Highlights: Vidya Wires IPO GMP, Subscription Status: Vidya Wires, a key player in the winding and conductive products industry, enters its third day of bidding today, December 5. The coimpany opened its initial public offering (IPO) for subscription on December 3. The issue will remain open for investors until Friday, December 5.
Vidya Wires IPO: Price band of the issue
The price band of the issue is set between Rs 48-52 per share. Each share carries a face value of Rs 1.
| Vidya Wires IPO | Key Details |
| Price Band | Rs 48-52 per share |
| IPO Date | December 3-5 |
| GMP | 11% |
| IPO Allotment date | December 8 |
| Listing date | December 10 |
For those planning to apply, the minimum investment begins with a lot of 288 shares, and investors can bid for more in multiples of this lot size.
Vidya Wires IPO: Size and structure of the issue
Vidya Wires plans to raise a total of Rs 300 crore through the public issue. This includes a fresh issue worth Rs 274 crore. This will bring new funds into the company, and an offer for sale (OFS) of 50.01 lakh shares, estimated at Rs 26 crore, by existing shareholders.
Vidya Wires IPO: Allotment timeline and listing schedule
The IPO allotment is expected to be finalised on Monday, December 8. Refunds to non-allottees and credit of shares to successful applicants are scheduled on the same day. The company’s shares are likely to debut on the BSE and NSE on Wednesday, December 10.
Vidya Wires IPO: Lead managers and registrar
The issue is being managed by Pantomath Capital Advisors and IDBI Capital Markets & Securities, while MUFG Intime India is handling the registrar responsibilities for the IPO.
Vidya Wires IPO Opens for Subscription Live: Follow Live Coverage on Vidya Wires IPO GMP, Subscription Status, Allotment, Listing Date and More
For FY25, Vidya Wires generated Rs 429.2 crore from it’s electrical segment, while the general engineering segment generated Rs 151.6 crore. Vidya Wire’s renewables, EV and automotive segment generated revenue worth Rs 141.3 crore.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Segment wise revenue generation
Vidya Wires IPO Subscription Status, GMP Live Day 3: Segment wise revenue generation
For FY25, Vidya Wires generated Rs 429.2 crore from it’s electrical segment, while the general engineering segment generated Rs 151.6 crore. Vidya Wire’s renewables, EV and automotive segment generated revenue worth Rs 141.3 crore.
Vidya Wires IPO Subscription Status, GMP Live Day 3: How to check allotment status
Vidya Wires IPO Subscription Status, GMP Live Day 3: How to check allotment status
Investors can check the allotment status on the registrar’s official website, such as Link Intime or KFin Technologies, by entering their PAN, application number, or DP ID. Alternatively, allotment details will also appear on the BSE IPO allotment page or directly in brokerage accounts like Zerodha, Upstox, Angel One, or ICICI Direct. Shares for successful applicants will be credited to their Demat accounts by December 9.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Anand Rathi on Vidya Wires
Anand Rathi in its report said, that the company's capacity utilization has seen a significant increase to 94.4% for three months ended June 30, 2025 as compared to it's capacity utilization of 70.3% in FY23.
Over the last three fiscals, their production volumes have also risen by 29.23%, growing from 13,415 MT in Fiscal 2023 to 17,338 MT in Fiscal 2025, the brokerage firm added.
Vidya Wires IPO Subscription Status, GMP Live Day 3: GMP unchanged from Day 2
As per the latest update, the company's shares are currently trading at Rs 57.5 in the unlisted markets, indicating a grey market premium of nearly 11% over the upper price band of its shares.
No movement has been seen in the share's GMP as they were trading at the same price in unlisted markets on Day 2 as well.
