Bhagya Machine Tools Ltd. IPO Details

Bhagya Machine Tools was incorporated on December 08, 2021. The company manufactures and sells power press machines, spare parts and components, along with cast and machined parts through its foundry and machining operations. It also refurbishes and resells used power press machines and offers standard as well as customised machines based on customer requirements

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----2.1 M--₹0DRHP DOC

Bhagya Machine Tools issue details

Bhagya Machine Tools has 2.1 M shares on offer

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

Bhagya Machine Tools IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)BSE

Bhagya Machine Tools NUMBER OF SHARES ON OFFER

Total2.1 M
Fresh Issue2.1 M
Offer for Sale0
Post Issue Promoter Holding %

Bhagya Machine Tools FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 68.4 8.2 -0.4 -0.4 15.4%
FY25 65.4 5.0 -0.6 -3.8 9.8%
FY24 33.3 2.1 -1.0 -1.3 8.0%

Bhagya Machine Tools INFORMATION ON IPO ISSUE

About Bhagya Machine Tools

Bhagya Machine Tools was incorporated on December 08, 2021. The company manufactures and sells power press machines, spare parts and components, along with cast and machined parts through its foundry and machining operations. It also refurbishes and resells used power press machines and offers standard as well as customised machines based on customer requirements

Object of the Issue

  • Capital expenditure
  • General corporate purposes

Bhagya Machine Tools - PROMOTERS

Name
Jagdev Singh
Jasdil Singh

Bhagya Machine Tools - MANAGEMENT & LEADERSHIP

NameDesignation
Jagdev SinghManaging Director
Jasdil SinghWhole Time Director
Amandeep AroraIndependent Director
Vikas AroraIndependent Director
Baljeet KaurNon-executive Director

Bhagya Machine Tools Book Running Lead Manager

SKI Capital Services Limited

bmtlipo@skicapital.net

Bhagya Machine Tools Registrar to the Offer

Bigshare Services Pvt. Ltd

ipo@bigshareonline.com

Bhagya Machine Tools Strengths

In-house manufacturing capabilities

The company has in-house capabilities across design, fabrication, machining, assembly and testing, enabling greater control over quality and production. Its product portfolio includes C-Type and H-Type hydraulic and mechanical presses across customisable tonnage ranges, along with spare parts and components

Strength

Efficient production setup

The company follows a direct order-based sales model, enabling production planning based on confirmed customer specifications and demand. Its local sourcing of steel, castings and forgings, along with an integrated Ludhiana facility covering engineering to dispatch, helps reduce lead times and import dependence

Strength

Bhagya Machine Tools Risks

Competition

The company operates in a competitive and fragmented metal-forming equipment industry, facing organised manufacturers, local fabricators and international suppliers on price, delivery, product features, service and compliance. Pricing pressure, imports, currency or duty changes, and competitors with greater scale or stronger product and service offerings could affect its orders, margins, capacity utilisation, cash flows and financial performance

Risk

Counterparty credit risk

The company is exposed to delays or non-payment by customers and other counterparties due to factors such as financial difficulties, economic conditions or disputes over product quality, performance or delivery. Any material delay, default or non-performance could result in cash flow mismatches, increased receivables and adversely affect its financial condition, results of operations and cash flows

Risk

Working capital intensive

The company has significant working capital requirements, primarily due to inventory and trade receivables, funded through borrowings and internal accruals. Delayed collections, higher funding costs or insufficient working capital could restrict raw material procurement and order fulfilment, adversely affecting its operations, profitability and financial performance

Risk

IPO FAQs

  • The promoters of the company are Jagdev Singh and Jasdil Singh.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.