Initial public offer of 55,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Bhavik Enterprises Limited ("the Company" or "BEL" or "the Issuer") at an offer price of Rs. 140/- per equity share for cash, aggregating up to Rs. 77.00 crores comprising of fresh offer of 45,00,000 equity shares aggregating to Rs. 63.00 crores ("Fresh Offer") and an offer for sale of 10,00,000 equity shares by all promoters ("Selling Shareholders") aggregating to Rs. 14.00 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of 2,80,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 140/- per equity share for
cash, aggregating Rs. 3.92 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of up to 52,20,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 140/- per equity share for cash, aggregating up to Rs. 73.08 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.02 % and 25.64 %, respectively of the post-offer paid-up equity share capital of the company.
Price Band: Rs. 140/- for equity share of face value of Rs. 10 each.
The floor price is 7.70 times times the face value and cap price of the face value of the equity shares.
Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Sep-2025
30-Sep-2025
₹ 140.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0
Further Multiples of : 1000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Smart Horizon Capital Advisors Pvt Ltd
Project Financed through Current Offer
77.00
Post Issue Equity Share Capital
20.36
Issue Price
₹140.00
Projects
Funding working capital requirements of the company