BVG India Ltd IPO GMP Price, Date, Review Details – IPO Upcoming

BVG India Ltd IPO GMP Price, Date, Review Details – IPO Upcoming

BVG India Ltd. has submitted its DRHP to SEBI with an estimated valuation of Rs. 1,200–1,300 crore. The first public offering includes an offer to sell up to 71,96,214 equity shares and a new issue of an extra 200 crore rupees. Hanmatrao Ramdas Gaikwad is offering 16,98,458 stock shares, whereas Umesh Gautam Mane is offering 300,523 equity shares.

BVG India Limited

Strategic Investment FM Alpha Ltd. sells 33,83,589 equity shares, and Strategic Investment FM B sells 7,74,194 equity shares. The offering’s book-running lead managers are ICICI Securities Ltd, JM Financial Ltd, and HSBC Securities and Capital Markets Pvt Ltd. The company also plans to move forward with a pre-IPO sale of Rs. 40 crore. The largest integrated services company in India is supported by 3i Group, a private equity business based in the UK. The company provides both hard services—such as electro-

mechanical work, highway maintenance and soft services such as pharmacy cleaning and logistics management. Automated housecleaning, staff sourcing, janitorial services, etc. are examples of soft services. The company also provides services including garbage disposal, emergency police, and medical response, in addition to all of the aforementioned. The company will have provided customer service to its top 10 clients for a total of 5 years by June 30th, 2021. By June 30, 2021, they will have more than 54,000 employees.

They have served more than 490 clients in 100 cities, 20 states, and 5 union territories. The business benefited from aggressive marketing initiatives and recommendations. Thanks to strong marketing campaigns and suggestions, the company has been successful in increasing its customer base by 58 percent during the course of the past three fiscal years. With a market share of 6.4%, the company dominated the market for integrated facilities management services in FY21. They have provided nine services to a big Indian automaker since the company’s inception.

BVG India Limited IPO Objectives

Here are a few quick reasons why the company is going public:

  • Repayment and/or prepayment of certain borrowings of the company
  • General corporate purposes.

BVG India Limited IPO Financials

Particulars (In Rs cr)FY21FY20FY19
Revenue From Operations1,674.61,940.431,829.84
PAT86.11122.5084.51
EBITDA231.74181.1
EPS (In Rs)32.3145.9831.72
Total Assets1,912.751,898.751,741.82
Total Borrowing547.3621.51583.63
Equity Share Capital25.7125.7125.71

Why should you invest in the BVG India Limited IPO?

  • The Indian FM market has grown at the rate of 19.6% between Fiscal 12 and Fiscal 2021. The FM market is estimated at ₹260.0 billion in Fiscal 2021.
  • The FM market in India is estimated to grow with a CAGR of 27.0% between Fiscal 2021 and Fiscal 2023. The majority of the growth is expected to be driven by the consistent growth in demand from the commercial, retail and industrial sectors.

Know before investing

Strengths

  • With a 6.4 per cent market share in the integrated FMS market in FY21, BVG India is the largest integrated service provider in the nation. It has also outperformed all of its rivals in terms of revenue.
  • They have solid ties with a wide variety of their clientele. 192 of the 475 clients served in FY21 were from the industrial and consumer sector, 31 from the transportation, transit, and infrastructure sector, more than 50 from the hospital and healthcare sector, and 155 from a variety of other industries.
  • Integrating a wide range of services into a single contract is BVG India’s biggest strength.
  • They provide constant, standardised service standards and strive to offer high-quality services.

Risks

  • The firm is affected by any rise in pay or training expenses since the company is subject to all labour laws and regulations.
  • Potential operational risk may negatively impact the company’s reputation.
  • Since the corporation does not own the BVG brand, they have no control over its use and risk having its reputation damaged.
  • A small number of clients provide a significant portion of the company’s income, therefore losing them would result in a substantial loss of that revenue.

BVG India Limited Peer Comparison

CompanyTotal Income in (In Rs CrMarket ShareEBITDA Margin FY20
BVG India Ltd167.56.40%13.02%
ISS Facility Services India Pvt Ltd101.03.90%3.60%
Updater Services Pvt Ltd112.04.30%4.32%
Sodexo Facilities Management Services91.03.50%3.31%
Dusters Total Solutions Services Pvt Ltd72.02.80%5.90%
JLL India Ltd74.52.90%8.60%
CBRE South Asia Pvt Ltd582.20%6.20%
OCS Group Pvt Ltd471.80%4.10%

BVG India Ltd IPO FAQs:

Q1. What is BVG India Limited’s Initial Public Offering?

