Bhadora Industries’ IPO subscription started on Monday, August 4, 2025, and the IPO will close on August 6, 2025, as per the schedule. The price band is ₹97 to ₹103 per share with a face value of ₹10.
Bhadora Industries IPO Subscription Status
Bhadora Industries IPO subscribed over 0.96x on its last day till 5.00 PM on 06 August 2025.
- Bhadora Industries IPO subscription QIB investors’ portion is 0.68x, while NII subscribed 1.28x, and RII investors subscribed 0.98x.
- The company has received bids for 34,50,000 shares against 35,95,200 shares on offer on the last day of subscription.
- Bhadora Industries IPO subscribed over 0.96x on its day 3.
- Bhadora Industries IPO subscribed over 0.12x on its day 2.
- Bhadora Industries IPO subscribed over 0.13x on its day 1.
About Bhadora Industries Company
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 Financial Report
The company reported revenue of ₹110.69 crores in 2025 against ₹83.27 crores in 2024. The company reported a profit of ₹10.79 crores in 2025 against profit of ₹4.96 crores in 2024.
Bhadora Industries IPO GMP:
Bhadora Industries IPO GMP was ₹1 as of Wednesday, 06 August, 2025. That indicates the IPO is trading at ₹104 with a ₹1 premium in the grey market against the issue price of ₹103.
