Bhadora Industries Limited’s ₹55.62 crore IPO closes today, August 6, 2025, offering investors a chance to participate in the industrial cable manufacturer’s growth story. The SME-focused IPO has attracted a mix of retail, institutional, and non-institutional investors.
IPO Overview: Final Day to Apply
The initial public offering consists of a fresh equity issue under a 100% book-building mechanism. The company aims to leverage IPO proceeds for working capital, expansion, and strengthening its market position.
Key IPO Details:
• Price Band: ₹97 to ₹103 per share
• Lot Size: 1,200 shares (Minimum Retail Investment: ₹1,23,600 at upper band)
• Max Retail Application: 2 lots = ₹2,47,200
• Bid Opened: August 4, 2025
• Bid Closes: August 6, 2025 (Today)
• Allotment Date (Tentative): August 7, 2025
• Listing Date (Tentative): August 11, 2025 on NSE SME platform
Subscription Status as of Day 3
As per the latest available data, overall subscription stands at 0.91x, indicating cautious investor interest. Segment-wise details are:
• Retail Individual Investors (RII): 0.87x
• Non-Institutional Investors (NII): 1.65x
• Qualified Institutional Buyers (QIB): 0.68x
(Data as of August 6, 2025, 17:50 IST)
Company Background: Bhadora Industries Limited
Headquartered in Tikamgarh, Madhya Pradesh, Bhadora Industries manufactures a wide range of industrial cables branded as Vidhut Cables. Its portfolio includes PVC, LV, LT aerial bunched, and XLPE cables catering to electricity boards and EPC contractors across 17 Indian states.
(Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Investors are advised to consult official RHP documents and licensed financial advisors before making investment decisions.)
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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