Vidya Wires Limited IPO Details Issue Price, Date, News, Allotment Status, GMP Today, Link, Updates

Vidya Wires Limited IPO Strengths:

• The Company is the 4th largest player in the winding and conductivity products industry in India with a 5.7% market share and an installed capacity of 19,680 MTPA in FY25, as per the CareEdge Report. It plans to expand total capacity to 37,680 MTPA through a new facility in Gujarat under its subsidiary, ALCU Industries Private Limited, strengthening its competitive position and enabling greater product diversification and future growth.
• Its capacity utilisation has strengthened significantly, rising from 70.31% in Fiscal 2023 to 94.51% in Q1FY26. Production volumes have also increased by 29.23% over the last three fiscals, growing from 13,415 MT in Fiscal 2023 to 17,338 MT in Fiscal 2025, reflecting improved operational efficiency.
• It sources copper rods, a key raw material, from copper cathodes. To ensure consistent quality and supply, it has implemented backward integration, producing oxygen-free copper rods in-house. Approximately 35–40% of total copper rod requirements are manufactured internally.
• It is a pre-approved supplier to Power Grid Corporation of India Limited. Additionally, it holds UL certification, enabling the Company to export enamelled copper and aluminium wires (magnet wires) to the United States, thereby strengthening its credibility and access to global markets.
• The Company served 318 customers in Q1FY26 and 458 customers in FY25, of which 206 and 341 were repeat clients, respectively. This demonstrates strong customer retention, reflecting sustained confidence in the Company’s product quality, service excellence, and its ability to maintain long-term, trusted relationships across its client base.
• As of Q1FY26, the Company manufactured 8,512 SKUs of winding and conductivity products, while 6,780 SKUs were produced in FY25. Its broad product range, spanning sizes from 0.07 mm to 25 mm, reflects strong diversification and customized manufacturing capability.
• It reported revenue from operations of ₹1,486.39 crore in FY25, reflecting 25.3% growth over ₹1,186.07 crore in FY24. PAT increased to ₹40.87 crore in FY25, a 59.1% rise from ₹25.69 crore in FY24. In Q1FY26, revenue stood at ₹411.76 crore with a PAT of ₹12.06 crore.
• The Indian wire and cables market were valued at USD 17.70 billion in 2023 and is expected to reach USD 27.80 billion by 2028, growing at a CAGR of 9.5% during this period, primarily driven by government infrastructure investments, green energy initiatives, and rising demand in real estate and industrial sectors.

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Vidya Wires Limited IPO Risk Factors:

• It faces intense competitive pressure from established direct and indirect listed players such as Polycab, Havells, RR Kabel Ltd, Apar Industries Limited, Precision Wires India Ltd, Ram Ratna Wires Ltd, Madhav Copper Ltd and Universal Cables Ltd. The presence of these strong competitors could potentially impact the company’s market share, revenue growth, and overall profitability.
• Copper is a critical raw material for its products. Any increase in copper prices may lead to higher production costs and pricing adjustments, which could adversely impact the company’s revenue and profitability.
• Foreign exchange volatility poses a significant risk to the company, as fluctuations in currency rates related to imported raw materials and export revenues can negatively impact profitability, financial stability, and overall cash flows.

Vidya Wires Limited IPO Outlook:

VWL is a manufacturer of winding and conductivity products of copper and aluminum for a range of critical industries and applications. Capacity expansion from 19,680 MTPA to 37,680 MTPA is expected to enhance operating leverage and market reach. Improving capacity utilisation, rising from 70.31% in FY23 to 94.51% in Q1FY26, reflects robust order momentum. A diversified product portfolio of 8,512 SKUs and a high share of repeat customers strengthen revenue visibility. It reported a 25.3% increase in revenue from operations and a 59.1% rise in PAT in FY25. At the upper price band of ₹52, the issue is price at a P/E of 20.39x on a pre-IPO basis and 27.11x on a post-IPO basis, based on FY25 earnings. Considering the valuation and listed factors, we recommend that investors subscribe to the issue for potential listing gains as well as a medium- to long-term investment horizon.

Vidya Wires Limited IPO Financial Performance:

Vidya Wires Limited IPO Shareholding Pattern:

Vidya Wires Limited IPO FAQ:

Ans. The finalization of Basis of Allotment for Vidya Wires IPO will be done on Monday, December 8, 2025, and the allotted shares will be credited to your demat account by Tuesday, December 9, 2025.

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