Bhadora Industries IPO Subscribed 0.94x on Final Day, Reflecting Cautious Investor Sentiment

Bhadora Industries Limited's initial public offering (IPO) has demonstrated measured investor interest through its third and final day of subscription, with Bhadora Industries' stock price set at ₹97-103 per share, reflecting cautious market reception. The ₹55.62 crore IPO reached 0.94 times by 4:24:02 PM on day three, indicating reserved investor interest in this industrial cables manufacturer incorporated in 1986.

Bhadora Industries IPO non-institutional investors segment leads with modest 1.28 times subscription, whilst individual investors demonstrate limited participation at 0.93 times and qualified institutional buyers show cautious interest at 0.68 times, whilst market makers and anchor investors show complete participation at 1.00 times each, reflecting measured investor confidence in this company.

Bhadora Industries IPO subscription reached a modest 0.94 times on day three, led by Non-Institutional Investors (1.28x), Individual Investors (0.93x), and QIB (0.68x). Total applications reached 792.

Subscription Status of Bhadora Industries IPO:

Here are the subscription details for Bhadora Industries IPO as of Day 3 (August 6, 2025, 4:24:02 PM):

Key Highlights - Day 3:

• Overall subscription reached modest 0.94 times, a substantial improvement from day two's 0.12 times.
• sNII category demonstrating reasonable performance at 1.49 times, building dramatically from day two's 0.10 times.
• bNII segment displaying limited participation at 1.18 times, building substantially from day two's 0.06 times.
• Individual investors showing gradual improvement at 0.93 times, building from day two's 0.21 times.
• QIB segment displaying cautious participation at 0.68 times, building from day two's nil participation.
• Total applications reached 792, indicating very limited investor participation for this SME IPO.
• Cumulative bid amount reached ₹34.72 crores against the issue size of ₹55.62 crores.

Bhadora Industries IPO - Day 2 Subscription at 0.12 Times

Key Highlights - Day 2:

• Overall subscription reaching weak 0.12 times, showing marginal decline from day one's 0.13 times.
• Individual investors demonstrating limited improvement at 0.21 times, building from day one's 0.09 times.
• sNII category showing modest interest at 0.10 times, building from day one's 0.07 times.
• Non-institutional investors showing declining participation at 0.08 times, dropping from day one's 0.38 times.
• bNII segment showing weak interest at 0.06 times, declining from day one's 0.53 times.
• QIB segment displaying no participation at 0.00 times, unchanged from day one.

Bhadora Industries IPO - Day 1 Subscription at 0.13 Times

Key Highlights - Day 1:

• Overall subscription opening weakly at 0.13 times, showing very cautious initial investor interest.
• bNII category showing modest participation at 0.53 times, indicating limited larger HNI interest.
• Non-institutional investors displaying limited interest at 0.38 times, showing reserved HNI approach.
• Individual investors showing minimal participation at 0.09 times, indicating very tentative retail sentiment.
• sNII segment displaying minimal interest at 0.07 times, showing very cautious smaller HNI sentiment.
• QIB segment displaying no participation at 0.00 times, showing complete institutional reservation.

About Bhadora Industries Limited

Incorporated in April 1986, Bhadora Industries Limited manufactures industrial cables for efficient electricity transmission and distribution under the brand name "Vidhut Cables," serving government discoms and EPC companies across various industrial sectors.