IPO

Bhadora Industries Limited IPO

NSE SME

Offer Date: Aug 4, 2025 - Aug 6, 2025

₹ 123600 /1200 Shares

Bhadora Industries IPO Details

04 Aug, 2025

Open Date

06 Aug, 2025

Close Date

07 Aug, 2025

Allotment Date

11 Aug, 2025

Listing Date

Issue Price

₹97-103 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

MUFG Intime India Private Limited (Link Intime)

Market Lot

Individual(Retail)(Min) : 2400 Shares (₹247,200/-)
Individual(Retail)(Max) : 2400 Shares (₹247,200/-)
HNI(Min) : 3600 Shares (₹370,800/-)

Lead Manager

Unistone Capital Pvt Ltd

Issue Size

54,00,000 shares(aggregating up to ₹55.62 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

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 retail 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 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 All values are in ₹ Cr.

31-Mar-2531-Mar-2431-Mar-23
Assets48.7625.8720.13
Revenue110.6983.2718.81
Profit After Tax10.794.960.18
Net Worth20.9410.155.20
Reserves & Surplus7.748.503.55
Total Borrowing19.679.4710.13

About The 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)

Pre Issue Share Holding: 92.42%

Post Issue Share Holding: 65.59%


Company Promoter(s)
  1. Shashank Bhadora
  2. Pradeep Bhadora
  3. Anil Bhadora

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

Other Details

Company 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

Phone: +91-70000 61995

Email: cs@vidhutcables.com

Website: https://www.vidhutcables.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

Phone: +91-22-4918 6270

Email: bhadora.ipo@linkintime.co.in

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

Bhadora Industries IPO - FAQs

Ans. Bhadora Industries Limited IPO is a SME IPO. The issue is priced at ₹97-103 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 4, 2025, and closes on Aug 6, 2025. MUFG Intime India Private Limited (Link Intime) is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Bhadora Industries Limited IPO opens on Aug 4, 2025 and closes on Aug 6, 2025.

Ans. The size of Bhadora Industries Limited IPO is 54,00,000 shares(aggregating up to ₹55.62 Cr).

Ans. The IPO price band is set between ₹97-103 per equity share.

Ans. To apply for Bhadora Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Bhadora Industries Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Bhadora Industries Limited IPO is Aug 7, 2025.

Ans. The Bhadora Industries Limited IPO will be listed on Aug 11, 2025.

Ans. Follow the steps to check the allotment status for Bhadora Industries Limited IPO here.