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Vidya Wires Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ - cr

Price Range (₹)

₹ 0

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Vidya Wires Ltd IPO Details

    Initial public offer of up to [*] equity shares of face value of Re. 1/- each (Equity Shares) of Vidya Wires Limited (Company or Issuer) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (Offer Price) aggregating up to Rs. [*] crores (Offer) comprising a fresh issue of up to [*] equity shares of face value of Re. 1/- each aggregating up to Rs. 320.00 crores by the company (the Fresh Issue) and an offer for sale of up to 10,000,000 equity shares of face value of Re. 1/- each aggregating up to Rs. [*] crores by the promoter selling shareholders (Offer for Sale) comprising up to 5,000,000 equity shares of face value of Re. 1/- each aggregating up to Rs. [*] crores by Shyamsundar Rathi and up to 5,000,000 equity shares of face value of Re. 1/- each aggregating up to Rs. [*] crores by Shailesh Rathi (Collectively, the Promoter Selling Shareholders and such equity shares, the Offered Shares). The offer shall constitute [*] % of the post-offer paid-up share capital of the company. The face value of the equity shares is Re. 1/- each. the price band and the minimum bid lot size will be decided by the company.

    Objective of issue

    Funding capital expenditure requirements for setting up new project in our subsidiary viz. ALCU. Repayment/Prepayment, in full or part, of all or certain outstanding borrowings availed by our company. General corporat Purposes.

    Vidya Wires Ltd Contact Details

    Vidya Wires Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060