The Vidya Wires IPO is expected to hit the market in 2025, and investors are keenly watching the company’s performance due to its steady financial growth. The IPO will open on 3 December 2025 and close on 5 December 2025. This is a Bookbuilding Issue through which the company plans to raise around ₹300.01 crores, including a fresh issue of ₹274 crores and an offer for sale (OFS) of up to 50,01,000 equity shares.
The IPO price band is set at ₹48 to ₹52 per share. Vidya Wires IPO will list on BSE and NSE on 2025, while the allotment will be finalised on 2025.
Vidya Wires has shown consistent progress, with revenue rising from ₹1,015.72 crores in 2023 to ₹1,188.49 crores in 2024, and profits increasing from ₹21.53 crores to ₹25.68 crores during the same period. Looking at its financials, long-term investors may find the business attractive.
Contents
Vidya Wires IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 3 December 2025 |
| IPO Close Date | 5 December 2025 |
| Face Value | ₹1 per equity share |
| IPO Price Band | ₹48 to ₹52 per share |
| Issue Size | Approx ₹300.01 crores |
| Fresh Issue | Approx ₹274 crores |
| Offer for Sale | Approx 50,01,000 equity shares |
| Issue Type | Bookbuilding Issue |
| Listing | BSE, NSE |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Vidya Wires IPO
Open: 3-5 Dec
Issue Size: ₹300.01 Cr.
Objective: New project funding, repaying old bank loans, and general work.
Exchange: BSE NSE
Vidya Wires IPO GMP Today
Vidya Wires IPO GMP has begun showing activity in the grey market as the company prepares to open its ₹300.01 crore Mainboard IPO on 3 December 2025. The price band is set at ₹48–₹52, and the market lot is 288 shares, making it suitable for both retail and small-size investors.
As per the latest grey market trend, the Vidya Wires IPO GMP has corrected from its recent high of ₹10 on 29 November to ₹6 over the last three trading days. It clearly shows a downward pattern, with the GMP falling consistently from 1 December to 4 December, reflecting a gain of 11.54% at the ₹6 level, compared to 19.23% when the GMP was at ₹10.
This steady decline indicates cautious sentiment among grey market participants. While a GMP of ₹6 still suggests a mild premium over the issue price, the weakening trend highlights that investors are waiting for subscription figures and market cues before showing stronger confidence.
Vidya Wires IPO Latest News
The Vidya Wires IPO is in its final subscription day today, 5 December 2025, after opening on 3 December. The price band is ₹48–₹52, and the minimum lot size is 288 shares, requiring an investment of ₹14,976 at the upper band. The IPO aims to raise ₹300.01 crore, including a fresh issue of ₹274 crore and an OFS of ₹26.01 crore.
As of December 4, the IPO is subscribed 2.41 times overall. The retail category leads at 3.5x, followed by NII at 1.8x and QIB at 1.1x. In the grey market, Vidya Wires is commanding a GMP of ₹5, signalling an estimated listing price of ~₹57.
The basis of allotment will be finalised on 8 December, while refunds and Demat credits will be completed by 9 December. The stock is set to list on BSE and NSE on 10 December. Investors can check allotment status via Link Intime, KFin Tech, or the BSE IPO page.
Vidya Wires plans to utilise the IPO proceeds for debt repayment (₹75–85 crore), capex (₹120–140 crore), and working capital (₹35–50 crore). The expansion includes upgrading automation, boosting R&D, and increasing capacity for copper and specialty wires.
For FY25, the company reported strong segment performance:
- Power & transmission: ₹714.3 crore (highest)
- Electrical: ₹429.2 crore
- General engineering: ₹151.6 crore
- Renewables, EV & automotive: ₹141.3 crore
However, risks remain due to dependence on copper and aluminium, supply chain challenges, and competition from low-cost manufacturers.
Vidya Wires IPO Allotment Status: Check on BSE, NSE & MUFG Intime
Step-wise: How to check allotment on BSE
- Go to the BSE IPO allotment page (use BSE’s “IPO status / application check” section).
- Under Issue Type select Equity.
- Under Issue Name choose Vidya Wires Ltd.
- Choose either Application Number or PAN as your search option.
- Enter the chosen value and type the captcha shown.
- Click Search. The result will show whether shares were allotted and how many.
Step-wise: How to check allotment on NSE
- Open the NSE IPO allotment page (look for “Equity & SME IPO bid details”).
- From the IPO drop-down select Vidya Wires Ltd.
- Enter your PAN and Application Number.
- Complete the captcha and click Submit / Search.
- The page will display your application details and allotment status.
Step-wise: How to check allotment on MUFG Intime (registrar)
- Visit MUFG Intime’s public issues / IPO allotment page.
- Find and click on Vidya Wires Limited in the list of issues.
- Pick a search method: Application Number, DP/Client ID, or PAN.
- Enter the selected details exactly as in your IPO form.
- Click Submit to view a detailed allotment result for your application.
Checklist before you start:
- PAN card number.
- IPO application number.
- DP ID / Client ID (for registrar search).
- Browser that supports captcha.
- Perform the search after the allotment date (8 December 2025) for accurate results.
Vidya Wires IPO Review
The Vidya Wires IPO is live now and open for subscription untill December 5, 2025. The price band and allotment details have made the issue popular among investors, and the allotment will be finalised soon after the closing date. Market sentiment is positive, and the IPO is seeing steady interest in early discussions.
Vidya Wires is known for making copper and aluminium wires used in power systems, EV components, and clean-energy industries. These sectors are growing fast in India, which adds strength to the company’s outlook.
Vidya Wires IPO Market Lot
The minimum market lot for the Vidya Wires IPO is 288 shares, requiring an application amount of ₹14,976. Retail investors can apply for up to 13 lots, totaling 3,744 shares worth ₹1,94,688 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 288 | ₹14,976 |
| Retail Maximum | 13 | 3,744 | ₹1,94,688 |
| S-HNI Minimum | 14 | 4,032 | ₹2,09,664 |
| S-HNI Maximum | 66 | 19,008 | ₹9,88,416 |
| B-HNI Minimum | 67 | 19,296 | ₹10,03,392 |
IPO Reservation
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex-Anchor) | – Shares | 50% |
| NII | – Shares | 15% |
| Retail | – Shares | 35% |
Vidya Wires IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | – Shares |
| Anchor Size | – Cr. |
| Lock-in End Date (50% – 30 Days) | 2025 |
| Lock-in End Date (50% – 90 Days) | 2025 |
Vidya Wires IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| IPO Listing Date | 2025 |
| Bidding Cut-off Time | 2025 – 5 PM |
Promoters & Shareholding
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 16,00,00,000 | 99.91% |
| Promoter Holding Post Issue | – | –% |
Promoters: Shyamsundar Rathi, Shailesh Rathi, and Shilpa Rathi.
Objects of the Issue
The funds raised from the fresh issue will be primarily used to support the capital expenditure required for setting up a new project under the company’s subsidiary, ALCU. A part of the proceeds will also go towards repayment or prepayment of certain outstanding borrowings, thereby strengthening the balance sheet.
The remaining amount will be used for general corporate purposes, which may include working capital, business expansion, and strengthening operational efficiency.
- Also Read: Anantam Highways InvIT IPO
About Vidya Wires Limited
Established in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminium wires, serving a wide range of conductivity and winding applications. The company produces over 6,400 variants, including precision-engineered wires, busbars, conductors, copper strips, winding wires, PV ribbons and aluminium paper-covered strips.
Its products are widely used in essential sectors like electrical systems, renewable energy, EV mobility, railways, and energy generation. With 133 permanent employees and over 385 contract labourers, the company continues to scale its operations. Vidya Wires is also planning to expand its portfolio with copper foils, solar cables, and aluminium winding wires.
Vidya Wires IPO Financial Report (₹ in crores)
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | ₹916.98 | ₹890.57 | ₹19.74 | ₹210.75 |
| 2023 | ₹1,015.72 | ₹986.67 | ₹21.53 | ₹209.08 |
| 2024 | ₹1,188.49 | ₹1,154.17 | ₹25.68 | ₹247.84 |
| September 2024 | ₹755.61 | ₹732.93 | ₹17.44 | ₹327.66 |
Vidya Wires IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | 20.47% |
| ROCE | 18.25% |
| EBITDA Margin | 3.84% |
| PAT Margin | 2.16% |
| Debt-to-Equity Ratio | 0.87 |
| EPS (Basic) | ₹1.61 |
| P/E Ratio | N/A |
| RoNW | 20.47% |
| NAV | ₹7.85 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Precision Wires India Ltd | 4.08 | 38.68 | 14.39% | 28.35 | ₹3,301.69 Cr |
| Ram Ratna Wires Ltd | 11.88 | 44.85 | 12.64% | 98.20 | ₹2,983.25 Cr |
IPO Lead Managers
• Pantomath Capital Advisors Pvt. Ltd.
• IDBI Capital Markets Services Ltd.
Company Address
Vidya Wires Ltd.
Plot No 8/1-2, GIDC,
Opp. SLS Industries,
Vithal Udyognagar,
Anand, Gujarat – 388121
Phone: +91 74340 38300
Email: cs@vidyawire.com
Website: www.vidyawire.com
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: vidyawires.ipo@linkintime.co.in
Website: in.mpms.mufg.com/Initial_Offer/public-issues.html
Vidya Wires IPO FAQs
What is Vidya Wires IPO?
Vidya Wires IPO is a Mainboard IPO through which the company plans to raise ₹300.01 crores. The price band for the issue is set between ₹48 and ₹52 per equity share. The IPO will be listed on both BSE and NSE.
When will the Vidya Wires IPO open for subscription?
The IPO is scheduled to open in 2025 and will close on 2025 for QIB, NII, and Retail investors.
What is the Vidya Wires IPO allotment date?
The allotment for Vidya Wires IPO will be finalised on 2025.
What is the Vidya Wires IPO listing date?
Vidya Wires IPO will list on BSE and NSE on 2025.
What is the Vidya Wires IPO listing date?
Vidya Wires IPO will list on BSE and NSE on 2025.
What is the Vidya Wires IPO price band?
The IPO price band has been fixed at ₹48 to ₹52.per share.
What is the Vidya Wires IPO lot size?
Retail investors can apply for a minimum of 288 shares (1 lot) with an investment amount of ₹14,976. The maximum retail investment is up to 13 lots, i.e. 3,744 shares worth ₹1,94,688 amount.
What is the Vidya Wires IPO issue size?
The total issue size is approximately ₹300.01 crores.
How much of the issue is reserved for each investor category?
The allocation for QIB is 50%, Retail is 35%, and NII (HNI) is 15%.
How to apply for the Vidya Wires IPO?
You can apply through ASBA using your bank account, or apply via UPI through your stockbroker or any supported online investing platform. Offline applications can also be submitted through your broker.
Where can I check Vidya Wires IPO allotment status?
The allotment status can be checked on the registrar’s website once the allotment is finalised.
What are the objects of the Vidya Wires IPO
The funds will be used for capital expenditure for their subsidiary ALCU, repayment or prepayment of borrowings, and general corporate purposes.
Vidya Wires a good company to invest in?
Vidya Wires has a strong track record in manufacturing copper and aluminium winding products and supplies to high-growth sectors such as EV mobility, power systems, and renewable energy. Investors may consider the IPO for the long term, depending on valuation and personal risk appetite.
Expert Comment
Vidya Wires operates in a sector that directly benefits from India’s manufacturing growth, EV adoption, renewable energy expansion, and rising power infrastructure requirements. Its consistent financial performance and diverse product portfolio give it a stable foundation.
While margins remain moderate, the company’s planned expansion into higher-value products could unlock better profitability in the future. Investors may consider this IPO from a long-term perspective, provided the final valuation remains reasonable at the time of issue.
