Vidya Wires IPO opens for subscription on December 3, 2025 and closes on December 5, 2025. The allotment for the Vidya Wires IPO is expected to be finalised on December 8, 2025. Vidya Wires IPO will list on BSE and NSE, with a listing date fixed as December 10, 2025.
Incorporated in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminium wires. The company manufactures winding and conductivity products for various industries, including precision-engineered wires, copper strips, conductors, busbars, specialised winding wires, PV ribbons, and aluminium paper-covered strips.
So, let’s find out all the details about the Vidya Wires IPO, including the dates, issue size, proceeds usage, subscription status, financials, and risk factors.
Vidya Wires IPO Date
The key pointers for the Vidya Wires IPO dates are:
- Bidding Opening Date: December 3, 2025
- Bidding Closing Date: December 5, 2025
- Allotment Date: December 8, 2025
- Initiation of Refunds (in case of less or no allotment): December 9, 2025
- Shares Credited to Your Demat Account: December 9, 2025
- IPO Listing Date: December 10, 2025
- Listing on Exchange: BSE and NSE
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- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Vidya Wires IPO Issue Size
Vidya Wires IPO valuation, as denoted by the market capitalisation, is targeted at ₹1,106 crores. Here are the essential details:
- Vidya Wires IPO Price Band: ₹48 to ₹52 per share
- Lot Size: 288 Shares
- Face Value: ₹1 per share
- Total Issue Size and Amount: 5.77 crore shares (aggregating up to ₹300.01 crores)
- Fresh Issue Size and Amount: 5.26 crore shares (aggregating up to ₹274 crores)
- Offer for Sale and Amount: 50 lakh shares of ₹1 (aggregating up to ₹26.01 crores)
Vidya Wires IPO Proceeds Usage
The company plans to deploy the fresh issue proceeds towards the following objectives:
- To finance capital expenditure for establishing a new project in the subsidiary, ALCU- ₹140 crore.
- To repay/prepay, in full or in part, certain outstanding borrowings of the Company – ₹100 crore.
Vidya Wires IPO Reservations
Vidya Wires’ IPO reservations to different investors are:
- For QIBs: Not more than 50% of the Net Offer
- For NIIs: Not less than 15% of the Net Offer
- For Retail Investors: Not less than 35% of the Net Offer
Vidya Wires IPO Lot Size
The Vidya Wires IPO lot size is 288 shares, wherein bidding can be done in multiples. The minimum amount that each category of investor needs to bid in this IPO is:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| 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 |
Vidya Wires IPO Subscription Status
Vidya Wires IPO saw a modest start on Day 1, getting subscribed 2.32 times overall. Retail investors showed the most interest with 3.29 times subscription, while the NII category saw a 2.48 times response. The QIB segment saw the lowest subscription of 0.50 times as of December 3, 2025, 2:34 PM.
| Investor Type | Subscription (times) | Shares Offered | Shares Bid |
|---|---|---|---|
| Anchor Investors | 1 | 1.73 cr | 1.73 cr |
| QIB (Ex Anchor) | 0.50 | 1.15 cr | 0.58 cr |
| Non-Institutional Buyers (NII) | 2.48 | 0.87 cr | 2.14 cr |
| Retail Investors | 3.29 | 2.02 cr | 6.64 cr |
| Total | 2.32 | 4.04 cr | 9.37 cr |
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Vidya Wires IPO Details: Promoter Holding
Shyamsundar Rathi, Shailesh Rathi, and Shilpa Rathi are the promoters of the company.
Vidya Wires Ltd: Company Overview
Incorporated in 1981, Vidya Wires Limited manufactures copper and aluminium wires and a wide range of winding and conductivity products, including precision-engineered wires, copper strips, conductors, busbars, specialised winding wires, PV ribbons, and aluminium paper-covered strips.
The company’s products are used in critical applications like energy generation, electrical systems, electric mobility, railways, and clean energy, offering conductivity, durability, and thermal efficiency for high-performance, reliable operations.
The company has an installed manufacturing capacity of 19,680 MTPA and is scaling to 37,680 MTPA with an additional 18,000 MTPA facility at Narsanda, Gujarat.
Vidya Wires offers over 8,000 SKUs spanning sizes from 0.07 mm to 25 mm and plans to broaden its portfolio with copper foils, solar cables, and aluminium winding wires.
