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Open Date
03 Dec 2025
Close Date
05 Dec 2025
Min Investment
₹14976
Lot Size
288 Shares
Issue Size
₹300.01 Cr
Price Range
₹48 - ₹52
Listing Date
Dec 10, 2025
Incorporated in 1981, Vidya Wires Limited is engaged in manufacturing copper and aluminum wires.The company produces a wide range of winding and conductivity products, such as precision-engineered wires, copper strips, conductors, busbars, specialized wires for windings, PV ribbons, and aluminum paper-covered strips.The products of the company find critical applications in energy generation, electrical systems, electric mobility, railways, and clean energy, offering conductivity, durability, and thermal efficiency for high-performance, reliable operations.The company has expanded its manufacturing capacity to 19,680 MT per annum and intends to expand it to 37,680 MT per annum by adding an extra 18,000 MTPA units in Narsanda, Gujarat.The company is a pre-approved supplier to Power Grid Corporation of India and UL-approved for exporting enameled copper/aluminum wire to the USA. Its operations in Anand, Gujarat, benefit from nearby ports for logistics.The company produces over 6,400 SKUs of winding and conductivity products, ranging from 0.07 mm up to 25 mm, with plans to add new products such as copper foils, solar cables, and aluminum winding wires. The company has 133 permanent employees as of December 31, 2024, besides more than 385 contract labourers.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |
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Earning Expansion
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The company will deploy ₹140 crore as capex for a new project in ALCU. The company will use ₹100 crore to repay certain outstanding borrowings. Part of the IPO proceeds will be used for general corporate purposes.
Capital expenditure
51.09%
Repayment of borrowings
36.5%
General corporate purposes
12.41%
The company will deploy ₹140 crore as capex for a new project in ALCU.
The company will use ₹100 crore to repay certain outstanding borrowings.
Part of the IPO proceeds will be used for general corporate purposes.
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 30-Jun-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 413.09 | 1491.45 | 1188.49 | 1015.72 |
| EBITDA | 18.67 | 64.22 | 45.52 | 35.84 |
| Expenses | ||||
| Profit After Tax | 12.06 | 40.87 | 25.68 | 21.53 |
| Assets | 376.93 | 331.33 | 247.84 | 209.08 |
| Net Worth | 178.37 | 166.36 | 125.54 | 100.11 |
| Reserves | 162.37 | 150.36 | 121.54 | 95.86 |
| Borrowing | 162.75 | 145.63 | 109.71 | 97.11 |
Shyamsundar Rathi
Shailesh Rathi
Shilpa Rathi
99.91%
72.80%
Vidya Wires
Plot No 8/1-2, GIDC, Opposite SLS Industries, Vithal Udyognagar, Anand, Gujarat, 388121
MUFG Intime India Pvt.Ltd
Vidya Wires works with marquee names like Adani Wilmar, Schneider Electric, Suzlon, TMEIC and others, supported by high repeat business contributing 80.55% as of June 2025 and 94.28% in FY25. Global presence is expanding with 11.20% as of June 2025, 13.57% in FY25 and 13.64% in FY25. Strong supplier partnerships with Vedanta, Hindalco, Union Copper Rod, etc. help ensure raw material reliability.
The company’s operating facilities are located in Anand, Gujarat, giving it the advantage of access to various seaports in Gujarat for the import and export of material, mainly Hazira and Mundra. It benefits from a strong footprint in Western India, with 68.66% of revenues from Gujarat and Maharashtra as of June 2025. Both states are major hubs for power, engineering and metals manufacturing, with Gujarat being the 2nd largest bauxite producer in India (~8.8% share), supporting aluminium-based product demand.
Copper-based product revenue stood at 96.29% in FY23, 94.73% in FY24, 93.18% in FY25 and 93.27% as of June 2025, showing limited product diversification. Any adverse changes in the conditions affecting such products’ market or any slowdown in demand can adversely impact the business, financial condition and its operations.
Top 5 suppliers accounted for 82.21% of purchases in FY23, 89.27% in FY24, 86.26% in FY25, and 89.82% as of June 2025 and the largest supplier alone contributed 42.32%, 38.66%, 37.45% and 34.75% in these respective periods. Any supply disruption at Vedanta or Marubeni( the company’s top 2 suppliers) could significantly affect production continuity.