Vidya Wires IPO Day 3: Check live subscription status, allotment date and steps

Vidya Wires IPO: Vidya Wires' initial public offering has been subscribed 11.22 times so far on the final day of bidding on Friday, December 5

It got bids for 48,61,44,000 shares compared to 4,33,34,009 shares on offer, according to the NSE data until 10:50 am.

Among the investor categories, retail individual investors (RIIs) quota fetched 14.58 times subscription, while the category for non-institutional investors got subscribed 16.45 times. The part for qualified institutional buyers (QIBs) attracted 1.31 times subscription.

The ₹300.01 crore book-build issue consists of a fresh issuance of ₹274 crore and an offer for sale (OFS) of ₹26.01 crore. The company plans to use net proceeds towards funding capital expenditure needs for setting up new projects in subsidiary ALCU, debt repayment and for general corporate purposes.

With a price band of ₹48 to ₹52 per share, a lot consists of 288 shares.

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

Vidya Wires IPO allotment and listing date

Vidya Wires IPO allotment status is expected to be finalised on Monday, December 8. The listing will take place on Wednesday, December 10.

Vidya Wires IPO allotment status on MUFG Intime India; full steps

• Go to the allotment status page of MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select ‘Vidya Wires Limited’ from the IPO drop-down list
• Add Application No, PAN, DP/Client ID or Account No/IFSC
• Click on the ‘Submit’ button

How to check Vidya Wires IPO allotment status on NSE

• Open this page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Click on ‘Equity & SME IPO bid details’
• Choose 'VIDYAWIRES' from the 'Select Symbol' list
• Fill in application number and PAN
• Hit the 'Submit' button

Steps to check Vidya Wires IPO allotment status on BSE

• Go to BSE's IPO status page: https://bseindia.com/investors/appli_check.aspx.
• Keep issue type as 'Equity'
• Click on ‘Vidya Wires Ltd’ from the ‘Issue Name’ list
• Enter PAN or IPO application number
• Press the ‘Search’ button

Vidya Wires IPO GMP

According to media reports and investorgain.com, unlisted shares of Vidya Wires are trading at ₹57.5, reflecting a grey market premium of 10.58% over the upper price band of ₹52.