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Vidya Wires IPO
Price Band
₹48.0–52.0
Issue Size
₹300.01 Cr
Lot Size
288 shares
Min Investment
₹14,976
GMP
+₹3.5 (6.73%)
Issue Price
₹52.0
Subject to Sauda
₹800
Paid only if allotted
Vidya Wires IPO AI Summary
- Vidya Wires IPO is listed on BSE, NSE in the Aluminium, Copper & Zinc Products sector.
- Price band: ₹48.0–₹52.0 per share, lot size 288 shares (min. investment ₹14,976).
- Subscription window: 03 Dec–05 Dec 2025, listing on 10 Dec 2025.
- Current GMP is +₹3.5 (6.73%), an estimated listing price of ₹56 — unofficial and can change daily.
Vidya Wires Limited is an established manufacturer of copper and aluminum wires, with plans for significant expansion. The IPO is priced at ₹52.0, with a positive grey market premium suggesting favorable market expectations.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Vidya Wires IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 05 Dec 2025 — not a current signal.
Reviewers are split — see individual calls below.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Vidya Wires IPO Grey Market Premium (GMP) Today
GMP
+₹3.5
GMP %
+6.73%
Est. Listing
₹55.5
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminum wires. The company manufactures winding and conductivity products for various industries, including precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, PV ribbons, and aluminum paper-covered strips. The company's products are used in critical applications like energy generation, electrical systems, electric mobility, railways, and clean energy, offering conductivity, durability, and thermal efficiency for high-performance, reliable operations. The company has expanded its manufacturing capacity to 19,680 MT per annum and plans to increase it to 37,680 MT per annum with an additional 18,000 MTPA units in Narsanda, Gujarat. The company manufactures over 8,000 SKUs of winding and conductivity products, ranging from 0.07 mm to 25 mm, and plans to add new products like copper foils, solar cables, and aluminum winding wires. Products: Enameled Copper Winding Wires Enameled Copper Rectangular Strips Fibre Glass Covered Copper/ Aluminium Conductors Paper Insulated Copper Conductors/ Aluminium Conductors(Rectangular & Round) Twin/Triple Bunched Paper Insulated Copper Strips Cotton Covered Ropes PV Ribbon PV Bus Bar Copper Busbar As of November 14, 2025, the company had 139 permanent employees and over 394 contract labourers. Competitive Strengths: De-risked business model with wide customer base, diversified portfolio of products, and multiple end-user industries. Backward integration for quality control as well as sustainability initiatives. Their presence in strategically located region Diversified customer base having longstanding relationships with customers and suppliers Continuous financial performance Experienced professional management team
Company Financials (₹ Cr)
As of 2025-06-30
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 376.93 | 331.33 | 247.84 | 209.08 |
| Total Income | 413.09 | 1,491.45 | 1,188.49 | 1,015.72 |
| Profit After Tax | 12.06 | 40.87 | 25.68 | 21.53 |
| EBITDA | 18.67 | 64.22 | 45.52 | 35.84 |
| NET Worth | 178.37 | 166.36 | 125.54 | 100.11 |
| Reserves and Surplus | 162.37 | 150.36 | 121.54 | 95.86 |
| Total Borrowing | 162.75 | 145.63 | 109.71 | 97.11 |
Key Ratios
EPS
₹2.55
NAV
₹10.40
ROE
24.57%
ROCE
19.72%
RoNW
24.57%
P/B Value
5.00
P/E Ratio
20.36
Market Cap
₹1106.00 Cr
PAT Margin
2.74%
Debt/Equity
0.88
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Apar Industries Limited | 1121.17 | 18.24% | 44.36 | 204.47 |
| Ram Ratna Wires Limited | 110.74 | 14.39% | 42.19 | 15.04 |
| Precision Wires India Limited | 32.25 | 15.63% | 53.45 | 5.04 |
| Vidya Wires Limited This IPO | 10.4 | 24.57% | — | 2.55 |
Promoters
Shyamsundar Rathi, Shailesh Rathi and Shilpa Rathi
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements for setting up new projectin the subsidiary viz. ALCU 140.00 2 Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company 100.00 3 General Corporate Purposes 12.30 4 Issue Expenses 23.76 Total 276.06
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹1,015.72 Cr in the year ending 31 Mar 2023, rising to ₹1,188.49 Cr by 31 Mar 2024, and further increasing to ₹1,491.45 Cr by 31 Mar 2025. However, the most recent figure of ₹413.09 Cr for the period ending 30 Jun 2025 is a 9-month figure and not directly comparable to the full fiscal years.
Profit Trend
Profit after tax was ₹21.53 Cr in the year ending 31 Mar 2023, increasing to ₹25.68 Cr by 31 Mar 2024, and further to ₹40.87 Cr by 31 Mar 2025. The profit after tax for the period ending 30 Jun 2025 was ₹12.06 Cr, which is also a 9-month figure and not directly comparable to the full fiscal years.
Valuation
At the issue price of ₹52.0, Vidya Wires has an implied P/E ratio of 20.36, compared to peer companies with P/E ratios ranging from 42.19 to 53.45.
Grey Market Premium, Explained
The grey market premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists. A positive GMP suggests that the market expects the stock to list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's fundamentals, market conditions, and their own investment strategy.
Who May Want to Wait
Investors who prefer stable, low-risk investments may want to avoid IPOs, as they can be subject to high volatility and uncertainty in the initial trading period.
IPO Timeline, Explained
The IPO opens for subscription on 3rd December 2025 and closes on 5th December 2025. Allotment of shares is expected by 8th December 2025, with the listing date set for 10th December 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when the stock lists on the exchange at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market sentiment and demand.
This evaluation is generated from Vidya Wires's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Vidya Wires IPO GMP today?
Vidya Wires IPO GMP today is +₹3.5 (6.73%), indicating an estimated listing price of ₹56. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Vidya Wires IPO?
The price band of Vidya Wires IPO is ₹48.0–₹52.0 per share.
When does Vidya Wires IPO open and close?
Vidya Wires IPO opens on 03 December 2025 and closes on 05 December 2025.
When does Vidya Wires IPO list on the stock exchange?
Vidya Wires IPO listed on 10 December 2025 at ₹55.5.
What is the lot size for Vidya Wires IPO?
The lot size for Vidya Wires IPO is 288 shares, requiring a minimum investment of ₹14,976.
What is the price band for the IPO?
The price band for the IPO is ₹48.0 to ₹52.0.
What is the minimum investment required?
The minimum investment required is ₹14,976.0.
What is the lot size for the IPO?
The lot size for the IPO is 288 shares.
What is the listing date for the IPO?
The listing date for the IPO is 10th December 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
03 Dec 2025
Close
05 Dec 2025
Allotment
08 Dec 2025
Listing
10 Dec 2025
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