Latest news with #BhadoraIndustries
Business Standard
11-08-2025
- Business
- Business Standard
NSE SME Bhadora Industries starts with a faint current on listing day
Shares of Bhadora Industries was trading at Rs 106.05 on the NSE, a premium of 2.96% compared with the issue price of Rs 103. The scrip was listed at Rs 101, a discount of 1.94% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 106.05 and a low of Rs 101. About 15.65 lakh shares of the company changed hands at the counter. Bhadora Industries's IPO was subscribed 96.25%. The issue opened for bidding on 4 August 2025 and it closed on 6 August 2025. The price band of the IPO was set at Rs 97 to 103 per share. The IPO comprised fresh issue of 54,00,000 shares. The company intends to utilize the net proceeds for part finance the cost of establishing new manufacturing facility to expand its production capabilities of cables at Khargone in Madhya Pradesh; funding the working capital requirements of the company; and for general corporate purposes. Ahead of the IPO, Bhadora Industries on 1 August 2025, raised Rs 15.77 crore from anchor investors. The board allotted 15.31 lakh shares at Rs 103 per share to 11 anchor investor. Bhadora Industries manufactures industrial cables under the "Vidhut Cables" brand, catering to government DISCOMs and EPC companies across diverse industrial sectors. Initially focused on Polyvinyl Chloride (PVC) cables, the company has since expanded its product line to include Low Voltage (LV) cables, LT Aerial Bunched Cables, and Cross-Linked Polyethylene (XLPE) cables, each tailored for efficient electricity transmission, from low voltage distribution to high-performance overhead lines. Upholding strict safety and performance standards, Bhadora's manufacturing facility is equipped with an in-house testing lab that ensures consistent quality control while staying aligned with evolving industry demands. As of 30 June 2025, the company had 87 employees. The company recorded revenue from operations of Rs 110.11 crore and net profit of Rs 10.78 crore for the period ended 31 March 2025.
Mint
11-08-2025
- Business
- Mint
Bhadora Industries share price lists with 2% discount at ₹101 on NSE SME
Bhadora Industries share price made a weak debut in the Indian stock market today. The stock was listed on Tuesday at ₹ 101 apiece on NSE SME, a discount of 1.94% to its issue price of ₹ 103.00 per share. 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.
Mint
11-08-2025
- Business
- Mint
Bhadora Industries share price lists with 2% discount at ₹101 on NSE SME
Bhadora Industries share price made a weak debut in the Indian stock market today. The stock was listed on Tuesday at ₹ 101 apiece on NSE SME, a discount of 1.94% to its issue price of ₹ 103.00 per share. 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. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
11-08-2025
- Business
- Economic Times
Bhadora Industries IPO to debut today. Check GMP ahead of debut
Bhadora Industries will list on NSE SME platform after its IPO. The IPO comprised a fresh issue of 54 lakh equity shares. Bhadora Industries, an industrial cable manufacturer, is set to list on the NSE SME platform on Monday with a muted market sentiment, as indicated by a grey market premium of zero. The IPO, comprising 54 lakh equity shares, saw a subscription of 0.96 times. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Industrial cable maker Bhadora Industries is set to list on the NSE SME platform on Monday after its IPO. Market chatter ahead of the debut remains subdued, with the grey market premium (GMP) holding at zero, suggesting that the stock may list close to its issue price of Rs 103 per bookbuilding IPO, which opened on August 4 and closed on August 6, comprised a fresh issue of 54 lakh equity offering saw lukewarm investor interest, closing with an overall subscription of 0.96 times. Retail investors bid for 0.98 times their quota, while non-institutional investors (NII) subscribed 1.28 times. The qualified institutional buyer (QIB) category lagged, managing only 0.68 times Industries manufactures industrial cables under the 'Vidhut Cables' brand, catering to government electricity boards, EPC contractors, and industrial customers across several Indian product range includes PVC low-voltage cables, LT aerial bunched cables, and XLPE cables, with a manufacturing facility in Tikamgarh, Madhya the company has reported a decent growth trajectory. Revenue rose 33% to Rs 110.69 crore in FY25 from Rs 83.27 crore in FY24, while profit after tax more than doubled to Rs 10.79 crore from Rs 4.96 from the IPO will be deployed towards setting up a new manufacturing facility in Khargone, Madhya Pradesh (Rs 22.32 crore), funding working capital needs (Rs 20 crore), and for general corporate GMP offering no indication of a listing pop and subscription numbers reflecting tepid demand, market participants will closely watch Monday's debut to gauge institutional appetite and post-listing momentum.
Time of India
11-08-2025
- Business
- Time of India
Bhadora Industries IPO to debut today. Check GMP ahead of debut
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Industrial cable maker Bhadora Industries is set to list on the NSE SME platform on Monday after its IPO. Market chatter ahead of the debut remains subdued, with the grey market premium (GMP) holding at zero, suggesting that the stock may list close to its issue price of Rs 103 per bookbuilding IPO, which opened on August 4 and closed on August 6, comprised a fresh issue of 54 lakh equity offering saw lukewarm investor interest, closing with an overall subscription of 0.96 times. Retail investors bid for 0.98 times their quota, while non-institutional investors (NII) subscribed 1.28 times. The qualified institutional buyer (QIB) category lagged, managing only 0.68 times Industries manufactures industrial cables under the 'Vidhut Cables' brand, catering to government electricity boards, EPC contractors, and industrial customers across several Indian product range includes PVC low-voltage cables, LT aerial bunched cables, and XLPE cables, with a manufacturing facility in Tikamgarh, Madhya the company has reported a decent growth trajectory. Revenue rose 33% to Rs 110.69 crore in FY25 from Rs 83.27 crore in FY24, while profit after tax more than doubled to Rs 10.79 crore from Rs 4.96 from the IPO will be deployed towards setting up a new manufacturing facility in Khargone, Madhya Pradesh (Rs 22.32 crore), funding working capital needs (Rs 20 crore), and for general corporate GMP offering no indication of a listing pop and subscription numbers reflecting tepid demand, market participants will closely watch Monday's debut to gauge institutional appetite and post-listing momentum.
