Trending News:Martin Marietta to Acquire Lhoist North America in $13.5 Billion DealOil Prices Ease as US–Iran Talks Show Progress: Is the Middle East Crisis Finally Cooling Down?U.S. Fed July 2026 Meeting Analysis: Interest Rates Unchanged at 3.50%–3.75%TOMI Environmental Solutions Acquires Carbonium Core: Latest News, Deal Details & AnalysisRocket Lab to Acquire Iridium Communications in $8 Billion Deal ExplainedWhy Did the U.S. and Japan Intervene to Support the Yen? Understanding the Coordinated Yen InterventionKorn Ferry–AMS Acquisition Explained: $1.1 Billion HR Industry DealZymeworks to Acquire Theravance Biopharma for $929 Million: A Strategic Move Beyond OncologySamudra Manthan Scheme : India Approves ₹84,084 Crore Offshore Exploration PlanIndian IT Stocks Soar: The Real Reasons Behind the July 2026 RallyUniverse Pharmaceuticals Acquires Best Praise International: Deal Analysis, Benefits & Future GrowthGrowth Doesn’t Solve Every Problem: The Truth Every Investor Should KnowElroy Air SPAC Merger with Columbus Circle Capital: Deal Analysis and Latest NewsON Semiconductor–Synaptics Deal Explained: How the $7 Billion Acquisition Reshapes AI ChipsAtoms Startup Raises $1.7 Billion to Expand AI-Powered Industrial AutomationAdobe Acquires Topaz Labs: Latest News, Deal Analysis & Industry ImpactOnex Acquires AirSprint: Canada’s Largest Private Jet Company Enters a New Growth PhaseLaunch Two and NuCube Energy Merger Explained: $500 Million SPAC Deal AnalysisMerck KGaA to Acquire Bio-Techne in $11.3 Billion Deal: Complete AnalysisColony Bankcorp and First Reliance Bancshares Announce $163 Million MergerAMD–Anthropic Strategic AI Partnership: AMD to Invest Up to $5 Billion in Claude MakerQualcomm–Modular Deal Explained: AI Strategy, Deal Value & Market ImpactEXLService Acquires iMerit: $310 Million Enterprise AI Deal ExplainedRank One Computing to Acquire Zuccaro Technical Consulting: Deal AnalysisChurchill Capital XI–Agility Robotics Merger: $2.5 Billion SPAC Deal ExplainedMSCI Acquires First Street to Expand Climate Risk Analytics CapabilitiesWalmart Acquires Vibe: Retail Giant Expands Its Digital Advertising BusinessBallard Power Systems Acquires GeoPura: Deal Analysis, Strategic Impact & Latest NewsBlackstone Buys Hyatt Regency San Francisco in $279 Million Asset SaleBerry Aviation Asset Sale: Why Bristow Group Is Buying from Acorn CapitalHeartSciences and Fortitude Mining Merger: Latest News, Deal Analysis & Investor InsightsApple and Broadcom Sign $30 Billion Chip Supply Deal: Full AnalysisBoundless Bio and Serapha Bio Merger: $230 Million Reverse Merger ExplainedEnergy Fuels Acquires VAC: $1.9 Billion Rare Earth Magnet Deal ExplainedPublic Storage Canada Acquisition: Deal Details, Strategy & Future GrowthBooz Allen to Acquire Cobham Ultra Asset: Latest News, Company Overview & Detailed AnalysisFirstCash to Acquire Ramsdens: Deal Value, Benefits & Complete Acquisition AnalysisDigital Realty’s $485 Million Columbia Capital Acquisition: Complete Deal BreakdownAbbVie to Acquire Apogee Therapeutics: Latest News, Company Overview & Detailed AnalysisCRH to Acquire Arcosa for $8.5 Billion: Deal Explained and Strategic AnalysisMSC Acquires 49% Stake in Adani’s Vizhinjam Port for $1.4 Billion : Latest News, Analysis & ImpactECARX Acquires Flyme Software Business: Deal Analysis, Strategy & Future ImpactSpaceX to Enter Nasdaq-100: Billions in Passive Investment ExpectedNextpower Zimmermann Acquisition: Expands Solar Portfolio with $378 Million DealGeneral Intuition AI Startup Raises $320 Million in One of the Largest Series A RoundsMDA Space to Acquire Blue Canyon Technologies for $620 Million: Full Deal AnalysisIs Ondas’ Acquisition of Cyberhawk a Game-Changer for AI and Drones?CRED Raises $900 Million from Meta: Full Company