Vidya Wires IPO
Vidya Wires Limited (VIDYAWIRES) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 10 December 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +7.2% (likely range -8% to +20%), day's high +12.7%, chance of a gain 50%. Actual: 0.0% at the open, +12.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,22,91,842 | 6,29,24,832 | 5.12x | |
| NII (HNI) total | 93,12,650 | 48,40,92,000 | 52.0x | |
| Big NII (above ₹10 lakh) | 62,08,434 | 29,51,44,992 | 47.5x | |
| Small NII (₹2-10 lakh) | 31,04,216 | 18,89,47,008 | 60.9x | |
| Retail | 2,17,29,517 | 60,53,38,272 | 27.9x | |
| Total | 4,33,34,009 | 1,15,23,55,104 | 26.6x |
Bids on NSE and BSE together, as published by NSE, as of 05 Dec 2025, 07:00 PM. Shares offered exclude the anchor portion. 44% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Vidya Wires's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Stove KraftJan 2021 | 8.02x | 32.7x | 26.0x | 18.0x | ₹413 Cr | +29.4% | +29.4% |
| Pyramid TechnoplastAug 2023 | 9.94x | 32.2x | 14.7x | 18.3x | ₹153 Cr | +12.7% | +13.2% |
| Deepak Builders & Engineers IndiaOct 2024 | 13.9x | 82.5x | 39.8x | 41.5x | ₹260 Cr | -1.5% | -1.5% |
| Sah PolymersJan 2023 | 2.40x | 32.7x | 39.8x | 17.5x | ₹66.3 Cr | +30.8% | +37.3% |
| R K SwamyMar 2024 | 20.6x | 34.4x | 34.0x | 25.9x | ₹424 Cr | -13.2% | -1.1% |
| Valiant LaboratoriesOct 2023 | 20.8x | 73.6x | 16.1x | 29.8x | ₹152 Cr | +15.8% | +21.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Pantomath Capital Advisors | 19 | +20.0% | 79% |
| IDBI Capital Markets and Securities | 4 | +52.8% | 75% |
Offer documents (NSE)
Frequently asked
What is the Vidya Wires IPO price band and lot size? ₹48.0–52.0 per share, with a lot of 288 shares, so the smallest retail bid is ₹14,976.
How many times has it been subscribed? 26.6x overall: QIB 5.12x, NII 52.0x, retail 27.9x.
How did it list? It opened at ₹52.0, +0.0% against the issue price of ₹52.0, and closed its first day +2.2%.
