Bhadora Industries IPO was subscribed overall 0.96 times on the last day, while the retail quota subscribed 0.98 times, QIB subscribed 0.68 times, and the NII quota subscribed 1.28 times, respectively.
Bhadora Industries IPO Details
Bhadora Industries got approval from SEBI for the IPO of ₹55.62 crores, which is an entirely fresh issue of ₹55.62 crores with a face value of ₹10 each share. It has a set price band of ₹97 to ₹103 Per Share.
Bhadora Industries Funds Utilisations
- 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 Shares Distributions
Moreover, the retail category had 2400 shares in a 2-lot size with a minimum application and a maximum.
S-HNI got 3600 shares in 3 lot sizes for minimum and 9,600 shares in 9 lot sizes.
B-HNI received 10,800 shares in 10 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹2,47,200
- Retail Maximum Application:-₹2,47,200
- S-Hni (Minimum)Application:- ₹3,70,800
- S-HNI (Maximum)application:- ₹9,88,800
- B-HNI application: ₹11,12,400.
Bhadora Industries Subscription Duration
Started on August 4, 2025, and closed on August 6, 2025. The allotment was on August 7, 2025, and non-allottees got a refund on August 8, 2025. Bhadora Industries IPO listing is today, August 11, 2025.
About Bhadora Industries IPO
Bhadora Industries Limited, established in April 1986, manufactures industrial cables designed for efficient electricity transmission and distribution. It primarily supplies its products under the brand name “Vidhut Cables” to government departments and EPC companies across various sectors.
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.
Bhadora Industries IPO Financial Background
The company’s revenue was around ₹110.69 crores in 2025, while it was ₹83.27 crores in 2024. The company reported a profit of ₹10.79 crores in 2025 against a profit of ₹4.96 crores in 2024.
