New Delhi, Sept. 26 -- The initial public offer of BMW Ventures Ltd, a company engaged in marketing and distribution of steel products, would conclude today, Friday, September 26. On the second bidding day on Thursday, BMW Ventures IPO subscription status was 22% as per BSE data. The BMW Ventures IPO is yet to sail through fully.

BMW Ventures IPO price band has been set in the range of Rs.94-99 per share. The firm based in Bihar has allocated up to 50% of the offer size for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).

Investors are required to bid for a minimum of 151 shares, which entails an investment of Rs.14,949, and can increase their bids in multiples of that numb...