Bhavik Enterprises Ltd IPO
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Bhavik Enterprises Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 55 L | ₹ 10 L | TBA | ₹ 158.58 L | BSE | ₹ 77 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Sep, 25 | 30 Sep, 25 | 2000 | ₹ 2,80,000 | Fixed Price - SME | 06 Oct, 25 |
Bhavik Enterprises Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 5500000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Bhavik Enterprises Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 10.85 | 20.95 | 9.21 |
| EBITDA | 11.05 | 21.02 | 9.31 |
| PAT | 7.83 | 15.38 | 6.69 |
| Total Assets | 123.62 | 147.01 | 111.64 |
| Share Capital | 5.29 | 5.29 | 5.29 |
| Total Borrowings | 0.00 | 0.00 | 0.00 |
| Operating Activities (Net Cash) | 8.03 | 15.45 | 6.79 |
| Investing Activities (Net Cash) | 3.27 | 3.27 | 0.03 |
| Financing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Net Cashflow | 61.62 | 61.73 | 49.35 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Bhavik Enterprises Ltd
Our Company was originally incorporated on September 15, 2008 as Bhavik Enterprises Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra. The Corporate Identification Number of our Company is U51900MH2008PLC186771.
The polymers Industry plays a pivotal role in India's economic landscape, contributing significantly to various sectors such as packaging, construction, automotive, and consumer goods. The industry has been characterized by continuous innovation and technological advancements, driving the development of new and improved polymer materials with enhanced properties and functionalities.
Incorporated on September 15, 2008, we are 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. We provide a broad range of products to our customers which increases the scope of our customers and our ability to cater to a diversified clientele base. Our comprehensive product portfolio under Polyethylene (PE) includes LLDPE, LDPE, HDPE and MLLDPE. Under Polypropylene (PP), our product portfolio consists of Homo polymer, Impact Co-polymer and Random Co-polymer. Our company's business model emphasizes Stock & Sale catering to small, medium and large customers as per their requirement. We are presently engaged in the domestic B2B trading of polymer, wherein we import the material and store the same at our warehouses and depots and sell them thereafter to manufacturer of plastic product. These end use customers include manufacturers of pressure pipes, non-pressure pipes, drip pipe, shrink film, lamination film, mulch film, greenhouse films, CPP films, liners, EPE foam, woven sack bags, spun bond nonwoven fabric, paint pails, crates, houseware products, suitcases, thin wall containers.
Peer Comparison:
- No listed Industry Peers
Bhavik Enterprises Ltd IPO Key Points
Strengths
- Wide product portfolio having applications across various industries verticals.
- Long term relationship with clients.
- Well established relationship with suppliers.
- Leveraging the experience of our Promoters.
- Strategic location of our warehouses and depots.
Risk
- We derive our revenue from trading of polymers for which we are dependent on certain suppliers for our operations and an increase in the cost of, or a shortfall in the availability or quality of such products could have an adverse effect on our business, financial condition and results of operations.
- Termination or non-renewal of the distribution agreements by Borouge Pte Ltd. or any material modification to the existing terms under such agreements adverse to our interest will materially and adversely affect our ability to continue our business and operations and our future financial performance.
- We derive our revenue from the domestic market and substantial portion of revenue from the western region of India and the Union Territory of Dadra and Nagar Haveli and Daman and Diu i.e. Daman & Silvassa. Any adverse developments affecting our operations in western region could have an adverse impact on our revenue and results of operations.
Strategy
- Expand our geographical footprint.
- Reduction in operational costs to achieve optimum operational efficiency.
- Strengthen relationships with our existing customers and expand customer base.
- Sales Volume Growth.
- Wide product portfolio having applications across various industries verticals.
- Long term relationship with clients.
- Well established relationship with suppliers.
- Leveraging the experience of our Promoters.
- Strategic location of our warehouses and depots.
How To Apply for Bhavik Enterprises Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
