BMW Ventures Limited IPO Dates, Bid, Size, Allotment, Subscription, GMP, Listing, Price

Let’s have a detailed review of the company and analytics of the BMW Ventures IPO release date, IPO offer price, subscription, BMW Ventures Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters, and other related things. Stock Broker Complaints


BMW Ventures IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.5/10
Industry Ranking7.1/10
Company Background7.3/10
Company Reputation7.2/10
Competitive Edge7.7/10
Financial Statements7.1/10
Popularity Index7.4/10
Promoters Reputation7.7/10
Retail Appetite7.1/10
Top Brokers Review7.9/10
Overall Ratings7.4/10
Star Ratings★★★★☆

Summary of BMW Ventures IPO

BMW Ventures Limited IPOThe Company market, sell and distribute the products to our diverse customers based in Bihar and have established our sales network in domestic markets. BMW Ventures works on two-way marketing strategy, one being direct approach to our customers and the other through dealers.

Company is engaged in marketing and trading/distributor of steel products, tractor & tractor spare parts. As per restated total income for the Fiscal ended March 31, 2019, 2018 and 2017 was Rs. 11097.32 Lakhs, Rs.82097.74 Lakhs and Rs. 71451.56 Lakhs respectively. Our restated profit after tax for the Fiscal ended March 31, 2019, 2018 and 2017 was Rs. 1257.26 Lakhs, Rs. 1042.60 Lakhs and Rs. 569.32 Lakhs respectively.

The Promoters of this company are BMW Ventures Limited and Communication Limited IPO Bijay Kumar Kishorepuria, Nitin Kishorepuria, Sabita Devi Kishorepuria, and Rachna Kishorepuria. The lead managers to the issue are GUINESS CORPORATE ADVISORS PRIVATE LIMITED and the Registrar to this issue is CAMEO CORPORATE SERVICES LIMITED.


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    BMW Ventures Limited IPO Date

    The opening and the closing date of the BMW Ventures Limited IPO are not known yet.


    BMW Ventures Limited IPO Subscription

    Day / DateQIBNIIRIITotal Subscription
    1st Day – 
    2nd Day – 
    3rd Day – 
    4th Day – 
    5th Day – 
    Shares Offered or Net Issue

    The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.


    BMW Ventures Limited IPO Allotment Status

    Here, you can find the Allotment Status of this IPO.

    Basis of Allotment Finalization
    Refunds Initiation
    Credit of Shares to Demat Account
    Share Listing Date

    BMW Ventures Limited IPO Price Band or Cash Price

    Rs. [•] per Equity Share


    BMW Ventures Limited IPO Issue Size

    Rs. [•] per Equity Share


    BMW Ventures Limited IPO Equity Share Offering

    The Issue size comprises issuance of up to 57,44,000 Equity Shares of face value of Rs. 10 each fully paid-up for cash at price of Rs. [●] per Equity Share aggregating to Rs. [●] Lakhs.


    BMW Ventures Limited Limited – Company Overview

    Company was originally incorporated on October 07, 1994 and a Certificate of Incorporation was issued by Registrar of Companies, Bihar, Patna and Certificate of Commencement of Business was issued by Registrar of Companies, Bihar dated October 19, 1994.

    They are well supported by qualified and experienced professionals at different levels with appropriate functional responsibilities. As on the date, we have a total workforce of 447 including 33 senior executives, 140 supervisory staff, 15 office staff, 259 skilled and unskilled workers.

    BMW Ventures Limited Business Model

    The key to the business process of Company is marketing and creating awareness about the product. At the outset, they need to identify the customer base and assess their requirements. After identifying the customer/dealer, they put forth our proposal explaining about the products to the customers/dealers. On being convinced about the products, the customer/dealer then sends company their requirement.

    Based on the customer/dealer requirement, a purchase order is prepared covering specifications of product, quantity, price etc. Based on mutual discussions, a final quotation is drawn up and product is dispatched to the customer/dealer specified location.

    BMW Ventures Limited Business Process

    Company, sell and distribute the products to the diverse customers based in Bihar and have established sales network in domestic markets. They work on two-way marketing strategy, one being direct approach to customers and the other through dealers.

    Business strategies of BMW Ventures Limited

    • Increasing the customer base
    • Increase geographical presence
    • Increasing our Product Portfolio
    • Leveraging our market skills and relationships

    BMW Ventures Limited – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

    Financial Summary of BMW Ventures IPO

    On the basis of Standalone statement:-

    Amount (in INR & lakhs)
    31-Mar-19Mar-1831-Mar-17
    Total Assets22,811.9718,356.5815,425.62
    Total Revenue110,973.3282,097.7471,451.56
    Total Expense109,071.1380,431.7570,568.88
    Profit After Tax1,257.261,042.60569.32

    Earnings per Equity Share (in lakhs)

    31-Mar-1931-Mar-1831-Mar-17
    Basic & Diluted7.946.593.60

    From the above statements, one could find that BMW Ventures Limited may perform well.


