Bhadora Industries Ltd. has announced public offering of 5400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 93.00 per share. The gross proceeds of the issue are expected to be Rs 5,562.00 lakhs.
The company's initial public offer (IPO) will open on 04 August 2025 and is expected to close on 06 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 97.00-103.00 per share.
The IPO includes a fresh Issue of 5400000 Equity Shares of the Company at an price of Rs 103.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Bhadora Industries Ltd. anticipates using the proceeds of the issue for .
Unistone Capital Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.