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 current subscription status of Bhadora Industries Limited IPO?

Bhadora Industries Limited IPO has received a total subscription of 0.96 times overall.

IPO GreyPremiumLIVE

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

0.96x

Total Demand

QIB Multiplier

0.68x

Institutions & Funds

NII / HNI

1.28x

High Net-Worth

Retail (RII)

0.98x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.96x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,022,400	696,000	0.68x
NIB	777,600	997,200	1.28x
HNIs(10L +)	518,400	612,000	1.18x
HNIs (2-10L)	259,200	385,200	1.49x
RETAIL	1,795,200	1,756,800	0.98x
Total	4,372,800	4,447,200	0.96x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.85x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs (10L+)	144	17	0.12x
HNIs (3-10L)	72	71	0.99x
RETAIL	748	732	0.98x
Total Applications	964	820	0.85x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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?

Currently, Bhadora Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹97 to ₹103 per equity share.

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

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,23,600. Expected listing price is ₹103 per equity share.

What is the issue size and price band for Bhadora Industries Limited IPO?

The Bhadora Industries Limited IPO aggregate issue size is ₹55.62 Crores with an equity price band set at ₹97 to ₹103 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,23,600.

How can I check Bhadora Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.96x (Retail: 0.98x, QIB: 0.68x, NII: 1.28x). You can track live multiples directly on our dedicated subscription page.

Where and when will Bhadora Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-08-07. Investors can verify status using PAN card or application number.

When is the listing date for Bhadora Industries Limited IPO?

Bhadora Industries Limited shares are scheduled to list on NSE on 2025-08-11.