Vidya Wires IPO ends with strong demand as subscription reaches 8.26 times

Vidya Wires closed its IPO with 8.26-times subscription, supported by strong market sentiment, a high grey-market premium and broad optimism ahead of the company’s listing.

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Vidya Wires IPO ends with strong demand as subscription reaches 8.26 times

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Vidya Wires IPO ends with strong demand as subscription reaches 8.26 times
Vidya Wires closed its IPO with 8.
Investor participation in the Vidya Wires IPO remained robust, closing with an 8.26 times subscription across categories. Strong retail and institutional interest reflected confidence in the company’s growth plans and operational footing. Grey market premiums signaled optimistic expectations for post listing performance, though such indicators remain speculative. 
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