BMW Ventures IPO IPO Subscription Status
The BMW Ventures IPO IPO closed on 26 September 2025 with an overall subscription of 1.50x based on shares applied. QIB demand came in at 3.09x, NII at 3.03x, and retail at 0.99x.
Allotment will be finalised on 29 September 2025. The stock is scheduled to list on NSE and BSE on 1 October 2025.
Issue Price
Rs 99.00
GMP Today
-
Overall Subscription
1.50x
Issue Size
₹231.66 Cr
Allotment Date
29 Sept 2025
Listing Date
1 Oct 2025
BMW Ventures IPO IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 99.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.32 Cr | Rs 7.17 Cr | 3.09x |
| FII | - | Rs 7.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 16.74 L | - |
| NII | Rs 55.60 Cr | Rs 168.48 Cr | 3.03x |
| bNII (above Rs 10L) | Rs 37.07 Cr | Rs 126.47 Cr | 3.41x |
| Corporate | - | Rs 70.11 L | - |
| Individual | - | Rs 17.54 Cr | - |
| Other | - | Rs 108.23 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 18.53 Cr | Rs 42.01 Cr | 2.27x |
| Corporate | - | Rs 46.64 L | - |
| Individual | - | Rs 40.41 Cr | - |
| Other | - | Rs 1.14 Cr | - |
| Retail | Rs 173.75 Cr | Rs 172.51 Cr | 0.99x |
| Cut-off price | - | Rs 138.68 Cr | - |
| Fixed price | - | Rs 33.83 Cr | - |
| Total | Rs 231.66 Cr | Rs 348.16 Cr | 1.50x |
BMW Ventures IPO IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 2,34,000 | 12 | 0.00x |
| FII | - | 4 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 8 | - |
| NII | 2,657 | 2,160 | 0.81x |
| bNII (above Rs 10L) | 1,771 | 186 | 0.11x |
| Corporate | - | 7 | - |
| Individual | - | 174 | - |
| Other | - | 5 | - |
| sNII (Rs 2L to Rs 10L) | 886 | 1,974 | 2.23x |
| Corporate | - | 23 | - |
| Individual | - | 1,896 | - |
| Other | - | 55 | - |
| Retail | 1,16,225 | 1,00,814 | 0.87x |
| Cut-off price | - | 81,494 | - |
| Fixed price | - | 19,320 | - |
| Total | 3,52,882 | 1,02,986 | 0.29x |
What Do These Subscription Numbers Mean?
A subscription of 1.50x means the IPO received bids for 2 times the number of shares available. For every 2 applications, only 1 can receive an allotment.
Here is what each category number tells you:
QIB at 3.09x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 3.09x, it reflects serious institutional conviction.
NII at 3.03x: NII includes high net worth individuals applying above Rs 2 lakh. At 3.03x, allotment probability for NII applicants is very low. The bNII segment came in at 3.41x and sNII at 2.27x.
Retail at 0.99x: Retail investors applying up to Rs 2 lakh saw 0.99x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 0.99x, the probability of allotment for a single retail application is roughly 1 in 1.
BMW Ventures IPO IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
Retail Category: Retail subscription came in at 0.99x based on shares applied and 0.87x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.
NII Category: NII allotment is proportional, not by lottery. At 3.03x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the BMW Ventures IPO IPO Allotment Status page from 29 September 2025 for your allotment result.
BMW Ventures IPO IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Sept 2025 | 1.08x | 0.02x | 0.13x | 0.11x |
| Day 2 - 25 Sept 2025 | 1.08x | 0.05x | 0.27x | 0.22x |
| Day 3 - 26 Sept 2025 | 3.09x | 3.03x | 0.99x | 1.50x |
BMW Ventures IPO IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 September 2025 |
| IPO Close Date | 26 September 2025 |
| Allotment Date | 29 September 2025 |
| Refund Initiation | 30 September 2025 |
| Share Credit to Demat | 30 September 2025 |
| Listing Date | 1 October 2025 |
| Minimum Investment | Rs 14,949.00 |
| Lot Size | 151 shares |
About BMW Ventures IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
BMW Ventures IPO IPO Subscription FAQs
What is the current subscription status of BMW Ventures IPO?
BMW Ventures IPO IPO closed on 26 September 2025 with an overall subscription of 1.50x based on shares applied. QIB subscribed 3.09x, NII 3.03x, and retail 0.99x.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will BMW Ventures IPO allotment be finalised?
Allotment will be finalised on 29 September 2025. You can check your allotment status on the BMW Ventures IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 29 September 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 1 October 2025.
Can I apply after subscription closes?
No. The subscription window closed on 26 September 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 1.50x overall subscription, competition for shares is moderate.
What is the issue size and lot size for BMW Ventures IPO?
Issue size is ₹231.66 Cr. Lot size is 151 shares. Minimum investment at the issue price of Rs 99.00 is Rs 14,949.00 per lot.
For allotment results from 29 September 2025, visit the BMW Ventures IPO IPO Allotment Status page. For listing day updates on 1 October 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.