Vidya Wires Ltd: Financial Performance
Vidya Wires Ltd’s key financials for different periods are as follows:
| Particulars (in ₹ Cr) | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Assets | 331 | 248 | 34% |
| Total Income | 1491 | 1188 | 25% |
| Profit After Tax | 41 | 26 | 59% |
| EBITDA | 64 | 46 | 41% |
| Net Worth | 166 | 126 | 33% |
| Total Borrowing | 146 | 110 | 33% |
- Assets increased to ₹331 crores in FY25, up 34% from ₹248 crores in FY24.
- Vidya Wires Ltd’s total income grew to ₹1,491 crores in FY25, a 25% rise from ₹1,188 crores in FY24.
- Profit after tax jumped to ₹41 crores in FY25, up 59% from ₹26 crores in FY24.
- EBITDA rose to ₹64 crores in FY25, marking a 41% increase from ₹46 crores in FY24.
- Net worth increased to ₹166 crores in FY25, up 33% from ₹126 crores in FY24.
- Vidya Wires Ltd’s total borrowing went up to ₹146 crores in FY25, a 33% rise from ₹110 crores in FY24.
Vidya Wires IPO Peer Comparison
Here is the peer comparison table of Vidya Wires Ltd:
| Company Name (FY25) | EPS (Basic ₹) | P/E (x) | ROE (%) | ROCE (%) |
|---|---|---|---|---|
| Vidya Wires Limited | 2.55 | 20.36 | 24.57 | 19.72 |
| Precision Wires India Limited | 5.04 | 53.45 | 15.63 | 24.45 |
| Ram Ratna Wires Limited | 15.04 | 42.19 | 14.39 | 17.50 |
| Apar Industries Limited | 204.47 | 44.36 | 18.24 | 33.59 |
- Vidya Wires Ltd posted an EPS of ₹2.55 in FY25, which is lower than peers like Precision Wires, Ram Ratna Wires, and Apar Industries.
- Vidya Wires’ PE ratio of 20.36 looks quite reasonable and much cheaper than most competitors, making the valuation relatively attractive.
- The company delivered the highest ROE of 24.57%, highlighting stronger efficiency and profitability.
- ROCE came in at 19.72%, better than Ram Ratna Wires, but it is still lower than Precision Wires and Apar Industries.
Vidya Wires IPO Risk Factors
Vidya Wires IPO GMP is ₹6.5 as of December 3, 2025 (at 14:02). It is expected to list at a 12.50% gain at a price of ₹58.5. However, GMP is not a safe or assured criterion to bid for an IPO. It is important to do your own analysis before investing in any IPO.
Vidya Wires IPO is exposed to various risk factors that can eventually affect its business and investors’ perception:
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- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
- Thin profitability: PAT margin of 2.74% offers a limited buffer against input-cost swings.
- Commodity exposure: Dependence on copper and aluminium makes margins vulnerable to price volatility.
- Working-capital intensive: Significant cash is tied up in inventory and receivables.
- Competitive industry: Numerous organised and unorganised players pressure pricing and market share.
- Expansion execution risk: Delays or cost overruns in capacity ramp-up could hurt performance.
- Moderate leverage pre-expansion: FY25 borrowings were ₹145 crore; reducing debt remains a priority.
For all the insights on Vidya Wires IPO and detailed expert advice, you can download the SMC ACE App or visit the SMC telegram channels. Take smart decisions and apply for the Vidya Wires IPO easily on the SMC ACE Apply by opening free demat account now.
Frequently Asked Questions – FAQs
1. What are the Vidya Wires IPO dates, price band, and lot size?
Vidya Wires IPO opens on December 3, 2025 and closes on December 5, 2025. The price band is ₹48–₹52 per share, and the lot size is 288 shares, which means the minimum investment at the cap price is ₹14,976.
2. How big is the Vidya Wires issue, and what’s the structure?
The total issue size is 5.77 crore shares aggregating up to ₹300.01 crores. It comprises a Fresh Issue of 5.27 crore shares (up to ₹274 crores) and an Offer for Sale of 50 lakh shares (up to ₹26.01 crores).
3. How will the Vidya Wires IPO proceeds be used?
The company plans to use the net proceeds to fund capex for a new project in subsidiary ALCU (₹140 crores) and to repay/prepay certain borrowings (₹100 crores). Any remaining funds will be applied toward general corporate purposes.
Author: All Content is verified by SMC Global Securities.
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