B. D. Industries (Pune) Limited Announces IPO
B. D. Industries (Pune) Limited has announced its Draft Red Herring Prospectus (DRHP) for an upcoming IPO. This IPO presents an exciting opportunity for investors looking to participate in the growth of a leading plastic product manufacturer. The IPO is a fresh issue of 4,200,000 shares.
Company Overview
B. D. Industries (Pune) Limited, established in 1984, is a well-known manufacturer of plastic products catering to various industries. The company started with traction battery repairs and rotomolded battery boxes, and has since expanded into plastic fuel tanks for the automotive sector. Today, BDI manufactures a diverse range of plastic components for automotive and industrial applications.
The company s key automotive products include plastic fuel tanks, urea tanks, fenders, and cabin roofs. B. D. Industries (Pune) Limited also serves sectors such as road safety, material handling, water management, renewable energy, and healthcare. With strategically located manufacturing facilities, they ensure efficient production and timely deliveries.
Key Achievements
B. D. Industries (Pune) Limited has demonstrated impressive growth and financial performance. Some notable achievements include:
- Fastest PAT growth in recent years.
- High Return on Capital Employed (ROCE).
- Consistent revenue growth.
Financial Overview (in Lakhs)
Here s a snapshot of B. D. Industries (Pune) Limited s financial performance:
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 651.63 | 319.61 | 271.81 | 247.54 |
| Revenue | 496.44 | 542.50 | 546.13 | 489.28 |
| Profit After Tax | 38.50 | 31.80 | 14.92 | 5.83 |
| Net Worth | 16.84 | 13.54 | 10.36 | 8.87 |
| Reserves and Surplus | 6.83 | 13.53 | 10.35 | 8.86 |
| Total Borrowing | 172.82 | 42.64 | 20.49 | 21.66 |
Offer for Sale and IPO Structure
The IPO includes a fresh issue of 4,200,000 equity shares. The allocation of shares for different investor categories is as follows:
- Retail Investors: 35%
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
The shares of B. D. Industries (Pune) Limited are proposed to be listed on BSE SME.
Lead Managers and Registrar
The lead manager for the B. D. Industries (Pune) Limited IPO is Aryaman Financial Services Limited.
The registrar for the IPO is Cameo Corporate Services Limited.
Conclusion
The B. D. Industries (Pune) Limited IPO presents a promising investment opportunity. Investors are encouraged to stay updated on the IPO dates and other relevant information to make informed decisions.