The Bhavik Enterprises IPO is scheduled to open for subscription on September 25, 2025, and will close on September 30, 2025. The allotment will be finalized on October 1, 2025, and the shares are expected to list on the BSE and SME on October 6, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹140 Per Share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
Bhavik Enterprises IPO Details
| Particulars | Details |
| IPO Open Date | 25/09/2025 |
| IPO Close Date | 30/09/2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹140 Per Share |
| Issue Size | Approx ₹77.00 Crores |
| Fresh Issue | Approx ₹63.00 Crores |
| Offer for Sale | Approx 10,00,000 Equity Shares |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE, SME |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
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Bhavik Enterprises IPO Market Lot
The minimum market lot for Bhavik Enterprises IPO is 2000 shares, with a total application amount of ₹2,80,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,80,000 |
| Retail Maximum | 2 | 2,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,20,000 |
Bhavik Enterprises IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Market Maker Shares Offered | 2,80,000 Shares | 5.09% |
| NII Shares Offered | 26,10,000 Shares | 47.45% |
| Retail Shares Offered | 26,10,000 Shares | 47.45% |
Bhavik Enterprises IPO Timeline
The Bhavik Enterprises IPO opens on September 25, 2025, and closes on September 30, 2025. The allotment will be finalized on October 1, 2025, with the shares list on October 6, 2025.
| Event | Date |
| IPO Open Date | September 25, 2025 |
| IPO Close Date | September 30, 2025 |
| Basis of Allotment | October 1, 2025 |
| Refunds Initiation | October 3, 2025 |
| Credit to Demat Account | October 3, 2025 |
| IPO Listing Date | October 6, 2025 |
| IPO Bidding Cut-off Time | September 30, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of Bhavik Enterprises are Mr. Mukesh Natverlal Thakkar, Mr. Bhavik Mukesh Thakkar and Ms. Purnima Mukesh Thakkar.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,58,58,009 | 99.99% |
| Promoter Holding Post Issue | 2,03,58,009 | 72.98% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding Working Capital Requirements of the Company | 47.5 |
| General Corporate Purpose | – |
Company Financial
Amount ₹ in Crores
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 164.92 | 136.52 | 157.46 | 119.1 |
| Revenue | 390.54 | 500.35 | 491.08 | 287.52 |
| Net Worth | 96.42 | 92.34 | 84.44 | 68.89 |
| profit After Tax | 4.08 | 7.89 | 15.56 | 6.76 |
| Reserves And Surpluse | 91.13 | 87.05 | 79.16 | 63.6 |
| Total Borrowing | 0 | 0 | 0 | 0 |
Bhavik Enterprises IPO Valuation
Check Bhavik Enterprises IPO valuation details, including Price/Earnings P/E Ratio, Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | Values |
| ROE: | 5.97% |
| ROCE: | 7.84% |
| EBITDA Margin: | 0.75% |
| PAT Margin: | 1.08% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹3.58 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 5.80% |
| Net Asset Value (NAV): | ₹61.81 |
About company
Bhavik Enterprises Ltd, incorporated in 2008, is a polymer trading company specializing in Polyethylene (PE) & Polypropylene (PP).
- Product portfolio includes HDPE, LDPE, LLDPE, MLLDPE, and various types of polypropylene such as random, impact, and homo-polymer.
- They follow a “stock & sale” model — importing, storing, and distributing polymers through warehouses and depots across India.
- Their products serve industries like packaging, infrastructure, agriculture, consumer goods, automotive, etc.
Bhavik Enterprises IPO Strenght Factors
- Broad product range of polymers (PE & PP) that are in demand across many industries.
- Established supplier relationships with international manufacturers (e.g. Borouge, LyondellBasell) for sourcing quality materials.
- Strong distribution network (warehouses/depots) and “stock & sale” model helps with quicker delivery and customer reach.
- Fixed price issue removes risk of price band fluctuations
Bhavik Enterprises IPO Risk Factors
- Declining profit trend despite rising revenues indicates a margin squeeze.
- Dependency on imported polymer raw materials exposes the company to supply chain and currency risks.
- High minimum investment for retail investors (₹2,80,000) may limit participation.
- SME IPOs tend to have lower liquidity post-listing, which can affect tradeability.
Lead Manager
- Smart Horizon Capital Advisors Pvt.Ltd.
Company Details
- Name:- Bhavik Enterprises IPO
- Email:- investors@bhavikenterprises.com
- Phone:- +91 9152815659
- Website:- https://bhavikenterprises.com/
- Address:- Office No. 1105, 11th Floor, DLH Park, S V Road, Goregaon West, Malad, Mumbai, Maharashtra, 400064
IPO Registrar
- Name:- Bigshare Services Pvt.Ltd.
- Email:- ipo@bigshareonline.com
- Phone:- +91-22-6263 8200
- Website:- https://www.bigshareonline.com/ipo_Allotment.html
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1. When does the Bhavik Enterprises IPO open and close?
Ans:- The IPO opens on September 25, 2025, and closes on September 30, 2025.
2. What is the price band for the Bhavik Enterprises IPO?
Ans:- The price band is ₹140 Per Share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 2000 shares, requiring an investment of ₹2,80,000.
4. Who are the promoters of the Bhavik Enterprises?
Ans:- The promoters are Mr. Mukesh Natverlal Thakkar, Mr. Bhavik Mukesh Thakkar and Ms. Purnima Mukesh Thakkar.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on October 1, 2025.
6. When will the Bhavik Enterprises IPO list on the stock exchange?
Ans:- The shares are expected to list on the BSE, SME on October 6, 2025.