However, it is important to note that GMP is an unofficial metric for determining the listing price of shares and fluctuates based on market conditions.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Subscription status
As per the latest update, the company's overall issued has been subscribed 16.46 times. The NII segment is leading the pack as the segment has been subscribed 33.25 times, while the retail induvial investor segment has been subscribed 17.60 times. The QIB segment has seen a subscription of 1.71 times
Vidya Wires IPO Subscription Status, GMP Live Day 3: Repeat customers
For the three month period ended June 30, 2025, Vidya Wires had a total of 318 customer companies. Of these, 206 were repeat customers. The company generated revenue worth Rs 331.7 crore from its repeat customers.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Segment wise revenue generation
For FY25, Vidya Wires generated Rs 429.2 crore from it's electrical segment, while the general engineering segment generated Rs 151.6 crore. Vidya Wire's renewables, EV and automotive segment generated revenue worth Rs 141.3 crore.
For FY25, the company's power and transmission segment generated the highest revenue as compared to its other segment. The power and transmission segment generated revenue worth Rs 714.3 crore.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Supply related risks
Vidya Wires faces significant risks related to supply disruptions owing to its diverse product portfolio and reliance on third party vendors. The company is also heavily dependent on raw materials like copper and aluminium for manufacturing its products. Any disruptions in supply of these commodities adversely affect the company's financial conditions.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Regulatory and risk factors
Like other metal-based manufacturing companies, Vidya Wires faces risks from fluctuations in copper and aluminum prices, which directly impact margins. The business also operates with a relatively high working capital cycle due to inventory and receivable requirements. Competition from low-cost and unorganized players continues to influence pricing in several product categories. In addition, the company’s performance depends on demand trends in automotive, electronics, and power equipment industries, exposing it to potential cyclical slowdowns.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Use of funds and future plans
The company plans to utilize IPO proceeds for multiple purposes, including debt repayment of around Rs 75-85 crore, capital expenditure of Rs 120–Rs 140 crore, and working capital support of Rs 35-50 crore. The proposed capex includes expansion of capacity for copper and specialty wires, upgrades in automation, and strengthening its R&D and testing capabilities.
Vidya Wires IPO Subscription Status, GMP Live Day 3: How to check allotment status
Investors can check the allotment status on the registrar’s official website, such as Link Intime or KFin Technologies, by entering their PAN, application number, or DP ID. Alternatively, allotment details will also appear on the BSE IPO allotment page or directly in brokerage accounts like Zerodha, Upstox, Angel One, or ICICI Direct. Shares for successful applicants will be credited to their Demat accounts by December 9.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Allotment and key dates
The basis of allotment for the Vidya Wires IPO will be finalized on December 8. Refunds for non-allottees and share credits for successful investors will take place on December 9. The shares are scheduled to list on BSE and NSE on December 10.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Subscription status and GMP
As of December 4, the IPO has been subscribed around 2.41 times overall, indicating steady interest across categories. The retail portion is subscribed nearly 3.5 times, while the NII segment stands at 1.8 times and the QIB portion at around 1.1 times.
In the grey market, the stock is trading at a premium of about Rs 5 per share, suggesting an estimated listing price near Rs 57.
Vidya Wires IPO Subscription Status, GMP Live Day 3: Price band and lot size
The company has fixed the IPO price band at Rs 48 to Rs 52 per share, with a face value of Rs 1. The minimum lot size for retail bidders is 288 shares, which translates to a minimum investment of Rs 14,976 at the upper price band. Investor allocation is divided into 50% for QIBs, 15% for NIIs, and 35% for retail investors. Retail investors can apply for up to 13 lots, amounting to a maximum investment of around Rs 1.94 lakh.
Vidya Wires IPO Subscription Status, GMP Live Day 3: IPO opening and closing details
The Vidya Wires IPO opened for subscription on December 3, and will close today, December 5. The issue size stands at Rs 300.01 crore, comprising a fresh issue of Rs 274 crore and an offer for sale of Rs 26.01 crore. The offer is structured as a book-built IPO and is open to retail, non-institutional, and qualified institutional investors. Based on the upper price band, the IPO consists of approximately 5.76 crore equity shares.
