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Bhavik Enterprises IPO
1.12xsubscribed

Bhavik Enterprises IPO

Chemicals
listed
₹2.80LMin. investment

Bhavik Enterprises Limited IPO Details

SectorChemicals
Price range₹140 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹77Cr
Draft Red Herring Prospectus
Read
Market cap
₹285.01CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹522.77CrLower than sector avg
Growth rate3Y CAGR
3.58%

Bhavik Enterprises IPO Subscription Status

Date
QIB
NII
Retail
Total
25-Sep-25
0.0 times (X)
0.22 times (X)
0.0 times (X)
0.31 times (X)
26-Sep-25
0.0X
0.29X
0.0X
0.47X
29-Sep-25
0.0X
0.43X
0.0X
0.65X
30-Sep-25
0.0X
0.58X
0.0X
1.12X

As on 25-Sep-25, 5:30 PM

Bhavik Enterprises IPO Timeline

  1. Pre-apply
    24 Sep 2025
  2. Bid start
    25 Sep 2025
  3. Bid end
    30 Sep 2025
  4. Allotment
    1 Oct 2025
  5. Release of funds
    3 Oct 2025
  6. Demat transfer
    3 Oct 2025
  7. Listing
    6 Oct 2025

About Bhavik Enterprises Limited

Incorporated in 2008, Bhavik Enterprises Limited is engaged in the trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP), which have a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more. The company's business model emphasises "stock & sale", wherein the company import the material and stores the same at our warehouses and depots and sells them thereafter to manufacturers of plastic products. Product-wise, Polypropylene generated 44.60% of FY25 revenue and Polyethylene generated 55.40%. Meanwhile, Industrywise, flexible packaging accounted for 19.38% of FY25 revenue, rigid packaging 33.91%, agriculture and infrastructure contributed 9.70% and 37.01%, respectively.

Checklist

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Objectives of Bhavik Enterprises Limited IPO

Working capital
75.40%
The company will utilise ₹47.50 crore for funding working capital requirements.
General corporate purposes
24.60%
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratio
This IPO₹522.77Cr3.58%₹5.69Cr₹285.01Cr39.11
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.61
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.54
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.36
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.92

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Bhavik Enterprises IPO Contact Details

Company NameBhavik Enterprises Limited

How to apply for Bhavik Enterprises IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Bhavik Enterprises Limited IPO FAQs