Vidya Wires Limited has announced that its Initial Public Offer (IPO) will open for subscription on December 03, 2025 and close on December 05, 2025. The Anchor Investor bidding will take place a day earlier, on December 02, 2025.
The company has fixed the price band at ₹48 to ₹52 per equity share, with bids required for a minimum of 288 shares and in multiples thereafter. The floor price is 48 times and the cap price is 52 times the face value of each equity share.
The IPO comprises a fresh issue of up to ₹2,740 million (₹274 crore) and an offer for sale of up to 5,001,000 equity shares. Proceeds from the fresh issue will be used for:
• ₹1,400 million to fund capital expenditure for a new project under its subsidiary ALCU,
• ₹1,000 million for repayment or prepayment of borrowings,
• and general corporate purposes.
The equity shares will be listed on both BSE and NSE, with BSE as the designated stock exchange. Pantomath Capital Advisors Pvt. Ltd. and IDBI Capital Markets & Securities Ltd. are the book-running lead managers to the offer.
The IPO will be conducted through the Book Building Process in line with SEBI ICDR Regulations. Up to 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), with a provision to allocate up to 60% of the QIB portion to Anchor Investors.
At least 15% of the offer is earmarked for Non-Institutional Investors, and 35% for Retail Individual Investors. All bidders except Anchor Investors must apply through the ASBA process.
Vidya Wires is the fourth-largest player in its sector, holding a 5.7% market share by installed capacity in FY25, according to CareEdge. The company manufactures a wide range of winding and conductivity products used across energy generation, transmission, clean energy, electric mobility, and industrial systems. It caters to 318+ customers, including 19 international clients across 18 countries, with long-standing relationships with companies such as Adani Wilmar, Schneider Electric Infrastructure, Suzlon Energy, Hammond Power Solutions, among others.
