Support and Resistance Levels
Past performance
About Bhadora Industries Ltd Bhadora Industries Limited, originally established as a partnership firm in 1986 and subsequently converted into a private limited company in 2013, operates as a public limited company since August 2024. Headquartered in Madhya Pradesh, the company is engaged in the manufacturing of industrial cables under its brand name, 'Vidhut Cables,' catering to the electricity transmission and distribution needs of government discoms and EPC companies within the industrial sector.
The company began with the production of Polyvinyl Chloride (PVC) cables in 1988 and gradually expanded its product portfolio to include Low Voltage (LV) cables, LT Aerial Bunched Cables, and Cross-Linked Polyethylene (XLPE) cables. Products such as XLPE cables and AB cables, launched in 2007, address specific demands in electricity transmission, ranging from low-voltage distribution to high-performance cables for overhead power lines.
Bhadora Industries holds ISO certifications for its quality, environmental, and occupational safety management systems, such as ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. The company’s adherence to global quality standards reflects its commitment to robust product performance, safety, and environmentally sustainable practices. Its certification portfolio contributes to its credibility as a key supplier in the industrial electrification sphere.
To further its growth, Bhadora Industries plans an Initial Public Offering (IPO) comprising 5.4 million equity shares of ₹10 each, aiming to attract investment to sustain and expand its business operations. This planned IPO presents a potential opportunity for investors in a company positioned within the critical infrastructure sector of industrial electrification.