Overview and Funding AnalysisHow China’s LineShine Became the World’s Most Powerful SupercomputerWhy Did the Dow Jones Choose Alphabet Over Verizon?Deluxe-Celero Acquisition: A Major Move in the Digital Payments IndustryAccenture Makes a Bold Move in Cybersecurity with Dragos DealMyth: “A Cheap Stock Is a Bargain” – Is a Cheap Stock Really Cheap?Is Biogen’s RayThera Acquisition a Game-Changer for Immunology?Upcoming Dividend Stocks in the Coming Days: Important Information for InvestorsFrom Commands to Conversations: Google’s New Gemini Speaker Changes EverythingHow Will Salesforce Benefit from Buying Fin for $3.6 Billion?Can Barracuda’s New AI Email Protection Make Microsoft 365 Safer?Risk vs Volatility: Why They Are Not the Same in InvestingNuvei Buys Payoneer for $2.75 Billion in Major Fintech DealSpaceX to Acquire Cursor in $60 Billion Deal: A New Era for AI CodingBank of Japan Raises Interest Rates to a 31-Year High: A Major Shift in Japan’s EconomyUS-Iran Peace Deal Boosts Global Markets, Oil Prices Hit Three-Month LowHitachi Energy Invests ₹2,000 Crore to Expand Transformer Manufacturing in IndiaTCS Launches AI Data Innovation Hub with Oracle in KolkataWhy SpaceX’s $75 Billion IPO Is a Game-Changer for the Space EconomyWhy Central Banks Are Buying Gold: The Global Gold Reserve Race ExplainedWhy Strong Earnings Don’t Always Lead to Higher Stock PricesWill Servier’s Massive Edgewise Acquisition Pay Off in the Rare Disease Market?RBI Policy Update: New Tax Benefits and Bond Market Reforms for Foreign InvestorsKuku FM IPO: The Rise of Audio Content and Micro DramasMotorola Acquires D-Fend Solutions to Strengthen Drone SecurityHow Alphabet’s $80 Billion Fundraising Move Affected U.S. MarketsIndian Paint Industry Forecast 2026: Will Rising Oil Prices Slow Growth?LG Energy Solution and DTE’s Giant Battery Project Signals a New Energy Era in the USHero MotoCorp’s New E100 Bike Could Be Bigger Than the EV Revolution — But How?Why Analog Devices Is Buying Empower Semiconductor for $1.5 BillionIBM Quantum Foundry Project: U.S. Bets Big on Future Quantum TechnologyOpenAI Plans Massive IPO as Global AI Boom AcceleratesNASA’s New Mars Thruster: Could Humans Reach Mars Faster in the Future?Googlebook: How Google Is Entering the AI PC Market With Gemini IntelligenceTata Electronics and ASML Team Up to Build India’s Semiconductor FutureSony and TSMC Collaborate on Advanced AI Image Sensors for Future TechnologiesHow Currency Movement Affects Stocks, Companies, and the EconomyCrypto Market Back in Focus as Bitcoin, Ethereum and Altcoins Surge in 2026China Leads the Future of Electric Vehicles and Battery TechnologyLattice Semiconductor’s AMI Deal Signals Big Push Into AI InfrastructureGalaxEye Launches Mission Drishti, India’s First OptoSAR Satellite Takes OffInterest Rate Game: The Hidden Truth Behind the MarketSun Pharma–Organon Acquisition: What It Means for Global Pharma IndustryUAE Exit from OPEC: Will the Global Oil Market Structure Change?Global Banking Giants vs Indian Banks: Who Is Performing Better in 2026?Startup Funding Trends 2026: Slowdown, Stability & What’s NextJapan Opens Defence Export Market: Historic Shift in Global StrategyJio Financial–Allianz Deal: A Deep Dive into India’s Next Big Insurance MoveSuniva’s 4.5 GW Solar Plant Set to Power America’s Clean Energy FutureQXO to Acquire TopBuild in $17 Billion Deal, Creating a Construction Supply GiantFII Selling, DII Support & Oil Shock Amid Market RecoveryIndia’s Credit Growth Boom: Sustainable or a Hidden Risk?USDA’s New Seafood Policy 2026: Big Boost for Fishermen and Exports
