Bhavik Enterprises News

Bhavik Enterprises Submits Q4FY26 Compliance Certificate

Bhavik Enterprises Limited submitted its quarterly compliance certificate for Q4FY26 under SEBI regulations, confirming all shares remain in demat form with no rematerialisation requests received during the quarter.

Bhavik Enterprises submits IPO fund utilization certificate

Bhavik Enterprises Limited submitted statutory auditor certificate for IPO fund utilization as working capital under SEBI regulations, with ₹2,794.57 lakhs utilized out of ₹5,460.18 lakhs raised.

Bhavik Enterprises Submits Revised Half-Year Financial Results After Omitting Notes Page

Bhavik Enterprises Limited resubmitted its unaudited financial results for the half-year ended September 30, 2025, after inadvertently omitting a page containing notes to the financial results from the original PDF document. The company reported revenue of Rs 29,427.97 lakhs, representing a 15.97% increase compared to Rs 25,376.46 lakhs in the corresponding previous period. Net profit decreased to Rs 426.43 lakhs from Rs 655.14 lakhs in the previous year. The company completed its Initial Public Offering, allotting 45,00,000 equity shares at Rs 140 per share, raising Rs 6,300 lakhs with net proceeds of Rs 5,460 lakhs after expenses. The shares were listed on BSE's SME platform on October 6, 2025. The company operates in polymer trading and reported foreign currency liabilities of Rs 8,072.07 lakhs against foreign currency assets of Rs 543.55 lakhs.

Bhavik Enterprises Reports 16% Revenue Growth, CFO Resigns

Bhavik Enterprises Limited reported revenue of Rs 29,427.97 lakhs for the six months ended September 30, 2025, representing a 15.97% increase from Rs 25,376.46 lakhs in the corresponding previous period. Net profit declined to Rs 426.43 lakhs from Rs 655.14 lakhs in the previous period. The company completed its Initial Public Offer, allotting 45 lakh equity shares at Rs 140 per share, raising Rs 6,300 lakhs with net proceeds of Rs 5,460 lakhs after expenses. CFO Anish Shah resigned with immediate effect for personal reasons. The board appointed K.P. Ravichandran, a Senior Managerial Personnel with over 25 years of finance experience, as Interim CFO. The company is engaged in trading of polymers and reported foreign currency assets of Rs 543.55 lakhs and liabilities of Rs 8,072.07 lakhs.