Vidya Wires Ltd. is launching a ₹300.01 crore book-built IPO comprising a fresh issue and an offer for sale. The issue opens on Dec 3, 2025 and closes on Dec 5, 2025. Tentative allotment is expected on Dec 8, 2025, with refunds and demat credits on Dec 9, 2025 and tentative listing on Dec 10, 2025 on BSE & NSE.
Vidya Wires IPO
Mainboard Book-built Issue (Fresh + Offer for Sale) — BSE & NSE
UPCOMING IPOVidya Wires Ltd. is launching a ₹300.01 crore book-built IPO comprising a fresh issue and an offer for sale. The issue opens on Dec 3, 2025 and closes on Dec 5, 2025. Tentative allotment is expected on Dec 8, 2025, with refunds and demat credits on Dec 9, 2025 and tentative listing on Dec 10, 2025 on BSE & NSE.
Price band: ₹48 to ₹52 per share. Lot size: 288 shares; retail minimum 1 lot (₹14,976 at ₹52).
| Face Value | ₹1 per share |
|---|---|
| Issue Price Band | ₹48 to ₹52 per share |
| Lot Size | 288 shares |
| Total Issue Size | 5,76,93,307 shares (aggregating up to ₹300.01 Cr) |
| Fresh Issue | 5,26,92,307 shares (aggregating up to ₹274.00 Cr) |
| Offer for Sale | 50,01,000 shares (aggregating up to ₹26.01 Cr) |
| Issue Type | Book-building IPO |
| Listing | BSE, NSE |
| Shareholding (Pre / Post) | 16,00,00,000 / 21,26,92,307 shares |
| Lead Manager | Pantomath Capital Advisors Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII (HNI) | Not less than 15% of Net Offer |
| Retail (RII) | Not less than 35% of Net Offer |
| IPO Open | Wed, Dec 3, 2025 |
|---|---|
| IPO Close | Fri, Dec 5, 2025 |
| Allotment (Tentative) | Mon, Dec 8, 2025 |
| Initiation of Refunds | Tue, Dec 9, 2025 |
| Credit of Shares to Demat | Tue, Dec 9, 2025 |
| Listing (Tentative) | Wed, Dec 10, 2025 |
| UPI Mandate Cut-off | 5 PM on Fri, Dec 5, 2025 |
| Application | Lots | Shares | Amount (at ₹52) |
|---|---|---|---|
| Retail (Min) | 1 | 288 | ₹14,976 |
| 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 |
sNII (14 lots) = 4,032 shares; bNII (67 lots) = 19,296 shares. Amounts are based on upper price band (₹52).
Incorporated in 1981, Vidya Wires Ltd. manufactures copper and aluminium wires, including winding & conductivity products: enameled copper winding wires, rectangular strips, paper-insulated conductors, PV ribbons & bus bars, copper foils and aluminium winding wires (planned). Products serve energy generation, electric mobility, railways and other critical applications.
The company has expanded manufacturing capacity to 19,680 MT p.a. and plans to add another 18,000 MTPA unit at Narsanda, Gujarat (targeting 37,680 MT p.a.). Vidya Wires offers over 8,000 SKUs and had 139 permanent employees (as of Nov 14, 2025) plus ~394 contract labourers.
Competitive strengths: diversified customer base, backward integration, strategic locations, experienced management and steady financial performance.
FY2023–FY2025 (₹ Crore)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 2025 | 376.93 | 413.09 | 12.06 | 18.67 | 178.37 | 162.75 |
| 31 Mar 2025 | 331.33 | 1,491.45 | 40.87 | 64.22 | 166.36 | 145.63 |
| 31 Mar 2024 | 247.84 | 1,188.49 | 25.68 | 45.52 | 125.54 | 109.71 |
KPIs (as of Mar 31, 2025): ROE 24.57% | ROCE 19.72% | Debt/Equity 0.88 | PAT Margin 2.74% | EBITDA Margin 4.32% | Price/Book 6.62 | Market Cap: ₹1,106.00 Cr.
| 1 | Funding capital expenditure for setting up new project in the subsidiary (ALCU) — ₹140.00 Cr |
|---|---|
| 2 | Repayment/prepayment (full/part) of outstanding borrowings — ₹100.00 Cr |
| 3 | General corporate purposes |
Company Contact
- Vidya Wires Ltd., Plot No 8/1-2, GIDC, Opposite SLS Industries, Vithal Udyognagar, Anand, Gujarat, 388121
- Phone: +91 74340 38300
- Email: cs@vidyawire.com
- Website: http://www.vidyawire.com/
Registrar
- MUFG Intime India Pvt. Ltd. — Phone: +91-22-4918 6270 | Email: vidyawires.ipo@linkintime.co.in