IPO Synopsis
| Vidya Wires Ltd |
|---|
| Registered Office: No.8/1-2 GIDC,Vithal Udyognagar,Anand-388121, Gujarat |
| Tel. No: +91 74340 38300/301 |
| Fax No: NA |
| 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 | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 03-Dec-2025 | 05-Dec-2025 | ₹52.00 - 0.00 | |
| Minimum Application for shares in Nos : 288.0 | Further Multiples of :288.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 261.85 | IDBI Capital Markets & Securities Ltd. |
| Project Financed through Current Offer | 300.01 | Pantomath Capital Advisors Private Ltd. |
| Post Issue Equity Share Capital | 21.27 | |
| Issue Price | 52.00 |
| Projects |
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| 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 |
| General corporat Purposes |
| Promoted By |
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| Shyamsundar Rathi |
| Shailesh Rathi |
| Shilpa Rathi |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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