Bhavik Enterprises Limited is 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.
The stock-and-sale model supports B2B polymer trading, importing and storing materials for sale to plastic product manufacturers across sectors like packaging, agriculture, housewares, piping, films, and containers.
Product Portfolio:
- POLYETHYLENE (PE): The Import and trade various polyethylene types like HDPE, LDPE, LLDPE, and MLLDPE for packaging.
- POLYPROPYLENE (PP):Polypropylene is a lightweight, durable, chemical-resistant plastic widely used in packaging, textiles, and automotive.
As on December 31, 2024, the company has employed 18 employees.
Bhavik Enterprises IPO – Details
| IPO Opening Date | 25 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 55,00,000 Shares Worth ₹77.00 Crore Fresh Issue: 45,00,000 Shares Worth ₹63.00 Crore Offer For Sale: 10,00,000 Shares Worth ₹14.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per share |
| Market Lot | 1,000 Shares |
| Min Order | 1,000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Bhavik Enterprises IPO – Date Schedule
| IPO Open Date | 25 September 2025 |
| IPO Close Date | 30 September 2025 |
| Basis of Allotment | 01 Ocotber 2025 |
| Initiation of Refund | 03 Ocotber 2025 |
| Credit of Shares to Demat | 03 Ocotber 2025 |
| IPO Listing Date | 06 Ocotber 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 30, 2025 |
Bhavik Enterprises IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,80,000 |
| Retail (Max) | 2 | 2,000 | ₹2,80,000 |
| HNI (Min) | 3 | 3,000 | ₹4,20,000 |
Competitive Strengths
- Wide product portfolio having applications across various industries verticals
- Long term relationship with clients
- Well established relationship with suppliers
- Strategic location of our warehouses and depots
Company Promoters
- Mr. Mukesh Natverlal Thakkar
- Mr. Bhavik Mukesh Thakkar
- Ms. Purnima Mukesh Thakkar
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | ₹287.52 Cr | ₹278.42 Cr | ₹6.76 Cr | |
| 31 March 2023 | ₹491.08 Cr | ₹470.21 Cr | ₹15.56 Cr | |
| 31 March 2024 | ₹500.35 Cr | ₹489.69 Cr | ₹7.89 Cr | |
| 31 December 2024 | ₹390.54 Cr | ₹385.02 Cr | ₹4.08 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.93% |
| ROCE | 11.55% |
| Debt/Equity | – |
| RoNW | 8.55% |
| PAT Margin | 1.60% |
| EBITDA Margin | – |
| Price to Book Value | – |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.98 | 2.67 |
| P/E (x) | 28.13 | 52.34 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Working Capital Requirements of the Company | ₹47.50 Cr |
| General Corporate Purposes | – |
✅Strengths
- Wide product portfolio across peanuts, sesame, spices, pulses, oilseeds.
- Strong domestic distribution in multiple Indian states.
- Established export presence in Asia, Middle East, and Europe.
- Consistent revenue and profit growth over FY23–FY25.
- High RoNW and ROCE, showing efficient capital use.
⚠️Risks
- High working capital requirements.
- Commodity price volatility impacts margins.
- Dependence on export markets, exposed to forex and trade policy risks.
- Seasonal and climate dependency of agri products.
- Highly competitive and fragmented industry.
- Elevated debt levels increase financial risk.
Bhavik Enterprises IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.98% |
Bhavik Enterprises IPO Prospectus
- Bhavik Enterprises IPO DRHP
- Bhavik Enterprises IPO RHP
Company Contact Information
| Bhavik Enterprises Ltd. Office No. 1105, 11th Floor, DLH Park, S V Road, Goregaon West, Malad, Mumbai, Maharashtra, 400064 Phone: +91 9152815659 Email: investors@bhavikenterprises.com Website: https://bhavikenterprises.com/ |
Bhavik Enterprises IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Bhavik Enterprises IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Pvt.Ltd. |
Bhavik Enterprises IPO FAQ
| What is Bhavik Enterprises IPO? Bhavik Enterprises IPO is an SME IPO. The issue is priced at ₹140 per equity share. The IPO is to be listed on BSE SME. |
| When Bhavik Enterprises IPO will open? The IPO is to open on 25 September 2025 for QIB, NII, and Retail Investors. |
| What is Bhavik Enterprises IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| What is the Bhavik Enterprises IPO Size? Bhavik Enterprises IPO size is ₹77.00 Crore. |
| What is Bhavik Enterprises IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,000 Shares with ₹2,80,000 amount, while the maximum bid is 2,000 Shares with ₹2,80,000. |
| What is the Bhavik Enterprises IPO Allotment Date? Bhavik Enterprises IPO allotment date is 01 October 2025. |
| What is the Bhavik Enterprises IPO Listing Date? Bhavik Enterprises IPO listing date is 06 October 2025. The IPO is to be listed on the BSE SME. |
