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Bhadora Industries Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹103
Per Share
GMP
NIL
Grey Market
Est. Listing
₹103
Expected Price
Min. Application
₹247,200
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹103 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size54,00,000 shares (aggregating up to ₹55.62 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 04 Aug 2025
Subscription CloseWed, 06 Aug 2025
Anchor AllotmentSun, 03 Aug 2025
Basis of AllotmentThu, 07 Aug 2025
Initiation of RefundsFri, 08 Aug 2025
Credit of Shares to DematFri, 08 Aug 2025
Listing DateMon, 11 Aug 2025
UPI Mandate Deadline2025-08-06
Application & Investment Details
Retail — Min (2 Lots)₹2,47,200 — 2400 shares
Retail — Max (13 Lots)₹1,606,800 (13 Lots)
HNI — Min (3 Lots)₹3,70,800 — 3600 shares
EPS (Pre-IPO)₹8.17
EPS (Post-IPO)₹5.80
P/E Ratio (Pre-IPO)12.6x
P/E Ratio (Post-IPO)17.76x
Net Offer to Public51,26,400 shares (aggregating up to ₹52.80 Cr)
Reserved for Market Maker2,73,600 shares (aggregating up to ₹2.82 Cr)
Pre-IPO Promoter Holding1,32,00,000 shares
Post-IPO Promoter Holding1,86,00,000 shares
About Bhadora Industries Ltd.

Incorporated in April 1986, Bhadora Industries Limited manufactures industrial cables for efficient electricity transmission and distribution, serving government discoms and EPC companies across various industrial sectors. The company operates under the brand name of "Vidhut Cables".The product portfolio of the company includes Polyvinyl Chloride (PVC) cables Low Voltage (LV) cables, LT Aerial Bunched Cables and Cross-Linked Polyethylene (XLPE) cables.The company's manufacturing facility 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 sells 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 supply its products to State Electricity Boards, domestic and EPC companies across India.The company's manufacturing unit is located in Tikamgarh, Madhya Pradesh covering an area of 15028 Square Feet.As of June 30, 2025, the company had 87 employees in various departments.Competitive StrengthVisionary Leadership and Management.Approved Vendor in Government Schemes.Highest standards of quality across our products, processes, and materials.Sustainable Business Operations.

Objects of the Issue

Bhadora Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
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”)
22.32
2
2 Funding working capital requirements of the Company
20.00
3
3 General Corporate Purposes
7.88
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,32,00,000 shares
Post-IPO Promoter Holding 1,86,00,000 shares
Check AllotmentCheck Status →
Bhadora Industries Ltd. — Live Price LIVE
₹103.00
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Issue ₹103.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹103
GMPNIL
Est. Listing₹103
Lot Size1,200 shares
Min Amount₹247,200
Listing Date11 Aug 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹103
Listing Date11 Aug 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 273,600 ₹2.82 Cr
TOTAL 5,400,000 100.00% ₹55.62 Cr
* Based on ₹103.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹103.00
Per Share
Min Investment
₹123,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹123,600
Retail (Max) 13 15,600 ₹1,606,800
sNII (Min) 14 16,800 ₹1,730,400
bNII (Min) 68 81,600 ₹8,404,800
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 110.69 83.27 18.81
EBITDA 16.98 6.79 1.04
Profit After Tax (PAT) 10.79 4.96 0.18
Net Worth 20.94 10.15 5.20
Total Assets 48.76 25.87 20.13
Reserves & Surplus 7.74 8.50 3.55
Total Borrowings 19.67 9.47 10.13
Key Ratios & Valuation
Issue Price ₹103
Face Value ₹10 Per Share
P/BV 6.49
RoE 51.51%
RoCE 42.41%
RoNW 51.51%
PAT Margin (%) 9.80%
EBITDA Margin (%) 15.42%
Debt / Equity 0.94
Company Details
Company
Bhadora Industries Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Office No. 505, Plot No 39.405 NRK BIZ PARK PU-4, Scheme N 54 DDU Nagar, Indore, Madhya Pradesh, 452010
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
Book Running Lead Manager (BRLM)