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Open
4 Aug 2025
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Close
6 Aug 2025
3
Allotment
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Listing
Mon, Aug 11, 2025
Price Band
₹97 to ₹103
Issue Size
54,00,000 shares (agg. up to ₹56 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Aug 11, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
11-08-2025₹0Est. ₹103+0%
10-08-2025₹0Est. ₹103+0%
09-08-2025₹0Est. ₹103+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.18x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 48.76 | 25.87 | 20.13 |
| Total Income | 110.69 | 83.27 | 18.81 |
| Profit After Tax | 10.79 | 4.96 | 0.18 |
| EBITDA | 16.98 | 6.79 | 1.04 |
| NET Worth | 20.94 | 10.15 | 5.20 |
| Reserves and Surplus | 7.74 | 8.50 | 3.55 |
| Total Borrowing | 19.67 | 9.47 | 10.13 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Quadrant Future Tek Ltd. | Mainboard | ₹290.00 Cr | ₹290 | 59.13 | ₹444.00 | +53.10% | ₹409.45 (-3.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance the cost of establishing new manufacturing facility to expand production capabilities of cables at Plot Nos. 188/1, Village Panwa Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (Proposed new facility) | 22.32 |
| 2 | Funding working capital requirements of the Company | 20.00 |
| 3 | General Corporate Purposes | 7.88 |
| 4 | Issue Expenses | 5.42 |
| Total | 55.62 |
About Bhadora Industries IPO
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 emplo
Contact Details
Bhadora Industries Ltd. AddressOffice No.505, Plot No 39.405NRK BIZ PARK PU-4, Scheme N 54DDU NagarIndore, Madhya Pradesh, 452010+91-70000 61995cs@vidhutcables.comVisit Website