Vidya Wires IPO: Price, Analysis, Allotment, And GMP

Vidya Wires IPO - Company Analysis

Vidya Wires IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 300.01 Cr by Vidya Wires Ltd., The company manufactures copper and aluminium wire and produces winding and conductive products engineered to order for various industries, including: engineered precision wires, copper strips, conductors, busbars, specialised winding wires, PV ribbon, and aluminium paper-covered strips. 

They can be used in critical applications such as energy generation, electrical systems, electric mobility, railways, and clean energy. The company offers over 8000 SKUs of winding and conductive products as well. 

Products:

• Enameled Copper Winding Wires.

• Enameled Copper Rectangular Strips.

• Cotton Covered Ropes.

• PV Ribbon.

• PV Bus Bar.

• Copper Busbar.

Vidya Wires IPO Details

The Vidya Wires Ltd IPO open date is from Dec 03 to Dec 05, with IPO allotment on Dec 08, refund initiation on Dec 09, 2025.

The Rs. 300.01 Cr mainline IPO comprises a combination of fresh issue of 5.27 crore shares (Rs. 274 Cr) and an offer for sale of 0.50 crore shares (Rs. 26.01 Cr). The Vidya Wires IPO listing date might be on Wednesday, 10 December 2025, and it will be listed at the BSE and NSE. The Vidya Wires IPO price band is Rs. 48 to Rs. 52 for each Share. 

Events	Date
IPO Opening Date	December 03, 2025
IPO Closing Date	December 05, 2025
IPO Allotment Date	December 08, 2025 (Tentative)
Refund Initiation	December 09, 2025 (Tentative)
Tentative IPO Listing Date	December 10, 2025

 

Industry Outlook

If you want to apply for the IPO, click to open a Demat Account.

 

Company Financial

(Amount in Cr)

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	331.33	247.84	209.08
Total Income	1,491.45	1,188.49	1,015.72
PAT	40.87	25.68	21.53
EBITDA	64.22	45.52	35.84
Net Worth	166.36	125.54	100.11
Reserves & Surplus	150.36	121.54	95.86
Total Borrowing	145.63	109.71	97.11

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in Mn)

Net Cash Flow In Multiple Activities	FY25	FY24	FY23
Net Cash Flow Operating Activities	(168.36)	21.63	375.35
Net Cash Flow Investing Activities	(75.39)	(36.79)	(56.49)
Net Cash Flow Financing Activities	245.67	16.88	(318.42)

 

Revenue Bifurcation 

(Source RHP)

The Objective of The Issue

• Funding capital expenditure requirements for setting up new projectin the subsidiary viz. ALCU. ~ Rs. 140 Cr.

• Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company. ~ Rs. 100 Cr.

• General corporate goals.
  
  

Click to check the IPO application status.

Listed Peers of Vidya Wires  Ltd.

Company Name	Face Value (₹)	EPS (₹)	P/E (x)
Precision Wires India Ltd.	1.00	5.04	53.45
Ram Ratna Wires Ltd.	5.00	15.04	42.19
Apar Industries Ltd.	10.00	204.47	44.36

 

Valuation

KPI	Values
ROE	24.57%
ROCE	19.72%
Debt/Equity	0.88
RoNW	24.57%
PAT Margin	2.74%
EBITDA Margin	4.32%
Price to Book Value	6.62

 

Explore the Orkla India IPO.

IPO's Strengths

• De-risked business strategy with a broad clientele, a varied product line, and several end-user sectors.

• Backward integration for sustainability projects and quality assurance.

• Their presence in a key area.

• A varied clientele with enduring connections to suppliers and customers.

• Constant financial success.

 

IPO Weaknesses

• Supplies to the power & transmission, general engineering, and electrical sectors account for almost 80% of Vidya Wires' revenue. Business performance may be significantly impacted by any slowdown in these industries.

• Despite serving a wide range of industries, Vidya Wires' revenue is nevertheless heavily dependent on a few core sectors. Because of this, the business is susceptible to cyclical downturns in these particular industries.

• The CareEdge-commissioned report that the firm paid for provides the basis for some of the RHP's industry observations.

• Investors are advised not to depend too much on these estimates because doing so increases bias risk.

• With a sizable new facility, Vidya Wires is increasing capacity from 19,680 MTPA to 37,680 MTPA. Profitability may be impacted by any delays, overspending, or inability to produce anticipated demand.

 

Vidya Wires IPO GMP

Vidya Wires IPO GMP today has not started yet as of 28 Nov 2025, while writing this information.

Vidya Wires Limited IPO Summary

IPO Opening & Closing Date	Dec 03, 2025 to Dec 05, 2025
Face Value	Rs. 1 per Share
Issue Price	Rs. 48 to Rs. 52
Lot Size	288 Shares
Issue Size	5,76,93,307 Shares (Rs. 300.01 Cr)
Offer for Sale	50,01,000 Shares (Rs. 26.01 Cr)
Fresh Issue	5,26,92,307 Shares (Rs. 274 Cr)
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	MUFG Intime India Pvt. Ltd.

 

 

Vidya Wires IPO Lot Size

The Vidya Wires Ltd. IPO allows retail investors to invest in a minimum and maximum of 1 Lot (288 Shares) amounting to Rs. 14976 and 13 Lots (3744 Shares), amounting to Rs. 194688, respectively, while for S-HNI investors, the minimum Lot is 14 (4032 Shares) amounting to Rs. 209664.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	66 Lots
BHNI (Minimum)	67 Lots

Vidya Wires IPO Reservation

Institutional Share Portion	50%
Retail Investors' Share Portion	35%
Non-Institutional Shares Portion	15%

 

Vidya Wires IPO Allotment Status

To check the Vidya Wires IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Vidya Wires  Ltd.

• Shyamsundar Rathi

• Shailesh Rathi

• Shilpa Rathi

Pre-Issue Promoter Shareholding	99.91%
Post-Issue Promoter Shareholding	-

 

Vidya Wires IPO Lead Managers

• Pantomath Capital Advisors Pvt.Ltd. 

• IDBI Capital Markets Services Ltd.
  
  

Dividend Policy

The company has not paid a dividend in the past three financial years.

 

 

Conclusion

The Vidya Wires IPO offers a strong manufacturing story backed by a variety of goods, devoted clients, and consistent financial expansion. However, investors must consider the risks associated with sector dependence and the challenges of significant capacity increase.  Only after evaluating your industry prospects, valuations and personal risk profile should you apply.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.