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Vidya Wires IPO
Vidya Wires will launch its book build issue of ₹300.01 crores on December 3, 2025. The Vidya Wires IPO will be a combination of fresh issue of 5.27 crore shares aggregating to ₹274.00 crores and offer for sale of 0.50 crore shares aggregating to ₹26.01 crores.
The Vidya Wires IPO will be listed on both BSE and NSE with a tentative listing date of December 10, 2025. The issue will close on December 5, 2025. MUFG Intime India Pvt. Ltd. is the registrar of the issue; Pantomath Capital Advisors Pvt. Ltd. is the book running lead manager.
Company Background
Formerly known as Vidya Wires Private Limited, Vidya Wires Limited was incorporated in 1981. The company specializes in the manufacture of aluminum and copper wires. Headquartered in Anand, the company also deals in manufacturing winding and conductivity products for various industries, including conductors, busbars, specialized winding wires, PV ribbons, precision-engineered wires, copper strips and aluminum paper-covered strips.
The company’s products are widely used in critical applications such as electrical systems, electric mobility, railways, energy generation and clean energy, offering conductivity, durability and thermal efficiency for high-performance, reliable operations.
Vidya Wires Limited has expanded its manufacturing capacity to 19,680 MT per annum and plans to increase it to 37,680 MT per annum with an additional 18,000 MTPA units in Narsanda, Gujarat.
Operations And Product Range
Vidya Wires Limited specializes in the production of enameled copper and aluminium winding wires, paper-insulated conductors, copper busbars, PV ribbons, solar cables, copper rectangular strips and aluminium conductors. The company manufactures more than 8,000 SKUs, with products ranging from 0.07 mm to 25 mm that cater to different industrial needs such as electrical systems, railways, electric mobility, clean energy and industrial manufacturing.
Revenue Channels
Vidya Wires Limited generates revenue through both international and domestic sales, serving more than 370 customers, including over 40 international clients across 20 countries on five continents.
The company’s primary revenue comes from the western zone of India, especially Gujarat and Maharashtra, which together account for over 70% of its total sales. Vidya Wires Limited has a diversified customer base, including OEMs in power, electrical, automotive and engineering sectors, ensuring stable and recurring revenue streams.
Management And Shareholding
The company promoters include Shyamsundar Rathi, Shailesh Rathi and Shilpa Rathi.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Vidya Wires IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Vidya Wires IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 3, 2025 to December 5, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹48 to ₹52 per share |
| Lot Size | 288 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 5,76,93,307 shares (aggregating up to ₹300.01 Cr) |
| Reserved for Market Maker | 5,26,92,307 shares (aggregating up to ₹274.00 Cr) |
| Net Offered to Public | 50,01,000 shares of ₹1 (aggregating up to ₹26.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 16,00,00,000 shares |
| Share Holding Post Issue | 21,26,92,307 shares |
Vidya Wires IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| Tentative Allotment | December 8, 2025 |
| Initiation of Refunds | December 9, 2025 |
| Credit of Shares to Demat | December 9, 2025 |
| Tentative Listing Date | December 10, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Friday, December 5, 2025 |
Vidya Wires IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 288 | ₹14,976 |
| Individual investors (Retail) (Max) | 13 | 3,744 | ₹1,94,688 |
| S-HNI (Min) | 14 | 4,032 | ₹2,09,664 |
| S-HNI (Max) | 66 | 19,008 | ₹9,88,416 |
| B-HNI (Min) | 67 | 19,296 | ₹10,03,392 |
Vidya Wires IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 99.91% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Leading manufacturer in India’s winding wire industry
- • Diversified product portfolio with over 8,000 SKUs
- • Strong presence in the renewable energy and electric mobility sectors
- • Backward-integrated manufacturing for quality and cost control
- • Extensive domestic and international customer base
- • Strategic manufacturing location in Gujarat
- • Experienced management and promoter-led shareholding
Vidya Wires IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 376.93 | 413.09 | 12.06 | 178.37 | - | 162.75 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 331.33 | 1,491.45 | 40.87 | 166.36 | - | 145.63 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 247.84 | 1,188.49 | 25.68 | 125.54 | - | 109.71 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 209.08 | 1,015.72 | 21.53 | 100.11 | - | 97.11 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.57% |
| ROCE | 19.72% |
| Debt/Equity | 0.88 |
| RoNW | 24.57% |
| PAT Margin | 2.74% |
| EBITDA Margin | 4.32% |
| Price to Book Value | 6.62 |
| Market Capitalization | ₹1,106.00 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.55 | 2.27 |
| P/E (x) | 20.36 | 22.94 |
Vidya Wires IPO Objectives
The company proposes to utilize ₹140 crores for funding capital expenditure requirements for setting up a new project in the subsidiary, viz. ALCU, ₹100 crores for the repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company and general corporate purposes.
Conclusion
Vidya Wires will launch its book build issue of ₹300.01 crores on December 3, 2025. The Vidya Wires IPO will be a combination of fresh issue of 5.27 crore shares aggregating to ₹274.00 crores and offer for sale of 0.50 crore shares aggregating to ₹26.01 crores.
The Vidya Wires IPO will be listed on both BSE and NSE with a tentative listing date of December 10, 2025. The issue will close on December 5, 2025.
Formerly known as Vidya Wires Private Limited, Vidya Wires Limited was incorporated in 1981. The company specializes in the manufacture of aluminum and copper wires. Headquartered in Anand, the company also deals in manufacturing winding and conductivity products for various industries, including conductors, busbars, specialized winding wires, PV ribbons, precision-engineered wires, copper strips and aluminum paper-covered strips.
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Frequently Asked Questions (FAQs)
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Q1: When does the Vidya Wires IPO open and close?
The Vidya Wires IPO opens for subscription for the general public on December 3, 2025 and closes on December 5, 2025
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Q2: What is the total size of the Vidya Wires IPO?
The Vidya Wires IPO will be a combination of fresh issue of 5.27 crore shares aggregating to ₹274.00 crores and offer for sale of 0.50 crore shares aggregating to ₹26.01 crores.
-
Q3: Where will the Vidya Wires IPO be listed?
The Vidya Wires IPO will be listed on both BSE and NSE with a tentative listing date of December 10, 2025.
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Q4: What are the primary objectives for Vidya Wires IPO proceeds?
The company proposes to utilize ₹140 crores for funding capital expenditure requirements for setting up a new project in the subsidiary, viz. ALCU, ₹100 crores for the repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company and general corporate purposes.
