BDI Group (of companies) is an certified organization manufacturing plastic products in mumbai since over 35 years. THey manufacture over 500 products and cater to 8 different industries including custom rotational moulding. They are vendors to leading Automotive companies for fuels tanks, in-cab parts, fenders, roof tops, adblue tanks etc. BDI also manufactures various kinds of road barriers and other allied products for the safety industry.

B. D. Industries (Pune), an Book Built Issue, amounting to ₹ 45.36 Crores, consisting entirely an Fresh Issue of 42.00 Lakh Shares. The subscription period for the B. D. Industries (Pune) IPO opens on July 30, 2025, and closes on August 01, 2025. The allotment is expected to be finalized on or about Monday, August 04, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, August 06, 2025.

The Share Price Band of B. D. Industries (Pune) IPO is set at ₹ 102 to ₹ 108 per equity share. The Market Capitalisation of the B. D. Industries (Pune) at IPO price of ₹ 108 per equity share will be ₹ 153.46 Crores. The lot size of the IPO is 1,200 shares. Individual investors are required to invest a minimum of 2 lots (2,400 shares), amounting to ₹ 2,59,200.

ARYAMAN FINANCIAL SERVICES LIMITED is the book running lead manager of the B. D. Industries (Pune), while CAMEO CORPORATE SERVICES LIMITED is the registrar for the issue. Aryaman Capital Markets Limited is the Market Maker for B. D. Industries (Pune) IPO.

B. D. Industries (Pune) Limited IPO GMP Today
The Grey Market Premium of B. D. Industries (Pune) IPO is expected to be ₹ 18 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

B. D. Industries (Pune) Limited IPO Live Subscription Status Today: Real-Time Updates
As of 11:00 AM on 30 July, 2025, the B. D. Industries (Pune) Limited IPO live subscription status shows that the IPO subscribed 0.02 times on its First Day of subscription period. Check the B. D. Industries (Pune) IPO Live Subscription Status Today at BSE.

B. D. Industries (Pune) IPO Anchor Investors Report
B. D. Industries (Pune) has raised ₹ 12.90 Crores from Anchor Investors at a price of ₹ 108 per shares in consultation of the Book Running Lead Managers. The company allocated 11,95,200 equity shares to the Anchor Investors. Check Full List of B. D. Industries (Pune) Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

B. D. Industries (Pune) Limited Day Wise IPO GMP Trend

Date	IPO Price	Expected Listing Price	GMP	Last Updated
28 July 2025	₹ 108	₹ 126	₹ 18 (16.81%)	04:00 PM; 28 July 2025

B. D. Industries (Pune) Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
B. D. Industries (Pune) IPO allotment date is 04 August, 2025, Monday. B. D. Industries (Pune) IPO Allotment will be out on 4th August, 2025 and will be live on Registrar Website from the allotment date. Check B. D. Industries (Pune) IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select B. D. Industries (Pune) Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of B. D. Industries (Pune) Limited IPO
B. D. Industries (Pune) to utilise the Net Proceeds towards the following objects: 
1. ₹ 680.00 Lakh is required for Repayment or Pre-payment of borrowings of the Company
2. ₹ 730.00 Lakh is required for Funding Working Capital requirements of the Company
3. Investment in B.D. Industries (India) Private Limited, their Material Subsidiary
    a) ₹ 1,160.00 Lakh is required for Repayment or Pre-payment of its borrowings
    b) ₹ 540.00 Lakh is required for Purchase of Machinery
    c) ₹ 730.00 Lakh is required for Funding Working Capital Requirement
4. General Corporate Purpose

Refer to B. D. Industries (Pune) Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live IPO GMP today, Live IPO Subscription Status Today, Share Price, Financial Information and other details before applying in the IPO.

The Upcoming IPOs in this week and coming weeks are Highway Infrastructure, Flysbs Aviation, Part Electricals & Engineering, Jyoti Global Plast, M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, NSDL.

The Current active IPO are Umiya Mobile, Repono, Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities, Brigade Hotel Ventures.

The Closed IPOs are Indiqube Spaces, GNG Electronics, TSC India, Monarch Surveyors & Engineering Consultants.

The Recently Listed IPOs which is available for trading in stock Market are Swastika Castal, Savy Infra, Monika Alcobev, Anthem Biosciences, Spunweb Nonwoven, Glen Industries, Chemkart India, Travel Food Services, Smarten Power Systems, Happy Square Outsourcing Services, Cryogenic OGS, Crizac and many more.

