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BD Industries IPO listing today. Tepid GMP reflects cautious sentiment
BD Industries IPO listing today. Tepid GMP reflects cautious sentiment

Time of India

time5 days ago

  • Automotive
  • Time of India

BD Industries IPO listing today. Tepid GMP reflects cautious sentiment

Founded in 1984, BD Industries manufactures plastic fuel tanks, hydraulic tanks, fenders, urea tanks, and a variety of other products for the automotive, marine, and industrial segments. BD Industries, a plastic product manufacturer, is set to list on the BSE SME platform on August 6 after a moderately subscribed IPO of Rs 45.36 crore. With a grey market premium of Rs 0, a flat listing is anticipated despite improved financials showing a 52% revenue growth and a 156% surge in profit. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of BD Industries , a manufacturer of rotationally moulded plastic products, will list its shares on the BSE SME platform on August 6 after closing its Rs 45.36 crore IPO with a moderate subscription and no traction in the grey market. The grey market premium (GMP) on the company's shares ahead of the listing stood at Rs 0, suggesting a flat listing is likely, with little to no upside expected over the issue price of Rs 108 per IPO, which ran from July 30 to August 1, was a completely fresh issue of 42 lakh equity shares. Despite its modest size, the issue did not witness enough demand from IPO was subscribed 1.81 times overall, with the retail portion seeing a subscription of 1.32 times, the qualified institutional buyer (QIB) category at 1.27 times, and the non-institutional investor (NII) segment leading with a 3.66 times company priced its issue in a band of Rs 102 to Rs 108 per shareFounded in 1984, BD Industries manufactures plastic fuel tanks, hydraulic tanks, fenders, urea tanks, and a variety of other products for the automotive, marine, and industrial segments. The company caters to diverse sectors with a scalable and asset-heavy manufacturing BD Industries has posted sharp improvements in profitability. Revenue grew 52% year-on-year to Rs 84.13 crore in FY25, while PAT surged 156% to Rs 8.15 flat GMP heading into the listing day signals weak demand in the unofficial market. Investors will be closely watching early trade on Wednesday to assess if fundamentals can overcome sentiment. Aryaman Financial Services acted as the book-running lead manager, and Aryaman Capital Markets was the market maker.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

BD Industries IPO listing today. Tepid GMP reflects cautious sentiment
BD Industries IPO listing today. Tepid GMP reflects cautious sentiment

Economic Times

time5 days ago

  • Automotive
  • Economic Times

BD Industries IPO listing today. Tepid GMP reflects cautious sentiment

Founded in 1984, BD Industries manufactures plastic fuel tanks, hydraulic tanks, fenders, urea tanks, and a variety of other products for the automotive, marine, and industrial segments. Synopsis BD Industries, a plastic product manufacturer, is set to list on the BSE SME platform on August 6 after a moderately subscribed IPO of Rs 45.36 crore. With a grey market premium of Rs 0, a flat listing is anticipated despite improved financials showing a 52% revenue growth and a 156% surge in profit. Shares of BD Industries, a manufacturer of rotationally moulded plastic products, will list its shares on the BSE SME platform on August 6 after closing its Rs 45.36 crore IPO with a moderate subscription and no traction in the grey market. The grey market premium (GMP) on the company's shares ahead of the listing stood at Rs 0, suggesting a flat listing is likely, with little to no upside expected over the issue price of Rs 108 per share. ADVERTISEMENT The IPO, which ran from July 30 to August 1, was a completely fresh issue of 42 lakh equity shares. Despite its modest size, the issue did not witness enough demand from investors. The IPO was subscribed 1.81 times overall, with the retail portion seeing a subscription of 1.32 times, the qualified institutional buyer (QIB) category at 1.27 times, and the non-institutional investor (NII) segment leading with a 3.66 times subscription. The company priced its issue in a band of Rs 102 to Rs 108 per shareFounded in 1984, BD Industries manufactures plastic fuel tanks, hydraulic tanks, fenders, urea tanks, and a variety of other products for the automotive, marine, and industrial segments. The company caters to diverse sectors with a scalable and asset-heavy manufacturing BD Industries has posted sharp improvements in profitability. Revenue grew 52% year-on-year to Rs 84.13 crore in FY25, while PAT surged 156% to Rs 8.15 crore. ADVERTISEMENT The flat GMP heading into the listing day signals weak demand in the unofficial market. Investors will be closely watching early trade on Wednesday to assess if fundamentals can overcome sentiment. Aryaman Financial Services acted as the book-running lead manager, and Aryaman Capital Markets was the market maker. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) Parth Electricals and Engineering IPO opens August 4; price band set at Rs 160–170 Parth Electricals and Engineering IPO opens August 4; price band set at Rs 160–170 Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains NEXT STORY

BD Industries IPO Day 1: GMP, subscription status, price band, other details of BSE SME IPO
BD Industries IPO Day 1: GMP, subscription status, price band, other details of BSE SME IPO

Mint

time30-07-2025

  • Business
  • Mint

BD Industries IPO Day 1: GMP, subscription status, price band, other details of BSE SME IPO

