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IPO Synopsis

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Vidya Wires Ltd
Registered Office: No.8/1-2 GIDC,Vithal Udyognagar , Anand - 388121 , Gujarat , India.
Phone : +91 74340 38300/301
Fax :
Email :  cs@vidyawire.com  
Website :  www.vidyawire.com
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
Opened On Closed On Offer Price Application
03-Dec-25 05-Dec-25 ₹  52.00 ₹  52.00
Minimum Application for shares in Nos :288  Further Multiples of :288

  Lead Managers to the Issue
Project Cost ₹   261.85 Cr
IDBI Capital Markets & Securities Ltd.
Pantomath Capital Advisors Private Ltd.
Project Financed through Current Offer ₹   300.01 Cr  
Post Issue Equity Share Capital ₹   21.27 Cr  
Face Value ₹   1  
 
Projects
Funding capital expenditure requirements for setting up new project in its subsidiary viz. ALCUGeneral corporat Purposes
Repayment/Prepayment, in full or part, of all or certain outstanding borrowings availed by the company
Promoted By
Shyamsundar Rathi  
Shailesh Rathi  
Shilpa Rathi  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
 

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