Bhadora Industries Limited
Bookbuilding IPO · NSE
- Price band
- ₹97 - ₹103
- Lot size
- 1,200 shares
- Issue amount
- ₹55.62 cr
- Total subscription
- 0.96×
- Opens
- 4 Aug 2025
- Closes
- 6 Aug 2025
- Allotment
- 7 Aug 2025
- Listing
- 11 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 54,00,000 shares
- Face value
- NA
- Minimum investment
- ₹1,16,400
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,23,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,32,00,000
- Shares after issue
- 1,86,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,47,200 |
| sHNI | 3 | 3,600 | ₹3,70,800 |
| bHNI | 9 | 10,800 | ₹11,12,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 144 | 17 |
| HNIs (3-10L) | 72 | 71 |
| RETAIL | 748 | 732 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 10.53 | 7.17 |
| RETAIL | 18.49 | 18.1 |
| HNIs 2+ | 2.67 | 3.97 |
| HNIs 10+ | 5.34 | 6.3 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 8.17 | 3.75 | 0.14 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 51.51 | 48.8 | 3.47 |
| PRE IPO(PE) | 12.6 | 0 | 0 |
| POST IPO(PE) | 17.76 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Vidhut Cables, established in April 1986, is based in Tikamgarh, Madhya Pradesh. The company specializes in manufacturing industrial cables designed for efficient electricity transmission and distribution. Their product range includes PVC cables, low voltage cables, LT aerial bunched cables, and XLPE cables. Vidhut Cables operates a BIS-accredited manufacturing facility and holds certifications such as ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety. The company supplies its products to state electricity boards, EPC contractors, and domestic firms, operating across more than 17 states in India, including Maharashtra, Uttar Pradesh, Rajasthan, Delhi, and Telangana. The manufacturing unit spans 15,028 square feet and employs 87 staff members as of December 31, 2024.
Strengths
- Strategic Leadership – Experienced management team fueling steady business expansion.
- Recognized Government Supplier – Approved vendor for public sector initiatives and contracts.
- Stringent Quality Assurance – Robust control processes ensure dependable and certified output.
Risk factors
- Client Concentration Risk – Dependence on top 10 customers may threaten revenue stability.
- Raw Material Sensitivity – Volatile input costs or shortages can affect profitability and operations.
- EPC Revenue Dependence – Heavy reliance on EPC segment makes business susceptible to industry cycles.
Promoters
Shashank Bhadora
Pradeep Bhadora
Anil Bhadora
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 505, Plot No 39.405 NRK BIZ PARK PU-4, Scheme N 54 DDU Nagar, Indore, Madhya Pradesh, 452010
+91-70000 61995
[email protected]Company website ↗Understanding BHADORA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.