Bhadora Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,553,600 (47%) | — | ₹2,630 Cr |
| NII (HNI) | — | 777,600 (14%) | — | ₹801 Cr |
| Retail | — | 1,795,200 (33%) | — | ₹1,849 Cr |
| Market Maker | — | 273,600 (5%) | — | ₹28 Cr |
| Σ Total | — | 5,400,000 (100%) | — | ₹55,620 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹123,600 |
| Retail (Max) | 13 | 15,600 | ₹1,606,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,730,400 |
| B-HNI (Min) | 67 | 80,400 | ₹8,281,200 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 111 | 83 | 19 |
| EBITDA | 17 | 7 | 1 |
| Profit After Tax | 11 | 5 | 0 |
| Net Worth | 21 | 10 | 5 |
| Total Assets | 49 | 26 | 20 |
| Reserves & Surplus | 8 | 9 | 4 |
| Total Borrowing | 20 | 9 | 10 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Part finance the cost of establishing new manufacturing facility to expand our 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
Company Overview
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 employees in various departments.
Competitive Strength
- Visionary Leadership and Management.
- Approved Vendor in Government Schemes.
- Highest standards of quality across our products, processes, and materials.
- Sustainable Business Operations.