Ans. In the range of Rs. 1,200–1,300 crore, BVG India Ltd. has filed its DRHP with SEBI. The first public offering comprises an additional 200 crore rupee new issuance and an offer to sell up to 71,96,214 equity shares.

Q2. When will allotments for the BVG India Limited IPO become available?

Ans. BVG India Limited IPO will finalize the allotment by <>.

Q3. What will the IPO lot size for BVG India Limited be?

Ans. Each BVG India Limited IPO lot has <> shares.

Q4. When will BVG India Limited IPO be available to buy?

Ans. The IPO of BVG India Limited will be open for subscription from <>.

Q5. What is BVG India Limited’s smallest lot size available to retail investors?

Ans. The minimum market lot size for the BVG India Limited IPO is <> shares.

Q6. Which exchanges will BVG India Limited list on?

Ans. BVG India Limited shares will be listed on both BSE as well as the National Stock Exchange (NSE).

Q7. What is the IPO size of BVG India Limited?

Ans. The IPO size of BVG India Limited is Rs 50 crore.

Q8. How will I get my BVG India Limited stock?

Ans. Following allotment, the BVG India Limited shares will be credited to the Demat account.

Q9. Can I use one PAN to submit multiple applications for the public issue of BVG India Limited?

Ans. No, you cannot use the same PAN to make multiple applications for this BVG India Limited IPO or any other public offering.

Q10. Is it necessary to give immediate approval to a UPI mandate request?

Ans. Yes, immediately approving a UPI mandate request is preferable. Accepting it as soon as you receive it is much better.

Q11. Who owns BVG India Limited?

Ans. Mr Hanmantrao Gaikwad is the owner of BVG India Limited.

Are Willing to Invest in IPO ?

Free Eq Delivery & MF

FREE Account Opening

Upcoming IPO 2023

Company Open Close Application
Flair Writing 22 Nov 24 Nov View IPO
Tata Technologies 22 Nov 24 Nov View IPO
Fedbank Financial Services 22 Nov 24 Nov View IPO
Gandhar Oil 21 Nov 23 Nov View IPO
IREDA 21 Nov 23 Nov View IPO
ASK Automotive 7 Nov 9 Nov View IPO
Protean eGov 6 Nov 8 Nov View IPO
ESAF Bank 3 Nov 7 Nov View IPO
Mamaearth 31 Oct 1 Nov View IPO
Blue Jet Healthcare 25 Oct 27 Oct View IPO
IRM Energy 18 Oct 20 Oct View IPO
Plaza Wires 29 Sep 4 Oct View IPO
Valiant Laboratories 27 Sep 3 Oct View IPO
Updater Services 25 Sep 27 Sep View IPO
JSW Infrastructure 25 Sep 27 Sep View IPO
Manoj Vaibhav Gems 22 Sep 26 Sep View IPO
Signature Global 20 Sep 22 Sep View IPO
Sai Silks Kalamandir 20 Sep 22 Sep View IPO
Yatra Online 15 Sep 20 Sep View IPO
Zaggle Prepaid Ocean 14 Sep 18 Sep View IPO
Samhi Hotels 14 Sep 18 Sep View IPO
R R Kabel 13 Sep 15 Sep View IPO
EMS IPO 8 Sep 12 Sep View IPO
Jupiter Life Line Hospitals 6 Sep 8 Sep View IPO
Ratnaveer Precision Engineering 4 Sep 6 Sep View IPO
Rishabh Instruments 30 Aug 1 Sep View IPO
Vishnu Prakash R Punglia 24 Aug 28 Aug View IPO
Ebix Cash Coming soon Coming soon View IPO
Balaji Speciality Chemicals Coming soon Coming soon View IPO
Aeroflex Industries 21 Aug 23 Aug View IPO
Pyramid Technoplast 18 Aug 22 Aug View IPO
TVS Supply Chain 10 Aug 14 Aug View IPO
Concord Biotech 10 Aug 8 Aug View IPO
SBFC Finance 3 Aug 7 Aug View IPO
Yatharth Hospital 26 Jul 28 Jul View IPO
Netweb Technologies 17 Jul 19 Jul View IPO
Utkarsh SFB 12 Jul 14 Jul View IPO
Senco Gold 4 Jul 6 Jul View IPO
PKH Ventures 30 Jun 4 Jul View IPO
Cyient DLM 27 Jun 30 Jun View IPO
IdeaForge 26 Jun 29 Jun View IPO
HMA Agro 20 Jun 23 Jun View IPO
IKIO Lighting 6 Jun 8 Jun View IPO
Nexus Select Trust 9 May 11 May View IPO
Mankind Pharma 25 Apr 27 Apr View IPO
Avalon Technologies 3 Apr 6 Apr View IPO
Udayshivakumar Infra 20 Mar 23 Mar View IPO
Global Surfaces 13 Mar 15 Mar View IPO
Tata Technologies Coming soon Coming soon View IPO

