Vidya Wires IPO Date, Review, Price, Allotment Details
The Vidya Wires IPO is scheduled to open for subscription in 2025 and will close in the same year. It is a book-built issue through which the company aims to raise approximately ₹[.] crores, comprising a fresh issue of ₹[.] crores and an offer for sale (OFS) of up to [.] equity shares with a face value of ₹1 each.
The price band for the issue is expected to be between ₹[.] and ₹[.] per share. The IPO allocation includes 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-Worth Individuals (HNIs). The company’s shares are proposed to be listed on both BSE and NSE in 2025, with the IPO allotment date scheduled for 2025.
In terms of financial performance, Vidya Wires reported a revenue of ₹1,188.49 crores in FY 2024, compared to ₹1,015.72 crores in FY 2023. The net profit increased to ₹25.68 crores in FY 2024 from ₹21.53 crores in FY 2023. Based on this steady financial growth, long-term investors may consider applying for the Vidya Wires IPO.
Vidya Wires IPO Details
Vidya Wires IPO Market Lot
The Vidya Wires IPO minimum market lot is [.] shares, with an application amount of ₹[]. Retail investors can apply for up to 13 lots, each of [.] shares, for a total amount of ₹[].
IPO Reservation
Vidya Wires IPO Anchor Investors
Vidya Wires IPO Dates
The Vidya Wires IPO will open for subscription in 2025 and close in 2025. The IPO allotment is expected to be finalized in 2025, while the listing date is scheduled for 2025.
Promoters and Holding Pattern
The promoters of Vidya Wires Limited are Shyamsundar Rathi, Shailesh Rathi, and Shilpa Rathi.
Objects of the Issue & Utilisation of Proceeds
About Vidya Wires IPO
Vidya Wires Limited, established in 1981, is a rapidly growing company engaged in the manufacturing of copper and aluminium wires. The company produces a diverse range of winding and conductivity products, including precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, PV ribbons, and aluminium paper-covered strips, catering to a wide spectrum of industries.
Vidya Wires is recognized for its products’ high conductivity, durability, and thermal efficiency, which support high-performance industrial operations. The company employs 133 permanent staff and works with over 385 contract labourers. Its products are widely used in critical sectors such as energy generation, electrical systems, electric mobility, railways, and clean energy.
With product sizes ranging from 0.07 mm to 25 mm, Vidya Wires manufactures over 6,400 types of winding and conductivity products. The company also plans to expand its portfolio by introducing new products like copper foils, solar cables, and aluminium winding wires to strengthen its market presence and meet evolving industry needs.
Vidya Wires IPO Company Financial Report
Amount ₹ in Crores
Vidya Wires IPO Valuation – FY2024
Check Vidya Wires IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt. Ltd
- IDBI Capital Markets Services Ltd.
Company Address
Vidya Wires Ltd.
Plot No 8/1-2. GIDC,
Opposite SLS Industries,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 74340 38300
Email: cs@vidyawire.com
Website: http://www.vidyawire.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
hone: +91-22-4918 6270
Email: vidyawires.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html