IPO Details

Bidding Dates

30 Jul '25 - 01 Aug '25

Minimum Investment

₹2,59,200 / 2 Lots (2,400 Shares)

Price Range

₹102 – ₹108

Maximum Investment

₹2,59,200 / 2 Lots (2,400 Shares)

Retail Discount

To be announced

Issue Size

₹45.36 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |  

B.D.Industries IPO Important Dates

Important dates with respect to IPO allotment and listing

Opening Date

Jul 30, 25

Closing Date

Aug 01, 25

Basis of Allotment

Aug 04, 25

Initiation of Refunds

Aug 05, 25

IPO Listing Date

Aug 06, 25

IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Jul 29, 2025

0.00 0.00 0.06 0.03

About B.D.Industries IPO

B.D.Industries IPO is a book-built issue worth ₹45.36 crore. The IPO comprises a complete fresh issue of 42.00 lakh equity shares. The public issue opens for subscription on July 30, 2025, and closes on August 1, 2025. The allotment is expected to be finalised on August 4, 2025, with a tentative listing date fixed as August 6, 2025, on the BSE SME platform.

The IPO is priced in a band of ₹102 – ₹108 per share. Retail investors are required to apply for a minimum of 2 lots (2400 shares), requiring an investment of ₹2,59,200 at the upper end of the price band. HNI investors must apply for at least 3 lots (3600 shares), amounting to ₹3,88,800.

Aryaman Financial Services Limited is the book-running lead manager for the IPO, while Cameo Corporate Services Limited is the registrar. Aryaman Capital Markets Limited will act as the market maker for the issue.

For complete details on financials, operations, and associated risks, investors should refer to the B.D.Industries IPO RHP.

Industry Outlook

  1. India’s plastics and polymer industry is undergoing a significant transformation, driven by rising demand across automotive, industrial, and infrastructure sectors. The country’s push for domestic manufacturing under the “Make in India” initiative, coupled with increasing urbanisation and industrialisation, is fostering robust growth in the production and application of plastic components.
  2. Rotational moulding, a niche yet rapidly expanding segment within the plastics industry, is gaining traction due to its cost-effectiveness, design flexibility, and suitability for producing large, durable components. This technology is particularly relevant for automotive OEMs, where lightweight and structurally resilient parts such as fuel tanks, fenders, and cabin roofs are increasingly preferred.
  3. India’s polymer consumption has been steadily rising, with materials such as HDPE, LDPE, PP, and PVC forming the backbone of industrial and consumer applications. The market is supported by a growing ecosystem of raw material suppliers, machinery manufacturers, and specialised moulding firms. However, the sector remains fragmented, with regional players competing alongside established national brands.
  4. The competitive landscape is shaped by factors such as proximity to OEM clients, logistical efficiency, and the ability to customise products to client specifications. Manufacturers with strategically located facilities—such as those near Pune, Dewas, and Hoshiarpur—are better positioned to serve automotive hubs while minimising freight and packaging costs.

B.D.Industries IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. Expand manufacturing capacity and technological capability by investing in advanced machinery for its wholly owned subsidiary, B.D. Industries (India) Private Limited. This includes the acquisition of equipment to support increased production volumes and meet growing demand across automotive and industrial segments.
  2. Strengthen the company’s financial position through the repayment or pre-payment of existing borrowings, both at the parent and subsidiary level. This will reduce interest obligations, improve liquidity, and enhance operational flexibility.
  3. Support working capital requirements to ensure uninterrupted procurement of raw materials, maintain optimal inventory levels, and facilitate timely fulfilment of customer orders. This will enable the company to respond efficiently to market fluctuations and seasonal demand.
  4. Fund general corporate purposes, including administrative expenses, brand development, and strategic initiatives aimed at reinforcing the company’s market presence, operational resilience, and long-term sustainability.

About B.D.Industries Limited

B.D. Industries (Pune) Limited was originally incorporated as B.D. Industries (Pune) Private Limited on 16 April 2010 under the Companies Act, 1956. The company was subsequently converted into a public limited entity and renamed B.D. Industries (Pune) Limited on 24 December 2024, following a special resolution passed by its shareholders.

