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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
Opens on Closes On Application Allotment
03-Dec-25 05-Dec-25 52.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 288   Further Multiples of : 288
  Rs(Cr.) Lead Managers to the Issue
Project Cost 261.85 IDBI Capital Markets & Securities Ltd.
Project Financed through Current Offer 300.01  
Post Issue Equity Share Capital 21.27  
Issue Price 52.00  

Project

  • 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

Shyamsundar Rathi

Shailesh Rathi

Shilpa Rathi

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd