Bhadora Industries has opened its Initial Public Offering (IPO) worth INR 55.62 crore. The offering is entirely a fresh issue comprising 54 lakh equity shares. The capital will be utilised for setting up a new manufacturing unit, meet working capital requirements, and cover general corporate expenses.
Aug 04, 2025
Bhadora Industries has opened its Initial Public Offering (IPO) worth INR 55.62 crore. The offering is entirely a fresh issue comprising 54 lakh equity shares, with all proceeds going directly to the company. The capital raised will support the setup of a new manufacturing unit, meet working capital requirements, and cover general corporate expenses.
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The IPO is priced in the range of INR 97 to INR 103 per share, with a minimum application size of 1,200 shares per lot.
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Operating under the brand ‘Vidhut Cables,’ Bhadora Industries manufactures industrial cables designed for efficient power transmission and distribution. Its key customers include government discoms and EPC contractors serving various industrial sectors.
