Vidya Wires IPO
Open MainLineCurrent GMP
₹3 (+5.77%)
Price Band
₹ 48 – 52
Lot Size
288
Issue Size
₹300.01 Cr
Minimum Investment
₹14976 (288 Shares)
Listing Date
10 December 2025
Subscription
26.59x
About the Company
Vidya Wires Limited, incorporated in 1981, is a leading manufacturer of high-performance copper and aluminum winding and conductivity products. The company supplies precision-engineered wires and conductors used in critical applications across energy generation, electrical systems, electric mobility, railways, and clean energy sectors. Its products are known for their high conductivity, durability, and thermal efficiency, supporting reliable operations in mission-critical environments.
Vidya Wires currently operates with a manufacturing capacity of 19,680 MT per annum, and has announced plans to expand this capacity to 37,680 MT per annum by adding a new 18,000 MTPA facility at Narsanda, Gujarat.
The company offers a diverse portfolio of 8,000+ SKUs, ranging from 0.07 mm to 25 mm, and intends to broaden its product range by introducing copper foils, solar cables, and aluminum winding wires.
Product Portfolio
- Enameled Copper Winding Wires
- Enameled Copper Rectangular Strips
- Fibreglass-Covered Copper/Aluminium Conductors
- Paper-Insulated Copper/Aluminium Conductors (Rectangular & Round)
- Twin/Triple Bunched Paper-Insulated Copper Strips
- Cotton-Covered Ropes
- PV Ribbon
- PV Bus Bar
- Copper Busbar
As of November 14, 2025, Vidya Wires Limited employed 139 permanent employees and engaged over 394 contract labourers across its operations.
Promoters
- Shyamsundar Rathi
- Shailesh Rathi
- Shilpa Rathi
Promoters Holding
Holding Pre Issue
99.91%
Holding Post Issue
0.00%
Objects of the Issue
The Vidya Wires IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirements for setting up new project in our subsidiary viz. ALCU
- Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company
- General corporate purposes
Address / Contact Info
Vidya Wires Limited
Plot No 8/1-2. GIDC,
Opposite SLS Industries,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 74340 38300
Email: cs@vidyawire.com
Website: http://www.vidyawire.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 03 December 2025
IPO Close Date
Friday, 05 December 2025
Basis of Allotment
Monday, 08 December 2025
Initiation of Refunds
Tuesday, 09 December 2025
Credit of Shares to Demat
Tuesday, 09 December 2025
Listing Date
Wednesday, 10 December 2025 — NSE & BSE
Important Dates
Open Date
03 December 2025
Close Date
05 December 2025
Basis Of Allotment
08 December 2025
Listing Date
10 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 376.93 | 331.33 | 247.84 | 209.08 |
| Revenue | 413.09 | 1491.45 | 1188.49 | 1015.72 |
| Profit After Tax | 12.06 | 40.87 | 25.68 | 21.53 |
| Net Worth | 178.37 | 166.36 | 125.54 | 100.11 |
| Reserve & Surplus | 162.37 | 150.36 | 121.54 | 95.86 |
| Total Borrowings | 162.75 | 145.63 | 109.71 | 97.11 |
EPS Pre
2.55%
EPS Post
2.27%
P/E Pre
20.36
P/E (Post Issue)
22.94x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 24.57 | 20.47 | 21.48 |
| ROCE % | 19.72 | 18.25 | 16.87 |
| Debt / Equity | 0.88 | 0.87 | 0.97 |
| RoNW % | 24.57 | 20.47 | 21.48 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 2.74 | 2.16 | 2.12 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 12291842 | 28.37 | 0 |
| Non-Institutional | 9312650 | 21.49 | 0 |
| BNII | 6208434 | 14.33 | 0 |
| SNII | 3104216 | 7.16 | 0 |
| Retail Investors | 21729517 | 50.14 | 0 |
| Total | 43334009 | 100 | 0 |
Subscription Status ( Fri, 05 Dec 25 01:45 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 12291842 | 62924832 | 5.12x |
| Non-Institutional | 9312650 | 484092000 | 51.98x |
| BNII | 6208434 | 295144992 | 47.54x |
| SNII | 3104216 | 188947008 | 60.87x |
| Retail Investors | 21729517 | 605338272 | 27.86x |
| Total | 43334009 | 1152355104 | 26.59x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vidya Wires Limited | 1 | 0.00 | 2.55 | 2.55 | 24.57 | 10.40 |
| Precision Wires India Ltd | 1 | 53.45 | 5.04 | 5.04 | 15.63 | 32.25 |
| Ram Ratna Wires Ltd | 5 | 42.19 | 15.04 | 15.04 | 14.39 | 110.74 |
| Apar Industries Ltd | 10 | 44.36 | 204.47 | 204.47 | 18.24 | 1121.17 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 288 | 14,976.00 |
| Retail (Max) | 13 | 3,744 | 194,688.00 |
| S-HNI (Min) | 14 | 4,032 | 209,664.00 |
| S-HNI (Max) | 66 | 19,008 | 988,416.00 |
| B-HNI (Min) | 67 | 19,296 | 1,003,392.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Pantomath Capital Advisors Pvt Ltd
- Idbi Capital Market Services Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vidya Wires IPO is a Book-building IPO worth ₹300.01 crores. The price band is ₹48 to 52 per share. The IPO opens on Wed, Dec 3, 2025 and closes on Fri, Dec 5, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Vidya Wires IPO opens on Wed, Dec 3, 2025 and closes on Fri, Dec 5, 2025
Vidya Wires IPO Price Band is ₹48 to 52.
Vidya Wires IPO lot size is 288, and the minimum amount required for application is ₹14976.
The minimum investment for Vidya Wires IPO is approximately ₹14976 based on the upper price band.
To apply for the Vidya Wires IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Dec 5, 2025. After submission, funds are blocked until the basis of allotment of Vidya Wires IPO is finalised.
Vidya Wires IPO issue size is ₹300.01 crores.
Vidya Wires IPO allotment date is Sat, Jun 27, 2026.
The registrar for Vidya Wires IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Vidya Wires IPO through their official website or helpline.
The Vidya Wires IPO GMP (Grey Market Premium) is ₹3 as of Wed, Dec 10, 2025. Based on the upper price band of ₹52 per share, the estimated Vidya Wires IPO listing price is ₹55, indicating a potential listing gain of approximately 31% over the issue price.