The Bhadora Industries IPO offers investors an opportunity to participate in a leading manufacturer of industrial cables in India, known for the “Vidhut Cables” brand. The IPO will open for subscription from August 4 to August 6, 2025, with a price band of ₹97 – ₹103 per equity share and a face value of ₹10. Founded in 1986 and headquartered in Indore, Madhya Pradesh, the company specializes in producing high-quality PVC, low voltage, LT Aerial Bunched, and XLPE cables. The Bhadora Industries IPO offers exposure to robust growth prospects in industrial electrification backed by experienced promoters, operational excellence, and strong industry demand.
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Expert Opinions
The Bhadora Industries IPO is receiving positive market sentiment due to the company’s solid growth trajectory and established presence in the industrial cable manufacturing sector under the brand “Vidhut Cables.” Founded in 1986, the company has demonstrated robust financial performance with FY 2025 reporting revenue of ₹110.69 crore and net profit of ₹10.79 crore. Key strengths include diverse product offerings such as PVC, XLPE, and Aerial Bunched Cables, along with ISO certifications for quality and environmental management, which reinforce operational excellence.
The firm’s impressive FY 2025 financial ratios include a Return on Equity (ROE) of 51.51%, Return on Capital Employed (ROCE) of 42.41%, and a Net Asset Value (NAV) of ₹15.86, reflecting high profitability and efficient capital use. Risks involve exposure to top customers, raw material price volatility, and supplier dependency. From a long-term investment perspective, the Bhadora Industries IPO offers promising potential to capitalize on India’s expanding infrastructure and electrification needs, suitable for investors with a growth orientation and tolerance for sector-related risks.
Investor Considerations
The Bhadora Industries IPO showcases a company with solid performance and strong fundamentals, reporting revenue of ₹110.69 crore and a net profit of ₹10.79 crore for FY 2025. The company demonstrates a healthy Price to Book Value of 6.49, a PAT margin of 9.80%, and a manageable debt-to-equity ratio of 0.94, indicating a balanced capital structure. Operating in the industrial cable manufacturing sector, the outlook is positive due to rising infrastructure and electrification demand in India. Growth prospects include capacity expansion, new product development, and tapping into growing government and private sector opportunities.
Risks entail raw material price volatility, dependency on key customers, and sector competition. The IPO suits long-term investors aiming for steady capital appreciation in the expanding electrification market, while short-term investors should be mindful of market fluctuations and sector-specific challenges. The Bhadora Industries IPO offers exposure to a niche with robust financials and growth potential.
| Date | GMP | Trend |
|---|---|---|
| 10 Aug 2025 14.57 | ₹00 | --- |
| 09 Aug 2025 12.12 | ₹00 | --- |
| 08 Aug 2025 11.39 | ₹00 | --- |
| 07 Aug 2025 12.35 | ₹00 | --- |
| 06 Aug 2025 10.58 | ₹00 | --- |
| 05 Aug 2025 11.36 | ₹00 | --- |
| 04 Aug 2025 11.50 | ₹00 | --- |
| 02 Aug 2025 20.03 | ₹00 | --- |
| 01 Aug 2025 11.29 | ₹00 | --- |
| 31 Jul 2025 11.46 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Bhadora Industries IPO’s listing performance. With a final GMP of ₹0, it projected no change (0%) over the issue price of ₹103. The stock listed at ₹101, delivering a loss of 1.94%. This resulted in a small prediction error of 1.94%, where the GMP incorrectly signaled a neutral listing and slightly underestimated the actual loss, reflecting fair reliability in this case.
Bhadora Industries IPO Current GMP is ₹00.
Bhadora Industries IPO Expected Returns is 0.00%.
Bhadora Industries IPO estimated listing price is ₹103.