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Bhadora Industries Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.103.00
Issue Size:
Rs.55.62 Cr
Lot Size:
1200 shares
Open Date:
August 4
Bhadora Industries Ltd. IPO Overview
Bidding Dates
August 4 - August 6
Min Investment
₹123,600
Price Range
₹103.00
Issue Size
₹55.62 Cr
IPO DRHP Doc
Company Overview
Bhadora Industries Limited, incorporated in April 1986, manufactures industrial cables under the brand "Vidhut Cables" for efficient electricity transmission and distribution. Their product portfolio includes PVC cables, Low Voltage cables, LT Aerial Bunched Cables, and XLPE cables. The manufacturing facility is accredited by the Bureau of Indian Standards and certified in various management standards. The company operates in multiple states across India and supplies products to State Electricity Boards and EPC companies. The manufacturing unit is located in Tikamgarh, Madhya Pradesh, covering 15,028 square feet, and employs 87 people as of December 31, 2024.
IPO Timeline
Opens
Aug 4
Closes
Aug 6
Allotment
Aug 7
Refunds
Aug 8
Shares Credit
Aug 8
Listing
Aug 11
Opens
Aug 4
Closes
Aug 6
Allotment
Aug 7
Refunds
Aug 8
Shares Credit
Aug 8
Listing
Aug 11
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 0.68x | Partially Subscribed |
| NII (Non-Institutional Investors/HNI) | 1.28x | Oversubscribed |
| RII (Retail Individual Investors) | 0.98x | Partially Subscribed |
| Total Subscription | 0.96x | Partially Subscribed |
Last updated: Aug 6, 2025, 06:21 PM
Current GMP:
No Premium
Est. Listing:
Rs.103
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 16.98 | ₹6.79 Cr | ₹1.04 Cr | - |
| Assets | ₹48.76 Cr | ₹25.87 Cr | ₹20.13 Cr |
| Net Worth | ₹20.94 Cr | ₹10.15 Cr | ₹5.2 Cr |
| Profit After Tax | ₹10.79 Cr | ₹4.96 Cr | ₹0.18 Cr |
| Reserves and Surplus | ₹7.74 Cr | ₹8.5 Cr | ₹3.55 Cr |
| Total Borrowing | ₹19.67 Cr | ₹9.47 Cr | ₹10.13 Cr |
| Total Income | ₹110.69 Cr | ₹83.27 Cr | ₹18.81 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- In-house manufacturing and testing capabilities ensure quality control and cost efficiencies
- Diverse product portfolio including LV, LT AB, LT XLPE, and LT PVC power cables
- Established clientele and government approvals reflecting product reliability and regulatory compliance
- Promoters’ extensive industry experience adds operational depth and leadership continuity
- Established brand presence under ‘Vidhut Cables’ reinforces visibility in target markets
- Strong revenue and profitability growth over recent fiscal years
IPO Details
Bhadora Industries IPO Details
| ₹10 per share | |
| ₹103 per share | |
| 1,200 Shares | |
| 1,32,00,000 shares | |
| 1,86,00,000 shares | |
| 54,00,000 shares (aggregating up to ₹55.62 Cr) | |
| August 11, 2025 | |
| IPO Date | August 4, 2025 to August 6, 2025 |
| Issue Type | Bookbuilding IPO |
| Net Offered to Public | 51,26,400 shares (aggregating up to ₹52.80 Cr) |
| NSE SME | |
| Reserved for | |
| Sale Type | Fresh Capital |
Bhadora Industries IPO Reservation
Share Reservation Distribution
QIB
2,553,600 shares (47.29%)
Retail
1,795,200 shares (33.24%)
Anchor Investors
1,531,200 shares (28.36%)
QIB (Ex-Anchor)
1,022,400 shares (18.93%)
HNI (NII)
777,600 shares (14.4%)
bNII (>₹10L)
518,400 shares (9.6%)
Market Maker
273,600 shares (5.07%)
sNII (<₹10L)
259,200 shares (4.8%)
Bhadora Industries IPO Promoter Holding
| Share Holding Post Issue | 65.59% |
| Share Holding Pre Issue | 92.42% |
Bhadora Industries IPO Listing Details
| ₹103 per share |
| August 11, 2025 |
| BHADORA |
| INE0ZRC01017 |
| ST |
Key Dates
Open Date:August 4
Close Date:August 6
Listing Date:August 11
