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Vidya Wires IPO Opens December 3; Company Targets Expansion and Debt Reduction

Vidya Wires IPO Opens December 3; Company Targets Expansion and Debt Reduction

Vidya Wires Limited will open its IPO for public subscription on December 03, 2025, closing on December 05, 2025, while the Anchor Investor bidding round will take place on December 02.

The Company has set a price band of ₹48–₹52 per equity share, with bids accepted for a minimum of 288 shares. The IPO includes a fresh issue totalling ₹2,740 million and an Offer for Sale of 5,001,000 shares.

Net proceeds from the fresh issue will be deployed towards a ₹1,400 million capital expenditure for a new ALCU project, ₹1,000 million for debt repayment, and general corporate purposes.

The shares are planned for listing on BSE and NSE, with Pantomath Capital Advisors and IDBI Capital managing the issue as BRLMs.

The IPO follows the Book Building Process, with structured allocations for QIBs, Anchor Investors, NIIs, and retail investors. Dedicated carve-outs have been made for domestic mutual funds, life insurers, and pension funds within the anchor portion.

As per the CareEdge Report, Vidya Wires is the fourth-largest player in its sector, with its products being used across transformers, motors, renewable energy systems, electric vehicles, and transmission networks. The Company caters to over 318 customers, including major domestic and global clients across 18 countries.