Trending News:Martin Marietta to Acquire Lhoist North America in $13.5 Billion DealOil Prices Ease as US–Iran Talks Show Progress: Is the Middle East Crisis Finally Cooling Down?U.S. Fed July 2026 Meeting Analysis: Interest Rates Unchanged at 3.50%–3.75%TOMI Environmental Solutions Acquires Carbonium Core: Latest News, Deal Details & AnalysisRocket Lab to Acquire Iridium Communications in $8 Billion Deal ExplainedWhy Did the U.S. and Japan Intervene to Support the Yen? Understanding the Coordinated Yen InterventionKorn Ferry–AMS Acquisition Explained: $1.1 Billion HR Industry DealZymeworks to Acquire Theravance Biopharma for $929 Million: A Strategic Move Beyond OncologySamudra Manthan Scheme : India Approves ₹84,084 Crore Offshore Exploration PlanIndian IT Stocks Soar: The Real Reasons Behind the July 2026 RallyUniverse Pharmaceuticals Acquires Best Praise International: Deal Analysis, Benefits & Future GrowthGrowth Doesn’t Solve Every Problem: The Truth Every Investor Should KnowElroy Air SPAC Merger with Columbus Circle Capital: Deal Analysis and Latest NewsON Semiconductor–Synaptics Deal Explained: How the $7 Billion Acquisition Reshapes AI ChipsAtoms Startup Raises $1.7 Billion to Expand AI-Powered Industrial AutomationAdobe Acquires Topaz Labs: Latest News, Deal Analysis & Industry ImpactOnex Acquires AirSprint: Canada’s Largest Private Jet Company Enters a New Growth PhaseLaunch Two and NuCube Energy Merger Explained: $500 Million SPAC Deal AnalysisMerck KGaA to Acquire Bio-Techne in $11.3 Billion Deal: Complete AnalysisColony Bankcorp and First Reliance Bancshares Announce $163 Million MergerAMD–Anthropic Strategic AI Partnership: AMD to Invest Up to $5 Billion in Claude MakerQualcomm–Modular Deal Explained: AI Strategy, Deal Value & Market ImpactEXLService Acquires iMerit: $310 Million Enterprise AI Deal ExplainedRank One Computing to Acquire Zuccaro Technical Consulting: Deal AnalysisChurchill Capital XI–Agility Robotics Merger: $2.5 Billion SPAC Deal ExplainedMSCI Acquires First Street to Expand Climate Risk Analytics CapabilitiesWalmart Acquires Vibe: Retail Giant Expands Its Digital Advertising BusinessBallard Power Systems Acquires GeoPura: Deal Analysis, Strategic Impact & Latest NewsBlackstone Buys Hyatt Regency San Francisco in $279 Million Asset SaleBerry Aviation Asset Sale: Why Bristow Group Is Buying from Acorn CapitalHeartSciences and Fortitude Mining Merger: Latest News, Deal Analysis & Investor InsightsApple and Broadcom Sign $30 Billion Chip Supply Deal: Full AnalysisBoundless Bio and Serapha Bio Merger: $230 Million Reverse Merger ExplainedEnergy Fuels Acquires VAC: $1.9 Billion Rare Earth Magnet Deal ExplainedPublic Storage Canada Acquisition: Deal Details, Strategy & Future GrowthBooz Allen to Acquire Cobham Ultra Asset: Latest News, Company Overview & Detailed AnalysisFirstCash to Acquire Ramsdens: Deal Value, Benefits & Complete Acquisition AnalysisDigital Realty’s $485 Million Columbia Capital Acquisition: Complete Deal BreakdownAbbVie to Acquire Apogee Therapeutics: Latest News, Company Overview & Detailed AnalysisCRH to Acquire Arcosa for $8.5 Billion: Deal Explained and Strategic AnalysisMSC Acquires 49% Stake in Adani’s Vizhinjam Port for $1.4 Billion : Latest News, Analysis & ImpactECARX Acquires Flyme Software Business: Deal Analysis, Strategy & Future ImpactSpaceX to Enter Nasdaq-100: Billions in Passive Investment ExpectedNextpower Zimmermann Acquisition: Expands Solar Portfolio with $378 Million DealGeneral Intuition AI Startup Raises $320 Million in One of the Largest Series A RoundsMDA Space to Acquire Blue Canyon Technologies for $620 Million: Full Deal AnalysisIs Ondas’ Acquisition of Cyberhawk a Game-Changer for AI and Drones?CRED Raises $900 Million from Meta: Full Company Overview and Funding AnalysisHow China’s LineShine Became the World’s Most Powerful SupercomputerWhy Did the Dow Jones Choose Alphabet Over Verizon?Deluxe-Celero Acquisition: A Major Move in the Digital