The Vidya Wires IPO opened for subscription on December 3, 2025, with a price band of ₹48–₹52 per share, aiming to raise ₹300 crore. It will close on December 5, 2025, and list on NSE & BSE on December 10, 2025.
Key IPO Details
- Company: Vidya Wires Ltd.
- Industry: Winding & conductive products (used in energy, electrical systems, clean energy, EVs, railways).
- Issue Size: ₹300.01 crore
- Fresh issue: ₹274 crore (5.27 crore shares)
- Offer for sale: ₹26.01 crore (0.50 crore shares)
- Price Band: ₹48 – ₹52 per share
- Face Value: ₹1 per share
- Lot Size: 288 shares (minimum investment ~₹14,976 at upper band)
- Subscription Window: Dec 3 – Dec 5, 2025
- Allotment Date: Dec 8, 2025
- Listing Date: Dec 10, 2025 (NSE & BSE)
Grey Market Premium (GMP)
- GMP reported around ₹5 per share, indicating a ~9–10% premium over issue price.
- Expected listing price: ~₹57 per share (vs. ₹52 upper band).
Business Overview
- Products: Enamelled wires, copper rectangular strips, paper-insulated copper conductors, copper busbars, bare copper conductors, PV ribbons, aluminium paper-covered strips.
- Applications: Energy generation & transmission, electrical systems, clean energy, electric mobility, railways.
- Strengths: Diversified product portfolio, demand from EV & renewable energy sectors.
Summary:
The Vidya Wires IPO is positioned as a mid-sized industrial IPO with strong sectoral tailwinds (EVs, clean energy, railways). With a modest GMP premium and diversified product base, it may attract investors looking for long-term growth in India’s electrification and infrastructure sectors.
