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  5. Vidya Wires IPO fully subscribed on Day 1: Check price band, lot size, objectives and key dates

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Vidya Wires IPO fully subscribed on Day 1: Check price band, lot size, objectives and key dates

Kamal Joshi
By Kamal Joshi

3 min read | Updated on December 03, 2025, 14:13 IST

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SUMMARY

Vidya Wires IPO Day 1: The ₹300.01 crore initial share sale comprises a fresh issuance of shares worth ₹274 crore, along with an offer for sale (OFS) of 50.01 lakh shares aggregating to ₹26.01 crore by promoters Shyamsundar Rathi and Shailesh Rathi.

Shares of Vidya Wires are expected to list on the BSE and NSE on December 10. | Image: Vidyawire.com

Shares of Vidya Wires are expected to list on the BSE and NSE on December 10. | Image: Vidyawire.com

Vidya Wires IPO: Winding and conductivity products maker Vidya Wires' initial public offering hit the primary market on Wednesday, December 3. The issue will conclude on December 5. It has set a price range of ₹48 to ₹52 per share and a lot consists of 288 shares.

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The ₹300.01 crore initial share sale comprises a fresh issuance of shares worth ₹274 crore, along with an offer for sale (OFS) of 50.01 lakh shares aggregating to ₹26.01 crore by promoters Shyamsundar Rathi and Shailesh Rathi.

The company intends to use the net proceeds towards funding capital expenditure needs for establishing new projects in subsidiary ALCU, payment of debt, and for general corporate purposes.

Vidya Wires IPO Day 1: Subscription status

CategorySubscription Status (As of 2:08 pm)
Qualified Institutional Buyers (QIBs)47%
Non-Institutional Investors2.13 times
Retail Investors2.82 times
Total2.01 times

Before the IPO, the company collected ₹90 crore from anchor investors, including Bandhan Mutual Fund (MF), Bank of India MF, LIC MF, Maybank Securities, MAIQ Growth Scheme and Alchemy Emerging Leaders of Tomorrow Series 2.

Shares of Vidya Wires are likely to list on the BSE and NSE on December 10.

Meesho IPO Day 1: Check live subscription status, price band, lot size and all you need to know

Vidya Wires is among the largest manufacturers of winding and conductivity products for critical industries and applications.

Its product portfolio includes precision-engineered enamelled wires, copper busbars and bare copper conductors, specialised winding wires, enamelled copper rectangular strips, paper-insulated copper conductors, PV ribbons and aluminium paper-covered strips, among others.

The products are used in varied critical applications like energy generation & transmission, electric motors, clean energy systems, electrical systems, electric mobility and railways.

Pantomath Capital Advisors Pvt Ltd and IDBI Capital Markets & Securities Ltd are the issue's book-running lead managers, while MUFG Intime India is the registrar.

Vidya Wires IPO GMP

According to media reports and investorgain.com, unlisted shares of Vidya Wires are trading at ₹58, reflecting a grey market premium of 11.54% over the upper price band of ₹52.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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