Vidya Wires IPO Subscription Status, GMP Live Day 2: What will Vidya Wires do with IPO proceeds?
The company plans to allocate Rs 140 crore of the IPO proceeds to establish a new project for its subsidiary, ALCU Industries. Out of the Rs 300 crore raised in total, Rs 100 crore will go toward debt repayment, while the remaining amount will be used to support general corporate and business operations.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Latest GMP
The latest GMP for Vidya Wires IPO stands at Rs 5.50. With the IPO price band set at Rs 52, this implies an estimated listing price of Rs 57.50. That reflects a potential gain of about 10.58% per share.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Allocation
The total issue size is Rs 300.01 crore, comprising a Rs 274 crore fresh issue and a Rs 26.01 crore offer for sale by existing promoters. Allocation follows standard norms: 75% for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 10% for retail investors.
Vidya Wires IPO Subscription Status, GMP Live Day 2: GMP down from Day 1
As per the latest update the company’s GMP has done down from its Day 1 of bidding. Yesterday, the shares of the company were trading at Rs 58.5 on the upper price band. Today the company’s share are trading at Rs 57 in the unlisted markets, indicating a down of Rs 1.5. However, GMP is not an official metric for the listing price. It fluctuates based on market conditions and at best shows investor sentiment.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Financial performance
Vidya Wires reported a 25% rise in revenue and a 59% increase in profit after tax (PAT) from FY24 to FY25. The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin improved to 4.32%, while net worth grew from Rs 125.54 crore to Rs 166.36 crore. Its debt-to-equity ratio stands at 0.88, indicating moderate leverage.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Use of IPO proceeds
The fresh issue funds will be used to expand capacity and product range in its subsidiary ALCU, repay or prepay borrowings to reduce leverage and interest costs, and for general corporate purposes including working capital and operational contingencies.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Allocation
The total issue size is Rs 300.01 crore, comprising a Rs 274 crore fresh issue and a Rs 26.01 crore offer for sale by existing promoters. Allocation follows standard norms: 75% for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 10% for retail investors.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Revenue from exports
Of its total revenue from operations, the company's generated 11.2% of it revenue from exports. For the period ended June 30, 2025 the company generated a total revenue of Rs 411.7 crore. The total revenue from international operations stood at Rs 46.1 crore.
SEBI has imposed penalties on several promoters of the company alleging engagement in non-genuine reversal of trades leading to the creation of a false market in the past, SBI Securities said in a report. However, the matter was settled after the payment of penalties, it added. Such notices can impact the company's integrity further impacting its business.
Vidya Wires IPO Subscription Status, GMP Live Day 2: SKUs manufactured over years
For the period ending June 30, 2025, Vidya Wires manufactured a total of 8,512 stock keeping units. For FY25, the company had manufactured 6,780 SKUs, in FY24 the count for the same stood at 5,202, and for FY23 4,680 SKUs were manufactured.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Utlization of funds
The company will utilize Rs 140 crore of the raised capital towards setting up a new project for its subsidiary ALCU industries plant. Of the total raised Rs 300 crore, Rs 100 crore will be diverted towards the payment of its debts, and the remaining balance will be used for general business requirements.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Anand Rathi on Vidya Wires
"At the upper price band, the company is valued at 27.0x FY25 P/E, translating to a post-issue market cap of ₹11,060 million ," Anand Rathi said in a report. The brokerage further said that the IPO appears to be fairly values and has given it 'Subscribe – Long Term'
rating.
Vidya Wires IPO Subscription Status, GMP Live Day 2: Subscription details
The day 2 of bidding has seen a heavy subscription for Vidya Wires IPO, with the issue being subscribed by 4.88 times in total. Retail Individual Investors category led the pack seeing a subscription of 7.12 times. While Non Institutional Investors segment has been subscribed 5.46 times. The QIB segment has been subscribed 0.48 times as per the latest update.