The Vidya Wires IPO is structured as a book-built issue of ₹300.01 Cr. The issue combines a fresh issue of 5.27 Cr shares worth ₹274.00 Cr and an offer-for-sale of 0.50 Cr shares worth ₹26.01 Cr.
The bidding period for the Vidya Wires IPO starts on 3 December 2025 and ends on 5 December 2025. The expected date for the IPO allotment is 8 December 2025. The listing of the IPO on the BSE and NSE is scheduled for December 10, 2025.
The Vidya Wires IPO has been set at a price band of ₹48 to ₹52 per share. The minimum retail lot size is 1 lot with 288 shares worth ₹14,976, based on the upper band. The starting point for sNII applicants is 14 lots, with 4,032 shares at ₹2,09,664, while bNII bidders need 67 lots and 19,296 shares, totalling ₹10,03,392.
Vidya Wires IPO Details
| IPO Opens | 3 December 2025 |
| IPO Closes | 5 December 2025 |
| Face value | ₹1 per share |
| Price Band | ₹48 to ₹52 per share |
| Issue price | – |
| IPO Lot Size | 288 lots |
| Offer for sale | 50,01,000 shares (₹26.01 Cr) |
| Fresh issue | 5,26,92,307 shares (₹274.00 Cr) |
| Issue Type | Book-Built Mainboard IPO |
| Listing | BSE, NSE |
| Total Issue Size (₹ Crore) | ₹300.01 |
| Minimum Investment | ₹14,976 |
Vidya Wires IPO Timeline
| Bidding Opens | 3 December 2025 |
| Bidding Closes | 5 December 2025 |
| Allotment Date | 8 December 2025 |
| Refunds Initiated | 9 December 2025 |
| Credit of Shares to Demat Account | 9 December 2025 |
| Listing Date | 10 December 2025 |
| UPI mandate Cut-off time | 5 PM, 5 December 2025 |
Vidya Wires IPO DRHP Status
| Filed with SEBI/Exchange | 11 January 2025 |
| SEBI/Exchange approval received | 4 June 2025 |
Vidya Wires Key Performance Indicator
| KPIs | 2025 | 2024 | 2023 |
| ROE (%) | 24.57 | 20.47 | 21.48 |
| ROCE (%) | 19.72 | 18.25 | 16.87 |
| Debt-Equity Ratio (in times) | 0.88 | 0.87 | 0.97 |
| RoNW (%) | 24.57 | 20.47 | 21.48 |
| PAT Margin (%) | 2.74 | 2.16 | 2.12 |
| EBITDA Margin (%) | 4.32 | 3.84 | 3.54 |
| Price-Book Value | – | – | – |
Vidya Wires IPO Financial Information
| 2025 | 2024 | 2023 | |
| Revenue | 1,486.39 | 1,186.07 | 1,011.44 |
| Total Asset | 331.33 | 247.84 | 209.08 |
| Profit | 40.87 | 25.69 | 21.50 |
Vidya Wires IPO Grey Market Premium (GMP Today)
The Vidya Wires GMP today holds at ₹6, showing strong investor demand in the grey market. The premium has, however, decreased from ₹62 to ₹58 over the last few days, suggesting cooling sentiment, likely as investors reassess pricing and overall market mood.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 3 December 2025 | ₹6 | ₹58 | ₹1728 (11.54%) | 🔽 Slight Dip |
| 2 December 2025 | ₹6 | ₹58 | ₹1728 (11.54%) | 🔽 Slight Dip |
| 1 December 2025 | ₹6 | ₹58 | ₹1728 (11.54%) | 🔽 Slight Dip |
| 30 November 2025 | ₹10 | ₹62 | ₹2880 (19.23%) | 🔼 Up |
GMP rates are drawn straight from the grey market, and they can move fast as investor interest, subscription levels, and market sentiment change.
What is Vidya Wires IPO GMP Percentage?
The Vidya Wires IPO GMP percentage works out to around 11.54%, as of 3 December 2025. This comes from the current GMP of ₹6 over the upper price band of ₹52, which matches the estimated listing gain.
