BMW Ventures IPO, headquartered in Patna, is a steel product distribution company specializing in long and flat steel products across Bihar. The company is coming up with its IPO opening on 24 September 2025 and closing on 26 September 2025, with a price band fixed at ₹94 to ₹99 per share. The issue consists entirely of a fresh issue of 2.34 crore equity shares, raising about ₹232 crore, with no offer-for-sale component. Investors can bid in lots of 151 shares, requiring a minimum investment of around ₹14,949 at the upper price band. The net proceeds will be primarily used for repayment or prepayment of borrowings, amounting to ₹173.75 crore, while the balance will be allocated for general corporate purposes. The company has shown strong performance, with revenue of approximately ₹2,062 crore in FY2025 and profit after tax of ₹32.82 crore, reflecting steady growth. The IPO allotment is scheduled for 29 September 2025, with listing expected on 1 October 2025 on NSE and BSE. Market analysts are closely monitoring the IPO GMP, which indicates positive grey market sentiment, suggesting investors anticipate listing gains. BMW Ventures aims to strengthen its balance sheet, reduce debt, and capitalize on the growing steel demand in India through this public offering. The IPO has attracted attention from both retail and institutional investors due to its financial stability, business model, and regional dominance in steel distribution.