The Vidya Wires IPO opening date is December 3, 2025, and the IPO will close on December 5, 2025. The Vidya Wires IPO is a book-building issue. The company will raise approximately ₹300.01 crore through the IPO, which includes a fresh issue of ₹274 crore and an offer for sale of up to 50,01,000 equity shares with a face value of ₹1.
The price band for the Vidya Wires IPO is ₹48 to ₹52 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The Vidya Wires IPO will be listed on the BSE and NSE on December 10, 2025. The allotment date for the Vidya Wires IPO is December 8, 2025.
The company reported revenue of ₹1,491.45 crore in 2025, compared to ₹1,188.49 crore in 2024. The company reported a profit of ₹40.87 crore in 2025, compared to ₹25.68 crore in 2024. According to financials, IPO investors should apply for the long term.
Vidya Wires IPO Details
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹48 to ₹52 Per Share |
| Issue Size | Approx ₹300.01 Crores |
| Fresh Issue | Approx ₹274 Crores |
| Offer for Sale: | Approx 50,01,000 Equity Shares |
| Issue Type | Book building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Vidya Wires IPO Review & Key Points
- Review: May Apply
- Rating: 3
Vidya Wires IPO Market Lot
The Vidya Wires IPO minimum market lot is 288 shares with ₹14,976 application amount. The retail investors can apply up-to 13 lots with 3,744 shares of ₹1,94,688 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 288 | ₹14,976 |
| Retail Maximum | 13 | 3,744 | ₹1,94,688 |
| S-HNI Minimum | 14 | 4,032 | ₹2,09,664 |
| S-HNI Maximum | 66 | 19,008 | ₹9,88,416 |
| B-HNI Minimum | 67 | 19,296 | ₹10,03,392 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Vidya Wires IPO Anchor Investors
| Anchor Bidding Date | December 2, 2025 |
| Anchor Investors List | |
| Shares Offered | 1,73,07,991 Shares |
| Anchor Size | ₹90.00 Cr. |
| lock-in period end date 50% shares (30 Days) | January 7, 2026 |
| lock-in period end date 50% shares (90 Days) | March 8, 2026 |
Vidya Wires IPO Dates
The Vidya Wires IPO date is December 3 and the close date is December 5. The Vidya Wires IPO allotment will be finalized on December 8 and the IPO listing on December 10.
| IPO Open Date: | December 3, 2025 |
| IPO Close Date: | December 5, 2025 |
| Basis of Allotment: | December 8, 2025 |
| Refunds: | December 9, 2025 |
| Credit to Demat Account: | December 9, 2025 |
| IPO Listing Date: | December 10, 2025 |
| IPO Bidding Cut-off Time: | December 5, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Shyamsundar Rathi, Shailesh Rathi and Shilpa Rathi.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 16,00,00,000 | 99.91% |
| Promoter Holding Post Issue | 21,26,92,307 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure requirements for setting up new project in their subsidiary viz. ALCU | ₹140 |
| Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | ₹140 |
| General corporate purposes. | – |
Vidya Wires IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹1,015.72 | ₹986.67 | ₹21.53 | ₹209.08 |
| 2024 | ₹1,188.49 | ₹1,154.17 | ₹25.68 | ₹247.84 |
| 2025 | ₹1,491.45 | ₹1,436.35 | ₹40.87 | ₹331.33 |
| June 2025 | ₹413.09 | ₹397.15 | ₹12.06 | ₹376.93 |
Vidya Wires IPO Valuation – FY2025
Check Vidya Wires IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.57% |
| ROCE: | 19.72% |
| EBITDA Margin: | 4.32% |
| PAT Margin: | 2.74% |
| Debt to equity ratio: | 0.88 |
| Earning Per Share (EPS): | ₹2.55 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.57% |
| Net Asset Value (NAV): | ₹10.40 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Precision Wires India Limited | 5.04 | 53.45 | 15.63% | 32.25 | 4,014.83 Cr. |
| Ram Ratna Wires Limited | 15.04 | 42.19 | 14.39% | 110.74 | 3,676.75 Cr. |
| Apar Industries Limited | 204.47 | 44.36 | 18.24% | 1,121.17 | 18,581.21 Cr. |
About Vidya Wires IPO
Vidya Wires Limited, incorporated in 1981, is a growing company manufacturing copper and aluminum wires. The company manufactures a wide range of winding and conductivity products, such as precision-engineered wires, copper strips, conductors, busbars, special winding wires, PV ribbons, and aluminum paper-covered strips, serving various industries.
The company's products are known for their conductivity, durability, and thermal efficiency for high-performance operation. The business employs 133 permanent employees and over 385 contract workers. Its products are used in specialized applications such as energy generation, electrical systems, electric mobility, railways, and clean energy. Spanning from 0.07 mm to 25 mm, Vidya Wires manufactures over 6400 types of winding and conductivity products, and plans to expand soon by adding new items like copper foil, solar cables and aluminium.
Vidya Wires Limited, established in 1981, manufactures copper and aluminum wires.
The company manufactures winding and conductivity products for various industries, including precision-engineered wires, copper strips, conductors, busbars, special winding wires, PV ribbons, and aluminum paper-covered strips.
The company's products are used in critical applications such as energy generation, electrical systems, electric mobility, railways, and clean energy, providing conductivity, durability, and thermal efficiency for high-performance, reliable operation.
The company has expanded its manufacturing capacity to 19,680 MT per year and plans to expand it to 37,680 MT per year with the addition of 18,000 MT per year 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 such as copper foil, solar cables, and aluminum winding wire.
Products:
Enameled Copper Winding Wires
Enameled Copper Rectangular Strips
Fiberglass Covered Copper/Aluminum Conductors
Paper Insulated Copper Conductors/Aluminum Conductors (Rectangular and Round)
Twin/Triple Bunched Paper Insulated Copper Strips
Cotton Covered Ropes
PV Ribbon
PV Bus Bars
Copper Bus Bars
As of November 14, 2025, the company had 139 permanent employees and over 394 contract laborers.
Competitive Strengths:
Large customer base, diversified portfolio of products, and de-risked business model with multiple end-user industries.
Backward integration for quality control and sustainability initiatives.
Presence in strategically located regions
Diversified customer base with long-standing relationships with customers and suppliers
Continuous financial performance
Experienced professional management team
IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt. Ltd
- IDBI Capital Markets Services Ltd.
Company Address
Vidya Wires Ltd.
Plot No 8/1-2. GIDC,
Opposite SLS Industries,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 74340 38300
Email: cs@vidyawire.com
Website: http://www.vidyawire.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
hone: +91-22-4918 6270
Email: vidyawires.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html