Bigbloc Construction Limited has filed a disclosure under Regulation 30 of SEBI Listing Regulations regarding its material subsidiary Bigbloc Building Elements Limited (BBEL).
The Board of Directors of BBEL, at its meeting held on 26th October 2026, has approved in principle the raising of funds through an Initial Public Offering (IPO) of its equity shares.
The proposed IPO is subject to multiple conditions including:
- Approval of BBEL shareholders
- Receipt of requisite regulatory and statutory approvals from Securities and Exchange Board of India (SEBI) and stock exchanges
- Market conditions and other considerations
The IPO will be undertaken in accordance with the Companies Act, 2013 and rules made thereunder, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.
The size, structure, price, timing, and other terms of the IPO will be decided by BBEL in due course.
BBEL is the surviving entity following the amalgamation of Starbigbloc Building Material Limited into BBEL pursuant to a Scheme of Amalgamation sanctioned by the Hon'ble Regional Director vide order dated 28th April 2026. BBEL was converted from a private limited company to a public limited company with effect from 17th August 2026.
Post the proposed IPO, BBEL will continue to remain a subsidiary of Bigbloc Construction Limited. The company will make further disclosures as required under the Listing Regulations.
The intimation clarifies that it is not an offer of securities for sale, or an invitation or solicitation to subscribe to or purchase securities, in India or elsewhere. This disclosure is also available on the company's website at www.bigbloc.in.