Mumbai, Sept. 26 -- The initial public offer of BMW Ventures received bids for 3,51,67,598 shares as against 2,34,00,000 shares on offer, according to stock exchange data at 17:30 IST on Friday (26 September 2025). The issue was subscribed 1.50 times.

The issue opened for bidding on 24 September 2025 and it will close on 26 September 2025. The price band of the IPO is fixed between Rs 94 and 99 per share. An investor can bid for a minimum of 151 equity shares and in multiples thereof.

The offer comprises 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 company proposes to use the net proceeds from the issue towar...