Vidya Wires IPO Day 1: Check Subscription Status & Key Highlights

Manufacturer of winding and conductivity products, Vidya Wires, has opened its Initial Public Offering (IPO) today, December 3, 2025. The public subscription window for Vidya Wires will be open from December 3 to December 5, 2025. The allotment process is expected to be finalised on December 8, 2025, and the shares will be listed on both NSE and BSE. The tentative listing date is fixed as December 10, 2025.

Founded in 1981, Vidya Wires Ltd produces enamelled wires, copper rectangular strips, paper-insulated copper conductors, copper busbars, bare copper conductors, PV ribbons, and aluminium paper-covered strips, among others. The company’s products are sold in India and internationally across 18 countries.

Vidya Wires IPO Details

Vidya Wires IPO is a book-building of ₹300.01 crores. The issue is a combination of fresh issue of 5.27 crore shares aggregating to ₹274 crores and offer for sale ( OFS) of 0.50 crore shares aggregating to ₹26.01 crores.

The IPO price band is set between ₹48 and ₹52 per share. The minimum lot size for an application is 288. The minimum amount of investment required by a retail investor is ₹14,976 (288 shares) based on the upper price. 

Pantomath Capital Advisors Pvt.Ltd is the book running lead manager, and MUFG Intime India Pvt.Ltd is the registrar of the issue.

Vidya Wires IPO Day 1 Subscription Status 

[December 3, 2025, 12:15 PM]

On Day 1, Vidya Wires' IPO saw a subscription of 1.37 times as per the NSE data on December 03, 2025, 12:15 pm. The public issue was subscribed 1.94 times in the Retail Individual Investors (RIIs) category, 1.21 times in the Non-Institutional Investors (NII) category, and 0.47 times in the Qualified Institutional Buyers (QIBs) category. 

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Utilisation of Proceeds

The net proceeds from the fresh issue will be used towards the following objectives:

• Funding capital expenditure requirements for setting up a new project in the subsidiary, viz. ALCU.
• Repayment/prepayment, in whole or part, of all or certain outstanding borrowings availed by the Company.
• General corporate purposes.

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About Vidya Wires Ltd

Vidya Wires Ltd is a manufacturer of insulated copper and aluminium conductors, including enamelled copper wires, paper-covered wires and strips, bare annealed wires, copper tapes, and related products, catering to a wide range of industrial applications like transformers, motors, electrical appliances, EV motors, renewables, and general electrical infrastructure.

Founded in 1981 and headquartered in Anand, Gujarat, Vidya Wires is among India’s larger players in the wire & cable segment, ranking 4th by installed capacity; with its planned capacity expansion, it aims to move up the rankings. For the financial year ended March 31, 2025, the company reported revenue of about ₹1,490 crore.

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