Vidya Wires Limited is set to launch its initial public offering on December 3, 2025, aiming to raise ₹300.01 crore to fund capacity expansion and debt repayment. The company, a leading manufacturer of winding and conductivity products like enamelled wires and copper busbars, has fixed its price band at ₹48-₹52 per equity share. Market enthusiasts are actively tracking the IPO GMP, which currently ranges from ₹6 to ₹10, reflecting a premium of nearly 19% over the upper price band. This positive IPO GMP signals healthy appetite from investors, supported by the company’s profitable track record and 59% PAT growth in FY25.

Vidya Wires operates a robust manufacturing ecosystem in Gujarat, supplying critical components to sectors like power transmission, EVs, and railways. This strong industrial positioning is a key driver behind the optimistic IPO GMP figures. The IPO includes a fresh issue of ₹274 crore, which will primarily fund a new project under its subsidiary ALCU, alongside a small Offer for Sale (OFS). While the IPO GMP offers a glimpse into potential listing gains, analysts advise looking at the company’s 4th largest market share status and operational efficiency. With the allotment date slated for December 8 and listing on December 10, the grey market activity remains a crucial short-term indicator for retail investors assessing the listing potential.