Vidya Wires IPO Day 1: Subscription Surges 1.37x with Retail Investors Leading

Vidya Wires Ltd. launched its Initial Public Offering (IPO) on December 3, 2025, with the subscription window open until December 5, 2025. The IPO is aiming to raise ₹300.01 crore, with ₹274 crore from a fresh issue and ₹26.01 crore from the offer for sale (OFS). On Day 1, the IPO saw a strong subscription rate of 1.37x, with the retail category subscribed 1.94x, Non-Institutional Investors (NII) subscribed 1.21x, and Qualified Institutional Buyers (QIBs) at 0.47x.