Bhadora Industries Limited IPO Details
SME
Bhadora Industries IPO opens for subscription on 04 Aug 2025 and closes on 06 Aug 2025. The IPO will be listed on NSE with the tentative listing date set for 11 Aug 2025.
Bhadora Industries IPO price band has been fixed at ₹97 – ₹103 per share.The face value is ₹10 per share with a lot size of 1200.
Bhadora Industries IPO total issue size comprises 54,00,000 shares (aggregating up to ₹55.62 Cr). This includes a fresh issue of 54,00,000 shares (aggregating up to ₹55.62 Cr). Pre-issue shareholding stands at 1,32,00,000, which will increase to 1,86,00,000 post-issue.
Bhadora Industries IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹247,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹247,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹370,800. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹988,800. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,112,400.
The Lead Managers for Bhadora Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Unistone Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Nnm Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Bhadora Industries Limited RHP.
Bhadora Industries IPO Details
Bhadora Industries IPO Subscription
Bhadora Industries IPO Application Wise Breakup
Bhadora Industries IPO Dates
- 04 Aug 2025Opening dateOPD
- 06 Aug 2025Closing dateCOD
- 07 Aug 2025Basis of AllotmentBOA
- 08 Aug 2025Initiation of RefundsIOR
- 08 Aug 2025Credit of SharesCOS
- 11 Aug 2025Listing dateLID
Bhadora Industries IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Individual Minimum | 2 | 2400 | ₹247,200 |
Individual Maximum | 2 | 2400 | ₹247,200 |
SHNI Minimum | 3 | 3600 | ₹370,800 |
SHNI Maximum | 8 | 9600 | ₹988,800 |
BHNI Minimum | 9 | 10800 | ₹1,112,400 |
Bhadora Industries IPO Reservation
Promoter Holding
Bhadora Industries IPO Valuations
Bhadora Industries Financial Information
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 48.76 | 25.87 | 20.13 |
Revenue | 110.69 | 83.27 | 18.81 |
Profit After Tax | 10.79 | 4.96 | 0.18 |
EBITDA | 16.98 | 6.79 | 1.04 |
Net Worth | 20.94 | 10.15 | 5.20 |
Reserves and Surplus | 7.74 | 8.50 | 3.55 |
Total Borrowing | 19.67 | 9.47 | 10.13 |
Amount in ₹ Crore |
About Bhadora Industries IPO
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.
Strength Of Bhadora Industries IPO
1. Approved Vendor in Government Schemes.
2. Visionary Leadership and Management.
3. Quality Assurance.
4. Sustainable Business Operations.
Risk Of Bhadora Industries IPO
1. The company is highly dependent on its top ten customers and the loss of any of these customers or a substantial reduction in their purchasing activity would have a significant negative impact on its business.
2. The company raw material cost constitutes a significant percentage of its total expenses. Any increase in the prices, availability and quality of raw materials could adversely affect the company reputation, business, results from operations, financial conditions and cash flows. The company relies on few qualified suppliers for its primary raw material, loss of these suppliers may have an adverse effect on its business, results of operations and financial conditions.
3. Its primary source of revenue largely depends on the sale to EPC Contractors. Consequently, any downturn in sales within this segment would significantly hamper its operations and profitability.
4. Its Business is dependent on the company Continuing relationships with its customers, with whom the company has not entered into long term arrangements. Further the company has been procuring business from Government entities, which are undertaken through bidding process and failure to procure such tenders on a continuous basis could adversely impact its revenues and profitability.
5. The company derives a significant portion of its revenue from certain of its products. If sales volume or price of such products declines in the future, or if the company is unable to sell such products for any reason, its business, financial condition, cash flows and results of operations could be adversely affected.
6. Dependence on a Single Manufacturing Facility may have an adverse effect on its business, results of operations and financial condition.
7. The company is measured against high quality standards and stringent performance requirements by its customers. Any failures to meet these standards or requirements could result in the cancellation of current and future orders, product recalls, or liquidated damages. Such events could significantly harm its reputation, business operations, financial condition, and cash flows.
8. The Company is dependent on a domestic market for its sales and any downturn in it could reduce its sales.
9. Its may faces several risks associated with the expansion of the company proposed manufacturing unit, which could hamper its growth, prospects, cash flow and business and financial condition.
10. The company requires working capital for its smooth day-to-day operations and insufficient working capital may result in the company being unable to meet its daily operational needs. This could lead to delays in paying suppliers, wages, or other operational expenses, affecting production schedules and delivery timelines.
Objectives Bhadora Industries IPO
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”)
2. Funding working capital requirements of the Company
3. General Corporate Purposes
Company Contact Details
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: cs@vidhutcables.com
Website: https://www.vidhutcables.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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