BD Industries IPO: The initial public offering (IPO) of plastic components manufacturer BD Industries opened for subscription on Wednesday, Jul 30. The SME IPO is entirely a fresh issue of 42 lakh shares, aimed at raising about ₹ 45.36 crore, which the company intends to use for the repayment or pre-payment of certain borrowings, funding working capital requirements, and investment in its subsidiary B.D. Industries (India) Private Limited, and for general corporate purposes. By 10:40 AM on the first day of subscription on Wednesday, the issue had seen an overall subscription of 0.01 times, with the retail segment booked 0.02 times. The segments reserved for NIIs and QIBs had not seen any subscription till then. 1. BD Industries IPO GMP: According to market sources, the latest grey market premium (GMP) of BD Industries shares was nil. The latest GMP indicates the stock could be listed at par with the issue price. 2. BD Industries IPO date: The SME IPO opened for subscription on Wednesday, July 30, and will remain open until Friday, August 1. 3. BD Industries IPO price: The price band of the public issue has been fixed at ₹ 102 to ₹ 108 per equity share. 4. BD Industries IPO size: The company plans to raise ₹ 45.36 crore from this issue, which it will use to meet working capital requirements and fund capital expenditure requirements. 5. BD Industries IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 1,200 company shares. Retail investors can bid for a minimum and maximum of 2,400 shares. 6. BD Industries IPO reservation: Nearly 13,94,400 shares, or 33.20 per cent of the net issue, are reserved for retail investors. The company has reserved 19,92,000 shares (47.43 per cent of the net issue) for QIBs, while 5,97,600 shares (14.23 per cent of the net issue) are reserved for NIIs. 7. BD Industries IPO allotment date: The company is expected to finalise the share allotment on Monday, August 4. Successful bidders can expect shares of the company in their demat accounts on Tuesday, August 5, and bidders who fail to get the allocation may get a refund on the same day. (This is a developing story. Please check back for fresh updates.) Read all IPO-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

BD Industries IPO: Check GMP, price band, issue size and other details
BD Industries IPO: Check GMP, price band, issue size and other details

Economic Times

time30-07-2025

  • Business
  • Economic Times

BD Industries IPO: Check GMP, price band, issue size and other details

The Rs 45.36 crore IPO of BD Industries (Pune) will open for subscription today on the BSE SME platform, with investors looking closely at the company's growth prospects in the rotational molding segment. ADVERTISEMENT The issue, which is entirely a fresh issue of 42 lakh equity shares, is priced in the range of Rs 102 to Rs 108 per share. The subscription window will remain open until August 1. Despite a strong financial turnaround in FY25, with revenue rising 52% to Rs 84.13 crore and net profit jumping 156% to Rs 8.15 crore, the issue has not attracted any grey market premium so far. The GMP remains flat at zero, reflecting subdued speculative sentiment around the listing. Founded in 1984, BD Industries is engaged in the manufacturing of rotationally molded plastic products, particularly for automotive, agriculture, healthcare, and marine key products include plastic fuel tanks for off-road and industrial vehicles, urea tanks, cabin roofs, battery boxes, mudguards, and plastic company has three operational manufacturing facilities located in Pune, Dewas, and Hoshiarpur, and is in the process of setting up a fourth plant in Zaheerabad, Telangana. ADVERTISEMENT Retail investors can apply for a minimum lot of 2,400 shares, amounting to an investment of Rs 2.59 lakh at the upper price band. Aryaman Financial Services is the lead manager to the IPO, and Aryaman Capital Markets is acting as the market maker. Allotment for the IPO is expected to be finalized on August 4, while listing on the BSE SME platform is tentatively scheduled for August 6. (You can now subscribe to our ETMarkets WhatsApp channel)

BD Industries IPO: Check GMP, price band, issue size and other details
BD Industries IPO: Check GMP, price band, issue size and other details

Time of India

time30-07-2025

  • Business
  • Time of India

BD Industries IPO: Check GMP, price band, issue size and other details

The Rs 45.36 crore IPO of BD Industries (Pune) will open for subscription today on the BSE SME platform, with investors looking closely at the company's growth prospects in the rotational molding segment. The issue, which is entirely a fresh issue of 42 lakh equity shares, is priced in the range of Rs 102 to Rs 108 per share. The subscription window will remain open until August 1. Explore courses from Top Institutes in Please select course: Select a Course Category others Management Product Management Data Analytics MBA Project Management Finance Cybersecurity Healthcare Degree Operations Management Data Science Leadership Others Technology Data Science Digital Marketing Artificial Intelligence Design Thinking healthcare MCA CXO Public Policy PGDM Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details Despite a strong financial turnaround in FY25, with revenue rising 52% to Rs 84.13 crore and net profit jumping 156% to Rs 8.15 crore, the issue has not attracted any grey market premium so far. The GMP remains flat at zero, reflecting subdued speculative sentiment around the listing. Founded in 1984, BD Industries is engaged in the manufacturing of rotationally molded plastic products, particularly for automotive, agriculture, healthcare, and marine applications. Its key products include plastic fuel tanks for off-road and industrial vehicles, urea tanks, cabin roofs, battery boxes, mudguards, and plastic pallets. The company has three operational manufacturing facilities located in Pune, Dewas, and Hoshiarpur, and is in the process of setting up a fourth plant in Zaheerabad, Telangana. Retail investors can apply for a minimum lot of 2,400 shares, amounting to an investment of Rs 2.59 lakh at the upper price band. Aryaman Financial Services is the lead manager to the IPO, and Aryaman Capital Markets is acting as the market maker. Allotment for the IPO is expected to be finalized on August 4, while listing on the BSE SME platform is tentatively scheduled for August 6.

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