Bhadora Industries IPO description – Bhadora Industries is engaged in the manufacturing of industrial cables, offering efficient electricity transmission and distribution solutions to government DISCOMs and EPC companies. These entities serve the diverse electrical connectivity needs of various industrial sectors. Operating under the brand name “Vidhut Cables“, the company brings over three decades of experience in the cable industry and has consistently evolved to meet the dynamic demands of the market.
The company began its operations with the production of Polyvinyl Chloride (PVC) cables and subsequently expanded its product range to include Low Voltage (LV) cables, LT Aerial Bunched Cables, and Cross-Linked Polyethylene (XLPE) cables. Each of these products is engineered to serve specific roles in electricity transmission and distribution, ensuring reliable performance across various applications.
Bhadora Industries’ manufacturing facility is equipped with advanced and efficient machinery, including Rod Breakdown (RBD) machines, Skip Stranding cum Armouring Machines, Stranding cum Armouring Machines, and Laying cum 48 Bobbin Armouring Machines, among others.
Promoters of Bhadora Industries – Shashank Bhadora, Pradeep Bhadora, and Anil Bhadora
Table of Contents
Bhadora Industries Offer Details
| Bhadora Industries IPO Dates | 4 – 6 August 2025 |
| Bhadora Industries Issue Price | INR 97 – 103 per share |
| Fresh issue | 54,00,000 shares (INR 52.38 – 55.62 crore) |
| Offer For Sale | NIL |
| Total IPO Size | 54,00,000 shares (INR 52.38 – 55.62 crore) |
| Minimum Bid | 2,400 shares (INR 2,47,200) |
| Lot Size | 1,200 shares (INR 1,23,600) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Bhadora Industries Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 18.44 | 81.39 | 110.11 |
| Expenses | 18.58 | 76.58 | 96.22 |
| Net income | 0.18 | 4.96 | 10.79 |
Bhadora Industries Offer News
- Bhadora Industries RHP
- Bhadora Industries Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Bhadora Industries Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.14 | 3.75 | 8.17 |
| PE ratio | – | – | 11.87 – 12.61 |
| RONW (%) | 3.47 | 48.80 | 51.51 |
| NAV | 3.94 | 7.69 | 15.86 |
| ROCE (%) | 7.72 | 42.91 | 42.41 |
| EBITDA (%) | 5.62 | 8.34 | 15.42 |
| Debt/Equity | 1.95 | 0.93 | 0.94 |
Bhadora Industries IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 6 August 2025 | 3 | – | 2,000 |
| 5 August 2025 | 7 | – | 6,000 |
Bhadora Industries IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 10,22,400 | 7,77,600 | 17,95,200 | 35,95,200 |
| 6 Aug 2025 | 0.68 | 1.63 | 0.98 | 1.04 |
| 5 Aug 2025 | 0.00 | 0.43 | 0.21 | 0.20 |
| 4 Aug 2025 | 0.00 | 0.38 | 0.09 | 0.12 |
The market maker reservation portion of 2,73,600 shares and the anchor investor portion of 15,31,200 shares are not included in the above calculations.
Bhadora Industries IPO Allotment Status
Bhadora Industries IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Link Intime IPO weblink to get allotment status.
Bhadora Industries IPO Dates & Listing Performance
| IPO Opening Date | 4 August 2025 |
| IPO Closing Date | 6 August 2025 |
| Finalization of Basis of Allotment | 7 August 2025 |
| Initiation of refunds | 8 August 2025 |
| Transfer of shares to demat accounts | 8 August 2025 |
| IPO Listing Date | 11 August 2025 |
| Opening Price on NSE SME | INR 101 per share (down 1.94%) |
| Closing Price on NSE SME | INR 105.95 per share (up 0.47%) |
Bhadora Industries Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone: 022 4604 6494
Email: [email protected]
Website: www.unistonecapital.com
Bhadora Industries Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Bhadora Industries Contact Details
BHADORA INDUSTRIES LIMITED
Office No. 505, Plot No 39.405,
NRK BIZ PARK PU-4, Scheme N 54,
DDU Nagar, Indore – 452 010, Madhya Pradesh
Phone: +91-7000061995
E-mail: [email protected]
Website: www.vidhutcables.com
IPO FAQs
What is the Bhadora Industries offer size?
Bhadora Industries offer size is INR 52.38 – 55.62 crores.
What is the Bhadora Industries offer price band?
Bhadora Industries public offer price is INR 97 – 103 per share.
What is the lot size of the Bhadora Industries IPO?
Bhadora Industries offer lot size is 1,200 shares.
What is Bhadora Industries IPO GMP today?
Bhadora Industries IPO GMP today is INR 3 per share.
What is the Bhadora Industries kostak rate today?
Bhadora Industries kostak rate today is INR NA per application.
What is Bhadora Industries IPO Subject to Sauda rate today?
Bhadora Industries Subject to Sauda rate today is INR 2,000 per application.