Vidya Wires IPO: Date, Price Band, & Company Details
Vidya Wires Limited, a leading manufacturer of winding wires and conductors, is set to launch its Initial Public Offering (IPO) on December 3, 2025. The public issue, which will close on December 5, 2025, aims to raise Rs 300.01 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS).
About Vidya Wires
Vidya Wires Limited is a Mumbai-based company engaged in the manufacturing of enamelled copper and aluminium winding wires, as well as bare copper and aluminium conductors. The company serves diverse industries including electrical, automotive, and electronics sectors.
Key Business Highlights
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Integrated Manufacturing: The company operates manufacturing facilities that produce a wide range of winding wires and conductors used in motors, transformers, and other electrical equipment.
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Subsidiary Operations: Through its subsidiary, Aluminium Conductors Private Limited (ALCU), the company has expanded its product portfolio to include copper and aluminium conductors.
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Strong Financial Performance: For FY25, the company reported an EPS (Earnings Per Share) of Rs 2.55, indicating healthy profitability.
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Capacity Expansion Plans: The company is focused on expanding its manufacturing capacity and product range through its subsidiary ALCU to cater to growing market demand.
Vidya Wires IPO Details (2025)
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IPO Open Date: December 3, 2025
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IPO Close Date: December 5, 2025
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Listing Date: December 10, 2025 (Tentative)
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Price Band: Rs 48 – Rs 52 per share
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Issue Size: Rs 300.01 crore
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Fresh Issue: Rs 274 crore
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Offer for Sale (OFS): 50,01,000 equity shares (approximately Rs 26.01 crore)
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Lot Size: 288 Shares
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Minimum Investment (Retail): Rs 14,976 at the upper price band
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Face Value: Rs 1 per share
IPO Structure & Utilisation
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Offer for Sale: The OFS component consists of 50.01 lakh shares being sold by promoter-group shareholders.
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Use of Proceeds: The funds raised from the fresh issue of Rs 274 crore will be utilised for:
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Capex for Subsidiary ALCU: Rs 140 crore will be invested to expand capacity and product range in copper and aluminium conductors.
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Debt Repayment: Approximately Rs 100 crore will be used to repay or prepay borrowings, reducing leverage and interest costs.
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General Corporate Purposes: The balance will be allocated for working capital, operations, and other contingencies.
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Reservation: The issue has a reservation of 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for Retail Investors.
Key Dates & Timeline
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Anchor Investor Bidding: December 2, 2025
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IPO Opening: December 3, 2025
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IPO Closing: December 5, 2025
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Basis of Allotment: December 8, 2025
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Credit of Shares to Demat: December 9, 2025
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Refund Initiation: December 9, 2025
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Listing on BSE & NSE: December 10, 2025
Frequently Asked Questions (FAQs) about Vidya Wires IPO
Q1: When is the Vidya Wires IPO scheduled to open?
The IPO will be open for subscription from December 3 to December 5, 2025.
Q2: What is the issue size and price band for the IPO?
The total issue size is Rs 300.01 crore, with a price band of Rs 48 to Rs 52 per share.
Q3: What is the lot size and minimum investment required?
The lot size is 288 shares, and the minimum investment required is Rs 14,976 at the upper price band of Rs 52.
Q4: How will the IPO proceeds be used?
The fresh issue proceeds will mainly fund capex in subsidiary ALCU (Rs 140 crore), debt repayment (about Rs 100 crore), and general corporate purposes.