Bihar-based steel distributor's ₹250cr IPO to open next week

Business Sep 20, 2025

BMW Ventures is opening its IPO for subscription from September 24 to 26, 2025.
The company plans to issue 2.34 crore new shares, mainly to pay off ₹173.75 crore of its total ₹428.38 crore debt as of March 2025, with the rest going toward general corporate needs.

BMW Ventures's revenue and profit figures

Based in Bihar, BMW Ventures is big on distributing long and flat steel products—these made up about 98% of its revenue in FY25.
They also handle tractor engines and parts, make PVC pipes, and build things like pre-engineered buildings and steel girders.
Profits grew to ₹32.8 crore in FY25 from ₹29.9 crore last year.

Issue managed by Sarthi Capital Advisors

Sarthi Capital Advisors is managing the IPO process for them.