02 Apr 2026 | 5 Mins Read

Bvishal Oil files IPO draft papers with SEBI

Flipitmoney

Bvishal Oil and Energy, an onshore oilfield services provider, has filed IPO papers to raise funds through a fresh issue of 1.8 crore shares and an Offer for Sale of 77.09 lakh shares. The company plans to use proceeds for capex, working capital, and machinery acquisition. Order book as of February 2026 stands at Rs 660.85 crore. Unistone Capital will manage the issue.