Bhavik Enterprises IPO description – Incorporated in 2008, Bhavik Enterprises is a polymer trading company specializing in Polyethylene (PE) and Polypropylene (PP), two of the most consumed thermoplastics globally. Its diverse PE portfolio includes LLDPE, LDPE, HDPE, and MLLDPE, while PP offerings span Homo Polymer, Impact Co-polymer, and Random Co-polymer. Bhavik Enterprises operates on a “Stock & Sale” model, importing polymers and distributing them domestically to manufacturers across industries such as packaging, infrastructure, and agriculture.
In terms of industry segments, Infrastructure contributed the largest share at 37.01% (INR 195.14 crore), followed by Rigid Packaging at 33.91% (INR 178.80 crore), Flexible Packaging at 19.38% (INR 102.16 crore), and Agriculture at 9.70% (INR 51.16 crore). Geographically, a majority of revenues are concentrated in Maharashtra, Gujarat, Rajasthan, and the Union Territory of Diu and Daman, which together accounted for 90.44% of total sales in FY 2025 (INR 476.85 crore).
The company supplied 54,247.63 metric tons of polymers in FY 2025. Authorized distribution partnerships with Borouge Pte Ltd and Basell International Trading FZE enhance its market credibility and product range. As of 31 March 2025, it employed 18 staff members.
Promoters of Bhavik Enterprises – Mr. Mukesh Natverlal Thakkar, Mr. Bhavik Mukesh Thakkar and Ms. Purnima Mukesh Thakkar
Table of Contents
Bhavik Enterprises IPO Details
| Bhavik Enterprises IPO Dates | 25 – 30 September 2025 |
| Bhavik Enterprises Issue Price | INR 140 per share |
| Fresh Issue | 45,00,000 shares (INR 63 crore) |
| Offer For Sale | 10,00,000 shares (INR 14 crore) |
| Total IPO Size | 55,00,000 shares (INR 77 crore) |
| Minimum Bid | 2,000 shares (INR 2,80,000) |
| Lot Size | 1,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Bhavik Enterprises Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 487.27 | 494.12 | 522.77 |
| Expenses | 470.21 | 489.69 | 523.78 |
| Net income | 15.56 | 7.89 | 5.68 |
Bhavik Enterprises Offer News
- Bhavik Enterprises RHP
- Bhavik Enterprises Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Bhavik Enterprises Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 9.81 | 4.98 | 3.58 |
| PE ratio | – | – | 39.11 |
| RONW (%) | 18.43 | 8.55 | 5.80 |
| NAV | 53.23 | 58.23 | 61.81 |
| ROCE (%) | 24.70 | 11.55 | 7.84 |
| EBITDA (%) | 3.58 | 0.98 | 0.75 |
Bhavik Enterprises IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Bhavik Enterprises IPO Subscription – Live Updates
| Category | NII | Individual | Total |
|---|---|---|---|
| Shares Offered | 26,10,000 | 26,10,000 | 52,20,000 |
| 30 Sep 2025 | 1.57 | 0.67 | 1.12 |
| 29 Sep 2025 | 1.12 | 0.17 | 0.65 |
| 26 Sep 2025 | 0.86 | 0.09 | 0.47 |
| 25 Sep 2025 | 0.57 | 0.07 | 0.32 |
The market maker reservation portion of 2,80,000 shares is not included in the above calculations.
Bhavik Enterprises IPO Allotment Status
Bhavik Enterprises IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Bhavik Enterprises IPO Dates & Listing Performance
| IPO Opening Date | 25 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Finalization of Basis of Allotment | 1 Ocrtober 2025 |
| Initiation of refunds | 3 Ocrtober 2025 |
| Transfer of shares to demat accounts | 3 Ocrtober 2025 |
| IPO Listing Date | 6 Ocrtober 2025 |
| Opening Price on BSE SME | INR 143 per share (up 2.14%) |
| Closing Price on BSE SME | INR 145.30 per share (up 3.79%) |
Bhavik Enterprises Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space,
Behind the metro mall, Off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066
Phone: 022-28706822
Email: [email protected]
Website: www.shcapl.com
Bhavik Enterprises Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Bhavik Enterprises Contact Details
BHAVIK ENTERPRISES LIMITED
Office No. 1105, 11th Floor, DLH Park, S V Road,
Goregaon West, Malad, Mumbai- 400064, Maharashtra
Phone: +91 9152815659
E-mail: [email protected]
Website: www.bhavikenterprises.com
IPO FAQs
What is the Bhavik Enterprises offer size?
Bhavik Enterprises offer size is INR 77 crores.
What is the Bhavik Enterprises offer price band?
Bhavik Enterprises public offer price is INR 140 per share.
What is the lot size of the Bhavik Enterprises IPO?
Bhavik Enterprises offer lot size is 1,000 shares.
What is Bhavik Enterprises IPO GMP today?
Bhavik Enterprises IPO GMP today is INR NA per share.
What is the Bhavik Enterprises kostak rate today?
Bhavik Enterprises kostak rate today is INR NA per application.
What is the Bhavik Enterprises IPO Subject to Sauda rate today?
Bhavik Enterprises Subject to Sauda rate today is INR NA per application.