Mumbai, Aug. 11 -- The scrip was listed at Rs 101, a discount of 1.94% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 106.05 and a low of Rs 101. About 15.65 lakh shares of the company changed hands at the counter.

Bhadora Industries's IPO was subscribed 96.25%. The issue opened for bidding on 4 August 2025 and it closed on 6 August 2025. The price band of the IPO was set at Rs 97 to 103 per share.

The IPO comprised fresh issue of 54,00,000 shares. The company intends to utilize the net proceeds for part finance the cost of establishing new manufacturing facility to expand its production capabilities of cables at Khargone in Madhya P...