Vidya Wires Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹48 - ₹52
- Lot size
- 288 shares
- Issue amount
- ₹300.01 cr
- Total subscription
- 28.53×
- Opens
- 3 Dec 2025
- Closes
- 5 Dec 2025
- Allotment
- 8 Dec 2025
- Listing
- 10 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 5,76,93,307 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹13,824
- Fresh issue
- ₹274 cr
- Offer for sale
- ₹26.01 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,976
- Issue type
- Bookbuilding IPO
- Shares before issue
- 16,00,00,000
- Shares after issue
- 21,26,92,307
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 288 | ₹14,976 |
| sHNI | 14 | 4,032 | ₹2,09,664 |
| bHNI | 67 | 19,296 | ₹10,03,392 |
Share reservation
Subscription & GMP
Subscription by category
Reported 5 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 70,113 | 17,92,659 |
| HNIs(10L +) | 1,431 | 14,411 |
| HNIs (2-10L) | 715 | 44,628 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 60 | 327.21 |
| FIIs | 0 | 224.83 |
| FIs | 0 | 20.03 |
| Mutual Funds | 0 | 21.02 |
| Others | 0 | 61.32 |
| RETAIL | 105 | 3,147.77 |
| NIB | 45 | 2,517.28 |
| HNIs 2+ | 15 | 982.52 |
| HNIs 10+ | 30 | 1,534.75 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 0 | 0 | 0 | 0 |
| ROE | 6.76 | 24.57 | 20.47 | 21.48 |
| ROCE | 5.24 | 19.72 | 18.25 | 16.87 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 20.36 | 0 | 0 |
| POST IPO(PE) | 22.94 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Vidya Wires Ltd | 20.36 | 52.00 | 1.00 | 10.4 | 24.57 | 2.55 |
| Precision Wires India Limited | 53.45 | 269.37 | 1.00 | 32.25 | 15.63 | 5.04 |
| Ram Ratna Wires Limited | 42.19 | 634.55 | 5.00 | 110.74 | 14.39 | 15.04 |
| Apar Industries Limited | 44.36 | 9071.00 | 10.00 | 1121.17 | 18.24 | 204.47 |
Company information
Company profile
Vidya Wires Limited, incorporated in 1981, manufactures copper and aluminum wires used for winding and conductivity applications in industries such as energy generation, electrical systems, electric mobility, railways, and clean energy. Its product range includes precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, PV ribbons, aluminum paper-covered strips, and more than 8,000 SKUs ranging from 0.07 mm to 25 mm in size. The company has expanded its manufacturing capacity to 19,680 MT per year and is planning to increase it to 37,680 MT per year with a new 18,000 MTPA unit in Narsanda, Gujarat, while also adding new products like copper foils, solar cables, and aluminum winding wires. As of November 14, 2025, Vidya Wires employed 139 permanent staff and over 394 contract labourers.
Strengths
- In-House Copper Rod Production for Quality Control: By manufacturing 35–40% of copper rods internally from copper cathodes, the company ensures superior product quality, stable raw material supply, and improved sustainability.
- Logistics Advantage Through Strategic Location: Manufacturing facilities in Anand, Gujarat offer proximity to major ports like Hazira and Mundra, enabling smoother raw material imports and cost-efficient export distribution.
- Leadership with Deep Industry Expertise: Promoters with 20–40+ years of experience, supported by capable functional managers, drive strong operational performance and long-term business growth.
Risk factors
- Past SEBI Notices to Promoter Group: Previous regulatory notices issued to a promoter and promoter group members—though settled—may still impact reputation, stakeholder trust, and future compliance risks.
- Non-Timely Payment of Statutory Obligations: Instances of delayed remittance of statutory dues like PF and taxes may attract penalties, regulatory scrutiny, and negatively influence financial discipline.
- Conflict Risk from Similar Promoter-Owned Firm: Two promoters are partners in a similar business entity (currently non-operational), which could cause conflict of interest if revived or left unresolved, impacting business and cash flow stability.
Promoters
Shyamsundar Rathi
Shailesh Rathi
Shilpa Rathi
Registrar & documents
Lead manager
Pantomath Capital Advisor Private Limited, IDBI Capital Market Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No 8/1-2. GIDC, Opposite SLS Industries, Vithal Udyognagar, Anand, Gujarat, 388121
+91 74340 38300
[email protected]Company website ↗Understanding VIDYAWIRES IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.