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