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Bhadora Industries IPO vs Mahendra Realtors IPO

Comparison between Bhadora Industries IPO and Mahendra Realtors IPO.

IPO Details

Bhadora Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Mahendra Realtors IPO is a SME Bookbuilding proposed to list at NSE SME.

 Bhadora Industries IPOMahendra Realtors IPO
LogoBhadora Industries IPO LogoMahendra Realtors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Bhadora Industries IPO is up to ₹52.80 Cr whereas the issue size of the Mahendra Realtors IPO is up to ₹46.97 Cr. The final issue price of Bhadora Industries IPO is ₹103.00 per share and of Mahendra Realtors IPO is ₹85.00 per share.

 Bhadora Industries IPOMahendra Realtors IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹97.00 per share₹75.00 per share
Issue Price (Upper)₹103.00 per share₹85.00 per share
Issue Price (Final)₹103.00 per share₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size51,26,400 shares44,35,200 shares
Fresh Issue Size (Amount)up to ₹52.80 Crup to ₹37.70 Cr
OFS Issue Size0 shares10,91,200 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.28 Cr
Issue Size Total51,26,400 shares55,26,400 shares
Issue Size Total (Amount)up to ₹52.80 Crup to ₹46.97 Cr

IPO Timetable

Bhadora Industries IPO opens on Aug 04, 2025, while Mahendra Realtors IPO opens on Aug 12, 2025. The closing date of Bhadora Industries IPO and Mahendra Realtors IPO is Aug 06, 2025, and Aug 14, 2025, respectively.

 Bhadora Industries IPOMahendra Realtors IPO
Anchor Bid DateAug 01, 2025
Issue OpenAug 04, 2025Aug 12, 2025
Issue CloseAug 06, 2025Aug 14, 2025
Basis Of Allotment (Tentative)Aug 07, 2025Aug 18, 2025
Initiation of Refunds (Tentative)Aug 08, 2025Aug 19, 2025
Credit of Share (Tentative)Aug 08, 2025Aug 19, 2025
Listing date (Tentative)Aug 11, 2025Aug 20, 2025
Anchor Lockin End date 1Sep 06, 2025
Anchor Lockin End date 2Nov 05, 2025

Financials & KPIs

Bhadora Industries IPO P/E ratio is 12.6, as compared to Mahendra Realtors IPO P/E ratio of 9.94.

 Bhadora Industries IPOMahendra Realtors IPO
FinancialsEBITDAEBITDA
Promoter Shareholding (Pre-Issue)92.42100
Promoter Shareholding (Post-Issue)65.5973.68
P/E Ratio12.69.94
Market Cap₹191.58 Cr.₹187.88 Cr.
ROE51.51%23.43%
ROCE42.41%30.56 %
Debt/Equity0.940.22
EPS₹8.17₹8.55
RoNW51.51%23.43%

Shares Offered

In the Bhadora Industries IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Mahendra Realtors IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,22,400 shares in Bhadora Industries IPO and 56,000 shares in Mahendra Realtors IPO.

 Bhadora Industries IPOMahendra Realtors IPO
Anchor Investor Reserveration15,31,200 shares
Market Maker Reserveration2,73,600 shares2,91,200 shares
QIB10,22,400 shares56,000 shares
NII7,77,600 shares27,08,800 shares
RII17,95,200 shares27,61,600 shares
Employee0 shares0 shares
Others
Total51,26,400 shares55,26,400 shares

Bids Received (Subscription)

Bhadora Industries IPO subscribed 0.96x in total, whereas Mahendra Realtors IPO subscribed 25.15x.

 Bhadora Industries IPOMahendra Realtors IPO
QIB (times)0.68x43.57x
NII (times)1.28x27.02x
Big NII (times)1.18x30.46x
Small NII (times)1.49x20.15x
RII (times)0.98x25.59x
Employee (times)
Other (times)
Total (times)0.96x25.15x