Vidya Wires IPO Description – Established in 1981, Vidya Wires is a leading Indian manufacturer of winding and conductivity products, serving critical industries such as power transmission, electrical systems, clean energy, mobility, and railways. The company has evolved into the fourth-largest manufacturer in its sector, with a 5.7% market share of installed capacity in FY25. Its diversified product portfolio includes over 8,000 SKUs—ranging from Enameled Wires, Copper Busbars, and Paper-Insulated Conductors to specialized products like PV Ribbon and Aluminum Paper-Covered Strips.
Operating from Anand, Gujarat, with strategic access to major ports such as Hazira and Mundra, Vidya Wires maintains robust domestic and global supply networks, exporting to over 18 countries across 5 continents. As of 14 November 2025, the company has 139 permanent employees and over 394 contract labourers.
The company’s installed capacity of 19,680 MT per annum is set to nearly double to 37,680 MT following the commissioning of its new Narsanda facility (18,000 MTPA) under subsidiary ALCU Industries. Capacity utilization improved from 70.31% in FY23 to 94.51% in Q1 FY26, with production volumes rising 29.23% over three fiscals.
Promoters of Vidya Wires – Shyamsundar Rathi, Shailesh Rathi, and Shilpa Rathi
Table of Contents
Vidya Wires IPO Details
| Vidya Wires IPO Dates | 3 – 5 December 2025 |
| Vidya Wires IPO Price | INR 48 – 52 per share |
| Fresh issue | INR 274 crore |
| Offer For Sale | 50,01,000 shares (INR 24.00 – 26.01 crore) |
| Total IPO size | INR 298.00 – 300.01 crore |
| Minimum bid (lot size) | 288 shares (INR 14,976) |
| Face Value | INR 1 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Vidya Wires Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 1,011.44 | 1,186.07 | 1,486.39 | 411.76 |
| Expenses | 986.67 | 1,154.17 | 1,436.35 | 397.15 |
| Net income | 21.50 | 25.69 | 40.87 | 12.06 |
| Margin (%) | 2.13 | 2.17 | 2.75 | 2.93 |
Vidya Wires Offer News
Vidya Wires Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre Issue) | FY 2025 (Post-Issue) | |
| EPS | 1.34 | 1.61 | 2.55 | 1.92 |
| PE Ratio | – | – | 18.82 – 20.39 | 24.98 – 27.06 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 21.48 | 20.47 | 24.57 |
| NAV | 6.26 | 7.85 | 10.40 |
| ROCE (%) | 16.87 | 18.25 | 19.72 |
| EBITDA (%) | 3.54 | 3.87 | 4.32 |
| Debt/Equity | 0.97 | 0.87 | 0.88 |
Vidya Wires IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 4 December 2025 | 7 | 1,300 |
| 3 December 2025 | 7 | 1,300 |
| 2 December 2025 | 11 | 2,200 |
| 1 December 2025 | 11 | 2,200 |
| 29 November 2025 | 9 | 1,900 |
Vidya Wires IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirements for setting up a new project in its subsidiary, viz. ALCU – INR 140 crore
- Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company – INR 100 crore
- General corporate purposes
Vidya Wires IPO Subscription – Live Updates
1,73,07,991 shares allotted to anchor investors are not included in these calculations.
Vidya Wires – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Vidya Wires | 27.06 | 1.92 | 24.57 | 10.40 | 1,486.39 |
| Precision Wires | 53.45 | 5.04 | 15.63 | 32.25 | 4,014.83 |
| Ram Ratna Wires | 42.19 | 15.04 | 14.39 | 110.74 | 3,676.75 |
Vidya Wires IPO Allotment Status
Vidya Wires IPO allotment status will be available on MUFG Intime’s website. Click on this link to get the allotment status.
Vidya Wires IPO Dates & Listing Performance
| IPO Opening Date | 3 December 2025 |
| IPO Closing Date | 5 December 2025 |
| Finalization of Basis of Allotment | 8 December 2025 |
| Initiation of refunds | 9 December 2025 |
| Transfer of shares to demat accounts | 9 December 2025 |
| Vidya Wires IPO Listing Date | 10 December 2025 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
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Vidya Wires Offer Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki Vihar Road,
Andheri East, Mumbai – 400 072 Maharashtra
Phone: +91 18008898711
Email: [email protected]
Website: www.pantomathgroup.com
Vidya Wires Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Vidya Wires Contact Details
VIDYA WIRES LIMITED
Plot No. 8/1-2, GIDC, Opposite SLS Industries,
Vithal Udyognagar, Anand- 388 121 Gujarat
Phone: +91 74340 38300/301
Email: [email protected]
Website: www.vidyawire.com
Vidya Wires IPO FAQs
How many shares in Vidya Wires IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Vidya Wires Public Offer?
The best way to apply for Vidya Wires public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Vidya Wires IPO GMP today?
Vidya Wires IPO GMP today is INR 7 per share.
What is Vidya Wires Subject to Sauda rate today?
Vidya Wires Subject to Sauda rate today is INR 1,300 per application.