As per information received from our sources, BVG India, A Bharat Vikas Group Company is proposing an initial public offering of its equity shares of the face value of ₹10 each (“Equity Shares”) for cash, through the book-building process, subject to the Securities and Exchange Board of India approval.
The Board has at its meeting dated July 04, 2020, approved; the proposed initial public offering, comprising a fresh issue of the Equity Shares by the Company and an offer for sale of Equity Shares.
The journey of BVG India was started in the year 1993 by HR Gaikwad as a non-profit Bharat Vikas Pratishthan to funds of poor & needy students, having been through financial struggles himself. This non-profit group was started to help rural youth to get jobs and livelihood. However, in 1997, the non-profit BVG (Bharat Vikas Group) turned into a housekeeping company with 8 people & 1 client. Today, it is India’s Largest Integrated services company with 75000+ employees, serving 800+ sites for 750+ customers in 70 cities across 20 states across India.
What is BVG Group?
1. India’s Largest Integrated Service Company in India.
2. Asia’s Largest Police Support Service.
3. India’s largest Emergency Ambulance Service.
4. Pioneers of Mechanized housekeeping in India.
5. 100+ Train cleaned and maintained every day.
Today they have big clients like Bajaj, Mahindra, Ashok Leyland, Hyundai, Volkswagen, Fiat, in automobile companies, and ONGC, ITC, Hindustan lever, Accenture and Indian Railways in the public-private sector.
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