Bhadora Industries IPO

About the company

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.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Aug 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   06 Aug 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   07 Aug 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   08 Aug 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   08 Aug 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   11 Aug 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.