Bhadora Industries IPO Details
The Bhadora Industries IPO is a book build issue with a total issue size of ₹55.62 cr, comprising of fresh issue of 5400000 equity shares. Bhadora Industries IPO opened for subscription on Aug 04, 2025 and closed on Aug 06, 2025. Bhadora Industries IPO is set price band at ₹97 to ₹103 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹247,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 07, 2025, and listed on the NSE on Aug 11, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Unistone Capital Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Bhadora Industries IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 97 – 103
- Lot Size
- 1200
- Issue Size
- ₹55.62 Cr
- Minimum Investment
- ₹247200 (2400 Shares)
- Listing Date
- 11 August 2025
Current GMP
₹1 (+0.97%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Bhadora Industries Ltd
Bhadora Industries Limited, established in April 1986, is a leading manufacturer of industrial cables designed for reliable electricity transmission and distribution. Operating under the brand name “Vidhut Cables,” the company caters primarily to government discoms and EPC contractors serving a broad range of industrial sectors.
Product Portfolio:
Bhadora’s diverse product range includes:
- Polyvinyl Chloride (PVC) Cables
- Low Voltage (LV) Cables
- LT Aerial Bunched Cables
- Cross-Linked Polyethylene (XLPE) Cables
These products are engineered to meet varied demands in power distribution networks.
Manufacturing Excellence:
The company’s manufacturing facility, located in Tikamgarh, Madhya Pradesh (covering 15,028 sq. ft.), is certified and accredited for quality and operational excellence:
- Bureau of Indian Standards (BIS)
- ISO 9001:2015 – Quality Management System
- ISO 14001:2015 – Environmental Management
- ISO 45001:2018 – Occupational Health & Safety
The facility is equipped with advanced machinery and a dedicated in-house testing laboratory to ensure product reliability and compliance with industry standards.
Market Presence:
Bhadora Industries has a strong distribution network across multiple Indian states including:
Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh, and Uttarakhand.
Its client base includes State Electricity Boards, EPC companies, and other domestic partners.
As of June 30, 2025, the company employed 87 professionals across various departments, including manufacturing, quality control, and management.
Competitive Strengths:
- Experienced and Visionary Leadership
- Approved Vendor for Government Schemes
- Commitment to High Quality Across Products and Processes
- Sustainable and Certified Operations
Bhadora Industries IPO Promoters
- Shashank Bhadora
- Pradeep Bhadora
- Anil Bhadora
Promoters Holding
Holding Pre Issue
92.42%
Holding Post Issue
65.59%
Bhadora Industries IPO Objective
The Company Bhadora Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- 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”)
- Funding working capital requirements of the Company
- General Corporate Purposes
- Net Proceeds
Address / Contact Info
Bhadora Industries Limited
Office No. 505, Plot No 39.405
NRK BIZ PARK PU-4, Scheme N 54DDU Nagar,
Indore, Madhya Pradesh, 452010
Phone: +91-70000 61995
Email: cs@vidhutcables.com
Website: https://www.vidhutcables.com/
IPO Snapshot
Book Running Lead Managers
- Unistone Capital Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Bhadora Industries IPO is a Book-building IPO with a total issue size of ₹55.62 crore. The Bhadora Industries IPO price band is ₹97 to 103 per share. The Bhadora Industries IPO subscription opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025. The Bhadora Industries IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Bhadora Industries IPO.
The Bhadora Industries IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025
Bhadora Industries IPO Price Band is ₹97 to 103 per share.
Bhadora Industries IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹247200 based on the upper price band
The minimum investment for Bhadora Industries IPO is ₹247200, based on one lot of 1200 shares at the upper price band of ₹103 per share.
Investors can apply for the Bhadora Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 6, 2025. The application amount remains blocked until the Bhadora Industries IPO allotment is finalized.
Bhadora Industries IPO issue size is ₹55.62 crores.
Bhadora Industries IPO allotment date is Wed, Jul 1, 2026.
The registrar for Bhadora Industries IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Bhadora Industries IPO allotment status, refund processing, and other IPO-related information.
The Bhadora Industries IPO GMP (Grey Market Premium) is ₹1 as of Wed, Aug 6, 2025. Based on the upper price band of ₹103 per share, the estimated Bhadora Industries IPO listing price is ₹104, indicating a potential listing gain of approximately 0% over the issue price.