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About B. D. Industries (Pune) Limited

BUSINESS OVERVIEW

B. D. Industries (Pune) commenced operations in 1984 with the repair and manufacturing of traction batteries, later diversifying into rotomoulded plastic container boxes for these batteries. In 2010, the company acquired Toyo Containers, marking the start of production for high-quality rotomolded battery boxes and water tanks.

Today, the company is engaged in the manufacturing and trading of plastic products across multiple industries. Key offerings in the automotive sector include plastic fuel tanks for off-road vehicles, urea tanks, fenders, hydraulic tanks, air ducts, mudguards, and cabin roofs. Beyond automotive, rotomoulded products cater to sectors such as road & highway safety, material handling, water management, marine, renewable energy, healthcare, and custom moulding.

Operations are supported by three fully functional manufacturing facilities located in Pune (Maharashtra), Dewas (Madhya Pradesh), and Hoshiarpur (Punjab). A fourth facility in Zaheerabad (Telangana) is currently under construction and spans 6,047 sq. mtrs.

All plants are equipped with advanced machinery and material handling systems, designed to ensure efficient production, streamlined logistics, and timely delivery. Comprehensive safety protocols are enforced through a formal manual, regular safety meetings, and adherence to internal health and safety standards.

The company's employee along with Department for the period ended May 31, 2025 are 98 employees. The Banker to the company is HDFC Bank Limited.

INDUSTRY ANALYSIS

Indian Plastic Market: Industry Overview

The plastic industry in India plays a vital role in the country's economy and industrial development. Originating in 1957 with the production of polystyrene, the sector has experienced significant growth over the decades. Today, it is a robust industry with over 2,500 exporters and more than 30,000 processing units—of which 85–90% are small and medium enterprises (SMEs). The sector provides direct and indirect employment to over 4 million individuals.

India manufactures a wide range of plastic products including houseware, linoleum, films, packaging materials (both rigid and flexible), pipes, fishnets, cordage, floor coverings, and medical supplies. The country is also a key exporter of plastic raw materials, films, sheets, woven sacks, fabrics, and tarpaulins.

The Government of India has set an ambitious goal to expand the sector’s contribution from ₹3 lakh crore (approximately US$ 37.8 billion) to ₹10 lakh crore (around US$ 126 billion) over the next 4–5 years. In line with this vision, 10 Plastic Parks have been approved, with six receiving final approval in states such as Madhya Pradesh (two parks), Assam, Tamil Nadu, Odisha, and Jharkhand. These parks aim to create employment opportunities and foster sustainable, eco-friendly growth.

Export Trends

In FY25 (up to June 2024), India exported plastic products worth US$ 2.93 billion, marking steady growth in key segments:

• Plastic films & sheets: ↑ 24.9%

• FIBC woven sacks and fabrics: ↑ 11.9%

• Packaging items (rigid & flexible): ↑ 10.4%

During FY23, cumulative exports of plastic and related products stood at US$ 11.96 billion, showing a 10.4% decline from the FY22 figure of US$ 13.35 billion. However, plastic raw materials emerged as the top export category, accounting for 27.76% of total exports and registering 21.5% year-on-year growth. In contrast, plastic films and sheets, the second-largest category (15.13%), saw a 10.6% decline.

In June 2024 alone, exports reached US$ 980.8 million, with robust performance in categories like medical plastic items, FRP & composites, packaging, cordage, fishnets, floor coverings, leathercloth, and laminates. The April–June 2025 period showed an overall export growth of 5.4% YoY, reaching US$ 2.93 billion.

Government Initiatives

To strengthen India's position in global plastic trade, the Plastic Export Promotion Council (PLEXCONCIL) has set a target of US$ 25 billion in exports by 2027. The Government of India is actively developing several Plastic Parks under its support scheme, funding up to 50% of project costs or a maximum of ₹40 crore (US$ 5 million) per park.

Key national programs such as "Make in India", "Digital India", and "Skill India" are expected to drive domestic production and reduce import dependency. For instance, “Digital India” aims to encourage local manufacturing of plastic components and parts, thereby boosting the industry.

The government has also initiated the creation of Centres of Excellence (CoEs) to enhance research in petrochemicals and polymers, fostering innovation and the development of new plastic applications. Additionally, 23 Central Institutes of Plastics Engineering & Technology (CIPET) have been approved to support skill development and facilitate technological advancement in the plastics and petrochemicals sectors.

