Archive · 24 Sep 2025
BMW Ventures IPO Subscribed 11% on First Day
BMW Ventures Ltd, a company selling steel products, launched its IPO.
On the first day, the IPO was 11% subscribed, meaning investors showed some interest.
Investors could buy shares at a price between Rs 94 and Rs 99.
Institutional buyers, like big investment firms, showed strong interest, with their portion oversubscribed.
The IPO will last for three days.
BMW Ventures Ltd's IPO was 11% subscribed on its first day.
The company is involved in the marketing and distribution of steel products.
The IPO offered up to 2.34 crore equity shares.
The price range for the shares is Rs 94-99.
The IPO is scheduled to conclude on September 26.
- Who
- BMW Ventures Ltd
- What
- Initial Public Offering (IPO)
- When
- First day of share sale
- Where
- Not specified
- Why
- Not specified
- Company
- BMW Ventures Ltd
- Business
- Marketing and distribution of steel products
- Subscription Rate (Day 1)
- 11%
- Shares Offered
- 2.34 crore
- Price Range
- Rs 94-99 per share
- IPO Duration
- 3 days
Sources
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