Vidya Wires Limited IPO

Mainboard

Aluminium, Copper & Zinc Products

Listed On: Dec 10, 2025 at ₹ 52.0(NSE)

₹ 14976 /288 Shares

Check Allotment

03 Dec, 2025

Open Date

05 Dec, 2025

Close Date

08 Dec, 2025

Allotment Date

10 Dec, 2025

Listing Date

Price Summary

Last Closing

49.88 (-4.08%)

52 Week High

58.45

52 Week Low

48.65

Last Update

31-Dec-2025 3:30 PM

Expected Premium

+ ₹3-4 (5.77%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Vidya Wires IPO Live Subscription Details

View Subscription Details

QIB 5.45x

Retail 29.98x

NIIs 55.94x

BHNI 51.16x

SHNI 65.50x

Retail 29.98x

Total 28.53x

Last updated: 05 Dec 2025, 05:57 PM

Vidya Wires IPO Issue Details

Issue Price ₹48-52 per equity share
Face Value ₹1 Per Equity Share
Total Issue Size 5,76,93,307 shares(aggregating up to ₹300.01 crore)
Fresh Share 5,26,92,307 shares(aggregating up to ₹274 crore)
Offer For Sale 50,01,000 shares(aggregating up to ₹26.01 crore)
Listing at BSE, NSE
List Price 52.0(NSE)
Listing Date 2025-12-10
Lead Manager Pantomath Capital Advisors Pvt.Ltd
IDBI Capital Markets Services Ltd
Registrar MUFG Intime India Pvt.Ltd

Market Lot Size

Investors can bid for a minimum of 288 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	288	₹14,976
Retail(max)	13	3,744	₹1,94,688
SHNI(min)	14	4,032	₹2,09,664
SHNI(max)	66	19,008	₹9,88,416
BHNI(min)	67	19,296	₹10,03,392

Vidya Wires IPO Reservation

Vidya Wires IPO offers total 57693307 shares. Out of which 11538662 (20%) allocated to QIB, 8653996 (15%) allocated to NII,20192658 (35%) allocated to RII, NA (NA%) allocated to employees and 17307990 (30%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	17307990 (30%)
QIB Shares Offered	11538662 (20%)
NII (HNI) Shares Offered	8653996 (15%)
bNII > ₹10L	5769331 (10%)
sNII < ₹10L	2884665 (5%)
Retail Shares Offered	20192658 (35%)
Total Shares Offered	57693307 (100%)

Vidya Wires IPO Documents

DRHP

RHP

ANCHOR

Vidya Wires IPO Details

Vidya Wires IPO is a book-built issue of ₹300.01 crores, The total issue size is ₹300.01 crores. The IPO of Vidya Wires is priced at ₹48-52 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Dec 3, 2025 and ends on Dec 5, 2025. The allotment for Vidya Wires IPO will be finalized on Dec 8, 2025. Vidya Wires IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 10, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 288 shares, extendable to 14,976. S-HNIs will be able to bid for 4,032 shares at ₹2,09,664, while B-HNIs can also apply for a bid of 19,296 shares at ₹10,03,392. The book-running lead manager for the IPO is/are Pantomath Capital Advisors Pvt.Ltd, IDBI Capital Markets Services Ltd.

The total issue ₹300.01 crore, comprising a fresh issue of 5,26,92,307 shares ₹274 crore and having Offer for Sale (OFS) of 50,01,000 shares to mop up ₹26.01 crore.

The Vidya Wires IPO sets its price band at 48-52 for each share. A single application for Vidya Wires Limited IPO must contain at least 288 shares. Sentiment investors need to invest a minimum of 288 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,976 In order to participate in the sNII, investors must purchase at least 14 lots of 4,032 shares for ₹2,09,664, while the bNII requires 67 lots of 19,296 shares for an investment of ₹10,03,392.

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	1,15,38,662	86,53,996 57,69,331 28,84,665	2,01,92,658	4,03,85,316
Day 1 03-12-25 05:00 PM	0.51 x	3.69 x 3.97 x 3.13 x	4.36 x	3.12 x
Day 2 04-12-25 05:00 PM	1.39 x	10.78 x 8.91 x 14.51 x	12.35 x	8.88 x
Day 3 05-12-25 05:00 PM	5.45 x	55.94 x 51.16 x 65.50 x	29.98 x	28.53 x

Total No of Applications

18,52,524

Subscription on the basis of Applications

Retail:25.57x BHNI:10.07x SHNI:62.42x

Vidya Wires Valuations

EPS Pre IPO ₹2.55/-

EPS Post IPO ₹2.27/-

P/E Pre IPO 20.36

P/E Post IPO 22.94

ROE 24.57%

ROCE 19.72%

Debt/Equity 0.88

RoNW 24.57%

PAT Margin 2.74%

Price to Book Value 6.62

Market Cap. 1106 Cr.

Vidya Wires Company Financials

In Crs.

In Cr.

	30-Jun-25	31-Mar-25	31-Mar-24	31-Mar-23
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
Reserves & Surplus	162.37	150.36	121.54	95.86
Total Borrowing	162.75	145.63	109.71	97.11

About Vidya Wires Company

Incorporated in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminum wires.The company produces a wide range of winding and conductivity products, such as precision-engineered wires, copper strips, conductors, busbars, specialized wires for windings, PV ribbons, and aluminum paper-covered strips.

The products of the company find critical applications in energy generation, electrical systems, electric mobility, railways, and clean energy, offering conductivity, durability, and thermal efficiency for high-performance, reliable operations.

