Vidya Wires IPO

Vidya Wires IPO

Listed

MainboardOpens 3 December 2025Closes 5 December 2025

Vidya Wires Limited, established in 1981, manufactures winding and conductivity products crucial for sectors like energy generation and transmission, clean energy (PV ribbons), electric mobility, and railways. The…

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Live GMPSubscriptionAllotment
Price band
₹48 - ₹52
Issue size
₹300.01 Cr
Lot size
288 shares
Type
Mainboard
GMP
₹3 (+5.8%)
Est. listing
₹55
Est. profit / app
₹864
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹1
EPS
2.27
P/E ratio
22.94
RoNW
24.57%
ROE
24.57%
Debt / Equity
0.88
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Timeline

  1. IPO Opens

    3 Dec 2025

  2. IPO Closes

    5 Dec 2025

  3. Allotment

    8 Dec 2025

  4. Listing

    10 Dec 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date3 December 2025
IPO Close Date5 December 2025
Allotment Date8 December 2025
Listing Date10 December 2025

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,976
Retail (Max)Just less than ₹2,00,000
13₹1,94,688
SHNI (Min)Just above ₹2,00,000
14₹2,09,664
SHNI (Max)Below ₹10,00,000
66₹9,88,416
BHNIAbove ₹10,00,000
67₹10,03,392

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Funding capital expenditure requirements for setting up new project in the subsidiary viz. ALCU (₹140.00 Cr).
  • Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company (₹100.00 Cr).
  • General corporate purposes.

Strengths

  • The company is among the top 5 manufacturers in its industry in India, holding a 5.7% market share in FY25.
  • It has a de-risked business model with a wide customer base (no single customer contributes more than 9% of revenue) and diversification across domestic and international markets.
  • The product portfolio is diversified (enameled wires, busbars, PV ribbons), catering to high-growth sectors like clean energy and electric mobility.
  • The company has a strategic CapEx Plan allocating ₹140 Cr for a major capacity expansion, nearly doubling its current capacity.
  • It has UL-certified facilities and is a pre-approved supplier to Power Grid Corporation of India Limited, signifying high quality and reliability.

Weaknesses

  • The business is vulnerable to copper price volatility and foreign exchange fluctuations, as copper is the primary raw material.
  • The PAT margin is low (2.74% in FY25), suggesting thin pricing power in a commodity-driven market.
  • The company has a high debt-to-equity ratio of 0.88, although the IPO aims to repay a significant portion of its borrowings.
  • Operations are working capital intensive due to high inventory costs and long production cycles.
  • The IPO is priced aggressively compared to its computed P/E based on historical performance.
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Financial Performance

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)376.93331.33247.84209.08
Revenue (₹ Cr.)413.091,491.451,188.491,015.72
PAT (₹ Cr.)12.0640.8725.6821.53
Net Worth (₹ Cr.)178.37166.36125.54100.11

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Vidya Wires6.6222.9424.57%178.37
Precision Wires6.9941.5516.82%576
Ram Ratna Wires5.6438.2714.03%488

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0.51x1.39x5.45x
NII3.71x10.8x55.94x
S-HNI3.17x14.57x65.5x
B-HNI3.97x8.91x51.16x
RII4.43x12.45x29.98x
Total3.16x8.94x28.53x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB1,15,38,6626,29,24,832327.21
NII86,53,99648,40,92,0002,517.28
Small NII28,84,66518,89,47,008982.52
Big NII57,69,33129,51,44,9921,534.75
RII2,01,92,65860,53,37,6963,147.76
Total4,03,85,3161,15,23,54,5285,992.24
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Company Details

  • Vidya Wires Ltd.
  • 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 Details

Frequently Asked Questions

When does the Vidya Wires IPO open and close?
Vidya Wires IPO opens for subscription on 3rd December 2025 and closes on 5th December 2025. Apply within this window through your broker or ASBA-enabled bank.
What is the Vidya Wires IPO price band and market lot?
The price band for Vidya Wires IPO is ₹48.00–₹52.00 per share. The market lot is 288 shares, so the minimum retail investment at the upper band is ₹14,976.
How are shares reserved in the Vidya Wires IPO?
The offer structure allocates up to 50% to QIBs, at least 35% to Retail investors, and at least 15% to NIIs, subject to the final net offer split.
How can I apply for the Vidya Wires IPO?
Apply via your broker's online IPO application (ASBA) or through your bank's ASBA facility. Ensure your PAN and Demat account are active and linked before submitting the application.
When will allotment and listing take place for Vidya Wires IPO?
Tentative dates are: Basis of Allotment - 8th Dec 2025; Refunds & Demat Credit - 9th Dec 2025; Listing on BSE & NSE - 10th Dec 2025. Verify final dates via the registrar or exchanges after allotment.
What is GMP and should I rely on it for Vidya Wires listing expectations?
GMP (Grey Market Premium) is an unofficial demand indicator in the grey market. It is not regulated and should only be used as one of several signals—cross-check with subscription levels, fundamentals and peer valuation.
What financial metrics should I review before applying to Vidya Wires IPO?
Review revenue growth, PAT, EBITDA, net worth, borrowings, capacity utilisation and customer concentration. Also consider planned capex and how IPO proceeds will be used.
Is Vidya Wires IPO suitable for retail investors?
Vidya Wires is a leading wire/strip manufacturer with steady growth, but IPO investing carries risks. Retail investors should weigh liquidity, holding horizon and risk tolerance and consider consulting a financial advisor.

Vidya Wires IPO News & Updates

Follow the latest updates for Vidya Wires IPO, including grey market moves and allotment news.

Vidya Wires IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Vidya Wires IPO Details

Issue size, price, financials, and company info

Vidya Wires IPO GMP

Live grey market premium and listing estimate

Vidya Wires IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Vidya Wires IPO Allotment

Allotment date, chances, and check by PAN

Vidya Wires IPO Review

SWOT, strengths, risks, and IPO review

Vidya Wires IPO FAQ

Common questions on dates, GMP, and allotment

Vidya Wires IPO Registrar

Registrar website and how to check allotment

Vidya Wires IPO Timeline

Open, close, allotment, and listing dates

Vidya Wires IPO News

Updates, blogs, and latest IPO news

Sources

We match Vidya Wires IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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