IPO

Bhadora Industries Limited IPO

NSE SME

Listed On: Aug 11, 2025 at ₹ 101.0

₹ 247200 /2400 Shares
*Min Investment

Check Allotment

04 Aug, 2025

Open Date

06 Aug, 2025

Close Date

07 Aug, 2025

Allotment Date

11 Aug, 2025

Listing Date
Bhadora Industries IPO Issue Details
  • Issue Price ₹97-103 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 54,00,000 shares(aggregating up to ₹55.62 crore)
  • Fresh Share 54,00,000 shares(aggregating up to ₹55.62 crore)
  • Listing at NSE SME
  • List Price 101.0
  • Listing Date 2025-08-11
  • Lead Manager Unistone Capital Pvt Ltd
  • Registrar MUFG Intime India Private Limited (Link Intime)
Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2400 ₹2,47,200
Individual(max) 2 2400 ₹2,47,200
NII (min) 3 3,600 ₹3,70,800
Bhadora Industries IPO Reservation

Bhadora Industries IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (28.43%)
Market Maker Shares Offered NA (5.05%)
QIB Shares Offered NA (18.97%)
NII (HNI) Shares Offered 4,65,600 (14.26%)
Individual Shares Offered 10,86,400 (33.28%)
Total Shares Offered 32,64,000 (100%)
Bhadora Industries IPO Documents
Bhadora Industries IPO Details


Bhadora Industries Limited IPO is an SME IPO, priced at ₹97-103 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 54,00,000 equity shares, aggregating up to ₹55.62 crores..

The IPO bidding window is open from Aug 4, 2025 to Aug 6, 2025. The allotment is expected to be finalized on Aug 7, 2025, and the tentative listing date is Aug 11, 2025.

The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,47,200. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,70,800.

Unistone Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is MUFG Intime India Private Limited (Link Intime), and

Read More
Bhadora Industries IPO Subscription Analysis And Details
Retail
0.98x
Total
0.96x
As on QIB / NII Individual Total
Shares Offered / Reserved 10,22,400 / 7,77,600 17,95,200 35,95,200
Day 1 04-08-25 06:00 PM
0.00 / 0.38 x 0.09 x 0.13 x
Day 2 05-08-25 06:00 PM
0.00 / 0.08 x 0.21 x 0.12 x
Day 3 06-08-25 06:00 PM
0.68 / 1.28 x 0.98 x 0.96 x

Total No of Applications
825
Bhadora Industries Valuations
EPS Pre IPO ₹8.17/-
EPS Post IPO ₹5.80/-
P/E Pre IPO 12.60
P/E Post IPO 17.76
ROE 51.51%
ROCE 42.41%
Debt/Equity 0.94
RoNW 51.51%
PAT Margin 9.80%
Price to Book Value 6.49
Bhadora Industries Company Financials
In Crs.
In Cr.
31-Mar-25 31-Mar-24 31-Mar-23
Assets 48.76 25.87 20.13
Revenue 110.69 83.27 18.81
Profit After Tax 10.79 4.96 0.18
Net Worth 20.94 10.15 5.20
Reserves & Surplus 7.74 8.50 3.55
Total Borrowing 19.67 9.47 10.13
About Bhadora Industries Company

Incorporated on April 1986, Bhadora Industries Limited produces industrial cables for effective transmission and distribution of electricity, to government discoms and EPC companies of different industrial segments. The company is operating under the brand name of 'Vidhut Cables'.

The company product range consists of Polyvinyl Chloride (PVC) cables Low Voltage (LV) cables, LT Aerial Bunched Cables and Cross-Linked Polyethylene (XLPE) cables.The manufacturing plant of the company is accredited by the Bureau of Indian Standards (BIS) and certified in Quality Management (BIS ISO 9001:2015), Environmental Management (ISO 14001:2015), and Occupational Health and Safety (ISO 45001:2018).The company offers its products in the states of Andhra Pradesh, Assam,Bihar, Chhattisgarh, Delhi, Haryana, Himachal Pradesh, J&K, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand.

The company supplies its products to State Electricity Boards, Indian and EPC companies throughout India.The manufacturing facility of the company lies in Tikamgarh, Madhya Pradesh over an area of 15028 Square Feet.

As of June 30, 2025, the company employed 87 persons across different departments.

Read More
Bhadora Industries - Promoter(s)

Shashank Bhadora

Pradeep Bhadora

Anil Bhadora

Pre Issue Share Holding : 92.42%

Post Issue Share Holding : 65.59%

Bhadora Industries IPO - Issue Objectives
1

Part finance the cost of establishing new manufacturing facility to expand our production capabilities of cables at Plot Nos. 188/1, Village Panwa Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (Proposed new facility)

2

Funding working capital requirements of the Company

3

General Corporate Purposes

Contact Details

Bhadora Industries

Office No. 505, Plot No 39.405, NRK BIZ PARK PU-4, Scheme N 54 DDU Nagar, Indore, Madhya Pradesh, 452010

+91-70000 61995

cs@vidhutcables.com

https://www.vidhutcables.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

bhadora.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html