Last updated on December 2nd, 2025 at 12:53 am
| Check Vidya Wires DRHP filing with SEBI. | Check Vidya Wires IPO allotment status |
Vidya Wires Ltd is one of the largest manufacturers of winding and conductivity products for a range of critical industries and applications. It manufactures high-quality copper and copper-alloy winding wires used across electrical, automotive, and industrial applications. It also specializes in producing enamelled wires, submersible winding wires, and related electrical conductors that serve critical power-transmission and motor-winding needs.
Vidya Wires has filed DRHP for its IPO to raise money as Fresh issue of ~₹ 274 crore & an OFS of ₹ 26.1 (up to 1 crore shares).
Price band for the IPO is ₹ 48-52 & it is open for Subscription from 3rd Dec’25.
Revenue, PAT, EBITDA of Vidya Wires
| Year | FY 2024 |
| Networth | ~ ₹ 125.53Cr |
| Revenue: | ~ ₹ 1186.07 Cr |
| EBITDA | ~ ₹ 45.55 Cr |
| PAT | ~ ₹ 25.69 Cr |
| EBITDA Margin: | ~3.84% |
| PAT Margin | ~2.16% |
Vidya Wires Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2022 | ₹ 912.5 | ₹ 19.7 | ₹ 210.7 | ₹ 78.3 |
| 2023 | ₹ 1,101.4 | ₹ 21.5 | ₹ 209.1 | ₹ 100.1 |
| 2024 | ₹ 1,186.1 | ₹ 25.7 | ₹ 247.8 | ₹ 125.5 |
Vidya Wires IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 02-Dec | ₹ 48-52 | ₹ NA | – | ₹ – | ₹ – |
| 01-Dec | ₹ 48-52 | ₹ 08 | Positive | ₹ 60 | ₹ 2304 |
| 30-Nov | ₹ 48-52 | ₹ 08 | Positive | ₹ 60 | ₹ 2304 |
| 29-Nov | ₹ 48-52 | ₹ 08 | Positive | ₹ 60 | ₹ 2304 |
| 28-Nov | ₹ 48-52 | ₹ NA | Positive | ₹ – | ₹ – |
Vidya Wires IPO Pros & Cons
Strengths:
- Strong presence in India’s fast-growing electrical and energy-equipment market.
- Diversified product portfolio across copper and aluminium conductors.
- 370+ customers ensuring stable demand visibility.
- Established legacy since 1981, backed by experienced promoters.
- Rising industry demand from EVs, renewables and power-transmission sectors.
Risks:
- Highly competitive and fragmented wire-manufacturing industry.
- Profitability exposed to copper and aluminium price fluctuations.
- Revenue dependent on industrial and infrastructure spending cycles.
- Working-capital intensive operations may pressure liquidity.
- IPO valuation may stretch if priced aggressively, limiting listing gains.
Vidya Wires: IPO date & invest detail
| IPO Open Date: | 03 Dec’25 |
| IPO Close Date: | 05 Dec’25 |
| Anchor Investor Bidding | 02 Dec’25 |
| IPO Allotment Date: | 06 Dec’25 |
| Refunds & Demat Credit | 07 Dec’25 |
| Tentative Listing Date: | 08 Dec’25 |
| IPO Category | Mainboard |
| Symbol | |
| Face Value: | Rs. 01 per Equity Share |
| Issue Size: | ~ ₹ 300.01 Crore |
| Lot Size: | 288 |
Vidya Wires IPO Composition & Proceeds
| Fresh Issue: | ~ ₹ 274 Crore |
| Offer for Sale: | ~ ₹ 26.1 Crore |
| Employee reservation | – |
| Price Range | ₹ 48-52 |
| Use of Proceeds: | |
| Borrowing payment | ~ ₹ 100 Cr |
| Funding of capital expenditure | ~ ₹ 140 Cr |
| General Corporate Purpose | Balance |
| Technology & Infrastructure | – |
| IPO Listing on: | BSE – NSE |
| Retail Quota: | ≥ 35% |
| QIB Quota: | ≤ 50% |
| NII Quota: | ≥ 15% |
Vidya Wires Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | 288 | 1 | 288 | ₹ 14,976 |
| Retail (Max) | 288 | 13 | 3,744 | ₹ 1,94,688 |
| Small HNI (Min) | 288 | 14 | 4,032 | ₹ 2,09,664 |
| Small HNI (Max) | 288 | 66 | 19,008 | ₹ 9,88,416 |
| Big HNI (Min) | 288 | 67 | 19,296 | ₹ 10,03,392 |
Core Offerings of Vidya Wires
It manufactures precision engineered enameled copper wires, paper-insulated copper conductors, aluminium winding wires, copper busbars and bare copper conductors – serving sectors such as energy generation & transmission, e-mobility, electrical systems, railways and clean energy.
Vidya Wires ‘s customer reach/market share/No. of stores
The company operates manufacturing facilities in Gujarat, with a current installed capacity of 19,680 MTPA, planning expansion to 37,680 MTPA. It supplies across 20 states/union territories, with over 370 customers.
Vidya Wires Promoters – Pre offer equity (Approx)
| Shyamsundar Rathi | ~44.38% |
| Shailesh Rathi | ~47.49% |
| Shilpa Rathi | ~0.29% |
| Promoter Group includes Brijlata Rathi | ~4.49% |
Lead Managers / Registrars of Vidya Wires
| Lead / Book Running Lead Managers | Pantomath Capital Advisors Pvt Ltd, IDBI Capital Markets & Securities Ltd |
| Registrar (RTA) | MUFG Intime India Pvt Ltd |
Founding Year of Vidya Wires & Managing Director
The company was incorporated on 11 December 1981.
Mr. Shailesh Rathi is the Managing Director.
Vidya Wires FAQ
Q1. What is the business of Vidya Wires?
Vidya Wires specializes in manufacturing copper & aluminium winding wires, bare conductors, busbars and other specialty conductor products that power industries such as energy transmission, EVs, renewables and industrial electricals.
Q2. Why is the company raising funds via IPO?
Vidya wires is using fresh issue to expand manufacturing capacity, repay borrowings and meet general corporate needs while offer-for-sale is for promoter’s exit. This strengthens the balance sheet and supports growth.
Q3. What is the size of the issue and where will it list?
The IPO issue size is up to ₹ 300.01 Crore. It will be listed on both the BSE Limited and the National Stock Exchange of India (NSE).
Q4. What are the risks to an investor?
Risks to invest in the IPO include exposure to raw-material price volatility (copper & aluminium), cyclical demand in infrastructure/industrial sectors, high working-capital needs.
Q5. What are the potential upsides?
Vidya Wires is among India’s top 5 in its sector and has 370+ customers globally, solid growth drivers (EVs, renewables, power transmission) and its plan for capacity expansion – offering potential upside with better execution.
Q6. How to apply for the IPO?
You apply via your broker’s IPO or ASBA platform: select the issue, choose lots once the price band opens, block funds via UPI or bank ASBA, and await allotment. Easy digital participation.
Q 7. When is the tentative listing date?
The IPO opening and listing dates are yet to be announced.
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For further information you can visit official website of Vidya Wires
