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15 Days Price Change

Bhadora Industries IPO

Closing In

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Profile
Issue Size 39.85 Cr
Profile
Price Range 97  to  103 per share
Profile
Min Investment ₹103
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are engaged in the business of manufacturing industrial cables which provide efficient electricity transmission and distribution solutions to the government discoms and EPC companies which cater to the diverse electrical connectivity needs of various industrial sectors. We operate under the brand name of "Vidhut Cables". With over three decades of experience in the cable industry, we have consistently evolved to meet the dynamic requirements of the industry. We started with production of Polyvinyl Chloride (PVC) cables, and we later expanded our range to include Low Voltage (LV) cables, LT Aerial Bunched Cables, Cross-Linked Polyethylene (XLPE) cables. These products are designed for specific functions in electricity transmission and distribution. Each product serves a specific function in electricity transmission, from reliable power distribution in low voltage applications to high-performance cables used in overhead power lines. We ensure all our cables meet industry standards for safety and performance, while also staying aligned with the technology and requirements of the sector. Read More

Basic Info

Face Value 10 per share

Price 97  to  103 per share

P/E (x) 12.6

Sales( Cr.) 110

PAT( Cr.) 11

EPS 8.2

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Shashank Bhadora Pradeep Bhadora Anil Bhadora

Pre Issue Share Holding 95.24%

Post Issue Share Holding 65.59%

Listing Details:

Listing Price: 101

Listing Gain: -1.98%

Current Price: 69.1

Gain On Issue: 69.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 04, 2025
Closing Date Aug 06, 2025
Allotment Aug 07, 2025
Refund Aug 08, 2025
Delivery of Shares Aug 08, 2025
Listing Date Aug 11, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2400 247,200
Retail (Max) -- -- --
S-HNI (Min) 1 2400 247,200
S-HNI (Max) 4 9600 988,800
B-HNI (Min) 5 12000 1,236,000

Objective of the Issue

1. Part finance the cost of establishing new manufacturing facility to expand our production capabilities of industrial cables and conductors at Plot Nos. 188/1, Village Panwa Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (“Proposed new facility”) 2. Funding working capital requirements of our Company 3. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 696000 0x
NII 0 1270800 0x
Retail 0 1756800 0x
EMP 0 0 0x
Total 0 3723600 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Bhadora Industries Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 15 18 81 110
Other Income 1 0 2 1
Total Income 15 19 83 111
Total Expenditure 14 17 74 93
Operating Profit 1 1 9 18
Interest 1 1 2 3
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax -0 0 7 14
Provision for Tax 0 0 2 4
Profit After Tax -0 0 5 11
Adjustments 0 0 0 0
Profit After Adjustments -0 0 5 11
Adjusted Earnings Per Share -0 0.1 3.8 8.2

Bhadora Industries Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 5 10 21
Minority's Interest 0 0 0 0
Borrowings 3 4 1 5
Other Non-Current Liabilities 0 0 1 1
Total Current Liabilities 9 11 14 22
Total Liabilities 17 20 26 49
Fixed Assets 2 2 2 9
Other Non-Current Assets 1 2 1 1
Total Current Assets 15 17 23 39
Total Assets 17 20 26 49

Bhadora Industries Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0
Cash Flow from Operating Activities 1 1 3 2
Cash Flow from Investing Activities -1 1 -0 -7
Cash Flow from Financing Activities 0 -2 -2 7
Net Cash Inflow / Outflow 0 -0 0 2
Closing Cash & Cash Equivalent 1 0 0 3

Bhadora Industries Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.04 0.14 3.75 8.17
CEPS(Rs) 0.13 0.3 3.94 8.43
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 3.8 3.94 7.69 15.87
Core EBITDA Margin(%) 4.61 6.12 8.72 15.5
EBIT Margin(%) 6.83 6.92 10.72 15.72
Pre Tax Margin(%) -0.21 1.23 8.22 13.14
PAT Margin (%) -0.39 0.98 6.09 9.8
Cash Profit Margin (%) 1.16 2.17 6.39 10.11
ROA(%) -0.33 0.97 21.55 28.91
ROE(%) -1.14 3.53 64.54 69.38
ROCE(%) 6.11 8.07 49.94 57.48
Receivable days 59.61 69.28 37.7 56.3
Inventory Days 215.56 179.7 39.97 30.01
Payable days 14.7 54.87 24.2 19.14
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.77 0.55 0.12 0.24
EV/Core EBITDA(x) 9.21 6.79 1.08 1.5
Net Sales Growth(%) 0 26.32 341.39 35.28
EBIT Growth(%) 0 27.91 583.96 98.38
PAT Growth(%) 0 416.67 2645.26 117.69
EPS Growth(%) 0 416.44 2646.09 117.69
Debt/Equity(x) 2.25 1.95 0.93 0.94
Current Ratio(x) 1.66 1.59 1.62 1.77
Quick Ratio(x) 0.71 0.7 1.03 1.33
Interest Cover(x) 0.97 1.22 4.29 6.1
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 36% 94% 0% 0%
Operating Profit CAGR 100% 162% 0% 0%
PAT CAGR 120% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 69% 46% 34% 34%
ROCE Average 57% 38% 30% 30%

Company Contact Information

Bhadora Industries Ltd.

Archana Khare

+91-70000 61995

cs@vidhutcables.com

Clifton Corporate Park - 9th Floor 903 Near B P K Titanium, A B Road, Sector C, Slice 5 Part I I, Shalimar Township

IPO Lead Manager(s)

Bhadora Industries Ltd.

Unistone Capital Pvt Ltd.

Registrar Info

Bhadora Industries Ltd.

MUFG Intime India Pvt Ltd.

Narang Tower 44, Community Centre, Naraina Industrial Area Phase - 1, New Delhi - 110 028

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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