Vidya Wires IPO Details

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Vidya Wires IPO opens for subscription on 03 Dec 2025 and closes on 05 Dec 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 10 Dec 2025.

Vidya Wires IPO price band has been fixed at ₹48 – ₹52 per share.The face value is ₹1 per share with a lot size of 288.

Vidya Wires IPO total issue size comprises 5,76,93,308 shares (aggregating up to ₹300.01 Cr). This includes a fresh issue of 5,26,92,308 shares (aggregating up to ₹274.00 Cr.). Offer for Sale consists of 50,01,000 shares (aggregating up to ₹26.01 Cr.). Pre-issue shareholding stands at 16,00,00,000, which will increase to 21,26,92,307 post-issue.

Vidya Wires IPO carries a ₹3 (5.77%) GMP, reflecting investor sentiment.

Vidya Wires IPO Lot Size : Retail Minimum is 1 lot (288 shares) amounting to ₹14,976. Retail Maximum is 13 lots (3,744 shares) amounting to ₹194,688. SHNI Minimum is 14 lots (4,032 shares) amounting to ₹209,664. SHNI Maximum is 66 lots (19,008 shares) amounting to ₹988,416. BHNI Minimum is 67 lots (19,296 shares) amounting to ₹1,003,392.

The Lead Managers for Vidya Wires IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Pantomath Capital Advisors Pvt Ltd, IDBI Capital Markets Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Vidya Wires Limited RHP.

Vidya Wires IPO Details

Listing Price : ₹52 at Par
Open Date
03 Dec 2025
Close Date
05 Dec 2025
Listing Date
10 Dec 2025
Issue Price
₹48 - ₹52
Face Value
₹1 per share
Lot Size
288
GMP
₹3 (5.77%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
160000000
Share holding post issue
212692307
Total Issue Size
5,76,93,308 shares (aggregating up to ₹300.01 Cr)
Fresh Issue
5,26,92,308 shares (aggregating up to ₹274.00 Cr.)
Offer for Sale
50,01,000 shares (aggregating up to ₹26.01 Cr.)

Vidya Wires IPO Subscription

Vidya Wires IPO Application Wise Breakup (Approx)

Vidya Wires IPO Dates

  • 03 Dec 2025
    Opening dateOpen
  • 05 Dec 2025
    Closing dateClose
  • 08 Dec 2025
    Allotment Date Allotment
  • 09 Dec 2025
    Initiation of RefundsRefund
  • 09 Dec 2025
    Credit of SharesCredit
  • 10 Dec 2025
    Listing dateListing

Vidya Wires IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum1288₹14,976
Retail Maximum133744₹194,688
SHNI Minimum144032₹209,664
SHNI Maximum6619008₹988,416
BHNI Minimum6719296₹1,003,392

Vidya Wires IPO Reservation

Promoter Holding

Pre Issue:99.91%
Post Issue:72.80%
Promoter Names:
Shyamsundar Rathi, Shailesh Rathi, Shilpa Rathi

Vidya Wires IPO Valuations

ROE:20.47%
ROCE:18.25%
DEBT/EQUITY:0.87
RONW:20.47%
PAT MARGIN:2.16%

Vidya Wires Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets376.93331.33247.84209.08
Total Income413.091,491.451,188.491,015.72
Profit After Tax12.0640.8725.6821.53
EBITDA18.6764.2245.5235.84
NET Worth178.37166.36125.54100.11
Reserves and Surplus162.37150.36121.5495.86
Total Borrowing162.75145.63109.7197.11
Amount in ₹ Crore

About Vidya Wires IPO

Founded in 1981, Vidya Wires Limited is engaged in the production of copper and aluminum wires for a wide range of industrial applications.

The company manufactures an extensive portfolio of winding and conductivity products, including precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, PV ribbons, and aluminum paper-covered strips.

These products are used in critical sectors such as energy generation, electrical infrastructure, electric mobility, railways, and clean energy systems, where high conductivity, durability, and thermal efficiency are essential for reliable performance.

Vidya Wires has expanded its manufacturing capacity to 19,680 MT per annum, with plans to increase total capacity to 37,680 MT per annum through the addition of an 18,000 MTPA facility in Narsanda, Gujarat.

The company currently produces over 8,000 SKUs of winding and conductivity products, with sizes ranging from 0.07 mm to 25 mm. It also aims to further broaden its product line by introducing copper foils, solar cables, and aluminum winding wires.

Products:

  • Enameled Copper Winding Wires
  • Enameled Copper Rectangular Strips
  • Fibre Glass Covered Copper/ Aluminium Conductors
  • Paper Insulated Copper Conductors/ 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, the company employed 139 permanent staff members and engaged over 394 contractual workers.

Strength Of Vidya Wires IPO

  • Among the top 5 manufacturers in winding and conductivity products industry in India.
  • De-risked business model with wide customer base, diversified portfolio of products and multiple end-user industries.
  • Backward integration for quality control as well as sustainability initiatives.
  • Our presence in strategically located region.
  • Diversified customer base and with longstanding relationships with customers and suppliers.
  • Continuous financial performance.
  • Experienced professional management team.

Risk Of Vidya Wires IPO

  • The company has been operating for over 4 decades, however, any disruption, breakdown or shutdown of its operating facilities, in future, may have a material adverse effect on the company business, financial condition, results of operations and cash flows.
  • The company is one of the largest manufacturers of winding and conductivity products for a range of critical industries and applications, its operations and performance are dependent on copper based products which constituted over 90% of the company revenues. Any adverse changes in the conditions affecting such products' market or any slowdown in demand of the said products can adversely impact its business, financial condition and results of operations.
  • While the company has longstanding relations with several of its customers and suppliers, it does not have long term agreements for supply of products or raw material with most of them. Failures to successfully continue its supplier /customer relationships could adversely affect the company.
  • The company is dependent on its top 5 suppliers for most of its raw material supplies. Any dispute with such supplier may lead to interruption in the company supplies of raw materials.
  • While its revenues are growing pan-India across 20 states/union territories, however, the company revenue is concentrated in western India. Any slowdown in these states may impact its business.
  • While the company supply to various end-user industries, a significant part of its revenues comes from supplies to power & transmission, general engineering and electrical sector. Any slowdown in these sectors may impact its business.
  • Since the company incorporation in the year 1981, the company has expanded its business, scale of operations and delivered variety of products, creating the company position in the winding and conductivity products. However, the company faces competitive pressures in its business in the future and the company inability to compete effectively would be detrimental to its business and prospects for future growth.
  • The Company and its Promoters are involved in a few litigations. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business, results of operations and financial condition.
  • The company is exposed to foreign currency fluctuation risks, particularly in relation to its import of raw materials and export of products, which may adversely affect the company results of operations, financial condition and cash flows.
  • Significant increases or fluctuations in prices of, or shortages of, or delay or disruption in supply of primary raw materials could affect its estimated costs, expenditures and timelines which may have a material adverse effect on its business, financial condition, results of operations and cash flows.

Objectives Vidya Wires IPO

1. Funding capital expenditure requirements for setting up new projectin the subsidiary viz. ALCU

2. Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company

3. General corporate purposes

Company Contact Details

Vidya Wires Limited

Plot No 8/1-2. GIDC, Opposite SLS Industries,

Vithal Udyognagar, Anand, Gujarat

Phone: +91 74340 38300

Email: cs@vidyawire.com

Website: http://www.vidyawire.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

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