Cables and Wires
Sub Sector: Manufacturers of winding and conductivity products
The Company is one of the largest manufacturers of winding and conductivity products for a range of critical industries and applications.Their product portfolio includes precision-engineered Wires, Enameled Copper Rectangular Strips, Paper Insulated Copper Conductors, Copper Busbar and Bare Copper Conductors, Specialised Winding Wires, PV Ribbon And Aluminum Paper Covered Strips, among others.Their products are used in varied critical applications such as energy generation & transmission, electrical systems, electric motors, clean energy systems, electric mobility, railways. Used for conductivity, durability, and thermal efficiency, their productsare integral to high-performance applications where reliability is crucial. (Source: CareEdge Report). They are 4th largest manufacturers in their industry with a 5.9% market share of installed capacity in their industry in FY24 in India as per the CareEdge Report. With plans to expand manufacturing capabilities and further diversify their product range, the Company seeks to enhance its market position.
Since their incorporation in the year 1981, they have expanded their business, scale of operations and delivered variety of products, creating their position in the winding and conductivity products. From time=to-time, they have made investment, in their manufacturing facilities to expand their installed capacity up to a current level of 19,680 MT per annum. Further, they propose to increase installed capacity to 37,680 MT per annum by installing additional 18,000 MTPA in their new manufacturing unit at Narsanda, Taluka Nadiad–387345, Gujarat, India (“Proposed Project” )under their wholly owned subsidiary company, ALCU Industries Private Limited, which is 15kms from their existing operatingfacilities.Their capacity utilisation has improved from 65.80% in Fiscal 2022 to 89.98% during the six months period ended September 30, 2024.
MUFG Intime India Private Limited
Vidya Wires operates in Cables and Wires and Manufacturers of winding and conductivity products. The Issue would be listed on MainBoard. The registrar of the Issue is MUFG Intime India Private Limited. The IPO type of Vidya Wires is Book Building Process and Object of issue is
Merchant Banker of Vidya Wires IPO is Pantomath Capital Advisors Private Limited , Idbi Capital Market Services Limited
The DRHP (Draft Red Herring Prospectus) of Vidya Wires IPO was filed on 11 Jan 2025.
No, Vidya Wires IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Vidya Wires are not available now. You can apply in Vidya Wires IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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