BUSINESS STRENGTHS

Experienced Management Team
Led by Mr. Dalbirpal Saini, Chairman & Managing Director, with over 30 years of experience in the rotomoulding industry, the company is backed by a qualified and professional management team. Each member brings strong academic credentials and deep industry expertise, contributing to operational efficiency and consistent sales growth.

Quality Assurance
A robust Quality Management System (ISO 9001:2015) ensures adherence to global standards. Supported by an experienced engineering and design team, the company operates an advanced material testing laboratory, enabling product reliability, innovation, and performance consistency.

Long-Standing Client Relationships
Strong, enduring relationships with key clients have fostered repeat business and enabled the development of a customer retention strategy, positioning the company to attract new business and sustain long-term growth.

Well-Established Manufacturing Infrastructure
The company operates three manufacturing units in Pune (Maharashtra), Dewas (Madhya Pradesh), and Hoshiarpur (Punjab). Proximity to major customers reduces freight and packaging costs, enhances delivery efficiency, and supports partnerships exceeding a decade. High On-Time Delivery (OTD) performance reinforces customer trust and operational reliability.

Scalable Business Model
An order-driven, capacity-focused model ensures optimal utilization of manufacturing and trading capabilities. Strong supplier relationships and economies of scale support scalability and adaptability to rising demand.

Diversified Product Portfolio with Value-Added Focus
With core expertise in plastic fuel tanks for automotive and off-road sectors, the company emphasizes customization and product diversification. Focused on value-added offerings, it continuously aligns products with evolving industry trends and client-specific needs.

BUSINESS STRATEGIES

Customer Base Expansion
Focused on the production of plastic fuel tanks, urea tanks, and related components for the automotive and off-road industries, the company continues to serve leading manufacturers through long-standing relationships. A reputation for quality and on-time delivery positions the company as a preferred supplier, enabling deeper market penetration and expansion into new multinational, regional, and local customer segments via a strong sales and marketing network.

Debt-Free Status Post Public Issue
Post-IPO, the company plans to become debt-free by repaying existing borrowings, leading to improved financial stability, reduced interest burden, and higher profitability. A stronger balance sheet will provide greater flexibility for future investments, expansion, and value creation.

Geographical Expansion with New Plant
The construction of a new manufacturing facility in Zaheerabad (Telangana) is aimed at enhancing production capacity, expanding market presence, and improving supply chain efficiency. The new plant will help reduce logistics costs and tap into emerging regional demand, supporting the company’s vision of sustainable growth and industry leadership.

Augmentation of Working Capital Base
A portion of the IPO proceeds will be utilized to strengthen working capital, ensuring smooth operations and supporting future demand. Enhanced liquidity will facilitate inventory management, supply chain optimization, and improved credit terms to customers, contributing to operational efficiency and scalable growth.

BUSINESS RISK FACTORS & CONCERNS

Geographical Concentration of Revenue
A substantial portion of revenue is derived from Maharashtra, Madhya Pradesh, Punjab, Haryana, Telangana, Karnataka, and Tamil Nadu, contributing 85.19% (FY25), 79.67% (FY24), and 87.05% (FY23) of total operational revenue. Any adverse policy change or natural disaster in these regions may impact overall business performance.

Absence of Long-Term Sales Agreements
No long-term sales contracts are in place with customers. Revenue is subject to fluctuations based on ongoing relationships and order volumes, making the business vulnerable to demand shifts or customer attrition.

Leasehold Risks
The Dewas manufacturing facility and registered office in Mumbai operate on leasehold premises. Inability to renew these leases or being forced to vacate may lead to operational disruptions, increased relocation costs, or loss of production time, negatively impacting business continuity and profitability.

Customer Concentration
Revenue is significantly dependent on a limited number of customers. Loss or reduced business from top one, top five, or top ten customers may materially affect financial results. Sustained relationships and consistent order flows are critical, and any change in customer behavior, such as reduced orders or disassociation, may lead to revenue loss.

Supplier Dependency
Raw material procurement is concentrated among a few suppliers. Any delays or disruptions in supply may adversely affect production timelines, cost structures, and financial stability.

The company faces risks related to geographic concentration of revenue, customer and supplier dependency, and leasehold properties. Any operational disruptions, policy changes, or shifts in customer relationships may significantly affect business performance, cash flows, and profitability.