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Home
InvestmentsIPOVidya Wires IPO

Vidya Wires IPO

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Open Date

3 Dec 2025

Close Date

5 Dec 2025

Min Investment

₹ 13,824

Max Investment

₹ 5,00,000

Lot Size

288

Issue Size

₹ 322.84 Cr

Price Range

₹ 48 - ₹ 52
status

IPO Closed Now.

IPO Timeline
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IPO Offer Start
3 Dec 2025
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IPO Offer Ends
5 Dec 2025
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Allotment Finalisation
8 Dec 2025
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Refund Initialisation
9 Dec 2025
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Non-Institutional Buyers (sHNI)
9 Dec 2025
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Listing of Shares
10 Dec 2025
IPO Subscription Details as on 8 Dec 2025, 12:25 PM
Qualified Instituational Buyers (QiB)
5.12 x
Retail
27.17 x
Total
26.23 x
Non-Institutional Buyer (bHNI)
47.54 x
Non-Institutional Buyer (sHNI)
60.62 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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Financials of Vidya Wires IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue1,011.441,186.071,486.39
Other Income4.282.425.06
Total Income
1,015.721,188.491,491.45
Total Expenses
986.671,154.171,436.35
Profit Before Tax29.0534.3255.10
Total Profit
21.5025.6940.87

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize funds for establishing a new manufacturing unit at Village Narsanda, Taluka Nadiad, Gujarat through its subsidiary ALCU. The project will have installed capacity of 18,000 MTPA and will manufacture various products including Copper Busbar, Continuously Transposed Copper Conductors, PV Round Ribbon, Solar Cables, and Aluminium Products.140
The company intends to de-leverage its financial position by utilizing funds towards repayment/prepayment, in part or full, of all or a portion of the outstanding borrowings. This will help reduce outstanding indebtedness, maintain favorable debt-equity ratio, and reduce interest outflow.100
The company proposes to deploy funds towards general corporate purposes including funding growth opportunities, strengthening marketing capabilities, buying assets, expansion into existing and newer segments, business development initiatives, and employee welfare activities, subject to not exceeding 25% of Gross Proceeds.-
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  • Among the top 5 manufacturers in its Industry in India: The company is the 4th largest manufacturer in the Indian winding and conductivity product industry with 5.7% market share of installed capacity in FY25, expected to become 3rd largest post expansion with 11.0% market share.
  • De-risked business model with a wide customer base, a diversified portfolio of products and multiple end-user industries: The company serves over 318 customers across 18+ countries with no single customer contributing over 9% of annual revenues, manufacturing over 8,000 SKUs across multiple end-user industries.
  • Backward integration for quality control as well as sustainability initiatives: The company manufactures 35%-40% of copper rods in-house from copper cathodes and sources 25% of power requirements from renewable sources like solar and windmills with ISO certifications.
  • Strategic location in Gujarat with logistics convenience: The company's operating facilities are located in Anand, Gujarat with access to major seaports like Hazira and Mundra, generating 68.66% revenue from Gujarat and Maharashtra states.
  • Diversified customer base having longstanding relationships with customers and suppliers: The company maintains relationships spanning over decades with repeat customers contributing 80.55%-94.28% of revenue and has over ten years of relations with major suppliers including Vedanta Limited.
  • Continuous financial performance: The company is one of the fastest growing with 21.23% Revenue CAGR, 33.86% EBITDA CAGR, and 37.86% PAT CAGR from Fiscal 2023 to 2025, maintaining profitability for 40 years.
  • Experienced professional management team: The company is led by experienced promoters Shyamsundar Rathi (four decades experience) and Shailesh Rathi (two decades experience) supported by experienced functional department managers.

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