Vidya Wires entered the public markets on 10 December 2025 with a flat listing, as its shares opened at ₹52 on the NSE, matching the issue price. On the BSE, the stock started at ₹52.13, marking a slight gain of 0.25%. The debut came after the company successfully closed its ₹300.01 crore initial public offering, which drew substantial investor interest across categories.
Despite the strong subscription numbers, the listing remained unchanged from the issue price, reflecting a restrained market response on the opening day.
Vidya Wires IPO Structure
The Vidya Wires IPO comprised a fresh issue of 5.27 crore shares amounting to ₹274 crore and an offer for sale (OFS) of 0.50 crore shares totalling ₹26.01 crore. The price band for the offer was set at ₹48 to ₹52 per share, and investors were required to apply for a minimum of 200 shares, translating into an investment of ₹14,976 at the upper price.
The public issue opened for subscription from 3 to 5 December, with allotments finalised on 8 December. Under the allocation structure, 50% of the net offer was reserved for qualified institutional buyers (QIBs), 35% for retail investors and the remaining 15% for non-institutional investors (NIIs).
Pantomath Capital Advisors Pvt. Ltd. acted as the book-running lead manager, while MUFG Intime India Pvt. Ltd. served as the registrar.
Strong Subscription Highlights Investor Interest
Despite the flat listing, the IPO attracted robust demand during the bidding period. The offer received 28.53 times subscription overall, with the NII segment subscribed 55.94 times, the retail category subscribed 29.98 times, and the QIB portion subscribed 5.45 times.
Across both exchanges, Vidya Wires logged 115.23 crore bids against 4.03 crore shares on offer, signalling wide market participation.
Separately, the company secured ₹90 crore from anchor investors on 2 December. The anchor book included participation from Bandhan Mutual Fund, Bank of India Mutual Fund, LIC Mutual Fund, Maybank Securities, MAIQ Growth Scheme and Alchemy Emerging Leaders of Tomorrow Series 2.
Planned Utilisation of IPO Proceeds
Vidya Wires intends to deploy the fresh issue proceeds towards several strategic objectives. The company will allocate ₹140 crore to fund capital expenditure for new projects within its subsidiary, ALCU. A further ₹100 crore is earmarked for repayment or prepayment of outstanding borrowings. The balance amount will be applied towards meeting general corporate requirements.
About Vidya Wires
Vidya Wires ranks among India’s leading manufacturers of winding and conductivity solutions, supplying essential components for a wide range of industrial applications. The company’s extensive portfolio includes enamelled wires, winding wires, copper busbars, bare copper conductors, enamelled copper rectangular strips, paper-insulated copper conductors, PV ribbons and aluminium paper-covered strips.
Its listed peers include Precision Wires India, Ram Ratna Wires and Apar Industries, placing Vidya Wires within an established and specialised industry segment.
People Also Read:
- Meesho IPO: Stellar Market Debut as Stock Lists Nearly 46% Above Issue Price
- Excelsoft Technologies IPO: Shares List at a 12.5% Premium on NSE & BSE
- Capillary Technologies IPO: Shares List Marginally Lower at ₹571.90 on NSE
- Fujiyama Power Systems IPO: Shares Make Weak Market Debut, List at 4% Discount
- Tenneco Clean Air IPO Listing: Strong Market Debut with 27% Premium
Conclusion
The Vidya Wires IPO witnessed strong investor participation across categories, although the shares opened flat on debut at ₹52. With the company set to channel proceeds towards capacity expansion, debt reduction and broader corporate initiatives, the listing marks the beginning of its journey as a publicly traded entity. Vidya Wires’ diversified product range and established position within the industrial solutions sector underline its potential as it transitions into the post-listing phase.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
