Bhadora Industries share price lists with 2% discount at ₹101 on NSE SME
Bhadora Industries received muted demand for its initial public offering (IPO) during its subscription period. Bhadora Industries IPO listing date was today, 11 August 2025. The equity shares of the company were listed on the NSE SME platform.
Bhadora Industries IPO listing was in-line with the muted Street expectations as indicated by the grey market premium (GMP). Bhadora Industries IPO GMP today was ₹ 0 per share. This indicated a flat listing of shares.
Bhadora Industries is a manufacturer of industrial cables and operates under the brand name of 'Vidhut Cables'.
Bhadora Industries IPO opened for public subscription on Monday, August 4, and closed on Wednesday, August 6. The IPO allotment was finalized on August 7, and Bhadora Industries IPO IPO listing date was today, August 11. Bhadora Industries IPO was an SME IPO and the equity shares of the company got listed on NSE SME.
The company raised ₹ 55.62 crore from the book-building issue which was entirely a fresh issue of 54 lakh equity shares. Bhadora Industries IPO price band was set at ₹ 103 per share.
Bhadora Industries IPO was subscribed 96% in total. The public issue was booked 98% in the individual investors category, 68% in the Qualified Institutional Bidders (QIB) segment, and 1.28 times in the Non-Institutional Investors (NII) category.
Unistone Capital Pvt Ltd is the book-running lead manager, while MUFG Intime India Private Limited (Link Intime) is the Bhadora Industries IPO registrar.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
12 minutes ago
- Hindustan Times
ED freezes ₹110 crore linked to illegal betting platform Parimatch
MUMBAI: The Mumbai unit of the Enforcement Directorate (ED) has frozen ₹110 crore lying in mule bank accounts in connection with a money-laundering probe into Cyprus-based illegal betting platform Parimatch. The action followed coordinated searches at 17 locations across the country on Tuesday, including Mumbai, Surat, Delhi, Noida, Kanpur, Madurai and Hyderabad. ED freezes ₹ 110 crore linked to illegal betting platform Parimatch The platform, owned by a Ukrainian national abroad, allegedly amassed nearly ₹3,000 crore from Indian users in 2023-24 alone, luring them with promises of high returns before defrauding them, ED officials said on Thursday. According to investigators, the frozen funds—proceeds of crime—were parked in multiple mule accounts used to layer and divert money to various recipients. Searches also led to the seizure of incriminating documents, digital devices and 1,200 credit cards linked to mule accounts. Complex laundering network The ED's probe, based on a complaint by the cyber police station in Mumbai, has uncovered a multi-layered laundering operation. In south India, user deposits were allegedly funnelled into mule accounts and withdrawn in cash in parts of Tamil Nadu, before being handed to hawala operators. These operators then recharged virtual wallets of a UK-based firm, which were used to buy USDT cryptocurrency in mule accounts run by Parimatch agents. In western India, Parimatch allegedly used Domestic Money Transfer agents to collect betting funds in mule accounts and channel them back through credit card transactions. Investigators have also flagged payment companies whose Payment Aggregator licence applications were rejected by the Reserve Bank of India. These firms allegedly provided backend services to Parimatch disguised as Technology Service Providers (TSPs), offering Application Programming Interface (API) access to integrate mule accounts—often opened in the names of e-commerce and payment service firms—into the platform. The funds were then 'masked' as e-commerce refunds, vendor payments and other routine expenses to obscure their origin and movement, officials said. Aggressive promotion in India To attract customers, Parimatch invested heavily in marketing, sponsoring sports tournaments and tying up with celebrities. Indian-registered entities—'Parimatch Sports' and 'Parimatch News'—were allegedly used for surrogate advertising, funded through foreign remittances. A city - based businessman, who is the complainant in the Mumbai police's case, alleged that he had lost around ₹12.22 crore at the accused illegal platform and its allied applications due to their 'non adherence to fairplay'. The businessman claimed he got attracted to the accused gaming platform's claims related to high returns, sometime in 2021, after noticing its advertisements and celebrity endorsements for it on a social media platform. 'All of us who have lost any money on the accused platform should be compensated,' the complainant told HT.
Time of India
an hour ago
- Time of India
Vizhinjam port to introduce new mooring system for safer and faster ship docking
T hiruvananthapuram: Vizhinjam port is set to introduce a dynamic mooring system known as shore tension system to prevent ships from being caught in surges and sway while docked. A port official stated that the machinery would arrive from the Netherlands in a few days and would be deployed within a month. "The company that brings and installs the machinery will train staff here to handle it," the official said. The system will automatically adjust the tension of the mooring lines used to tie ships to the berth, counteracting the pressure from waves and surges. It also reduces stress on the mooring lines connected to the ships. Mediterranean Shipping Company (MSC), whose ships predominantly use the port, had recommended the system. This will mark the first installation of such a facility in an Indian port. The shore tension system will also aid in speeding up the loading and unloading of containers and reduce the turnaround time of ships. "As unloading of containers is carried out in a semi-automated manner, the stability of the ships is important," the official added. The port will also be able to accommodate more ships as they can be berthed closer than usual and unloading operations need not be delayed during rough seas or strong winds. The introduction of the modern technology will also facilitate faster movement of containers when exim operations (international trade) commence by the end of the year. Sources said that initially the shore tension system would be trialled for the exim operations. Currently, ships are tied manually using heavy ropes to the mooring points in the berth. The machine-assisted system will maintain the ropes' integrity and prevent snapping under pressure, ensuring safety. As of last month, the port has handled over 392 ships, including 23 ultra-large container vessels and has handled 8.36 lakh containers. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !
India Today
2 hours ago
- India Today
The India-US Tariff War Nobody Saw Coming... But Should Have In Our Defence S3
India's buying cheap Russian oil. Trump's not happy. And now he's slapped 50% tariffs on Indian goods. Officially, it's about funding Russia's war machine. Unofficially? It might be about one man's ego, a Nobel Peace Prize dream, and India refusing to play along. From the MEA's unusually sharp statement to the PM's vow to "pay any price to protect farmers," we unpack the real stakes amid the India-US showdown over tariffs. - Is India's "multi-alignment" foreign policy reaching breaking point? - Why agriculture is a red line in India-US trade talks. - How diplomats handle unpredictable leaders like Donald Trump. - The shift in India's diplomatic tone - and why a career diplomat as EAM matters. - Will India hit back with counter-tariffs or play the long game? Veteran national security journalist Sandeep Unnithan joins host Dev Goswami to decode this latest round of diplomatic warfare -- from South Block's air-conditioned strategy rooms to the high-stakes oil politics of Moscow and Washington. Produced by Garvit Srivastava Sound mixed by Rohan Bharti
