Key Points
- IPO size ₹55.60 crore; issue fully subscribed and listed in Indore on 11 Aug 2025
- Proceeds to fund a 15-acre, state-of-the-art manufacturing facility at Nimrani Industrial Area, ~90 km from Indore
- New plant to produce HT cables up to 33 kV, expanding domestic and export capacity
- Operates under flagship brand Vidhut Cables; products comply with BIS and international standards
- Promoters: Anil Bhadora, Pradeep Bhadora, and Managing Director Shashank Bhadora
- Focus areas: innovation, stringent quality control, customer-centric solutions, and sustainable growth
Indore: Bhadora Industries Limited, among Madhya Pradesh’s largest cable manufacturers, celebrated a successful stock market debut after its fully subscribed ₹55.60 crore IPO. The listing ceremony, hosted at Sheraton Grand, Indore, drew the company’s promoters, industry leaders, and distinguished guests, underscoring strong investor confidence in the Vidhut Cables parent.
Founded and led by Anil Bhadora, Pradeep Bhadora, and Managing Director Shashank Bhadora, the company is known for high-quality industrial cables that meet BIS and international norms. With fresh capital raised, Bhadora Industries will fast-track its expansion blueprint anchored by a 15-acre advanced manufacturing complex at the Nimrani Industrial Area, around 90 km from Indore.
The upcoming facility will focus on High Tension (HT) cables up to 33 kV an upgrade that materially lifts production capacity and widens the company’s product portfolio for utilities, infrastructure projects, and industrial clients. The expansion is designed to serve both domestic demand and export opportunities as India’s power and infrastructure investment cycle accelerates.
“Today’s listing is a proud and historic moment for Bhadora Industries,” said Managing Director Shashank Bhadora. “We are grateful to our investors for their trust. With the new facility, we aim to strengthen market leadership, introduce advanced product lines, and contribute to India’s growing infrastructure and power sectors.”
Over the years, Bhadora Industries has built a reputation for innovation, rigorous quality control, and customer satisfaction under the Vidhut Cables brand. The public listing signals the start of its next growth chapter scaling capacity, deepening R&D, and enhancing sustainability across manufacturing.