The company has expanded its manufacturing capacity to 19,680 MT per annum and intends to expand it to 37,680 MT per annum by adding an extra 18,000 MTPA units in Narsanda, Gujarat.
The company is a pre-approved supplier to Power Grid Corporation of India and UL-approved for exporting enameled copper/aluminum wire to the USA. Its operations in Anand, Gujarat, benefit from nearby ports for logistics.
The company produces over 6,400 SKUs of winding and conductivity products, ranging from 0.07 mm up to 25 mm, with plans to add new products such as copper foils, solar cables, and aluminum winding wires. The company has 133 permanent employees as of December 31, 2024, besides more than 385 contract labourers.

Vidya Wires - Promoter(s)

Shyamsundar Rathi

Shailesh Rathi

Shilpa Rathi

Pre Issue Share Holding : 99.91%

Post Issue Share Holding : 72.80%

Vidya Wires IPO - Issue Objectives

Funding capital expenditure requirements for setting up new project in their subsidiary viz. ALCU – ₹140 Cr

Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company – ₹100 Cr

General corporate purposes

Vidya Wires IPO - Anchor Investors

Vidya Wires raises about Rs 90 crore from anchor investors ahead of Rs 300 crore IPO.
The anchor book saw 10 institutional investors, with domestic mutual funds taking up 77.78 percent of the overall allocation. Domestic funds invested via seven schemes within three fund houses.
Bandhan Small Cap Fund emerged as the largest anchor investor, getting 46.15 lakh shares, accounting for 26.67 percent of the anchor book. The Bank of India Small Cap Fund was the second-largest recipient, with an allotment of 36.54 lakh shares representing 21.11 percent of the anchor portion.

Other key investors included Bank of India Business Cycle Fund which was allocated 9.61 lakh shares, followed by LIC MF Infrastructure Fund with 16.34 lakh shares, LIC MF Manufacturing Fund, which subscribed to 14.42 lakh shares, and LIC MF Small Cap Fund with 7.69 lakh shares. LIC MF Value Fund got 3.84 lakh shares. Alchemy Emerging Leaders of Tomorrow – Series 2 got 19.23 lakh shares while MAIQ Growth Scheme – Long Only and Maybank Securities got 9.61 lakh shares each.

In all, out of 1.73 crore shares allotted to anchor investors, 1.34 crore shares were given to domestic mutual funds.

Vidya Wires IPO - Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Revenue(in Cr.)
Vidya Wires	N/A	20.3	24.5%	1486
Precision Wires	N/A	53.4	15.6%	4014
Ram Ratna Wires	N/A	42.1	14.3%	3676
Apar Industries	N/A	44.3	18.2%	18581

Strength

Backward Integration for Quality & Supply Control: The company has a backward integration in manufacturing a part of its copper rods from copper cathodes. This would ensure better quality control, consistency in supply, and sustainability. The company manufactures around 35–40% of its requirement internally, strengthening operational reliability.

Strategically Located Manufacturing Facilities: The plant based at Anand in Gujarat enjoys easy access to major seaports, such as Hazira and Mundra, thereby enabling the import of raw materials and export of finished products with minimum delay. This strategic location enhances logistics efficiency by supporting cost-effective distribution.

Experienced Promoters & Skilled Management Team: The business is led by promoters with over 40 years and 20 years of industry experience, respectively, while being ably supported by a strong team of functional managers. Their deep understanding of the industry and strategic leadership has been instrumental in driving growth and expansion.

Weakness

Regulatory Notices Received by the Promoter Group: One of the promoters and some promoter group members have received notices in the past issued under SEBI regulations. While the same was settled, recurrence of such notices or any penalties imposed could have an adverse impact on the company's reputation and stakeholder confidence and, thereby, its financial performance.

Delays in Payment of Statutory Dues: The company has had instances of delays in remitting statutory dues such as provident fund contributions and taxes. Continued non-compliance or delays may lead to penalties, increased scrutiny, and could adversely impact financial health and regulatory standing.

Potential Conflict of Interest from Promoters’ Partnership Firm: Two promoters are partners in Bhagwat Wires Industries, which is a non-operational firm engaged in a similar line of business. In the case of resuming business by this firm or failing to dissolve the same, there would be a potential conflict of interest that may be detrimental to the company’s business, cash flows, and overall performance.

Contact Details

Vidya Wires

Plot No 8/1-2, GIDC, Opposite SLS Industries, Vithal Udyognagar, Anand, Gujarat, 388121

+91 74340 38300

cs@vidyawire.com

http://www.vidyawire.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

vidyawires.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Vidya Wires IPO - FAQs

Ans. Vidya Wires Limited IPO is a Mainboard IPO. The issue is priced at ₹48-52 per equity share. The minimum order quantity is 288 Shares. The IPO opens on Dec 3, 2025, and closes on Dec 5, 2025. MUFG Intime India Pvt.Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Vidya Wires Limited IPO opens on Dec 3, 2025 and closes on Dec 5, 2025.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Vidya Wires Limited IPO is Total 300.01 Cr : #Fresh Issue : 5,26,92,307 shares(aggregating up to ₹274.00 Cr) + #OFS : 50,01,000 shares of ₹1(aggregating up to ₹26.01 Cr).

Ans. The Vidya Wires Limited IPO price band is set between ₹48-52 per equity share.

Ans. To apply for Vidya Wires Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Vidya Wires Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Vidya Wires Limited IPO is Dec 8, 2025.

Ans. The Vidya Wires Limited IPO will be listed on Dec 10, 2025.

Ans. Follow the steps to check the Vidya Wires Limited IPO allotment status online.