Vidya Wires IPO GMP at ₹10

IPO Opens Dec 3

Vidya Wires IPO opens December 3-5, 2024. Price band: ₹48-₹52 per share. Mainboard listing expected on December 10 on BSE and NSE.

Strong GMP of ₹10

Current grey market premium is ₹10, showing 19.23% gain potential. Expected listing price around ₹62 per share based on market trends.

Low Investment Amount

Minimum lot: 288 shares = ₹14,976 investment. Retail quota: 35%. Maximum 13 lots allowed for retail investors.

Revenue Growth 25%

Revenue jumped from ₹1,188 crore to ₹1,491 crore Univest, showing strong business momentum and market demand.

Profit Surge 59%

PAT increased from ₹25.68 crore to ₹40.87 crore Univest, indicating excellent operational efficiency and profitability.

Industry Leader

4th largest manufacturer with 19,680 MT capacity. Produces winding wires, copper busbars, and specialized conductors.

Global Presence

Serves 370+ customers including 40+ international clients across 20+ countries