Vidya Wires IPO opens December 3 with ₹300 crore issue size

Vidya Wires IPO opens on December 3, targeting ₹300 crore with a price band of ₹48-52/share, expected to deliver 17-25% listing gains.

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Vidya Wires IPO opens December 3 with ₹300 crore issue size

Vidya Wires IPO opens December 3 with ₹300 crore issue size
Vidya Wires is opening its ₹300 crore IPO on December 3, with a price band of ₹48-52 per share. The company, which reported FY25 revenue of ₹1,491 crore (up 25% YoY), plans to use the proceeds for capex and debt reduction. The grey market premium (GMP) stands at ₹9-10, indicating potential listing gains of 17-25%. The IPO includes a minimum lot size of 288 shares.
Companies:
  • Vidya Wires
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  • Vidya Wires
  • IPO