Sunday May 10, 2026
The News Strike
24NewsHour
The News Equity The News Equity
  • Home
  • Business
  • News Update
  • Education
  • Technology
  • Sports
    • Entertainment
  • Health
    • Privacy Policy
  • About
The News Equity

Breaking News

Genus Innovation Unveils Hi-FLO Hybrid Solar Inverter; Strengthens Play in

Lauritz Knudsen Fuels India’s Next Energy Chapter with Its Most

  1. Home
  2. Business
  3. Vidya Wires Limited’s Initial Public Offer to open on December 03, 2025
 Vidya Wires Limited’s Initial Public Offer to open on December 03, 2025
Business

Vidya Wires Limited’s Initial Public Offer to open on December 03, 2025

by Ankur Sharma December 1, 2025 0 Comment

Vidya Wires Limited (The “Company”), shall open the Bid/Offer in relation to its initial public offer of Equity Shares on December 03, 2025.

The Price Band of the Offer has been fixed at ₹ 48 to ₹ 52 per Equity Share. (“Price Band”). Bids can be made for a minimum of 288 Equity Shares and in multiples of 288 Equity Shares thereafter.

The initial public offer comprises of Equity Shares of face value ₹ 1 per share (“Total Offer Size”) comprising of a fresh issue of up to ₹ 2,740 million [₹ 274 Crore] (“Fresh Issue”) and an offer for sale of up to 5,001,000 Equity Shares (“Offer for Sale”).

The Anchor Investor Bidding Date shall be December 02, 2025. The Bid / Offer shall open for public on December 03, 2025 and the Bid/Offer shall close on December 05, 2025.

The Company proposes to utilize the net proceeds from the Fresh Issue towards (i)Funding capital expenditure requirements for setting up new project in subsidiary viz.ALCU amounting to ₹1,400 million [₹140 crore]; (ii) Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company estimated amounting to ₹ 1,000 million [₹ 100 crore]; and general corporate purposes.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE, and together with the BSE, the “Stock Exchanges”). For the purposes of the Offer, the Designated Stock Exchange shall be BSE.

Pantomath Capital Advisors Private Limited and IDBI Capital Markets & Securities Limited, are the book running lead managers to the Offer (the “BRLMs“).

All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the Red Herring Prospectus.

Previous post
Next post

Ankur Sharma (Website)

administrator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Education
  • Entertainment
  • Health
  • News Update
  • Politics
  • Sports
  • Technology
  • TNE
The News Equity The News Equity

Get The Post

Business
News Update
Education
Technology
Sports

Other Links

Entertainment
Law
Health

Quick Links

About Us
The News Strike
24 News Hour

Follow Us

Subscribe

© Copyright 2026. All rights reserved.