Vidya Wires IPO GMP, Price, Allotment, Profit Estimate 2025

Vidya Wires IPO Description – Established in 1981, Vidya Wires is the fourth-largest manufacturer in India’s winding and conductivity products industry, commanding a 5.9% market share of installed capacity in FY24. The company specializes in precision-engineered solutions, including enameled copper rectangular strips, paper-insulated copper conductors, copper busbars, bare copper conductors, PV ribbon, and aluminum paper-covered strips, serving critical applications in power transmission, electric mobility, renewable energy, and railways. Vidya Wires operates with a current installed capacity of 19,680 MTPA, with plans to nearly double it to 37,680 MTPA through an 18,000 MTPA expansion project at Narsanda, Gujarat.

The company’s production volume has grown 26.99% over three fiscals, reaching 15,426 MT in FY24 with a capacity utilization of 89.98% as of 30 September 2024. Vidya Wires supplies over 6,400 SKUs across 370+ customers, with no single customer contributing more than 9% of revenue, ensuring a de-risked revenue model. Over 26% of its power is sourced from renewable energy. Long-standing partnerships with clients like Adani Wilmar and suppliers like Vedanta and Hindalco underscore its robust supply chain and industry reputation.

Promoters of Vidya Wires – Shyamsundar Rathi, Shailesh Rathi, and Shilpa Rathi

Vidya Wires IPO Details

Vidya Wires IPO Dates	Coming soon
Vidya Wires IPO Price	Coming soon
Fresh issue	INR 320 crore
Offer For Sale	1,00,00,000 shares
Total IPO size	Coming soon
Minimum bid (lot size)	Coming soon
Face Value	INR 1 per share
Retail Allocation	35%
Listing On	NSE, BSE

Vidya Wires Financial Performance

	FY 2022	FY 2023	FY 2024	H1 FY 2025
Revenue	912.58	1,011.44	1,186.07	754.44
Expenses	890.57	986.67	1,154.17	732.93
Net income	19.73	21.50	25.69	17.47
Margin (%)	2.16	2.13	2.17	2.32

Figures in INR Crores unless specified otherwise

Vidya Wires Offer News

Vidya Wires Valuations & Margins

	FY 2022	FY 2023	FY 2024 (Pre Issue)	FY 2025 (Post-Issue)*
EPS	1.23	1.34	1.61	1.09
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2025

	FY 2022	FY 2023	FY 2024
RONW (%)	25.19	21.48	20.47
NAV	4.90	6.26	7.85
ROCE (%)	14.76	16.87	18.25
EBITDA (%)	3.40	3.54	3.87
Debt/Equity	1.54	0.97	0.87

*Compiled by IPO Central from Prospectus

Vidya Wires IPO GMP Today (Daily Trend)

Vidya Wires IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

Funding capital expenditure requirements for setting up a new project in its subsidiary, viz. ALCU – INR 140 crore
Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company – INR 100 crore
General corporate purposes

Vidya Wires IPO Subscription – Live Updates

Coming soon

NA Shares allotted to anchor investors are not included in these calculations.

Vidya Wires – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Vidya Wires	–	1.61	20.47	7.85	1,186.07
Precision Wires	38.68	4.08	14.39	28.35	3,301.69
Ram Ratna Wires	44.85	11.88	12.64	98.20	2,983.25

Vidya Wires IPO Allotment Status

Vidya Wires IPO allotment status will be available on MUFG Intime’s website. Click on this link to get allotment status.

Vidya Wires IPO Dates & Listing Performance

IPO Opening Date	Coming soon
IPO Closing Date	Coming soon
Finalization of Basis of Allotment	Coming soon
Initiation of refunds	Coming soon
Transfer of shares to demat accounts	Coming soon
Vidya Wires IPO Listing Date	Coming soon
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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Vidya Wires Offer Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki Vihar Road,
Andheri East, Mumbai – 400 072 Maharashtra, India
Phone: +91 18008898711
Email: [email protected]
Website: www.pantomathgroup.com

Vidya Wires Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

VIDYA WIRES LIMITED
Plot No. 8/1-2, GIDC, Opposite SLS Industries,
Vithal Udyognagar, Anand- 388 121 Gujarat, India
Phone: +91 74340 38300/301
Email: [email protected]
Website: www.vidyawire.com

Vidya Wires IPO FAQs

How many shares in Vidya Wires IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for Vidya Wires Public Offer?

The best way to apply for Vidya Wires public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.