B. D. Industries (Pune) Limited has grown from a traction battery manufacturer into a versatile leader in rotationally molded plastic products.
From their headquarters in Mumbai, the company delivers precision-crafted plastic solutions that fuel India’s agriculture, automotive, marine, healthcare, and industrial sectors.
B. D. Industries caters to a broad range of industries through its thoughtfully engineered products:
✅ Plastic Fuel Tanks: Used in off-road vehicles, agricultural machinery, motorcycles, and marine applications, these tanks are lightweight, corrosion-resistant, cost-effective, and easily customized to various designs and vehicle models.
✅ Automotive & Off-Highway Products: Including tractor fenders, urea tanks, hydraulic tanks, transmission covers, air ducts, battery boxes, mudguards, door panels, cabin roofs with sunroofs, and bus seats—designed for durability, safety, and aesthetic appeal.
✅ Industrial Pallets & Safety Products: Used in the F&B, pharmaceutical, e-commerce, electronics, automotive, and chemical industries, these pallets and barricades stand out for their hygiene, ease of cleaning, and strength—making them ideal for transporting sensitive and perishable goods.
The company operates three strategically located facilities:
- Pune (Maharashtra)
- Dewas (Madhya Pradesh)
- Hoshiarpur (Punjab)
And a fourth facility is coming up in Zaheerabad, Telangana, which will further strengthen production capacity and regional presence.
B. D. Industries’ products serve 8 of India’s top 10 tractor manufacturers, highlighting its trusted position in the supply chain. The company’s reputation for quality and customization helps it stay ahead in niche, high-value segments of the plastic manufacturing industry.
A dedicated team of 98 employees as of May 2025.
B.D.Industries IPO – Details
| IPO Opening Date | 30 July 2025 |
| IPO Closing Date | 01 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 42,00,000 Shares Worth ₹45.36 Crore Fresh Issue: 42,00,000 Shares Worth ₹45.36 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹102 – ₹108 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Cameo Corporate Services Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
B.D.Industries IPO – Date Schedule
| IPO Open Date | 30 July 2025 |
| IPO Close Date | 01 August 2025 |
| Basis of Allotment | 04 August 2025 |
| Initiation of Refund | 05 August 2025 |
| Credit of Shares to Demat | 05 August 2025 |
| IPO Listing Date | 06 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 01, 2025 |
B.D.Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,59,200 |
| Retail (Max) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9,600 | ₹10,36,800 |
Competitive Strengths
- Experienced management Team.
- Quality Assurance.
- Long Standing Relations.
- Well established manufacturing set up.
- Scalable Business Model.
- Diversified product mix with a Strong focus on value-added products.
Company Promoters
- Dalbirpal Saini
- Arti Saini
- Akshay Saini
- Rahul Saini
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹55.10 Cr | ₹53.08 Cr | ₹1.49 Cr | ₹2.21 Cr |
| 31 March 2024 | ₹55.33 Cr | ₹50.92 Cr | ₹3.18 Cr | ₹5.06 Cr |
| 31 March 2025 | ₹84.13 Cr | ₹72.95 Cr | ₹8.15 Cr | ₹22.19 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.86% |
| ROCE | 43.50% |
| Debt/Equity | 1.05 |
| RoNW | 35.97% |
| PAT Margin | 9.23% |
| EBITDA Margin | 18.92% |
| Price to Book Value | 6.42 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.14 | 5.73 |
| P/E (x) | 13.27 | 18.83 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Repayment or Pre-payment of borrowings of the Company. | ₹6.80 |
| Funding Working Capital Requirement of the Company. | ₹7.30 |
| Repayment or Pre-payment of its borrowings. | ₹11.60 |
| Purchase of Machinery. | ₹5.40 |
| Funding Working Capital Requirement. | ₹7.30 |
| General Corporate Purposes. |
✅Strengths
- Over 30 years’ experience and strong management team.
- Supplies to 8 of India’s top 10 tractor makers.
- Diverse products: plastic fuel tanks, urea tanks, fenders, pallets & more.
- Three operational plants + one new plant under construction for expansion.
- Focus on quality (ISO 9001:2015 certified).
- Plan to become debt-free after IPO.
⚠️Risks
- High dependence on a few large customers.
- Raw material price volatility impacting costs.
- Strong competition and pricing pressure.
- Regulatory and environmental compliance risks.
- Operational disruptions could affect revenue.
B.D.Industries IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.44% |
B.D.Industries IPO Prospectus
Company Contact Information
| B.D.Industries (Pune) Ltd. 15th Flr, 1501-B, Universal Majestic, PL Lokhande Marg, G M Link Road, Nr RBK International School, Govand West Mumbai, Maharashtra, 400043 Phone: 022-6249-0801 Email: cs@bdi-group.org |
B.D.Industries IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: priya@cameoindia.com Website: https://ipo.cameoindia.com/ |
B.D.Industries IPO Lead Manager(s)
| 1. Aryaman Financial Services Limited |
B.D.Industries IPO FAQ
| What is B.D.Industries IPO? B.D.Industries IPO is an SME IPO. The issue is priced at ₹102 to ₹108 per equity share. The IPO is to be listed on BSE SME. |
| When B.D.Industries IPO will open? The IPO is to open on 30 July 2025 for QIB, NII, and Retail Investors. |
| What is B.D.Industries IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the B.D.Industries IPO? You can apply B.D.Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the B.D.Industries IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “B.D.Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the B.D.Industries IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “B.D.Industries IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the B.D.Industries IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “B.D.Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the B.D.Industries IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “B.D.Industries IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the B.D.Industries IPO Size? B.D.Industries IPO size is ₹45.36 Crore. |
| What is the B.D.Industries IPO Price Band? B.D.Industries IPO Price Band is ₹102 to ₹108. |
| What is B.D.Industries IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2400 Shares with ₹2,59,200 amount, while the maximum bid is 2400 Shares with ₹2,59,200. |
| What is the B.D.Industries IPO Allotment Date? B.D.Industries IPO allotment date is 04 August 2025. |
| What is the B.D.Industries IPO Listing Date? B.D.Industries IPO listing date is 06 August 2025. The IPO is to be listed on the BSE SME. |
