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IPO Analysis > bhadora-industries-nse-sme

Bhadora Industries IPO Logo Decoding the Bhadora Industries IPO Before it is TOO LATE!

With a Compound Annual Growth Rate of 7.94%, the market size of wires and cables is expected to reach USD 17.08 billion by 2032. Moreover, the solar cable requirement alone stands at 5 million kilometres in India. Amidst these market trends, Bhadora Industries IPO is set to hit the market.


Unistone Capital Private Limited is the manager of the issue, while MUFG Intime India Private Limited is the registrar. Click here to check the allotment status.


For more details regarding the Bhadora Industries IPO, click here to view the RHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Bhadora Industries IPO Review: Company Profile


Particulars

Description

Experince

Over 3 decades

Promoters

Anil Bhadora, Shashank Bhadora and Pradeep Bhadora

Main business

industrial cables to EPC firms and government discoms

Brand name

Vidhut Cables

Offerings

AB Cables, Power Cables, Control Cables, Service Cables, ACSR Cables, etc.

Order booke (RHP Date)

₹ 8,504.00 Lakhs

Incorporation

1986 (as Partnership)

Registered Office

Indore, Madhya Pradesh

Plant

Tikamgarh, Madhya Pradesh

Competitors

DCG Cables & Wires Limited and Dynamic Cables Limited


Explore Bhadora Industries IPO Details

Decode every highlight of this IPO, including the Bhadora Industries Ltd IPO timeline, price, size and much, in this section.

Bhadora Industries IPO Date


Event

IPO date

Opening date

4 August 2025

Closing date

6 August 2025

UPI closing

6 August 2025 (5 PM)

Final allotment

7 August 2025

Refund

8 August 2025

Credit of shares

8 August 2025

Listing

11 August 2025

Mandate end

21 August 2025

Lock-in end (half anchor investors)

6 September 2025

Lock-in end (half anchor investors)

5 November 2025


But remember, if you do not have a demat account, you cannot participate in this IPO. Click here to get the list of the best demat account providers in India.

Bhadora Industries IPO Price and Size


Parameter

Number of Equity Shares

Amount (₹ Crores)

Fresh Issue

54,00,000

55.62

Offer for Sale

NIL

NIL

Total Issue

54,00,000

55.62


Objectives

Bhadora Industries Ltd has planned the IPO to meet the following objectives.

Particulars

Amount (₹ Lakhs)

Part financing of the new plant

2,231.57

Working capital

2,000.00

General business use

Undisclosed


Other Takeaways

Now, let us look at some other key highlights of the IPO, including the Bhadora Industries IPO lot size and others.


Particular

Details

Face Value (₹)

10

Price Range (₹)

97 to 103

Listed at

NSE Emerge


Categorisation of Different Investors

Subscription status of this IPO as of 5 PM on 4 August 2025 is given below.


Category

Reserved

Applied

Retail

17.95 Lakhs

1.58 Lakhs

Instituitional

10.22 Lakhs

0

NII

7.77 Lakhs

2.92 Lakhs


Key Financials of Bhadora Industries Ltd


Particulars

2025

2024

2023

Revenue from operations (₹ lakhs)

11,011.18

8,139.32

1,844.03

Total revenue (₹ in lakhs)

11,069.33

8,327.48

1,880.85

Op. EBITDA (₹ in lakhs)

1,698.09

678.78

103.56

Op. EBITDA Margin (%)

15.42

8.34

5.62

Profit after tax (₹ in lakhs)

1,078.68

495.51

18.06

Net profit Ratio/ Margin (%)

9.80

6.09

0.98

Return on Equity (ROE) (%)

51.51

48.80

3.47

Return on Capital Employed (ROCE) (%)

42.41

42.91

7.72

Debt To Equity Ratio

0.94

0.93

1.95

Current Ratio

1.77

1.62

1.59

Net Capital Turnover Ratio

6.42

9.32

2.91


Strengths and Risks

Now, let's decode the key merits and risks associated with the IPO.


Strengths

  1. Leadership and management with domain expertise and future goals.

  2. Approved vendor for government schemes.

  3. Ensure quality assurances through certifications and checks.

  4. Sustained business over 3 decades.


Risks

  1. Top 10 customers contributed 86.92% of revenue as of 31 March 2025.

  2. Raw material costs contributed to 87.54% of total expenses.

  3. 90.12% of contracts are from EPC.

  4. Some ongoing legal proceedings involve the promoters and directors.

Bell Ring! Is This Your Time to Choose the Bhadora Industries IPO?

Currently, at 14.33 on 5 August 2025, the Bhadora Industries IPO GMP stands at ₹1. But GMP changes often, and for the latest GMP updates, click here. Also, note that Grey Market operations don’t mean an exact stock market reaction. Therefore, optimal analysis of IPO details along with the financial statements is key.


Check the live subscription status before applying. Click to apply now.

FAQs

  1. What is the Bhadoria Industries IPO listing price?

The face value of the IPO is ₹10. Moreover, the anticipated price range is between ₹97 and ₹103. To stay updated with this ongoing IPO, click here to check the live subscription status.


  1. Give a Bhadoria Industries IPO review.

The IPO is backed by industry-leading promoters and directors with optimal fiscal metrics. However, the cost of raw materials is high, with strong dominance of top clients and suppliers.


  1. Do I need a demat account?

A demat account is necessary for any IPO or stock market-related transaction. Check to get the ultimate list of top demat account providers in India.


  1. What is a demat account?

The Indian name for a dematerialised account that stores digital financial securities for shares that are exchanged on the stock exchange is a demat account.


  1. What is Bhadoria Industries IPO GMP?

Currently, at 14.33 on 5 August 2025, the Bhadora Industries IPO GMP stands at ₹1. But GMP changes often, and for the latest GMP updates, click here.


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