Payments IndustryAccenture Makes a Bold Move in Cybersecurity with Dragos DealMyth: “A Cheap Stock Is a Bargain” – Is a Cheap Stock Really Cheap?Is Biogen’s RayThera Acquisition a Game-Changer for Immunology?Upcoming Dividend Stocks in the Coming Days: Important Information for InvestorsFrom Commands to Conversations: Google’s New Gemini Speaker Changes EverythingHow Will Salesforce Benefit from Buying Fin for $3.6 Billion?Can Barracuda’s New AI Email Protection Make Microsoft 365 Safer?Risk vs Volatility: Why They Are Not the Same in InvestingNuvei Buys Payoneer for $2.75 Billion in Major Fintech DealSpaceX to Acquire Cursor in $60 Billion Deal: A New Era for AI CodingBank of Japan Raises Interest Rates to a 31-Year High: A Major Shift in Japan’s EconomyUS-Iran Peace Deal Boosts Global Markets, Oil Prices Hit Three-Month LowHitachi Energy Invests ₹2,000 Crore to Expand Transformer Manufacturing in IndiaTCS Launches AI Data Innovation Hub with Oracle in KolkataWhy SpaceX’s $75 Billion IPO Is a Game-Changer for the Space EconomyWhy Central Banks Are Buying Gold: The Global Gold Reserve Race ExplainedWhy Strong Earnings Don’t Always Lead to Higher Stock PricesWill Servier’s Massive Edgewise Acquisition Pay Off in the Rare Disease Market?RBI Policy Update: New Tax Benefits and Bond Market Reforms for Foreign InvestorsKuku FM IPO: The Rise of Audio Content and Micro DramasMotorola Acquires D-Fend Solutions to Strengthen Drone SecurityHow Alphabet’s $80 Billion Fundraising Move Affected U.S. MarketsIndian Paint Industry Forecast 2026: Will Rising Oil Prices Slow Growth?LG Energy Solution and DTE’s Giant Battery Project Signals a New Energy Era in the USHero MotoCorp’s New E100 Bike Could Be Bigger Than the EV Revolution — But How?Why Analog Devices Is Buying Empower Semiconductor for $1.5 BillionIBM Quantum Foundry Project: U.S. Bets Big on Future Quantum TechnologyOpenAI Plans Massive IPO as Global AI Boom AcceleratesNASA’s New Mars Thruster: Could Humans Reach Mars Faster in the Future?Googlebook: How Google Is Entering the AI PC Market With Gemini IntelligenceTata Electronics and ASML Team Up to Build India’s Semiconductor FutureSony and TSMC Collaborate on Advanced AI Image Sensors for Future TechnologiesHow Currency Movement Affects Stocks, Companies, and the EconomyCrypto Market Back in Focus as Bitcoin, Ethereum and Altcoins Surge in 2026China Leads the Future of Electric Vehicles and Battery TechnologyLattice Semiconductor’s AMI Deal Signals Big Push Into AI InfrastructureGalaxEye Launches Mission Drishti, India’s First OptoSAR Satellite Takes OffInterest Rate Game: The Hidden Truth Behind the MarketSun Pharma–Organon Acquisition: What It Means for Global Pharma IndustryUAE Exit from OPEC: Will the Global Oil Market Structure Change?Global Banking Giants vs Indian Banks: Who Is Performing Better in 2026?Startup Funding Trends 2026: Slowdown, Stability & What’s NextJapan Opens Defence Export Market: Historic Shift in Global StrategyJio Financial–Allianz Deal: A Deep Dive into India’s Next Big Insurance MoveSuniva’s 4.5 GW Solar Plant Set to Power America’s Clean Energy FutureQXO to Acquire TopBuild in $17 Billion Deal, Creating a Construction Supply GiantFII Selling, DII Support & Oil Shock Amid Market RecoveryIndia’s Credit Growth Boom: Sustainable or a Hidden Risk?USDA’s New Seafood Policy 2026: Big Boost for Fishermen and Exports
Bhadora Industries Ltd’s SME IPO opens on 04‑Aug‑2025 and closes on 06‑Aug‑2025, with an issue size of ₹55.62 crore via the fresh issuance of 5.40 million equity shares at a price band of ₹97–₹103 per share. The IPO aims to part‑finance a new manufacturing facility in Khargone (Madhya Pradesh), support working capital, and cover general corporate purposes. Listing is proposed on NSE‑SME.
