Vidya Wires IPO
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Vidya Wires IPO details
Schedule of Vidya Wires
| Issue open date | 03 Dec 2025 |
| Issue close date | 05 Dec 2025 |
| UPI mandate deadline | 05 Dec 2025 (5 PM) |
| Allotment finalization | 08 Dec 2025 |
| Refund initiation | 09 Dec 2025 |
| Share credit | 09 Dec 2025 |
| Listing date | 10 Dec 2025 |
| Mandate end date | 20 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 07 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 08 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Vidya Wires
Vidya Wires is a manufacturer of winding and conductivity products used in energy, electrical systems, electric mobility, railways, and clean energy applications. Established in 1981, the company has built a strong presence with a wide product portfolio that includes enameled wires, copper and aluminium conductors, busbars, PV ribbon, and specialised winding wires. Vidya Wires is the 4th largest player in the industry with 5.7% market share of installed capacity in FY25, supported by ISO-certified operations and UL approval for exports to the USA. Its facilities in Anand, Gujarat provide strategic access to key ports for both exports and raw material imports.
Over the years, the company has expanded capacity and customer reach, operating at 94.51% utilisation while serving over 450 customers without dependence on any single buyer. Vidya Wires plans to scale further by increasing total installed capacity from 19,680 MTPA to 37,680 MTPA through a new unit under its subsidiary, ALCU Industries. The company continues to diversify into new copper and aluminium product categories and follows sustainability practices, sourcing around 25% of power from renewable energy. With a broad product mix, industry certifications, and a derisked customer base, Vidya Wires is positioned for continued growth in domestic and global markets.
Financials of Vidya Wires
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 300.01 |
| Fresh Issue – Proceeds go to the company | 274 |
| Offer for sale – Proceeds go to the existing investors | 26.01 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding capital expenditure for setting up new project in subsidiary ALCU | 140 (51.09%) |
| Repayment / prepayment of outstanding borrowings | 100 (36.50%) |
| General corporate purposes | 34 (12.41%) |
Strengths
- Wide product portfolio of copper wires and conductors for multiple industrial applications.
- Long-standing industry presence with strong customer relationships.
- In-house manufacturing facilities ensuring quality and customization control.
- Diverse client base across power, electrical, automotive and engineering sectors.
- Experienced promoters with deep technical and business expertise.
Risks
- High dependency on copper prices creates raw material cost volatility.
- Working capital–intensive operations may impact liquidity.
- Revenue concentration risk from a limited number of large customers.
- Competition from domestic and global wire and conductor manufacturers.
- Exposure to strict industry quality standards and certification requirements.
Allotment Status for Vidya Wires
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
Subscription Figures for Vidya Wires
As per media reports (Link), the Grey Market Premium (GMP) of Vidya Wires is reported at ₹6 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on December 03, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 115.39 | 58.30 | 0.51x |
| NII | 86.54 | 319.03 | 3.69x |
| Retail | 201.93 | 875.44 | 4.34x |
| Total | 403.85 | 1252.78 | 3.1x |