What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Bhadora Industries Limited IPO?

Based on the upper price band of ₹103 and current GMP of ₹0, the estimated listing price is ₹103 (approx. 0.0% gain).

What is the expected profit per lot for Bhadora Industries Limited IPO?

With a lot size of 1200 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

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Grey Market Intelligence

Bhadora Industries Limited

ListedSME

Manufacturing / Industrials · NSE

Vidhut Cables, established in April 1986, is based in Tikamgarh, Madhya Pradesh. The company specializes in manufacturing industrial cables designed for efficient electricity transmission and distribution. Their product range includes PVC cables, low voltage cables, LT aerial bunched cables, and XLPE cables. Vidhut Cables operates a BIS-accredited manufacturing facility and holds certifications such as ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety. The company supplies its products to state electricity boards, EPC contractors, and domestic firms, operating across more than 17 states in India, including Maharashtra, Uttar Pradesh, Rajasthan, Delhi, and Telangana. The manufacturing unit spans 15,028 square feet and employs 87 staff members as of December 31, 2024.

Price Band

₹97 – ₹103

Issue Size

₹55.62 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹103

at current GMP

Subscribed

0.96x

overall

Open

4 Aug 2025

6 Aug 2025

Allotment

7 Aug 2025

Refund

8 Aug 2025

Demat Credit

9 Aug 2025

Listing

11 Aug 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Bhadora Industries Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹103

Band: ₹97 – ₹103

Estimated Listing Price

₹103

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,23,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹103
30 Oct 2026	—	0.0%	₹103
29 Oct 2026	—	0.0%	₹103

About Bhadora Industries Limited Public Issue & Market Profile

Bhadora Industries Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrials sector with an aggregate issue size of ₹55.62 Crores. The shares are offered at a price band of ₹97 to ₹103 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-08-06, the basis of allotment is scheduled to be finalized on 2025-08-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Bhadora Industries Limited IPO GMP today?

The latest grey market premium for Bhadora Industries Limited IPO is ₹0, which indicates an expected listing price of ₹103.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.

Bhadora Industries Limited

Bhadora Industries Limited GMP Today

Bhadora Industries Limited GMP Historical Trend

GMP History

Estimated Listing Price

About Bhadora Industries Limited Public Issue & Market Profile

Frequently Asked Questions

What is Bhadora Industries Limited IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?