The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewar
SME · BSESubscribed: 3.92×
Bhavik Enterprises IPO
Bhavik Enterprises IPO
Overview
Bhavik Enterprises IPO is a fixed price issue of ₹77.00 crores. The issue is a combination of fresh issue of 0.45 crore shares aggregating to ₹63.00 crores and offer for sale of 0.10 crore shares aggregating to ₹14.00 crores. Bhavik Enterprises IPO opens for subscription on Sep 25, 2025 and closes on Sep 30, 2025. The allotment for the Bhavik Enterprises IPO is expected to be finalized on Oct 1, 2025. Bhavik Enterprises IPO will list on BSE SME with a tentative listing date fixed as Oct 6, 2025. Bhavik Enterprises IPO price is ₹140.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,20,000. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Issue Size
₹55,00,000
Issue Price
₹77.00 Cr
Price Band
₹140 – ₹140
Lot Size
1000 shares
Min. Investment
₹1,40,000
Max. Investment
₹1,40,000
Open Date
25 Sep, 2025
Close Date
30 Sep, 2025
Allotment
01 Oct, 2025
Listing
06 Oct, 2025
Max. Investment
₹1,40,000
Announced
25 Sep, 2025
Opening Date
25 Sep, 2025
Closing Date
30 Sep, 2025
Basis of Allotment
01 Oct, 2025
Initiation of Refunds
03 Oct, 2025
Credit of Shares
03 Oct, 2025
Listing Date
06 Oct, 2025
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About Bhavik Enterprises IPO
Incorporated in 2008, Bhavik Enterprises Limited is engaged in trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP) which has a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more.
Bhavik Enterprises IPO Share Price
Issue Breakdown
Total Issue55,00,000 shares₹77.00 Cr
Fresh Issue42,20,000 shares₹59.08 Cr
Offer for Sale10,00,000 shares₹14.00 Cr
Shareholding
Pre-Issue1,58,58,009
Post-Issue2,03,58,009
Dilution: 28.4% increase in shares
Bhavik Enterprises IPO Promoters Holding
Pre-Issue99.99%
Post-Issue72.98%
Bhavik Enterprises IPO Financial Health
Bhavik Enterprises IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,80,000 |
| HNI (Min) | 3 | 3000 | ₹4,20,000 |
(All values in CR)
Bhavik Enterprises IPO Valuations
The market capitalization of Bhavik Enterprises IPO is ₹285.01 Cr. KPI as of Sun, Mar 31, 2024.
| Metric | Value |
|---|---|
| ROE | 8.93 |
| ROCE | 11.55 |
| RoNW | 8.55 |
| PAT Margin | 1.60 |
(All values in CR)
Bhavik Enterprises IPO Strength & Risk
+Strengths
Bhavik Enterprises IPO Strength:
Established business model with a “Stock & Sale” approach catering to diverse customer segments.
Comprehensive product portfolio covering both PE and PP polymer categories.
Strong presence in high-demand sectors, including packaging, infrastructure, and agriculture.
Strategic import-based sourcing model with efficient warehouse and depot network.
Diversified customer base across small, medium, and large manufacturers.
Long-term relationships with clients and well-established relationships with suppliers.
Debt-free capital structure, indicating strong financial health.
Listing on BSE SME platform enhances brand visibility and credibility.
!Risks
Bhavik Enterprises IPO Risk:
Heavy dependence on imported raw materials makes the business vulnerable to foreign exchange fluctuations.
Termination or non-renewal of distribution agreements with key suppliers like Borouge could severely impact operations.
Substantial revenue concentration in the western region of India creates geographical dependency risk.
Import restrictions or policy changes could adversely impact business operations and cash flows.
Competition from established players and new entrants in the polymer trading segment.
Regulatory changes affecting the polymer industry could impact business operations.
Economic downturns affecting demand in key sectors like packaging and infrastructure.
Fluctuations in crude oil prices impacting the cost of raw materials.
Bhavik Enterprises IPO Subscriptions Status
Bhavik Enterprises IPO subscribed 0.65 times. The public issue subscribed 0.20 times in the individual investors category, [.] times in QIB (Ex Anchor), and 0.93 times in the NII category by September 30, 2025 11:05:36 AM (Day 4).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 2,80,000 | 2,80,000 | 3.92 |
| Non-Institutional Buyers | 0.86 | 26,10,000 | 22,40,000 | 31.36 |
| Individual Investors (IND category bidding for 2 Lots) | 0.17 | 26,10,000 | 4,42,000 | 6.19 |
| Total | 0.59 | 52,20,000 | 30,86,000 | 43.2 |
Bhavik Enterprises IPO GMP
Bhavik Enterprises SME IPO last GMP is ₹0, last updated Sep 30th 2025 10:29 AM. With the price band of 140.00, Bhavik Enterprises SME IPO's estimated listing price is ₹140 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
₹00.0%
Last updated 30 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 30 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 30 Sep, 2025 |
| 29 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 29 Sep, 2025 |
| 28 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 28 Sep, 2025 |
| 27 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 27 Sep, 2025 |
| 26 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 26 Sep, 2025 |
| 25 Sep, 2025 | 0 | ₹0 | - | ₹140 (0.00%) | - | 25 Sep, 2025 |
| 24 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 24 Sep, 2025 |
| 23 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 23 Sep, 2025 |
| 22 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 22 Sep, 2025 |
| 21 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 21 Sep, 2025 |
| 20 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 20 Sep, 2025 |
| 19 Sep, 2025 | 140 | ₹0 | - | ₹140 (0.00%) | - | 19 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Bhavik Enterprises IPO
1
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
2
Go to IPO Section
Find Bhavik Enterprises IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
3
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
4
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
5
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.