Initial public offer of 57,693,307 equity shares of face value of Re. 1/- each ("Equity Shares") of Vidya Wires Limited ("Company" or "Issuer") for cash at a price of Rs. 52 per equity share (Including a Share Premium of Rs. 51 per Equity Share) ("Offer Price") aggregating to Rs. 300.01 crores ("Offer") comprising a fresh issue of 52,692,307 equity shares of face value of Re. 1/- each aggregating to Rs. 274.00 crores by the company (the "Fresh Issue") and an offer for sale of 5,001,000 equity shares of face value of Re. 1/- each aggregating to Rs. 26.01 crores by the promoter selling shareholders ("Offer for Sale") comprising 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.03 Crores by shyamsundar rathi and 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.00 Crores by shailesh rathi ( Collectively, the " Promotor Selling Shareholders" and such equity shares, the " Offered Shares " ). The offer Constituted 27.13% of the post-offer paid-up share capital of the company.
Price Band: Rs. 52/- for equity share of face value of Rs. 1 each.
The floor price is 52 times times the face value times of the face value of the equity shares.
Bids can made for a minimum of 288 equity shares and in multiples of 288 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
03-Dec-2025
05-Dec-2025
₹ 52.00
₹ 0.00
Minimum Application for shares in Nos : 288.0 Further Multiples of : 288.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
261.85
IDBI Capital Markets & Securities Ltd.
Project Financed through Current Offer
300.01
Post Issue Equity Share Capital
21.27
Issue Price
₹52.00
Projects
Funding capital expenditure requirements for setting up new project in its subsidiary viz. ALCU
Repayment/Prepayment, in full or part, of all or certain outstanding borrowings availed by the company