Bhadora Industries IPO Date, Review, Price, Details
Bhadora Industries is gearing up for its upcoming Initial Public Offering (IPO), utilizing a book-building process. The IPO will be available for subscription from August 4 to August 6, 2025. The company aims to raise approximately ₹55.62 crores, entirely through a fresh equity issue, with shares offered at a price band of ₹97 to ₹103 each and a face value of ₹10 per share.
The allocation structure reserves 35% of shares for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The allotment of shares is scheduled for August 7, 2025, and Bhadora Industries is expected to debut on the NSE by August 11, 2025.
On the financial front, Bhadora Industries saw its revenue increase to ₹110.69 crores in 2025 from ₹83.27 crores in 2024. Net profit also improved significantly, rising to ₹10.79 crores in 2025, compared to ₹4.96 crores the previous year.
Bhadora Industries IPO Market Lot Size
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 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% |
Bhadora Industries IPO Valuation – FY2025 (KPI)
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 |
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 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
Established in April 1986, Bhadora Industries Limited specializes in producing industrial cables designed to ensure efficient electricity transmission and distribution. Operating under the “Vidhut Cables” brand, the company primarily serves government agencies and EPC contractors across various sectors. Its diverse product lineup features Polyvinyl Chloride (PVC) cables, Low Voltage (LV) cables, LT Aerial Bunched Cables, and Cross-Linked Polyethylene (XLPE) cables.
Safety and quality are central to Bhadora Industries’ operations—the manufacturing facility has received approvals from the Bureau of Indian Standards (BIS) and holds certifications covering quality, environmental management, and occupational health and safety standards. The company markets its products in several 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 production unit is located in Tikamgarh, Madhya Pradesh, occupying 15,028 square feet, and Bhadora Industries employed 87 permanent staff members as of June 30, 2025.
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 IPO
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To partially fund the establishment of a new manufacturing plant aimed at expanding production capacity for industrial cables and conductors at Plot Nos. 188/1, Village Panwa, Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (referred to as the “Proposed new facility”)
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To support the company’s working capital needs; and
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For general corporate purposes.
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/
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
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