Vidya Wires came to market through an IPO that opened on 3 December 2025 and closed on 5 December 2025, and the shares listed on 10 December 2025 on BSE, NSE. The price band was ₹48 to ₹52 per share and one lot was 288 shares, so the minimum application was ₹14,976. The issue size was ₹300.01 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and Pantomath Capital Advisors Pvt.Ltd, IDBI Capital Markets Services Ltd were the lead managers.
As of 5 December 2025.
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Incorporated in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminum wires.The company produces a wide range of winding and conductivity products, such as precision-engineered wires, copper strips, conductors, busbars, specialized wires for windings, PV ribbons, and aluminum paper-covered strips. The products of the company find critical applications in energy generation, electrical systems, electric mobility, railways, and clean energy, offering conductivity, durability, and thermal efficiency for high-performance, reliable operations.
The company has expanded its manufacturing capacity to 19,680 MT per annum and intends to expand it to 37,680 MT per annum by adding an extra 18,000 MTPA units in Narsanda, Gujarat. The company is a pre-approved supplier to Power Grid Corporation of India and UL-approved for exporting enameled copper/aluminum wire to the USA. Its operations in Anand, Gujarat, benefit from nearby ports for logistics.
The company produces over 6,400 SKUs of winding and conductivity products, ranging from 0.07 mm up to 25 mm, with plans to add new products such as copper foils, solar cables, and aluminum winding wires. The company has 133 permanent employees as of December 31, 2024, besides more than 385 contract labourers.
As described in the offer document.
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Vidya Wires raises about Rs 90 crore from anchor investors ahead of Rs 300 crore IPO. The anchor book saw 10 institutional investors, with domestic mutual funds taking up 77.78 percent of the overall allocation. Domestic funds invested via seven schemes within three fund houses. Bandhan Small Cap Fund emerged as the largest anchor investor, getting 46.15 lakh shares, accounting for 26.67 percent of the anchor book.
The Bank of India Small Cap Fund was the second-largest recipient, with an allotment of 36.54 lakh shares representing 21.11 percent of the anchor portion. Other key investors included Bank of India Business Cycle Fund which was allocated 9.61 lakh shares, followed by LIC MF Infrastructure Fund with 16.34 lakh shares, LIC MF Manufacturing Fund, which subscribed to 14.42 lakh shares, and LIC MF Small Cap Fund with 7.69 lakh shares. LIC MF Value Fund got 3.84 lakh shares.
Alchemy Emerging Leaders of Tomorrow – Series 2 got 19.23 lakh shares while MAIQ Growth Scheme – Long Only and Maybank Securities got 9.61 lakh shares each. In all, out of 1.73 crore shares allotted to anchor investors, 1.34 crore shares were given to domestic mutual funds.
Shyamsundar Rathi, Shailesh Rathi, Shilpa Rathi. Promoter holding 99.91% before the issue and 72.80% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Vidya Wires IPO was a ₹300.01 crore book-built issue, comprising a fresh issue of ₹274 crore and an offer for sale of ₹26.01 crore. It was priced at ₹48–₹52 per share with a lot size of 288 shares (₹14,976). The IPO was open from December 3 to December 5, 2025 and was subscribed 28.53x. Shares listed on BSE and NSE on December 10, 2025 at ₹52, in line with the issue price of ₹52. MUFG Intime India Pvt. Ltd.
is the registrar. Pantomath Capital Advisors Pvt. Ltd. and IDBI Capital Markets Services Ltd are the book running lead managers.
The price band of Vidya Wires IPO is ₹48 to ₹52 per share.
The lot size of Vidya Wires IPO is 288 shares.
The minimum investment for Vidya Wires IPO is approximately ₹14,976 based on the upper price band.
The allotment date of Vidya Wires IPO is Dec 8, 2025.
Vidya Wires IPO's final recorded GMP before listing was ₹3 per share (a 6% premium over the ₹52 upper price band). The shares listed at ₹52. GMP is unofficial and does not forecast or guarantee the actual listing price.
Vidya Wires IPO listed on Dec 10, 2025. It was issued at ₹52.0(NSE) and is currently around ₹80.15 as on 2-Nov-2026 3:30 PM, which is approximately 54.1% versus issue price. The 52-week high is ₹117.35.
You can check Vidya Wires IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vidya Wires IPO allotment status on Rupix for quick and easy access.
₹48 to ₹52 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 288 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,976.
₹14,976, for one lot of 288 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 3 December 2025 and closed on 5 December 2025.
The basis of allotment was published on 8 December 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 10 December 2025 on BSE, NSE.
The issue size was ₹300.01 crore. The fresh issue was 5,26,92,307 shares (aggregating up to ₹274 crore). The offer for sale was 50,01,000 shares (aggregating up to ₹26.01 crore).