Vidya Wires IPO GMP, Open Date, Price Band, DRHP Filed

Vidya Wires IPO GMP will be available once the IPO is open for subscription. Vidya Wires files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the last week of April 2025. This upcoming IPO is a book-built issue offering a combination of fresh issue and offers for sale. The company is offering worth up to Rs 320 crore equity shares as a fresh issue and up to 1 crore equity shares as an offer for sale.

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Vidya Wires IPO GMP

Vidya Wires IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription.

Vidya Wires IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases. 

However, if the Live IPO GMP quotes are 10% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Vidya Wires IPO, GMP is expected to quote the initial ticks at a premium of 15% or above.

Vidya Wires IPO Open Date, Close Date

Vidya Wires IPO's open date and close date are expected to be in the last week of April 2025. However, as of now, the open and close date has not yet been finalised.

Vidya Wires IPO Price Band

Vidya Wires IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,950, and for small HNI, the minimum investment will be around Rs 2,09,300.

Vidya Wires IPO Issue Size

Vidya Wires IPO issue size is of worth up to Rs 320 crore equity shares as a fresh issue and up to 1 crore equity shares as an offer for sale. The total number of equity shares that will be issued in this IPO and, the total aggregate size of this IPO in rupees is not yet disclosed.

Vidya Wires IPO Allotment Status

Vidya Wires IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Vidya Wires IPO Listing Date

Vidya Wires IPO's listing date will be near Last week of April 2025. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Vidya Wires IPO: Listing Date, Lot Size, Price Band

Vidya Wires Limited: About the Company

Vidya Wires Limited, established in 1982 by the Rathi family, is one of a leading manufacturer of copper and aluminum wire products in India. Headquarter situated in in Vithal Udyognagar, Gujarat. The company specialises in enameled copper wires, paper-covered wires, and various insulated conductors. 

Vidya Wires has built a reputation for high-quality manufacturing with over 40 years of experience, adhering to strict quality control standards throughout its production processes. The company serves diverse sectors, including electric transformers, telecommunications, and automotive industries.

Vidya Wires has an ISO 9001-2015 certification. The organisation is committed to excellence and customer satisfaction, ensuring reliable products and services for its OEM clients across India. 

Vidya Wires IPO Objectives

Vidya Wires IPO's objective is to utilise the net proceeds into repayment/prepayment, in full or part of all or certain outstanding borrowings availed by the company amounting Rs 140 crore, funding capital expenditure requirements for setting up new project in their subsidiary viz. ALCU amounting Rs 100 crore and into general corporate purposes. (The data mentioned in the paragraph are as per DRHP filed with SEBI by the company).

Vidya Wires IPO: Key Dates, Allotment, Listing Date

Vidya Wires Financials (Amt in Rs Cr)

Vidya Wires Limited posted revenue of Rs 1,186.07 crore and Profit After Tax reported Rs 25.69 crore for the period ending on March 31, 2024. The company's revenue increased by 17.27% and PAT massively increased by 19.49% for the FY ending 2024 compared to FY ending 2023.

Vidya Wires IPO Subscription Details, IPO Reservation

Vidya Wires IPO subscription details will be available soon. Vidya Wires IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Vidya Wires IPO Lot Size Details

Vidya Wires IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,950, and for small HNI, the minimum investment will be around Rs 2,09,300.

Vidya Wires IPO Promoter Holdings

Vidya Wires promoters are Shyamsundar Rathi, Shailesh Rathi And Shilpa Rathi. The promoters' shareholdings before the IPO were 92.16 %; however, after the IPO, shareholdings will decline.

Vidya Wires IPO Registrar

Vidya Wires IPO registrar is MUFG Intime India Private Limited. On the date of allotment, investors can visit the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Vidya Wires IPO Lead Managers

Vidya Wires IPO lead manager is Pantomath Capital Advisors Private Limited and IDBI Capital Markets & Securities Limited.

How to apply to Vidya Wires IPO

Interested investors can apply to the Vidya Wires IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Vidya Wires IPO FAQ

1. What are the details of the Vidya Wires IPO?

Vidya Wires IPO is a book-built issue offering a fresh issue of worth up to 320 crore equity shares and up to 1 crore equity shares as an offer for sale.

2. When will the Vidya Wires IPO open and close?

Vidya Wires IPO's open date is expected to be in the last week of April 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Vidya Wires IPO GMP?

Vidya Wires IPO GMP quotation is not yet available. You can check the latest GMP price and reliable GMP soon once the subscription starts. If the subscription is oversubscribed, then Vidya Wires IPO GMP will also rise.

4. Write the details of the IPO Allotment Status.

Vidya Wires IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who is the registrar and the lead managers for Vidya Wires IPO?

Vidya Wires IPO registrar is MUFG Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID. The lead manager of Vidya Wires IPO is Pantomath Capital Advisors Private Limited and IDBI Capital Markets & Securities Limited.

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