31 Mar 2023
Assets157.46
Total Income491.09
EBITDA17.46
Profit After Tax15.56
NET Worth84.44
Reserves and Surplus79.16
At a glance
Updated 2026-09-10The shares listed at ₹143.00, a 2.14% move from the issue price. Bhavik Enterprises is a SME IPO with an issue size of ₹77.00 crore, proposed for listing on BSE SME. The offer opens on 25th Sep 2025 and closes on 30th Sep 2025. The issue structure includes a fresh issue of ₹59.08 crore and an offer-for-sale component of ₹14.00 crore. The current listing schedule points to 6th Oct 2025.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹77.00 Cr
Fresh issue₹59.08 Cr
Offer for sale₹14.00 Cr
Face value₹10
Price band—–—
Allotment1st Oct 2025
Listing6th Oct 2025
Listing performance
Full performance ↗Issue price₹140.00
Listing price₹143.00
Current price—
Listing gain2.14%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹140.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2025
Closes30th Sep 2025
Allotment1st Oct 2025
Refund3rd Oct 2025
Demat3rd Oct 2025
Listing6th Oct 2025
Subscription demand
Full bidding ↗Total0.98×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements of the Company | ₹47.50 Cr |
| General Corporate Purposes | ₹7.10 Cr |
| Issue Expenses | ₹10.26 Cr |
| Total | ₹64.87 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue531.46₹ Cr · +6.2% vs prior year
EBITDA3.94₹ Cr · -18.4% vs prior year
PAT5.68₹ Cr · -28.0% vs prior year
Assets173.22₹ Cr · +26.9% vs prior year
Net Worth98.02₹ Cr · +6.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets136.52
Total Income500.35
EBITDA4.83
Profit After Tax7.89
NET Worth92.34
Reserves and Surplus87.05
31 Mar 2025
Assets173.22
Total Income531.46
EBITDA3.94
Profit After Tax5.68
NET Worth98.02
Reserves and Surplus82.16
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 5.97% |
| ROCE | 7.84% |
| RoNW | 5.80% |
| PAT Margin | 1.08% |
| EBITDA Margin | 0.75% |
| Price to Book Value | 2.27 |
Valuation & shareholding
Pre-IPO EPS3.58
Post-IPO EPS2.79
Pre-IPO P/E39.07
Post-IPO P/E50.16
Promoter holding pre99.99%
Promoter holding post72.98%
Market cap₹285.01 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Bhavik Enterprises IPO | — | 50.16 x | — | — |
| Phychem Technologies IPO | — | 19.42 x | — | — |
| Atharva Poly-Plast IPO | — | 17.83 x | — | — |
| Diksha Polymers IPO | — | 14.14 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding working capital requirements of the Company | ₹47.50 Cr |
| General Corporate Purposes | ₹7.10 Cr |
| Issue Expenses | ₹10.26 Cr |
| Total | ₹64.87 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Smart Horizon Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
IPO UPDATE ALERTS
Register for IPO Updates →Track Bhavik Enterprises without missing an update
Register for subscription, GMP, allotment and listing notifications.