Initial Public Issue of upto 57,44,000 equity shares of a face value of Rs.10 each of BMW Ventures Limited (the company or bmwvl or the issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) (issue price) aggregating upto Rs. (*) crores (the issue) of which upto (*) equity shares of face value of Rs.10 each for cash at a price of Rs. (*) per equity share, aggregating upto Rs. (*) crores will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue upto (*) equity shares of face value of Rs. 10 each for cash at a price of Rs. (*) per equity share aggregating to Rs. (*) is hereinafter referred to as the net issue. The issue and the net issue will constitute (*)% and (*)%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 each and the issue price of Rs. (*) is (*) times of the face value of the equity shares.