Vidya Wires Limited is set to tap the capital markets with its Initial Public Offer scheduled to open on December 03, 2025, closing on December 05, 2025. The Anchor Investor bidding window will take place on December 02.
The Company has announced a Price Band of ₹48 to ₹52, corresponding to 48 and 52 times the face value. Bidding will begin at 288 equity shares, the minimum permissible lot size.
The IPO comprises a fresh issue worth ₹2,740 million, alongside an Offer for Sale of 5,001,000 equity shares. The proceeds from the fresh issue will primarily support:
• ₹1,400 million investment in a new manufacturing project under subsidiary ALCU,
• ₹1,000 million towards loan repayment,
• General corporate purposes.
The Company has proposed listing its shares on both BSE and NSE, with BSE serving as the designated exchange. Pantomath Capital Advisors and IDBI Capital Markets are the BRLMs.
The IPO will follow SEBI’s Book Building Process, with allocations structured across QIBs, anchor investors, mutual funds, life insurers, pension funds, non-institutional bidders, and retail investors. Up to 60% of the QIB portion may be offered to Anchor Investors, with dedicated reservations for domestic MFs and insurance-led funds.
Vidya Wires is one of India’s most prominent players in the conductive product space, holding a 5.7% installed capacity market share in FY25, as per CareEdge. Its product line covers various copper and aluminium-based solutions used in energy, mobility, motors, transformers, and renewable systems.
With a global supply footprint and deep relationships with clients such as Adani Wilmar, Schneider Electric Infrastructure, TMEIC, Suzlon Energy, and others, the Company exported to 19 international customers across 18 countries in recent fiscal periods.
