Mumbai, Sept. 29 -- The initial public offer of BMW Ventures received bids for 3,51,67,598 shares as against 2,34,00,000 shares on offer. The issue was subscribed 1.50 times.

The Qualified Institutional Buyers (QIB) category was subscribed 3.09 times, the Non-Institutional Investors category was subscribed 3.03 times and the Retail Individual Investors category was subscribed 0.99 times.

The issue opened for bidding on 24 September 2025 and it closed on 26 September 2025. The price band of the IPO is fixed between Rs 94 and 99 per share.

The offer comprised a fresh issue of up to 2,34,00,000 equity shares aggregating Rs 232 crore at the upper price band of Rs 99 and aggregating Rs 220 crore at the lower price band of Rs 94.

The compan...