Upcoming SME IPO 2023

Company Open Close Application
Sheetal Universal Coming soon Coming soon View IPO
Shanti Spintex Coming soon Coming soon View IPO
Marinetrans India 30 Nov 5 Dec View IPO
Graphisads 30 Nov 5 Dec View IPO
Net Avenue Technologies 30 Nov 4 Dec View IPO
AMIC Forging 29 Nov 1 Dec View IPO
Deepak Chemtex 29 Nov 1 Dec View IPO
Swashthik Plascon 24 Nov 29 Nov View IPO
Rocking Deals 22 Nov 24 Nov View IPO
Arrowhead 16 Nov 20 Nov View IPO
Kalyani Cast Tech 8 Nov 10 Nov View IPO
ROX Hi-Tech 7 Nov 9 Nov View IPO
Sunrest Lifescience 7 Nov 9 Nov View IPO
Micropro Software 3 Nov 7 Nov View IPO
Baba Food Processing 3 Nov 7 Nov View IPO
SAR Televenture 1 Nov 3 Nov View IPO
Mish Designs 31 Oct 2 Nov View IPO
Vrundavan Plantation 30 Oct 1 Nov View IPO
Transteel Seating 30 Oct 1 Nov View IPO
Maitreya Medicare 27 Oct 1 Nov View IPO
Shanthala FMCG 27 Oct 31 Oct View IPO
Paragon Fine 26 Oct 30 Oct View IPO
Ondoor Concepts 23 Oct 27 Oct View IPO
Rajgor Castor Derivatives 17 Oct 20 Oct View IPO
WomenCart 16 Oct 18 Oct View IPO
Arvind and Company Shipping 12 Oct 16 Oct View IPO
Committed Cargo 6 Oct 10 Oct View IPO
Akanksha Power 29 Sep 4 Oct View IPO
Sharp Chucks 29 Sep 4 Oct View IPO
Plada Infotech 29 Sep 4 Oct View IPO
Karnika Industries 29 Sep 4 Oct View IPO
Vishnusurya Projects 29 Sep 4 Oct View IPO
Vivaa Tradecom 27 Sep 4 Oct View IPO
Oneclick Logistics 27 Sep 3 Oct View IPO
Canarys Automations 27 Sep 3 Oct View IPO
E Factor Experiences 27 Sep 3 Oct View IPO
Vinyas Innovative 27 Sep 3 Oct View IPO
Kontor Space 27 Sep 29 Sep View IPO
City Crops Agro 26 Sep 29 Sep View IPO
Goyal Salt 26 Sep 29 Sep View IPO
Sunita Tools 25 Sep 27 Sep View IPO
Arabian Petroleum 25 Sep 27 Sep View IPO
Newjaisa Technologies 25 Sep 27 Sep View IPO
Digikore Studios 25 Sep 27 Sep View IPO
Inspire Films 25 Sep 27 Sep View IPO
Saakshi Medtech and Panels 25 Sep 27 Sep View IPO
Organic Recycling Systems 21 Sep 26 Sep View IPO
Mangalam Alloys 21 Sep 25 Sep View IPO
Marco Cables 21 Sep 25 Sep View IPO
Hi-Green Carbon 21 Sep 25 Sep View IPO
Techknowgreen Solutions 18 Sep 21 Sep View IPO
Madhusudan Masala 18 Sep 21 Sep View IPO
Holmarc Opto-Mechatronics 15 Sep 20 Sep View IPO
Kody Technolab 15 Sep 20 Sep View IPO
Cellecor Gadgets 15 Sep 20 Sep View IPO
Kundan Edifice 12 Sep 15 Sep View IPO
Chavda Infra 12 Sep 14 Sep View IPO
Jiwanram Sheoduttrai 8 Sep 12 Sep View IPO