Bhadora Industries Subscription and GMP Status
Category
Subscription (x)
QIBs
0.00
NIIs
0.45
Retails
0.25
Total
0.20
Last Updated: 6 Aug 2025 Time: 11 AM (Note: This data is updated every 2 hours) Source: NSE/BSE
GMP (₹)
IPO Price (₹)
103
Last Updated: 6 Aug 2025 Time: 11 AM
📌 Note: The above GMP data is unofficial and has been collected from multiple sources including grey market dealers and market observers. It is provided purely for informational and educational purposes. Please consult your financial advisor before making any investment decisions.
IPO Key Date
Core Business & Overview
Established in April 1986, Bhadora Industries Limited (BIL) is an industrial cable manufacturer headquartered in Tikamgarh, Madhya Pradesh, operating under the brand name “Vidhut Cables”.
The company produces a comprehensive portfolio of industrial cables, including PVC, Low‑Voltage (LV), LT Aerial Bunched, and XLPE cables, for use in electricity transmission and distribution across India.
BIL serves government electricity boards and EPC contractors under key schemes like RECPDCL and RDSS, covering operations in 18+ Indian states.
Strengths
Certified Manufacturing & Quality Controls The company holds ISO certifications (ISO 9001, 14001, 45001) and adheres to BIS and NABL testing standards. It maintains in‑house production of high‑purity electrolytic copper and aluminium wire, backed by research & development and advanced testing labs.
Government & Institutional Clientele with Pan‑India Reach The firm is an approved vendor for major state power utilities and has a presence across numerous states, ensuring steady demand from large contracts and established clients.
Potential Risks
Customer & Government Tender Dependency A significant portion of revenues comes from government contracts and the top‑10 customers. Failure to secure tenders or losing a key client could materially impact the company.
Single Manufacturing Facility & Supply‑Base Concentration Operating from one plant at Tikamgarh means production disruptions (e.g. breakdowns or natural hazards) could jeopardize operations. Raw material sourcing is limited to a few suppliers, increasing supply‑chain risk.
Competitive & Pricing Pressures The cable market is fragmented with many moderately sized players. This limits pricing power and can squeeze margins, particularly if raw material costs rise or competition intensifies
Financial Performance Overview (₹ in Crore)
Financial Year
Revenue
Profit (PAT)
Total Assets
FY 2023
₹18.44 Cr
₹0.18 Cr
₹20.13 Cr
FY 2024
₹81.39 Cr
₹4.95 Cr
₹25.87 Cr
FY 2025
₹110.11 Cr
₹10.79 Cr
₹48.76 Cr
Revenue
The company’s revenue rose sharply from ₹18.44 Cr in FY23 to ₹110.11 Cr in FY25, showing rapid business expansion.
This suggests successful acquisition of more government contracts and increased market demand for its cables.
Profitability
Net profit increased from just ₹0.18 Cr in FY23 to ₹10.79 Cr in FY25, a remarkable jump, reflecting improved operational efficiency and better margin control.
PAT margin improved from ~1% in FY23 to nearly 10% in FY25, indicating strong financial health.
Asset Base
Total assets doubled from ₹20.13 Cr to ₹48.76 Cr in just 3 years.
This could be due to capital investment in manufacturing capacity, infrastructure, or working capital.
✅ Pros
Strong revenue and profit growth in the last 3 years.
Certified quality and trusted by government electricity boards.
Expanding manufacturing capacity with IPO funds.
Wide client base across 18+ Indian states.
❌ Cons
Heavy dependence on government contracts and top 10 clients.
Operates from a single plant — risk of operational disruption.
Competitive industry with limited pricing power.
Disclaimer: The above IPO analysis and financial data are based on information provided by the company in its official documents. For complete details, please refer to the Red Herring Prospectus (RHP) linked above. Investors are strongly advised to consult their financial advisor before making any investment decisions.
