BVG India IPO: Facility Management Firm Gets Nod For ₹300-Crore Issue: CEO

BVG India IPO: Facility Management Firm Gets Nod For ₹300-Crore Issue: CEO In 2025-26, the company recorded operating revenue of Rs 4,128 crore and profit after taxes of ₹284 crore.

BVG India submitted its preliminary documents to market regulator SEBI in September of last year in order to raise money through an IPO that would include a new issue of equity shares and an OFS. The draft red herring prospectus (DRHP) dated September 30, 2025 states that current shareholders will sell 2.85 crore equity shares under the offer for sale (OFS).

The DRHP has been filed, and we have received the necessary approvals. So yes, the process is on," BVG India CEO Rupal Sinha told PTI.

Sinha said in the DRHP, the company has disclosed that it will raise ₹300 crore to retire some of its loans and support growth and development. "This all will be more market-driven mechanism," she said.

In 2025–2026, the company recorded operating revenue of ₹4,128 crore and profit after taxes of ₹284 crore.

The company serves customers in the commercial, industrial, healthcare, education, government, and transportation infrastructure sectors through three business verticals: integrated facility management, emergency response services and environment & sustainability services.

Soft services including automated housekeeping, janitorial services, industrial housekeeping, labour supply, security, office assistance, and retail gasoline outlet maintenance are all offered by BVG India.