Incorporated in 2008, Bhavik Enterprises Limited is engaged in trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP) which has a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more.The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewares, piping, films, and containers.Product Portfolio:POLYETHYLENE (PE): The Import and trade various polyethylene types like HDPE, LDPE, LLDPE, and MLLDPE for packaging.POLYPROPYLENE (PP):Polypropylene is a lightweight, durable, chemical-resistant plastic widely used in packaging, textiles, and automotive.Competitive Strengths:Wide product portfolio having applications across various industries verticalsLong term relationship with clientsWell established relationship with suppliersStrategic location of our warehouses and depots
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
280,000 | ₹3.920 |
|
NII
|
2,610,000 | ₹36.540 |
|
Retail
|
2,610,000 | ₹36.540 |
| Total ** | 5,500,000 | ₹77.000 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,000 | ₹280,000 |
| Retail (Max — 13 Lots) | 13 | 13,000 | ₹1,820,000 |
| S-HNI (Min — 14 Lots) | 14 | 14,000 | ₹1,960,000 |
| S-HNI (Max — 66 Lots) | 66 | 66,000 | ₹9,240,000 |
| B-HNI (Min — 67 Lots) | 67 | 67,000 | ₹9,380,000 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 2,610,000 | 2,610,000 | 5,220,000 |
| Allotment price (Rs.) | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 3.92 | — | — | — | 36.54 | 36.54 | 73.08 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 2,610,000 | 2,610,000 | 5,220,000 |
| Amount (Rs.cr.) | — | 3.92 | — | — | — | 36.54 | 36.54 | 73.08 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 280,000 | ₹3.92 |
5.09%
|
| NII / HNI | 2,610,000 | ₹36.54 |
47.45%
|
| Retail (RII) | 2,610,000 | ₹36.54 |
47.45%
|
| Total | 5,500,000 | ₹77.00 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 531.46 | 500.35 | 491.09 |
| EBITDA | 3.94 | 4.83 | 17.46 |
| Profit After Tax (PAT) | 5.68 | 7.89 | 15.56 |
| Net Worth | 98.02 | 92.34 | 84.44 |
| Total Assets | 173.22 | 136.52 | 157.46 |
| Reserves & Surplus | 82.16 | 87.05 | 79.16 |
| Total Borrowings | Not Available | Not Available | Not Available |
| EBITDA Margin (%) | 0.75% | — | — |
| PAT Margin (%) | 1.08% | — | — |
Bhavik Enterprises Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: