Mumbai-based Vidya Wires is set to open its IPO for subscription on Wednesday, December 3, 2025. The company aims to raise ₹274 crore through the public issue, marking a significant step for expansion and operational growth.
The IPO comprises:
- Fresh issue of shares worth ₹274 crore
- Offer-for-sale of 50.01 lakh shares, estimated at ₹26 crore
The issue price band is fixed at ₹48 to ₹52 per equity share, with a lot size of 288 shares. Shares will be available in multiples of 288 thereafter, making it accessible for retail investors.
Purpose of the IPO
The funds from the fresh issue are intended to strengthen Vidya Wires’ financial position and support ongoing projects:
- Finance capital expenditure for new projects under subsidiary ALCU
- Debt repayment to improve balance sheet stability
- Remaining funds for general corporate purposes
Company Overview: Vidya Wires Business and Operations
Vidya Wires is one of India’s largest producers of winding and conductive products, catering to essential industries across the country. The company’s offerings include:
- Enameled Wires and Specialized Winding Wires
- Enamelled Copper Rectangular Strips
- Paper Insulated Copper Conductors
- Copper Busbars and Bare Copper Conductors
- PV Ribbon and Aluminium Paper Covered Strips
These products serve a range of applications in:
- Energy generation and transmission
- Electric mobility and clean energy technologies
- Electrical systems and electric motors
- Railways and industrial applications
Vidya Wires operates with a strong distribution and operational network, positioning itself as a key supplier to industries relying on high-quality conductive materials.
IPO Allocation and Listing Details
The IPO has been structured to ensure participation from different investor categories:
- Qualified Institutional Buyers (QIB): up to 50%
- Non-Institutional Investors (NII): minimum 15%
- Retail Investors: minimum 35%
The anchor investor allocation is scheduled a day prior to the IPO opening.
Allotment and listing schedule:
- Basis of allotment: Monday, December 8, 2025
- Refunds: Monday, December 8, 2025
- Demat credit: Tuesday, December 9, 2025
- Listing on BSE and NSE: Wednesday, December 10, 2025
Lead Managers and Registrar
The IPO is managed by:
- Pantomath Capital Advisors Pvt. Ltd.
- IDBI Capital Markets & Securities Ltd.
The registrar for the IPO is MUFG Intime India Pvt. Ltd., ensuring smooth processing of applications, allotment, and share transfers.
Summary
The Vidya Wires IPO provides investors with an opportunity to participate in one of India’s leading producers of conductive and winding products. With a fresh issue for expansion and an offer-for-sale by promoters, the IPO will support capital projects, debt repayment, and general corporate needs.
Listing on BSE and NSE ensures wide market accessibility, while the structured allocation provides avenues for institutional and retail participation. This IPO marks a strategic step in Vidya Wires’ growth story, with a strong operational foundation and expanding market presence.
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