BHAVIK ENTERPRISES LIMITED

25 Sep 2025 - 30 Sep 2025 Individual Category SME BSE

Min Investment

₹280000

Price Band

₹140

Issue Size

55 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
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25 Sep 2025

Open Date

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30 Sep 2025

Close Date

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01 Oct 2025

Allotment Date

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06 Oct 2025

Listing Date

Bhavik Enterprises IPO is a fixed price issue worth Rs 77.00 crores. The offer comprises a fresh issue of 0.45 crore shares aggregating to Rs 63.00 crores and an offer for sale of 0.10 crore shares totalling Rs 14.00 crores. The IPO opened for subscription on September 25, 2025, and will close on September 30, 2025. The basis of allotment is expected to be finalised on October 1, 2025. Shares of Bhavik Enterprises are proposed to be listed on the BSE SME platform, with a tentative listing date of October 6, 2025. The IPO is priced at Rs 140.00 per share, with a lot size of 1,000 shares. For retail investors, the minimum application size is 2 lots (2,000 shares), amounting to Rs 2,80,000. For HNI investors, the minimum application is 3 lots (3,000 shares), requiring an investment of Rs 4,20,000. Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager, Bigshare Services Pvt. Ltd. is the registrar, and Shreni Shares Ltd. is the market maker for the issue.

Know Before Investing

Strengths icon

  • Offers a wide range of PE and PP polymer products serving multiple industries.
  • Long-term authorized distributor of Borouge Pte Ltd ensuring steady supply.
  • Strong client relationships and multiple warehouses enable timely delivery and operational efficiency.

Weaknesses icon

  • Exposure to changing government policies and import duties may affect margins.
  • High dependence on imports and foreign exchange fluctuations impact costs.
  • Volatile polymer prices and reliance on key clients can affect revenue and profitability.

About Bhavik Enterprises Limited

Incorporated in 2008, Bhavik Enterprises Limited is a polymer trading company specialising in Polyethylene (PE) and Polypropylene (PP), widely used across industries such as packaging, agriculture, infrastructure, and more. The company operates on a stock-and-sale model, importing and storing polymers for distribution to plastic product manufacturers serving sectors like packaging, housewares, piping, films, and containers. Its product portfolio includes various types of Polyethylene, including HDPE, LDPE, LLDPE, and MLLDPE for packaging applications, as well as Polypropylene, a lightweight, durable, and chemical-resistant plastic used in packaging, textiles, and the automotive industry.

Founded

2008

Managing Director

Bhavik Mukesh Thakkar

Parent Organization

IPO Objectives

The proceeds from the issue are intended to fund the company’s working capital requirements of Rs 47.50 crores, with the remaining Rs 7.10 crores allocated for general corporate purposes.

Company Promoters

Mukesh Natverlal Thakkar

Bhavik Mukesh Thakkar

Purnima Mukesh Thakkar

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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