Bhavik Enterprises Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,610,000 (47%) | — | ₹3,654 Cr |
| Retail | — | 2,610,000 (47%) | — | ₹3,654 Cr |
| Market Maker | — | 280,000 (5%) | — | ₹39 Cr |
| Σ Total | — | 5,500,000 (100%) | — | ₹77,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 531 | 500 | 491 |
| EBITDA | 4 | 5 | 17 |
| Profit After Tax | 6 | 8 | 16 |
| Net Worth | 98 | 92 | 84 |
| Total Assets | 173 | 137 | 157 |
| Reserves & Surplus | 82 | 87 | 79 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working Capital Requirements of the Company – 47.50
- General corporate purposes – 7.10
Company Overview
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.
The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewares, piping, films, and containers.
Product Portfolio:
- POLYETHYLENE (PE): The Import and trade various polyethylene types like HDPE, LDPE, LLDPE, and MLLDPE for packaging.
- POLYPROPYLENE (PP):Polypropylene is a lightweight, durable, chemical-resistant plastic widely used in packaging, textiles, and automotive.
Competitive Strengths:
- Wide product portfolio having applications across various industries verticals
- Long term relationship with clients
- Well established relationship with suppliers
- Strategic location of our warehouses and depots