Vidya Wires IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
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…
Open Date
Wed, 03 Dec 2025
Close Date
Fri, 05 Dec 2025
Price Band
₹ 48 – 52
Lot Size
288
Issue Size
₹ 300.01 Cr
Minimum Investment
₹ 14,976 (288 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Vidya Wires IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹300.01 Crore, comprising a fresh issue of 5.27 Crore equity shares aggregating to ₹274.00 Crore and an offer for sale (OFS) of 50.01 Lakh equity shares aggregating to ₹26.01 Crore by the existing shareholders.
The Vidya Wires IPO remained open for subscription from December 03, 2025, to December 05, 2025. The basis of allotment was finalized on December 08, 2025, and the company's shares were listed on the NSE and BSE on December 10, 2025.
The company had fixed the price band at ₹48 to ₹52 per share, with a lot size of 288 shares. Retail investors were required to make a minimum investment of ₹14,976 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Pantomath Capital Advisors Pvt Ltd, and Idbi Capital Market Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Vidya Wires Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Vidya Wires IPO Timeline (Tentative)
- IPO Open Date
- Wed, 03 Dec 25
- IPO Close Date
- Fri, 05 Dec 25
- Basis of Allotment
- Mon, 08 Dec 25
- Initiation of Refunds
- Tue, 09 Dec 25
- Credit of Shares to Demat
- Tue, 09 Dec 25
- Listing Date
- Wed, 10 Dec 25 — NSE & BSE
Open Date
03 December 2025
Close Date
05 December 2025
Basis Of Allotment
08 December 2025
Listing Date
10 December 2025
IPO Subscription
Check Live Subscription →The Vidya Wires IPO has received bids for 1,15,23,55,104 shares against 4,33,34,009 shares offered, resulting in an overall subscription of 26.59x. the NII category is subscribed 51.98x, Retail Investors 27.86x, and QIBs 5.12x. Within the NII category, BNII is subscribed 47.54x, while SNII is subscribed 60.87x.
QIB
5.12x
NII
51.98x
BNII
47.54x
SNII
60.87x
RII
27.86x
Total
26.59x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 2,17,29,517 shares, representing 50.14% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,22,91,842 shares (28.37%), while Non-Institutional Investors (NIIs) receive 93,12,650 shares (21.49%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 12,291,842 | 28.37% |
| Non-Institutional | 9,312,650 | 21.49% |
| BNII | 6,208,434 | 14.33% |
| SNII | 3,104,216 | 7.16% |
| Retail Investors | 21,729,517 | 50.14% |
| Total | 43,334,009 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Vidya Wires Limited KPI Information
| 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 |
| Pat Margin % | 2.74 | 2.16 | 2.12 |
Peers Comparison
| 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 |
About Vidya Wires Limited
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.
Vidya Wires IPO Promoters
- Shyamsundar Rathi
- Shailesh Rathi
- Shilpa Rathi
Promoters Holding
Holding Pre Issue
99.91%
Holding Post Issue
0.00%
Vidya Wires IPO Objective
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
Vidya Wires Limited Address / Contact Details
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
Vidya Wires IPO Lot Size
The Vidya Wires IPO has a lot size of 288 shares. Retail investors require a minimum investment of ₹14,976 by applying for 1 lot (288 shares). The maximum application allowed for the retail category is 13 lots (3,744 shares), requiring an investment of ₹1,94,688.
| 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 |
Issue Reservation
- QIB — 28.37%
- NII — 21.49%
- RII — 50.14%
Book Running Lead Managers
- Pantomath Capital Advisors Pvt Ltd
- Idbi Capital Market Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Vidya Wires IPO?
Vidya Wires IPO is a Book-building IPO with a total issue size of ₹300.01 crore. The Vidya Wires IPO price band is ₹48 to 52 per share. The Vidya Wires IPO subscription opens on Wed, Dec 3, 2025, and closes on Fri, Dec 5, 2025. The Vidya Wires IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Vidya Wires IPO.
When will the Vidya Wires IPO open for subscription?
The Vidya Wires IPO opens on Wed, Dec 3, 2025 and closes on Fri, Dec 5, 2025
What is Vidya Wires IPO Price Band?
Vidya Wires IPO Price Band is ₹48 to 52 per share.
What is Vidya Wires IPO Lot Size?
Vidya Wires IPO lot size is 288 shares, Retail investors need a minimum investment of ₹14976 based on the upper price band
What is the minimum investment for Vidya Wires IPO?
The minimum investment for Vidya Wires IPO is ₹14976, based on one lot of 288 shares at the upper price band of ₹52 per share.
How to apply for Vidya Wires IPO?
Investors can apply for the Vidya Wires IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Dec 5, 2025. The application amount remains blocked until the Vidya Wires IPO allotment is finalized.
What is Vidya Wires IPO Issue Size?
Vidya Wires IPO issue size is ₹300.01 crores.
What is the Vidya Wires IPO Allotment Date?
Vidya Wires IPO allotment date is Mon, Dec 8, 2025.
Who is the Vidya Wires IPO Registrar?
The registrar for Vidya Wires IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Vidya Wires IPO allotment status, refund processing, and other IPO-related information.
What is the Vidya Wires IPO GMP?
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 5.77% over the issue price.
Who is the Vidya Wires IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vidya Wires IPO are Pantomath Capital Advisors Pvt Ltd, and Idbi Capital Market Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Vidya Wires IPO Red Herring Prospectus (RHP).