    BMW Ventures Limited IPO – Promoters

    The Promoter of this company is:

    • Bijay Kumar Kishorepuria,
    • Nitin Kishorepuria,
    • Sabita Devi Kishorepuria, and
    • Rachna Kishorepuria

    List of Related Parties (Key Managerial Personnel)

    • Rahul Kumar
    • Kamal Raj
    • Bijay Kumar Kishorepuria
    • Nitin Kishorepuria
    • Kamal Raj
    • Birendra Yadav

    Interest in promotion of the Company

    Promoters are interested in Company to the extent that they have promoted Company and to the extent of their shareholding and the dividend receivable. Promoters may be interested to the extent the Company has availed unsecured loans from them which are repayable on demand.

    Interest in Intellectual Rights of the Company

    As on the date of filing of the Draft Red Herring Prospectus, the Company does not own any intellectual property rights.


    BMW Ventures Limited IPO Offer Details or Issue Details

    Particulars No. Of Equity Shares
    Issue of Equity Shares by our CompanyIssue of upto 57,44,000* Equity Shares having face value of Rs. 10.00 each at a price of Rs. [●] per Equity Share (including a share premium of Rs. [●] per Equity share) aggregating Rs.[●] lakhs
     Of which:
    Market Maker Reservation PortionUpto [●]* Equity Shares having face value of Rs.10.00 each at a price of Rs.[●] per Equity Share
    aggregating Rs.[●] lakhs
    Net Issue to the PublicUpto [●]* Equity Shares having face value of Rs.10.00 each at a price of Rs.[●] per Equity Share
    aggregating Rs.[●] lakhs
     Of which:
    (A) Retail PortionUpto [●]* Equity Shares having face value of Rs.10.00 each at a price of Rs.[●] per Equity Share aggregating Rs. [●] lakhs will be available for allocation to Retail Individual Investors
    (B) Non – Institutional PortionUpto [●]* Equity Shares having face value of Rs.10.00 each at a price of Rs.[●] per Equity Share aggregating Rs. [●] lakhs will be available for allocation to other than Retail Individual Investors
    Pre-and Post-Issue Equity Shares
    *Equity Shares outstanding prior to the Issue1,58,28,750 Equity Shares
    Equity Shares outstanding after the Issue2,15,72,750 Equity Shares

    BMW Ventures Limited IPO Issue Object

    These are the IPO Issue Objects of the company

    • Funding the working capital requirement of the Company
    • General Corporate Purpose
    • Issue Expenses

    BMW Ventures Limited IPO – Basis of the Offer Price

    The issue price is determined by the company in consultation with the Lead manager, on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Experienced Management Team
    • Multiple products
    • Relationship with established players in industry
    •  Selling and Distribution network

    The relevant quantitative factors are:

    On the basis of standalone statement:-

    Basic & Diluted EPSRONW NAV (Rs.)
    31-Mar-173.6015.33%
    31-Mar-186.5921.91%
    31-Mar-197.9420.90%38.00
    • Price to Earnings (P/E) ratio in relation to Issue Price Rs. [●] per Equity Share of Rs. 10 each fully paid up
    ParticularsP/E ratio
    HighestNA
    AverageNA
    LowestNA

    BMW Ventures Limited IPO Lead Managers

    Lead Managers
    GUINESS CORPORATE ADVISORS PRIVATE LIMITED
    18 Deshapriya Park Road, Kolkata – 700 026,
    West Bengal, India
    Tel: +91 – 33 – 3001 5555
    Email:gcapl@guinessgroup.net
    Investor Grievance Email: gcapl.mbd@guinessgroup.net
    Website:www.guinesscorporate.com
    SEBI Registration No.: INM 000011930
    Contact Person: Alka Mishra
     

    BMW Ventures Limited IPO Registrar to offer

    Registrar to the Offer
    CAMEO CORPORATE SERVICES LIMITED
    Subramanian Building, No.1, Club House Road, Chennai- 600002
    Tamil Nadu, India
    Tel : +91- 44 4002 0700/2846 0390;
    Fax : +91-44 2846 0129;
    E-mail: cameo@cameoindia.com
    Website: www.cameoindia.com;
    SEBI Registration No: INR000003753
    Contact Person: R.D. Ramasamy.

    BMW Ventures Limited IPO Other Details:

    • Statutory Auditor – M/s. ADV & Associates, Chartered Accountants
    • Peer Review Auditor – NA
    • Bankers to the Company – Oriental Bank of commerce, Axis BANK, Icici Bank Ltd. Standard Chartered bank

    BMW Ventures Limited IPO GMP / Grey Market Premium

    The BMW Ventures Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


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      BMW Ventures Limited IPO News

      News 1 – Download DRHP Prospectus


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