Vidya Wires IPO
Vidya Wires IPO is a book-built issue of Rs. 300.01 crore, comprising a fresh issue of 5.27 crore shares (Rs. 274 crore) and an offer for sale of 0.50 crore shares (Rs. 26.01 crore).
The IPO opens on December 3, 2025 and closes on December 5, 2025, with tentative listing on BSE and NSE on December 10, 2025.
🕗 Last Update: 28 November 2025, 6.00 AM
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Vidya Wires IPO Details
| Particulars | Details |
|---|---|
| IPO Date | December 3, 2025 to December 5, 2025 |
| Listing Date | December 10, 2025 (Tentative) |
| Face Value | Rs. 1 per share |
| Issue Price Band | Rs. 48 to Rs. 52 per share |
| Lot Size | 288 Shares |
| Issue Structure | Fresh Issue + Offer for Sale |
| Total Issue Size | 5,76,93,307 shares (Rs. 300.01 Cr) |
| Fresh Issue | 5,26,92,307 shares (Rs. 274 Cr) |
| Offer for Sale | 50,01,000 shares (Rs. 26.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Pre-Issue Share Capital | 16,00,00,000 shares |
| Post-Issue Share Capital | 21,26,92,307 shares |
Vidya Wires IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| NII | Not less than 15% of Net Offer |
Vidya Wires IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | Wed, Dec 3, 2025 |
| IPO Close Date | Fri, Dec 5, 2025 |
| Allotment Finalisation | Mon, Dec 8, 2025 |
| Refund Initiation | Tue, Dec 9, 2025 |
| Shares to Demat | Tue, Dec 9, 2025 |
| Listing Date | Wed, Dec 10, 2025 |
| UPI Cut-off | 5 PM on Fri, Dec 5, 2025 |
Vidya Wires IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 288 | Rs. 14,976 |
| Retail (Max) | 13 | 3,744 | Rs. 1,94,688 |
| S-HNI (Min) | 14 | 4,032 | Rs. 2,09,664 |
| S-HNI (Max) | 66 | 19,008 | Rs. 9,88,416 |
| B-HNI (Min) | 67 | 19,296 | Rs. 10,03,392 |
Vidya Wires IPO Promoter Holding
| Particulars | Percentage |
|---|---|
| Promoter Holding Pre-Issue | 99.91% |
| Promoter Holding Post-Issue | (To be updated after dilution) |
About Vidya Wires Ltd.
Incorporated in 1981, Vidya Wires Ltd. manufactures copper and aluminium wires, catering to critical applications in energy, electrical systems, railways, e-mobility and clean energy.
Its portfolio spans winding wires, copper strips, conductors, busbars, PV ribbons, coated aluminium wires and over 8,000 SKUs.
The company has expanded manufacturing capacity to 19,680 MTPA, with a plan to reach 37,680 MTPA through the new facility at Narsanda, Gujarat.
Its products support high-performance operations requiring conductivity, durability and thermal efficiency across multiple industries.
Competitive Strengths include:
• Large and diversified customer base
• Backward integration ensuring quality & cost control
• Strategic location advantage
• Consistent financial performance
• Strong management team
Vidya Wires Ltd. Financials (Restated Consolidated)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 376.93 | 331.33 | 247.84 | 209.08 |
| Total Income | 413.09 | 1,491.45 | 1,188.49 | 1,015.72 |
| PAT | 12.06 | 40.87 | 25.68 | 21.53 |
| EBITDA | 18.67 | 64.22 | 45.52 | 35.84 |
| Net Worth | 178.37 | 166.36 | 125.54 | 100.11 |
| Reserves | 162.37 | 150.36 | 121.54 | 95.86 |
| Borrowings | 162.75 | 145.63 | 109.71 | 97.11 |
Key Performance Indicators
| KPI | Value |
|---|---|
| ROE | 24.57% |
| ROCE | 19.72% |
| Debt/Equity | 0.88 |
| PAT Margin | 2.74% |
| EBITDA Margin | 4.32% |
| Price to Book | 6.62 |
| Market Cap | Rs. 1,106 Cr |
Objects of the Issue
| S.No | Purpose | Amount (Rs. Cr) |
|---|---|---|
| 1 | Funding capex for new project (subsidiary: ALCU) | 140.00 |
| 2 | Repayment / prepayment of borrowings | 100.00 |
| 3 | General corporate purposes | — |
Vidya Wires Ltd. Contact Details
Vidya Wires Ltd.
Plot No 8/1-2, GIDC,
Opp. SLS Industries,
Vithal Udyognagar,
Anand, Gujarat – 388121
Phone: +91 74340 38300
Email: cs@vidyawire.com
Website: www.vidyawire.com
Lead Manager(s)
Pantomath Capital Advisors Pvt. Ltd.
IDBI Capital Markets Services Ltd.
Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: vidyawires.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Vidya Wires IPO – Short ReviewÂ
Vidya Wires is a well-established manufacturer of copper and aluminium winding wires with strong presence across electrical systems, railways, e-mobility and clean-energy applications. The company has delivered consistent growth, with FY25 revenue rising 25% and PAT increasing 59% over FY24, supported by capacity expansion and a diversified 8,000+ SKU portfolio. Its planned expansion to 37,680 MTPA signals strong demand visibility and long-term scalability.
The business benefits from backward integration, a wide customer base and long-standing industry relationships, reducing concentration risk. Financial metrics such as ROE of 24.57% and ROCE of 19.72% reflect healthy operational efficiency, though margins remain modest for a manufacturing business. A portion of IPO proceeds will go toward new capex and debt reduction, which may further strengthen balance sheet quality. Overall, Vidya Wires is positioned as a steady-growth industrial play with medium-risk, stable-return characteristics.
Disclaimer
This coverage is for informational and educational purposes. Chanakya Ni Pothi does not deal in Grey Market Premiums or recommend investments based on GMP data. Please consult your SEBI-registered investment advisor.
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