The BMW Ventures IPO minimum market lot is 151 shares with ₹14,949 application amount. The BMW Ventures IPO is a Mainboard IPO, and it is to be listed on BSE NSE.
Incorporated on October 07, 1994, BMW Ventures Limited is one of the well-known companies involved in the distribution of Long and Flat steel products in the state of Bihar (India). The company is engaged in the making of various steel products such as TMT bars, GI sheet, HR sheet, Wire rods, Galvanized Color Coated sheet, Doors, GP sheet, Pipes, Hollow Sections, Screw and more. Additionally, they are also the leading distributor of tractor engines and spare parts in Bihar.
Aside from distributing steel products, the company is also occupied fabrication of Pre-Engineered Buildings (PEB), manufacturing of PVC pipes, and RDSO-approved manufacturer of Steel Girders used in the construction of bridges for Indian Railways in Bihar. The company buys steel products from its suppliers based on factors like quantity, type of steel, and quality. BMW Ventures includes a supported team of 110 employees as of July 31, 2024.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
BMW Ventures IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.08 | 1.08 | 3.09 |
| NII | 0.02 | 0.05 | 3.03 |
| bNII | 0.01 | 0.01 | 3.41 |
| sNII | 0.04 | 0.11 | 2.27 |
| RII | 0.13 | 0.27 | 0.99 |
| Total | 0.11 | 0.22 | 1.50 |
BMW Ventures IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
BMW Ventures IPO Review
- May Apply for long term
BMW Ventures IPO Form
How to apply for the BMW Ventures IPO? You can apply for BMW Ventures IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the BMW Ventures IPO in the Invest section. The other option is you can apply for BMW Ventures IPO via IPO forms downloaded online. Check out the BMW Ventures forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
