BVG India Ltd | Latest Share Price & Updates

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₹ 905

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₹ 1,040

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Company Overview

BVG India is one of India’s largest integrated facility management companies with a market share of 6.4% and employee count of 54,000.  The company was incorporated on March 20, 2002 as Bharat Vikas Utility Services Limited. The name of the holding company was subsequently changed to BVG India Limited on July 7, 2004. 

The company provides integrated facility management services including mechanized and industrial housekeeping, manpower supply, security services, facility management, specialized services including paint-shop cleaning, logistics management, solid waste management, maintaining and running ambulances. The company is also engaged in the business of horticultural and landscaping including LED street lights installation and maintenance.  

While facility management services account for 63% of the total revenues, emergency response services (25%) and waste management services contribute 11% of the total revenues.  

The clients of the company belong to a diverse range of industries including automobile, pharmaceutical, oil and gas, metal, chemical, FMCG, healthcare, banking, and government establishments. 

The company has four subsidiary companies: 

  • BVG Kshitij Waste Management Services Pvt. Ltd.
  • Out-of-Home Media (India) Pvt. Ltd
  • BVG Skill Academy
  • BVG-UKSAS EMS Pvt. Ltd. 

 

In October, 2021, the company filed DRHP with SEBI for an IPO to raise Rs 200 crores from fresh issue of equity and an offer for sale of up to 71 lac shares. 

The registered office of the company is located at BVG House, Premier Plaza, Chinchwad, Pune, Maharashtra. 

Symbol:BVG India Limited
Face Value (₹):10
ISIN:INE257H01013
Demat Status:NSDL & CDSL
Lot Size:20 Shares

Board of Directors

NameDesignationProfile
Mr. Hanmantrao GaikwadChairman and Managing Directorlinkedin
Mr. Umesh ManeVice Chairman and Joint Managing DirectorNA Final 1
Mr. Prabhakar Karandikar (IAS-Retd)DirectorNA Final 1
Mr. Chandrakant Dalvi (IAS-Retd)DirectorNA Final 1
Lieutenant General (Retd) Rajendra Ramrao NimbhorkarDirectorNA Final 1
Mr. Jayant PendseDirectorNA Final 1
Mr. Pankaj DhingraDirectorlinkedin
Dr. Swapnali GaikwadDirectorNA Final 1

Key Business Highlights

  • BVG India is the leader in the Indian facility management industry with around 6.4% market share. BVG India also operates India’s largest Ambulance service and Asia’s largest police emergency response service. 
  • Diversified client base in both private and government sector- Indian Railways, HAL, M&M, Hyundai, Fiat, Bajaj Auto to name a few. 
  • BVG earns higher than industry average operating margins (earned 13.84% in 2021) due to its integrated business model.
  • During the last 3 years, the company’s revenues remained stable and the business has low debt-equity ratio (0.14).

Financial Highlights

Particulars2020-212019-202018-192017-18
Total Income (₹ Crores) 1669.531933.531829.151746.97
PAT (₹ Crores) 91.00118.4081.49159.81
Diluted EPS 42.1444.1924.8554.11
Book Value per Share (₹) 192.47171.11142.78123.36
Equity (₹ Crores) 780.39693.79578.92500.17

Financial Charts

Historical Charts

Shareholding Pattern

Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
BVG INDIA LTD4297.835.45%23.39%11.66%0.6525.155.51192.47
TEAMLEASE SERVICES LTD5,820.001.62%13.04%11.88%0.0083.209.87383.71
HEALTHCARE GLOBAL ENTERPRISES LTD3940.00-21.78%-0.99%-27.74%0.59-11.193.4456.96

Media Updates

“Bonus Share Issue Propose in June 2021.”

The Board of Directors, at its meeting held on 14th June, 2021 has recommended for issuance of
bonus shares in the proportion of 1:2 [i.e.1 (One) new fully paid up equity share for every 2 (Two)existing equity shares held].

Pune-based integrated facilities management company BVG India plans to raise Rs 1,200-1,300 crore through an initial public offering (IPO), to foray into new areas in facilities management, over the next two-three months, according to market sources. 

The company will be using the proceeds to bring down its present net debt of Rs 391 crore, and expand its reach in the segments that it already operates in, while taking on new business opportunities. Part of the proceeds will also go towards giving exit to the private equity firm 3i, which invested Rs 200 crore in the company back in 2011.

Read more here: https://www.financialexpress.com/market/ipo-news/bvg-india-plans-to-raise-rs-1200-1300-crore-via-initial-public-offering/2410050/

Frequently Asked Questions (FAQs) on BVG India Unlisted Shares

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the BVG India unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

The BVG India shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for BVG India Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Before IPO, there is no restriction on sale and transfer of your BVG India unlisted shares. 

But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.  

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell BVG India unlisted shares just like domestic investors. But their investment is on a non-repatriable basis. 

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