object of issue is

  • Funding working capital requirements
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of BMW Ventures IPO was filed on 04 Sep 2024.

No, BMW Ventures IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of BMW Ventures are not available now. You can apply in BMW Ventures IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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