The company is engaged in the manufacturing and trading of plastic products for a diverse range of industries, with a particular focus on automotive and industrial applications. Its product portfolio includes rotomoulded battery boxes, water tanks, and large-format plastic components such as fuel tanks, fenders, and cabin roofs, which are supplied to leading Original Equipment Manufacturers (OEMs).

B.D. Industries operates multiple manufacturing facilities strategically located across India, including Pune (Maharashtra), Dewas (Madhya Pradesh), Hoshiarpur (Punjab), and a proposed site in Zaheerabad (Telangana). These locations have been selected to ensure proximity to key clients such as John Deere, Mahindra & Mahindra, ITL, and Escorts, thereby reducing freight costs and improving service responsiveness.

The company’s operations are supported by its wholly owned subsidiary, B.D. Industries (India) Private Limited, which plays a vital role in expanding production capacity and servicing regional demand. With a consolidated installed capacity of 4,500 metric tonnes and plans to increase this to 6,300 metric tonnes, B.D. Industries is well-positioned to meet the growing requirements of the automotive and industrial sectors.

How To Check the Allotment Status of the B.D.Industries IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for B.D.Industries IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the B.D.Industries IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of B.D.Industries IPO

Registered office: 15th Floor, 1501-B, Universal Majestic, P. L. Lokhande Marg, G. M. Link Road, Near R B K International School, Govandi West, Mumbai – 400043, Maharashtra, India.

Phone: +91 22 6249 0801
E-mail: cs@bdi-group.org

Know before investing

Strengths

8
  1. Facilities positioned near major OEM hubs like Pune, Dewas, and Hoshiarpur reduce logistics costs and improve client servicing.

  2. Long-standing supply partnerships with industry leaders such as John Deere, Mahindra & Mahindra, ITL, and Escorts.

  3. Specialises in rotomoulded plastic components for automotive and industrial applications, including fuel tanks and battery boxes.

  4. Led by seasoned promoters with deep industry knowledge and operational expertise.

  5. Planned increase in installed capacity from 4,500 MT to 6,300 MT to meet rising demand.

  6. Increasing demand for lightweight, durable plastic components in India’s expanding automotive industry.

  7. Opportunity to replace imported plastic components with locally manufactured alternatives under “Make in India”.

  8. Public listing on BSE SME platform enhances brand credibility and access to capital for future growth.

Risks

8
  1. Over 75% of revenue is derived from the top 10 customers, posing a risk if any major client disengages.

  2. Heavy reliance on a few suppliers, including international vendors, may disrupt operations due to delays or price fluctuations.

  3. Past delays in GST, TDS, EPF, and ESI filings could lead to penalties and reputational concerns.

  4. ₹829.96 lakhs in unsecured loans, including from directors, are recallable and may strain liquidity if demanded.

  5. Key facilities, including the Dewas plant and registered office, are leased and subject to renewal uncertainties.

  6. Underutilisation at certain plants (e.g., Hoshiarpur at 30%) may affect cost efficiency and margins.

  7. Absence of binding agreements with customers and suppliers increases business unpredictability.

  8. Multiple tax proceedings involving the company, promoters, and subsidiary may impact financial and operational stability.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

B.D.Industries IPO FAQs

What is the B.D.Industries IPO?

B.D.Industries IPO is a book-built issue IPO. It will be open from July 30, 2025, to August 1, 2025. 

When will the B.D.Industries IPO be allotted?

The Basis of Allotment will happen on Monday, August 4, 2025.  

When will the B.D.Industries IPO open for subscription?

The IPO subscription window will open on July 30, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 2400 shares. 

When will B.D.Industries Limited list on exchanges?

The listing date for B.D.Industries Limited is Wednesday, August 6, 2025. 

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

The issue size of the B.D.Industries IPO comprises a complete fresh issue of 42.00 lakh equity shares. 

What are the open and close dates of the B.D.Industries IPO?

The open and close dates for B.D.Industries IPO are from July 30, 2025, to August 1, 2025. 

Who is the registrar of B.D.Industries IPO?

Cameo Corporate Services Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the B.D.Industries IPO getting listed?

B.D.Industries Limited IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).