Bhavik Enterprises Ltd. IPO

Incorporated on September 15, 2008, we are engaged in trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP) which has a wider usage and application in various industries such as packaging, infrastructure, agriculture and many more. We provide a broad range of products to ... the customers which increases the scope of the customers and the ability to cater to a diversified clientele base. the comprehensive product portfolio under Polyethylene (PE) includes LLDPE, LDPE, HDPE and MLLDPE. Under Polypropylene (PP), the product portfolio consists of Homo polymer, Impact Co-polymer and Random Co-polymer. the company’s business model emphasizes "Stock & Sale" catering to small, medium and large customers as per their requirement. We are presently engaged in the domestic B2B trading of polymer, wherein we import the material and store the same at the warehouses and depots and sell them thereafter to manufacturer of plastic product. These end use customers include manufacturers of pressure pipes, non-pressure pipes, drip pipe, shrink film, lamination film, mulch film, greenhouse films, CPP films, liners, EPE foam, woven sack bags, spun bond nonwoven fabric, paint pails, crates, houseware products, suitcases, thin wall containers. Polyethylene (PE) and Polypropylene (PP) are two of the most consumed thermoplastic components in the world. PE is the most commonly produced and consumed polymer compound globally. If finds application in a wide range of products, ranging from every day usage products to niche products. Some of the uses of PE include usage in manufacture of PET bottles, bags & food containers, pipes & pipe fittings. Flexible packaging films, and medical implants, to name a few. The popularity of polypropylene stems from its unique blend of properties including flexibility, moisture resistance, superior impact strength, insulation properties, and the smallest impact1 on environment amongst all popular thermoplastics. These unique properties & attributes has led to its usage as mouldings, fibers, tape, foam, and film. In these separate forms PP is used across a wide range of industries including automotive, plastic packaging, technical textiles, and plastic parts used in machinery/equipment’s. This widespread usage pattern of PP in its various forms across multiple industries has given the commodity a strong and varied demand base. (Sthece: D&B Reports). The Company is an authorized distributor of Borouge Pte Ltd to market and sell “Borouge” products in India. Borouge Pte Ltd is a Singapore based multinational company which is engaged in manufacturing and distribution of Polyethylene (PE) and Polypropylene (PP) and related compounds. We also share business relation with another petrochemical multinational company i.e., Basell International Trading FZE, a Dubai based Company from whom we are regularly importing the “LyondellBasell” products and sell it in India. Basell International Trading FZE is the producers of versatile plastic resins, such as polypropylene, polypropylene compounds and polyethylene. We import the products from these overseas suppliers and sell it in domestic market as per prevailing market price. Read more

Unless otherwise indicated, industry and market data used in this section has been derived from industry publications, in
particular, the report titled “Indian Petrochemical Industry” dated December 24, 2024 (the “D&B Report”) prepared and
issued by Dun & ... Bradstreet Information Services India Private Limited (“D&B India”) and exclusively commissioned and paid for by us in connection with the Offer. A copy of the D&B Report is available on the website of the Company at https://bhavikenterprises.com/ until the Offer Closing Date. The data included herein includes excerpts from the D&B Report and may have been reordered by us for the purposes of presentation. D&B India is an independent agency which has no relationship with the Company, the Promoter and any of the directors or KMPs or SMPs. There are no parts, data or information relevant for the proposed Offer, that have been left out or changed in any manner. Industry stheces and publications are also prepared based on information as of specific dates and may no longer be current or reflect current trends. Industry stheces and publications may also base their information on estimates, projections, forecasts and assumptions that may prove to be incorrect. Accordingly, investors must rely on their independent examination of, and should not place undue reliance on, or base their investment decision solely on this information. Financial information used herein is based solely on the audited financials of the Company and other peers. The recipient should not construe any of the contents in this report as advice relating to business, financial, legal, taxation or investment matters and are advised to consult their own business, financial, legal, taxation, and other advisors concerning the transaction. Industry stheces and publications generally state that the information contained therein has been obtained from stheces generally believed to be reliable, but that their accuracy, completeness and underlying assumptions are not guaranteed, and their reliability cannot be assured. While preparing its report, D&B India has also stheced information from publicly available stheces, including the Company’s financial statements. However, financial information relating to the Company presented in other sections of this Prospectus has been prepared in accordance with Indian Gaap and restated in accordance with the SEBI ICDR Regulations. Accordingly, the financial information of the Company in this section is not comparable with Indian Gaap financial information presented elsewhere in this Prospectus. Read more