Vidya Wires, launched in 1981, excels in manufacturing copper and aluminum wire. The company offers a variety of copper and aluminum wire products: enameled copper wires, paper-covered wires and strips, bare annealed wires, and copper tapes. With three manufacturing and warehousing units, Vidya Wires’s production volumes have grown 26.99% over the last three fiscals.
Vidya Wires launched its initial public offering (IPO) on 3 December 2025, Wednesday, and will remain open for subscription until Friday, December 5. The company will be listed on BSE and NSE on December 10.
The Key Details
- The company has priced the IPO in the range of Rs 48 to Rs 52 per share.
- The original face value of the share is Rs 1.
- Vidya Wires’ shares are trading at a grey market premium (GMP) of Rs 6. Considering the IPO price between Rs 48 to Rs 52 per share, with Rs 52 being the top end, the expected debut price of Vidya Wires shares is around Rs 58 each, about 11.5% more than the IPO price of Rs 52.
- On Tuesday, Vidya Wires secured Rs 90 crore from anchor investors: Bandhan Mutual Fund (MF), LIC MF, Bank of India MF, Maybank Securities, Alchemy Emerging Leaders of Tomorrow Series 2, and MAIQ Growth Scheme, before the launch of its IPO for public subscriptions.
- Vidya Wires’ reservation for its share has been divided into three categories:
- 50% of the shares for Qualified Institutional Buyers (QIBs)
- Not less than 15% for Non-Institutional Investors (NIIs)
- At least 35% for retail investors.
Vidya Wires IPO Valuation
| Detail | Information |
| Upper Price Band | ₹52 |
| Fresh Issue Size | Up to ₹274 crores |
| Offer for Sale | Up to 5,001,000 equity shares |
| EPS (in ₹) for FY 25 | 2.55 |
Vidya Wires Pvt IPO Subscription Rate
| Category | Subscription Rate |
| Non-Institutional (HNI) | 3.43x |
| Reatil | 4.03x |
| Qualified Institutions | 0.43x |
| Total Subscription | 2.89x |
Vidya Wires IPO Lot Size
| Application | Lots | Shares | Amount in INR |
| Retail (Min) | 1 | 288 | 14,976 |
| Retail (Max) | 13 | 3774 | 1,94,688 |
| S-HNI (Min) | 14 | 4032 | 2,09,664 |
| S-HNI (Max) | 66 | 19,008 | 9,88,416 |
| B-HNI (Min) | 67 | 19,296 | 10,03,392 |
Objectives of Vidya Wires
- The company utilizes the funds to set up a new project in its subsidiary, ALCU.
- To repay either fully or partially the loans taken by the company.
- Meet general corporate purposes
Vidya Wires’ IPO comprises two parts. The first is a fresh issue of new shares worth Rs 274 crore, which will raise funds directly for the company. The second is an Offer For Sale (OFS) of 50.01 lakh existing shares valued at Rs 26 crore.
IPO Day 1
- On the initial day, as per the latest report, Vidya Wires’ IPO received subscription over 2.30 times. The issue saw demand for 9,98,66,016 shares, although only 4,33,34,009 shares were on offer.
- Meanwhile, the retail category received 3.26 times the subscription, NII subscribed over 2.50 times, and the QIB category subscribed 0.47 times.
In short, on day one, Vidya Wires received a robust demand during the IPO. This reflects a positive and promising factor for investors.
FAQs
The Vidya Wires IPO price band is set between ₹48 and ₹52 per share, with ₹52 being the upper limit for investors.
The IPO opened on December 3, 2025, and will remain open for subscription until December 5, 2025.
Vidya Wires shares are scheduled to list on the BSE and NSE on December 10, 2025.
The IPO is trading at a GMP of ₹6, indicating an expected listing price of around ₹58, which is approximately 11.5% above the upper issue price.
On Day 1, Vidya Wires IPO was subscribed 2.30 times, with strong interest from retail (3.26x) and NII (2.50x) investors.
