Bhadora Industries IPO Details
| IPO Open Date: | August 4, 2025 |
| IPO Close Date: | August 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹97 to ₹103 Per Share |
| Issue Size: | Approx ₹55.62 Crores |
| Fresh Issue: | Approx ₹55.62 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Lot Size: | 1,200 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Bhadora Industries IPO Market Lot
The Bhadora Industries IPO minimum market lot is 2,400 shares with ₹2,47,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,47,200 |
| Retail Maximum | 2 | 2,400 | ₹2,47,200 |
| S-HNI Minimum | 3 | 3,600 | ₹3,70,800 |
| S-HNI Maximum | 9 | 9,600 | ₹9,88,800 |
| B-HNI Minimum | 10 | 10,800 | ₹11,12,400 |
Bhadora Industries IPO Dates
The Bhadora Industries IPO date is August 4 and the close date is August 6. The Bhadora Industries IPO allotment will be finalized on August 7 and the IPO listing on August 11.
| IPO Open Date: | August 4, 2025 |
| IPO Close Date: | August 6, 2025 |
| Basis of Allotment: | August 7, 2025 |
| Refunds: | August 8, 2025 |
| Credit to Demat Account: | August 8, 2025 |
| IPO Listing Date: | August 11, 2025 |
Promoters of Bhadora Industries IPO
The promoters of the company are Shashank Bhadora, Pradeep Bhadora, and Anil Bhadora.
About Bhadora Industries IPO
Founded in April 1986, Bhadora Industries Limited is involved in the manufacturing of industrial cables for smooth electricity transmission and distribution. It supplies mainly to government departments and EPC companies spanning different industries, under the brand name “Vidhut Cables”. Bhadora Industries’ portfolio includes Polyvinyl Chloride (PVC) cables, Low Voltage (LV) cables, LT Aerial Bunched Cables, and Cross-Linked Polyethylene (XLPE) cables. When it comes to safety and surety, one does not need to worry as the factory is approved by the Bureau of Indian Standards (BIS) and certified for quality, environment, and worker safety. Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Haryana, Himachal Pradesh, J&K, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand are some of the states the company sell its products. Its manufacturing facility is situated in Tikamgarh, Madhya Pradesh, covering an area of 15028 Square Feet. The company comprises 87 permanent employees as of June 30, 2025.
Bhadora Industries IPO Company Financial Report
The company reported revenue of ₹110.69 crores in 2025 against ₹83.27 crores in 2024. The company reported profit of ₹10.79 crores in 2025 against profit of ₹4.96 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹18.81 | ₹18.58 | ₹0.18 | ₹20.13 |
| 2024 | ₹83.27 | ₹76.58 | ₹4.96 | ₹25.87 |
| 2025 | ₹110.69 | ₹96.22 | ₹10.79 | ₹48.76 |
Bhadora Industries IPO Valuation – FY2025
Check Bhadora Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 51.51% |
| ROCE: | 42.41% |
| EBITDA Margin: | 15.42% |
| PAT Margin: | 9.80% |
| Debt to equity ratio: | 0.94 |
| Earning Per Share (EPS): | ₹8.17 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 51.51% |
| Net Asset Value (NAV): | ₹15.86 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Dynamic Cables Limited | 27.13 | 16.59 | 17.34% | 157.51 | 1025.37 Cr. |
| DCG Cables & Wires Limited | 4.46 | 16.32 | 10.24% | 43.56 | 127.56 Cr. |
Objects of the Issue
- Part finance the cost of establishing a new manufacturing facility to expand its production capabilities of industrial cables and conductors at Plot Nos. 188/1, Village Panwa Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (“Proposed new facility”);
- Funding working capital requirements of our Company; and
- General Corporate Purposes.
Bhadora Industries IPO Review
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Bhadora Industries IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
Company Address
Bhadora Industries Ltd.
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: [email protected]
Website: https://www.vidhutcables.com/
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