Bhavik Enterprises IPO Details
The key details of Bhavik Enterprises’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹77.00 Cr |
| Price Range | ₹140 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹2,80,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 72.98% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Bhavik Enterprises IPO Timelines
The IPO process for Bhavik Enterprises includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
25/09/2025
Start Date30/09/2025
End Date03/10/2025
Refund Initiation03/10/2025
Credit of Shares to Demat Ac06/10/2025
Listing DateBhavik Enterprises IPO Lot Size
The Bhavik Enterprises IPO has a fixed lot size of 1,000 shares, at a fixed price band of ₹140 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,80,000. For HNI investors, the minimum application is 3,000 shares (3 lots), requiring an investment of ₹4,20,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2000 | ₹2,80,000 |
| Retail Maximum | 2 | 2000 | ₹2,80,000 |
| HNI Minimum | 3 | 3000 | ₹4,20,000 |
Bhavik Enterprises IPO Subscription Status
The subscription status for Bhavik Enterprises IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.62x | 0.09x | -- | 0.42x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Bhavik Enterprises IPO Company Financials
Bhavik Enterprises reports robust performance in FY2025 December with Total Income of ₹522.77 crores, managing expenses at ₹523.78 crores, and achieving a strong PAT (Profit After Tax) of ₹5.68 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹287.52 | ₹278.42 | ₹6.76 |
| FY 2023 | ₹491.08 | ₹470.21 | ₹15.56 |
| FY 2024 | ₹500.35 | ₹489.69 | ₹7.89 |
| FY 2025 | ₹522.77 | ₹523.78 | ₹5.68 |
About Company
Bhavik Enterprises Limited, incorporated in 2008, is engaged in the trading of polymers with a primary focus on Polyethylene and Polypropylene. These materials have broad applications across industries such as packaging, infrastructure, and agriculture. The company operates on a stock and sale model, which involves importing, storing, and selling polymers to plastic product manufacturers across various sectors including housewares, piping, films, and containers.
The company’s product portfolio includes different types of Polyethylene such as High Density Polyethylene, Low Density Polyethylene, Linear Low Density Polyethylene, and Metallocene Linear Low Density Polyethylene, mainly used for packaging. It also deals in Polypropylene, a lightweight and durable plastic known for its chemical resistance, used extensively in packaging, textiles, and the automotive industry. As of December 31, 2024, Bhavik Enterprises Limited employs 18 people.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Plastic Products | Bhavik Thakkar |
Know Before Investing
Bhavik Enterprises IPO Strengths
- Supplies a broad range of polymer products, including various grades of Polyethylene (PE) and Polypropylene (PP), catering to diverse industries like packaging, agriculture, infrastructure, and consumer goods.
- Bhavik Enterprises is a long-standing authorized distributor for Borouge Pte Ltd, a global petrochemical company, ensuring steady and high-quality supply of polymer raw materials.
- Maintains long-term relationships with a diversified clientele including manufacturers of pressure pipes, drip pipes, films, containers, and houseware products, helping growth and stability.
- Operates warehouses in Maharashtra, Gujarat, Daman, and Silvassa, enabling timely deliveries and efficient inventory management.
- Demonstrated steady increase in total income and profitability over recent years, reflecting operational efficiency and market demand.
- Supplies polymers used in multiple applications across packaging, agriculture, manufacturing, and consumer products, mitigating sector-specific risks.
Bhavik Enterprises IPO Risks
- The company is exposed to risks related to changing government policies, including anti-dumping duties on imported plastic polymers and raw materials that could affect business operations and margins.
- Operates in a highly fragmented and competitive polymer trading industry, which limits pricing power and could pressure profit margins.
- Since around 75% of raw materials are imported mainly from Borouge Pte Ltd, Singapore, the company faces risks due to foreign exchange rate volatility, impacting cost and profitability.
- Polymer prices are highly volatile, and delays in passing price increases to customers could temporarily reduce margins.
- Revenue dependence on a few key clients increases the risk of revenue fluctuations in case of loss or reduction of business from these clients.
- The business requires significant working capital for inventory and receivables management; inefficiencies here could negatively affect liquidity.
Swot Analysis for Bhavik Enterprises IPO
Strengths
Authorized Distributor of Global Leaders, Extensive Warehousing and Distribution, Comprehensive Domestic Reach
Weaknesses
Working Capital Intensive Operations, Dependency on Key Suppliers, Geographical Focus
Opportunities
Growing Polymer Demand, Geographic Expansion, Government Initiatives
Threats
Price Competition, Supply Disruptions, Customer Concentration Risk
Company Details
Bhavik Enterprises Ltd.
Office No. 1105, 11th Floor, DLH Park, S V Road, Goregaon West, Malad, Mumbai, Maharashtra, 400064
Phone: +91 9152815659
Email: investors@bhavikenterprises.com
Website: https://bhavikenterprises.com/
IPO Registar Details
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Bhavik Enterprises SME IPO are:
- Funding Working Capital Requirements of the Company
- General corporate purposes
Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead managers for the Bhavik Enterprises IPO.
Bhavik Enterprises IPO shows moderate growth potential with revenue rising to ₹522.77 crore in FY25, though net profit declined to ₹5.68 crore. Expansion in polymer distribution and operational scaling offer opportunities, but margin pressures and raw material volatility remain key challenges.
The issue price for the Bhavik Enterprises IPO is set to ₹140 per share.
To invest in two lot of Bhavik Enterprises IPO, you need ₹2,80,000 at the fixed price band (₹140 per share) for a lot size of 2000 shares.
Bhavik Enterprises IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on October 6, 2025.
Refund/unblocking of funds for Bhavik Enterprises IPO will begin on October 3, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Bhavik Enterprises IPO shares on listing day (October 6, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.