Rupix

B.D.Industries SME IPO

B.D.Industries came to market through an SME IPO that opened on 30 July 2025 and closed on 1 August 2025, and the shares listed on 6 August 2025 on BSE SME. The price band was ₹102 to ₹108 per share and one lot was 1200 shares, so the minimum application was ₹1,29,600. The issue size was ₹45.36 crore. The whole issue was fresh shares, so the money raised went to the company.

Cameo Corporate Services Limited was the registrar to the issue, and Aryaman Financial Services Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹102 to ₹108
Lot size
1200 shares
Minimum investment
₹1,29,600
Face value
₹10 per share
Issue size
₹45.36 crore
Fresh issue
42,00,000 shares (aggregating up to ₹45.36 crore)
Listing at
BSE SME
Registrar
Cameo Corporate Services Limited
Lead managers
Aryaman Financial Services Limited
Promoter holding before the issue
100%
Promoter holding after the issue
70.44%

Timeline

Opens
30 July 2025
Closes
1 August 2025
Allotment
4 August 2025
Listing
6 August 2025

Subscription status by day

Day
1
2
3

About B.D.Industries

Established in 1984, B. D. Industries (Pune) Limited deals in the production of rotationally molded plastic items. The organization produces plastic fuel tanks for off-road vehicles, urea tanks, fenders, hydraulic tanks, air ducts, mudguards, cabin roofs, and items for several industries such as safety, healthcare, and marine.The firm has three factories in Pune, Dewas, and Hoshiarpur, and a fourth under construction in Zaheerabad, Telangana, to address its varied production and customer requirements. Products: Fuel tanks made of plastic:

The firm produces plastic fuel tanks for vehicles, farm equipment, motorbikes, marine uses, and industrial equipment. The tanks are light in weight, corrosion-proof, economical, and adjustable to different designs and vehicle types. Other motor vehicle products: Tractor fenders, transmission covers, 2-meter barricades, cabin roofs with sunroofs, bus seats, and other products such as urea tanks, battery boxes, door panels, and mudguards are all produced by the company for maximum durability and safety. Pallets:

The company's products are applied in the F&B, pharma, e-commerce, automotive, electronics, and chemical sectors due to their durability, hygiene, easy-to-clean surfaces, and ease of handling sensitive and perishable items. As of May 31, 2025, the company employed 98 people.

As described in the offer document.

Objects of the issue

  • Repayment or Pre-payment of borrowings of the Company
  • Funding Working Capital Requirement of the Company
  • Repayment or Pre-payment of its borrowings
  • Purchase of Machinery
  • Funding Working Capital Requirement
  • General Corporate Purpose

Financials (₹ crore)

Metric31-Mar-2531-Mar-2431-Mar-23

Promoters

Dalbirpal Saini, Arti Saini, Akshay Saini, Rahul Saini. Promoter holding 100% before the issue and 70.44% after.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,59,200
Individual(max)
2 lots, 2400 shares, ₹2,59,200
NII (min)
3 lots, 3600 shares, ₹3,88,800

Valuation

EPS Pre IPO
₹8.14
EPS Post IPO
₹5.73
P/E Pre IPO
13.27
P/E Post IPO
18.83
ROE
43.86%
ROCE
43.50%
RoNW
35.97%
PAT Margin
9.23%
Debt/Equity
1.05
Price/Book
6.42

Registrar and allotment status

Registrar
Cameo Corporate Services Limited
Allotment status
https://ipo.cameoindia.com/
Phone
+91-44-28460390
Email
priya@cameoindia.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the B.D.Industries SME IPO

What is B.D.Industries IPO?

B.D.Industries IPO was a ₹45.36 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹102–₹108 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,59,200). The IPO was open from July 30 to August 1, 2025. Shares listed on BSE SME on August 6, 2025 at ₹108.90, a 0.8% premium to the issue price of ₹108. Cameo Corporate Services Limited is the registrar.

Aryaman Financial Services Limited is the book running lead manager.

What is the price band of B.D.Industries IPO?

The price band of B.D.Industries IPO is ₹102 to ₹108 per share.

What is the lot size of B.D.Industries IPO?

The lot size of B.D.Industries IPO is 1200 shares.

What is the minimum investment for B.D.Industries IPO?

The minimum investment for B.D.Industries IPO is approximately ₹2,59,200 based on the upper price band.

What is the allotment date of B.D.Industries IPO?

The allotment date of B.D.Industries IPO is Aug 4, 2025.

How to check B.D.Industries IPO allotment status?

You can check B.D.Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the B.D.Industries IPO allotment status on Rupix for quick and easy access.

What was the price band of the B.D.Industries SME IPO?

₹102 to ₹108 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the B.D.Industries SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,29,600. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the B.D.Industries SME IPO?

₹1,29,600, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the B.D.Industries SME IPO open and close?

It opened on 30 July 2025 and closed on 1 August 2025.

When was the allotment of the B.D.Industries SME IPO?

The basis of allotment was published on 4 August 2025 by Cameo Corporate Services Limited, and allotted shares were credited to demat accounts before listing.

When did B.D.Industries list on BSE SME?

The shares listed on 6 August 2025 on BSE SME.

How large was the B.D.Industries SME IPO?

The issue size was ₹45.36 crore. The fresh issue was 42,00,000 shares (aggregating up to ₹45.36 crore).