BMW Ventures Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third and final day of subscription, with BMW Ventures' stock price set at ₹94-99 per share reflecting steady market reception. The ₹231.66 crore IPO reached 1.50 times by 5:05:15 PM on day three.
BMW Ventures IPO non-institutional investors segment leads with strong 3.03 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate strong participation at 3.09 times and individual investors show limited interest at 0.99 times, reflecting measured investor confidence in this Bihar-based steel trading company.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 24) | 1.08 | 0.02 | 0.13 | 0.11 |
| Day 2 (September 25) | 1.08 | 0.05 | 0.27 | 0.22 |
| Day 3 (September 26) | 3.09 | 3.03 | 0.99 | 1.50 |
Day 3 Subscription Details
Here are the subscription details for BMW Ventures IPO as of Day 2 (September 25, 2025, 4:58:21 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3.09 | 2,34,000 | 7,24,045 | 7.17 |
| Non-Institutional Buyers | 3.03 | 56,16,000 |
1,70,18,455 |
168.48 |
| bNII (bids above ₹10L) | 3.41 | 37,44,000 | 1,27,74,902 | 126.47 |
| sNII (bids below ₹10L) | 2.27 | 18,72,000 | 42,43,553 | 42.01 |
| Individual Investors | 0.99 | 1,75,50,000 | 1,74,24,947 | 172.51 |
| Total | 1.50 | 2,34,00,000 | 3,51,67,447 | 348.16 |
Key Highlights - Day 3
- Overall subscription reached moderate 1.50 times, showing substantial improvement from day two's 0.22 times
- Qualified institutional buyers (ex-anchor) showing strong performance at 3.09 times, building substantially from day two's 1.08 times
- Non-institutional investors displaying strong interest at 3.03 times, building substantially from day two's 0.05 times
- Individual investors showing limited confidence at 0.99 times, building substantially from day two's 0.27 times
- Total applications reached 1,01,984, indicating reasonable investor participation for this mainboard IPO
- Cumulative bid amount reached ₹348.16 crores, significantly exceeding the issue size of ₹231.66 crores
Key Highlights - Day 2
- Overall subscription reached weak 0.22 times, showing marginal improvement from day one's 0.11 times but remaining extremely poor
- Qualified institutional buyers maintaining moderate performance at 1.08 times, unchanged from day one and being the only category to achieve full subscription
- Individual investors demonstrating minimal confidence at 0.27 times, building from day one's 0.13 times but still showing very weak retail sentiment
- Non-institutional investors showing minimal performance at 0.05 times, building slightly from day one's 0.02 times but remaining negligible
- Total applications reached 25,629, indicating low investor participation for this mainboard IPO
- Cumulative bid amount reached ₹51.58 crores, representing only 22% of the issue size of ₹231.66 crores
Key Highlights - Day 1
- Overall subscription reached weak 0.11 times, showing extremely poor initial investor interest in this steel trading IPO
- Qualified institutional buyers showing moderate performance at 1.08 times, being the only category to achieve full subscription despite small allocation
- Individual investors displaying minimal confidence at 0.13 times, showing very weak retail sentiment despite large 75% allocation
- Non-institutional investors demonstrating minimal performance at 0.02 times, with both bNII and sNII segments showing negligible interest
About BMW Ventures
BMW Ventures Limited is primarily engaged in trading and distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and fabrication of pre-engineered buildings, operating through 1,299 dealers across 29 districts in Bihar with six stockyards in Purnea and Patna.
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