Meson Valves 8 Sept 12 Sep View IPO
Unihealth Consultancy 8 Sept 12 Sept View IPO
Kahan Packaging 6 Sept 8 Sept View IPO
Pramara Promotions 1 Sept 5 Sept View IPO
Basilic Fly Studio 1 Sep 5 Sep View IPO
Saroja Pharma 31 Aug 5 Sept View IPO
CPS Shapers 29 Aug 31 Aug View IPO
Mono Pharmacare 28 Aug 30 Aug View IPO
Sahaj Fashions 25 Aug 29 Aug View IPO
SunGarner Energies 21 Aug 23 Aug View IPO
Crop Life Science 18 Aug 22 Aug View IPO
Bondada Engineering 18 Aug 22 Aug View IPO
Shoora Designs 17 Aug 21 Aug View IPO
Shelter Pharma 10 Aug 14 Aug View IPO
Srivari Spices 1 Aug 4 Aug View IPO
Sangani Hospitals 4 Aug 8 Aug View IPO
Yudiz Solutions 4 Aug 8 Aug View IPO
Vinsys IT 1 Aug 4 Aug View IPO
Oriana Power 1 Aug 3 Aug View IPO
Zeal Global Services 28 Jul 1 Aug View IPO
Shri Techtex 26 Jul 28 Jul View IPO
Innovatus Entertainment 25 Jul 27 Jul View IPO
Khazanchi Jewellers 24 Jul 28 Jul View IPO
Yasons Chemex 24 Jul 26 Jul View IPO
Asarfi Hospital 17 Jul 19 Jul View IPO
Service Care 14 Jul 18 Jul View IPO
Ahasolar Technologies 10 Jul 13 Jul View IPO
Kaka Industries 10 Jul 12 Jul View IPO
Drone Destination 7 Jul 11 Jul View IPO
AccelerateBS India 6 Jul 11 Jul View IPO
Alphalogic Industries 3 Jul 6 Jul View IPO
Tridhya Tech 30 Jun 5 Jul View IPO
Synoptics Technologies 30 Jun 5 Jul View IPO
Global Pet 29 Jun 3 Jul View IPO
Pentagon Rubber 26 Jun 30 Jun View IPO
Magson Retail 23 Jun 27 Jun View IPO
Greenchef Appliances 23 Jun 27 Jun View IPO
Essen Speciality 23 Jun 27 Jun View IPO
Veefin Solutions 22 Jun 26 Jun View IPO
Aatmaj Hospital 19 Jun 21 Jun View IPO
Vilin Bio Med 16 Jun 21 Jun View IPO
Cell Point 15 Jun 20 Jun View IPO
Cosmic CRF 14 Jun 16 Jun View IPO
Bizotic Commercial 12 Jun 15 Jun View IPO
Urban Enviro 12 Jun 14 Jun View IPO
Spectrum Talent 9 Jun 14 Jun View IPO
Sonalis Consumer 7 Jun 9 Jun View IPO
Kore Digital 2 June 7 June View IPO
Comrade Appliances 31 May 5 June View IPO
Sahana System 31 May 2 June View IPO
CFF Fluid Control 30 May 2 June View IPO
Infollion Research 29 May 31 May View IPO
Hemant Surgical 24 May 26 May View IPO
Proventus Agrocom 24 May 26 May View IPO
Vasa Denticity 23 May 25 May View IPO
Crayons Advertising 22 May 25 May View IPO
Innokaiz India 28 Apr 3 May View IPO
De Neers Tools 28 Apr 3 May View IPO
Retina Paints 19 Apr 24 Apr View IPO
Quicktouch Technologies 18 Apr 21 Apr View IPO