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Bhadora Industries IPO
0.55xsubscribed

Bhadora Industries IPO

Electric Equipment
listed
₹2.33LMin. investment

Bhadora Industries Limited IPO Details

SectorElectric Equipment
Price range₹97.00 – ₹103
IPO type
SME
Lot size1200 shares
Issue size₹55Cr
Red Herring Prospectus
Read
Market cap
₹191.58CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹110.11CrLower than sector avg
Growth rate3Y CAGR
144%

Bhadora Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
04-Aug-25
0.0 times (X)
0.38 times (X)
0.0 times (X)
0.08 times (X)
05-Aug-25
0.0X
0.43X
0.0X
0.09X
06-Aug-25
0.68X
1.63X
0.0X
0.55X

As on 04-Aug-25, 5:30 PM

Bhadora Industries IPO Timeline

  1. Pre-apply
    1 Aug 2025
  2. Bid start
    4 Aug 2025
  3. Bid end
    6 Aug 2025
  4. Allotment
    7 Aug 2025
  5. Release of funds
    8 Aug 2025
  6. Demat transfer
    8 Aug 2025
  7. Listing
    11 Aug 2025

About Bhadora Industries Limited

Bhadora Industries Limited, under the brand Vidhut Cables, manufactures industrial cables for efficient power transmission, catering to EPC firms and government discoms. In FY25, 90.12% of revenue came from EPC contracts and 9.88% from Government Discoms. The company offers products such as Polyvinyl Chloride cables to more advanced solutions such as Low Voltage cables, LT Aerial Bunched Cables (75.48% of revenue), and Cross-Linked Polyethene (XLPE) cables (14.08% of revenue). The company’s top 10 clients made up 86.92% of revenue, with the largest accounting for 36.60%. Its manufacturing unit in Tikamgarh, Madhya Pradesh, spans 15,028 sq. ft. and is fully equipped with certified infrastructure.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Bhadora Industries Limited IPO

Funding of capital expenditure requirements
40.13%
The company will utilise ₹22.32 crores towards part financing a new manufacturing facility.
Funding Working Capital Requirements of the Company
35.96%
The company will use up to ₹20.00 crores towards working capital requirements.
General corporate purposes
Not assigned
A portion of the IPO proceeds will be allocated for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹110.11Cr144%₹10.79Cr₹191.58Cr12.600.94
This sector (avg.)₹1,165.91Cr0%₹116.9Cr₹10,304.95Cr99.840.59
₹12,188.31Cr---₹1,874.61Cr₹1,18,213.1Cr66.900.01
₹17,364.2Cr---₹1,688.8Cr₹1,10,443.7Cr65.400.01
₹9,908.66Cr---₹972.98Cr₹91,981.6Cr81.420.01

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Bhadora Industries IPO Contact Details

Company NameBhadora Industries Limited

How to apply for Bhadora Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Bhadora Industries Limited IPO FAQs