BMW Ventures IPO Opens with 11% Subscription on Day 1
BMW Ventures Ltd has opened its initial public offering (IPO), and in the market the response on Day 1 for the IPO has been moderate. The IPO was subscribed 11% on the first day, with investors bidding for 25.38 lakh shares against 2.34 crore shares on offer, as per National Stock Exchange data.
BMW Ventures IPO Subscription Day 1
| Investor Category | Subscription Status |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.08 times |
| Retail Individual Investors (RIIs) | 13% |
| Non-Institutional Investors (NIIs) | 2% |
| Total | 11% |
BMW Ventures IPO Details
| Particulars | Details |
|---|---|
| IPO Size | Up to 2.34 crore equity shares |
| Price Band | ₹94 – ₹99 per share |
| Issue Type | Book Built Issue |
| IPO Subscription Period | September 24 – September 26, 2025 |
| Lead Manager | Sarthi Capital Advisors |
| Industry | Marketing and distribution of steel products |
The public issue will remain open for three days and the close date is September 26, 2025. Market observers will closely track the performance in the remaining days, especially from retail and institutional investors point of view.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult certified financial experts before making any investment decisions.
Also Read: Jinkushal Industries IPO 2025
Frequently asked questions
The IPO opened on September 24, 2025 and will close on September 26, 2025.
On the first day, the IPO was subscribed 11% overall, with QIBs at 1.08 times, Retail at 13%, and NIIs at 2%.
The basis of allotment is expected to be finalized after the issue closes on September 26, 2025.
