- Issue price
- ₹140per share
- Issue size
- ₹77 Cr55,00,000 shares
- Face value
- ₹10per equity share
- Lot size
- 1,000 sharesMin. ₹1.4 L at the upper price
- OpensThu, 2025
- ClosesTue, 2025
- AllotmentWed, 2025
- ListingMon, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Fixed price, fresh issue and offer for sale
- Fresh issue
- 45,00,000 shares (₹63 Cr)
- Offer for sale
- 10,00,000 shares (₹14 Cr)
- Total issue
- 55,00,000 shares (₹77 Cr)
- Market maker portion
- 2,80,000 shares
- Face value
- ₹10
- Listing at
- BSE SME
- Promoter holding
- 99.54% → 72.62%
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail47.5%
- NII47.5%
- Market maker5.1%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 26,10,000 | 50.00% | 50% |
| Non-institutional investors (NII) | 26,10,000 | 50.00% | 50% |
| Market maker | 2,80,000 | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹140 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 2 | 2,000 | ₹2.8 L |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25- EPS (basic)
- ₹3.58
- P/E
- 39.11×
- RoNW
- 5.80%
- NAV per share
- ₹74.97
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|
| Revenue from operations | 522.77 | 494.12 | 487.27 |
| Total income | 531.46 | 500.35 | 491.09 |
| EBITDA | 3.94 | 4.83 | 17.46 |
| Profit after tax | 5.68 | 7.89 | 15.56 |
| Net worth | 98.02 | 92.34 | 84.44 |
| Reserves and surplus | 82.16 | 87.05 | 79.16 |
| Total assets | 173.22 | 136.52 | 157.46 |
| Total borrowing | 0.00 | 0.00 | 0.00 |
FY 2024-25 vs FY 2023-24: revenue +5.8%, profit after tax −28.0%.
Source: ProspectusUpdated
About the company
The company trades polymers, mainly polyethylene and polypropylene, importing them and selling to plastic product manufacturers in India from its warehouses and depots. It acts as an authorized distributor for Borouge products in India.
- Incorporated
- 2008
- Industry
- Petrochemicals Trading
- CIN
- U51900MH2008PLC186771
- Website
- bhavikenterprises.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue | Shares offered |
|---|---|---|---|
| Ms. Purnima Mukesh Thakkar | 57.28% | 42.66% | 4,00,000 |
| Mr. Mukesh Natverlal Thakkar | 26.64% | 19.27% | 3,00,000 |
| Mr. Bhavik Mukesh Thakkar | 15.62% | 10.69% | 3,00,000 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding working capital requirements | 47.50 |
| General corporate purposes | 7.10 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long-standing trading presence since 2008 with a broad polymer product range.
- Authorized distributor relationship with Borouge and supplier ties with Basell.
- Company reports no borrowings and a debt-free balance sheet.
- Warehouses and depots placed to serve key western Indian markets.
Risks
- Heavy dependence on one supplier, Borouge Pte Ltd, for about 80% of purchases.
- Distribution agreement with Borouge can be terminated on breach or performance shortfalls.
- Majority of revenue comes from the western region, creating geographic concentration.
- Working capital intensive business with large inventory and receivables.
Source: ProspectusUpdated
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹140) appear here after the shares list on BSE SME.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Bhavik Enterprises IPO open and close?
According to the Prospectus, the issue opens on Thursday, 25 September 2025 and closes on Tuesday, 30 September 2025.
What is the Bhavik Enterprises IPO price band?
The final issue price is ₹140 per share.
What is the lot size of the Bhavik Enterprises IPO?
One lot is 1,000 shares, which is ₹1.4 L at ₹140 per share.
Where will Bhavik Enterprises shares list?
On BSE SME. The tentative listing date is Monday, 6 October 2025.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Bhavik Enterprises IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 1 October 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited) or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹47.5 Cr for funding working capital requirements, ₹7.1 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.