Vidya Wires IPO Reservation
| Category | Shares Offered % | Shares offered |
| Market Makers | – | – |
| QIB Shares Offered | 50% | 2,88,46,653 |
| Retail Investors | 10% | 86,53,996 |
| NII shares offered (HNI) | 15% | 2,01,92,658 |
| Total Shares Offered | 100% | 5,76,93,307 |
Vidya Wires IPO Lot Size
| Application | Lot Size | Shares | Amount(in ₹) |
| Retail Investors (Min) | 1 | 288 | 14,976 |
| Retail Investors (Max) | 13 | 3,744 | 1,94,688 |
| S-HNI (Min) | 14 | 4,032 | 2,09,664 |
| S-HNI (Max) | 66 | 19,008 | 9,88,416 |
| B-HNI (Min) | 67 | 19,296 | 10,03,392 |
Promoter Holding of Vidya Wires Ltd.
| Pre-Issue Holding | 99.91% |
| Post-Issue Holding | 72.80% |
Vidya Wires IPO Anchor Investors Details
Vidya Wires IPO secured funds from anchor investors, with the allocation going to the listed anchor institutions.
| Bidding on | 2 December 2025 |
| Shares Offered | 1,73,07,991 |
| Anchor Investor Issue Size (in Cr.) | 90 |
| Lock-in expiry date for 50% of the shares after 30 days | 7 January 2026 |
| Lock-in expiry date for the remaining shares after 90 days | 8 March 2026 |
Vidya Wires IPO Prospectus
About Vidya Wires Limited
| Founded in | 11 December 1981 |
| Managing Director | Shailesh Rathi |
| Parent Organisation | – |
| Services/Products Offered | Manufacture winding and conductivity products |
| Book running lead managers | Pantomath Capital Advisors Private Ltd., IDBI Capital Markets & Securities Ltd. |
| Registrar to the offer | MUFG Intime India Private Ltd. |
Objectives of the Vidya Wires
| Particulars | Amount (in ₹ Cr) |
| Capital expenditure for new project in subsidiary | 140.00 |
| Payment of borrowings | 100.00 |
| Corporate Requirements | – |
Strength Of Vidya Wires
- Among top players: The company ranks among India’s top five manufacturers in its category and stands as the fourth-largest producer of winding and conductivity products.
- Risk-free business model: The company’s business setup is built to minimise risks, backed by a wide mix of products and exposure to multiple end-user sectors.
- In-House Quality Backbone: The company keeps control over raw material quality and sustainability practices, ensuring consistency across production.
- Wide & Loyal Customer Network: The company has long-term ties with both domestic and global clients and suppliers, giving it a strong understanding of market behaviour at home and abroad.
Risk of Vidya Wires
- Dependence on Key Sectors: The company derives at least 80% of its revenue from power, engineering, and electrical sectors, so a slowdown there can directly hit its performance.
- Raw Material Volatility: The price swings or delays in the company’s raw materials can disrupt costs, production timelines, and overall financial stability.
- Policy and Regulatory Shifts: The company’s compliance pressure will increase, and profitability will be impacted if any changes in trade rules or domestic regulations occur.
- Uncertain Market for Shares: The company currently has no trading market for its Equity Shares, and the offer price may not match how the stock actually trades after listing.
Vidya Wires IPO Review
Vidya Wires Ltd. comes with a growing track record, rising revenue, and improving margins over the past three years. Its position among the top players in winding and conductivity products adds credibility, backed by a diversified business model and strong customer relationships.
The main risks come from depending too much on the sector, changing raw material prices, and possible rule changes. The IPO’s reasonable GMP trend and the stable financial profile suit investors who are looking for consistent industrial exposure rather than high-volatility bets.
Other Recent IPO List
Here’s a list of current and upcoming IPOs in India 2025:
| Helloji Holidays IPO | Invicta Diagnostic IPO |
| Neochem Bio IPO | Meesho IPO |
| Milky Mist Dairy IPO | Clear Secured IPO |
| ICICI Prudential IPO | Exato Technologies IPO |
Vidya Wires IPO FAQs
The Vidya Wires IPO is a ₹300.01 Cr mainboard issue, offering both fresh shares and an offer-for-sale. It includes 5.27 Cr fresh shares and 0.50 Cr shares under offer-for-sale. The company manufactures winding and conductivity products and plans to list on both BSE and NSE.
The interested investors can apply through a stockbroker or trading app using the ASBA option via net banking or through UPI-based applications. First, they need to select the IPO, enter the lot quantity, approve the UPI mandate, and then, the exchange confirms the bid.
The company has growing revenue, stable margins, and strong sector presence. The risks exist due to sector dependence and raw material price swings, but the fundamentals are steady. It suits investors seeking long-term industrial exposure rather than short-term speculative bets. Overall, the IPO looks balanced.
The latest Vidya Wires IPO GMP is ₹6, and the expected listing gain is around 11.54%. The GMP can change quickly, so this isn’t guaranteed, but it gives a rough idea of current sentiment.
The Vidya Wires IPO opens for subscription on 3 December 2025 and remains open until 5 December 2025.
The minimum lot size for the Vidya Wires IPO is 288 shares, costing ₹14,976 at the upper price band.
The Vidya Wires IPO allotment is scheduled for 8 December 2025, with refunds and demat credit expected on 9 December 2025.
The Vidya Wires IPO is expected to list on 10 December 2025 on both BSE and NSE.
