Bhavik Enterprises Ltd IPO |
Registered Office:
No.1105 11th Flr DLH Park,S V Rd Goregaon West Malad
,
Mumbai
-
400064
,
Maharashtra
, India.
Phone :
+91 91528 15659 Fax:
Email : investors@bhavikenterprises.com
Website : https://bhavikenterprises.com/
|
| 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 upto (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-25 |
30-Sep-25 |
(Rs)140.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :1000 |
| |
(Rs 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 |
(Rs)140.00 |
|
|