How to Check BMW Ventures IPO Allotment Status?

BMW Ventures Limited is primarily engaged in trading and distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and fabrication of pre-engineered buildings and steel girders. The company operates and maintains six stockyards (one in Purnea, five in Patna) and dealing in TMT Bars, GI Sheets, HR Sheets, Wire Rods, Galvanized Color Coated Sheets, Doors, GP Sheets, Pipes, Hollow Sections, Screws, and other steel-related products, additionally serving as distributor of tractor engines and spare parts in Bihar.

The BMW Ventures IPO came with a total issue size of ₹231.66 crore, comprising entirely a fresh issue of 2.34 crore shares aggregating to ₹231.66 crore. The IPO opened on September 24, 2025, and closed on September 26, 2025. The allotment for the BMW Ventures IPO is expected to be finalized on Monday, September 29, 2025. The BMW Ventures IPO share price band was set at ₹94 to ₹99 per share.

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Steps to Check BMW Ventures IPO Allotment Status on Registrar Site

• Visit the Cameo Corporate Services Ltd. website  
• Select "BMW Ventures" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check BMW Ventures IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "BMW Ventures" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

BMW Ventures IPO Subscription Status

BMW Ventures IPO received weak investor interest, being subscribed only 1.50 times overall. The subscription showed mixed response with weak retail participation but decent institutional interest. Here is a category-wise breakdown of the subscription as of 5:05:15 PM on September 26, 2025:

• Non-Institutional Investors (NII): 3.03 times.
• QIB Category: 3.09 times.

BMW Ventures IPO Share Price and Investment Details

The BMW Ventures IPO stock price band was set at ₹94 to ₹99 per share with a minimum lot size of 151 shares. The minimum investment required for retail investors was ₹14,949 for 1 lot (151 shares). Given the weak overall subscription of 1.50 times with retail subscription below 1x at 0.99 times despite decent institutional interest, the BMW Ventures IPO share price is expected to list flat or at modest discount.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Working capital requirements: ₹173.75 crore.
• General corporate purposes: Remaining amount.

Business Overview

BMW Ventures Limited operates in highly competitive and fragmented steel trading and distribution segment, showing inconsistent financial performance with modest 6% revenue growth and 10% PAT increase between FY24-FY25, maintaining high debt-equity ratio of 2.04 and low profit margins (1.59% PAT margin, 4.24% EBITDA margin). The weak retail subscription below 1x indicates investor skepticism about the company's business model, competitive positioning in Bihar's steel distribution market, and growth prospects. The company's regional focus and dependence on steel commodity cycles, combined with high leverage and thin margins, suggests this represents a challenging investment proposition in a highly commoditized sector.