The initial public offer (IPO) of B. D. Industries (Pune) received bids for 52,63,200 shares as against 30,04,800 shares on offer. The issue was subscribed 1.75 times.
Qualified Institutional Buyers (QIBs) bid for 10,12,800 shares, Non-Institutional Investors (NIIs) for 24,04,800 shares, while individual investors (IND category bidding for 2 lots) placed bids for 18,45,600 shares.
The issue opened for bidding on 30 July 2025 and it closed on 1 July 2025. The price of the IPO was set at Rs 102-108 per share. The equity shares will list on BSE's SME platform.
The IPO comprised fresh issue of 30,04,800 equity shares. The promoter shareholding in the company diluted to 70.44% post-IPO from 100% pre-IPO.
The company intends to utilize the net proceeds for repayment or pre-payment of borrowings, funding working capital requirement, investing in its material subsidiary, , B. D. Industries (India), repaying or pre-paying borrowings of its material subsidiary, purchasing machinery, funding the subsidiary’s working capital needs and general corporate purpose.
Ahead of the IPO, B. D. Industries (Pune) on 29 July 2025, raised Rs 12.90 crore from anchor investors. The board allotted 11.95 lakh shares at Rs 98 each to 5 anchor investors.
B. D. Industries (Pune) engaged in the business of manufacturing and trading of plastic products for varied industries. The company manufactures a wide range of plastic components for automotive and industrial applications.
In the automotive sector, its key products include plastic fuel tanks for off-road vehicles, urea tanks, fenders, hydraulic tanks, air ducts, mudguards, and cabin roofs. Beyond automotive, the company manufactures rotomolded plastic products that serve diverse industries, including road & highway safety, material handling & storage, water management & disposal, marine, renewable energy, healthcare, and custom moulding. As on 31 May 2025, the company had 98 employees.
The company recorded revenue from operations of Rs 82.37 crore and net profit of Rs 8.14 crore for the period ended 31 March 2025.