Vidya Wires Share Price, IPO GMP, Results, Returns and Should You Buy?
Last updated: 3 November 2026
The Vidya Wires share price is around ₹82 on the NSE (latest quote, 30 October 2026), roughly 58% above its IPO price of ₹52 but about 30% below its 52-week high of ₹117.35. The Anand, Gujarat-based maker of copper and aluminium winding wires listed on 10 December 2025 after a ₹300 crore mainboard IPO that was subscribed roughly 20 to 29 times, and it listed flat at its issue price of ₹52. The stock then rallied strongly through 2026 before falling sharply in late October. This guide covers the latest NSE snapshot, recent sessions, the IPO and its GMP trend, business overview, financial highlights, valuation, technical levels, what to watch and a balanced answer to the question most readers ask: should you buy Vidya Wires now?
Vidya Wires Share Price Today: Live Snapshot
| Parameter | Value |
| Company | Vidya Wires Ltd |
| Exchange / Symbol | NSE: VIDYAWIRES | BSE: 544633 |
| ISIN | INE14UN01029 |
| Vidya Wires share price today (NSE) | Approx. ₹82.25 (late-morning trade) |
| Day high / low | ₹85.00 / ₹81.25 |
| IPO issue price | ₹52 |
| Listing price (NSE) | ₹52 (flat) |
| 52-week high / low | ₹117.35 / ₹42.51 |
| Market cap | Approx. ₹1,750 crore |
| Stock P/E (TTM) | Approx. 27x |
| Book value per share | Approx. ₹22.7 |
| Dividend yield | 0% |
| Face value | ₹1 |
| Category | Small cap, copper and aluminium winding wires and conductors |
Vidya Wires Last Trading Sessions
| Session | Open (₹) | High (₹) | Low (₹) | Close / Last (₹) | Change |
| 30 Oct (late morning) | – | 85.00 | 81.25 | 82.25 | Sharp fall |
| 19 Oct | – | 95.30 | – | 92.09 | – |
| 11 Oct | 97.93 | – | – | 97.93 | -0.04% |
| 6 Oct | – | – | – | 95.83 | +5.0% |
| 1 Oct | 93.92 | 93.92 | 89.69 | 91.20 | -3.4% |
| Listing day (10 Dec 2025) | 52.13 (BSE open) | – | – | 52 | Flat |
The stock held in a roughly ₹90–98 range in early October, then slipped to the low ₹80s in the final days of the month, about 30% below the 52-week high. Single-day moves of 3–5% are common, and the stock has been much more volatile than the broader market.
Vidya Wires IPO: Subscription, GMP and Listing Recap
The IPO is closed, so the grey market premium (GMP) no longer matters for new investors. Here is how it played out.
| IPO Detail | Information |
| Issue size | ₹300 crore (fresh issue ₹274 crore + offer for sale ₹26 crore) |
| Price band | ₹48 – ₹52 per share |
| Lot size | 288 shares (₹14,976 at the upper band) |
| Subscription dates | 3–5 December 2025 |
| Overall subscription | Reported between about 20x and 29x across sources; NSE listing-day figure was 19.9x |
| Book-running lead managers | Pantomath Capital Advisors and IDBI Capital Markets |
| Listing | NSE ₹52 (flat), BSE opened ₹52.13 |
| Market cap at listing | Approx. ₹1,100 crore |
| GMP Trend | GMP (₹) | Implied Premium |
| 29 Nov – 1 Dec (peak) | ₹10 | 19% |
| 2–6 Dec (issue period) | ₹5–6 | 10–12% |
| 5 Dec (close of issue) | ₹5.50 | 10.6% |
| 8–9 Dec | ₹4 | 8% |
| 10 Dec (listing morning) | ₹3.50–4 | 7% |
The GMP was never strong. It peaked at ₹10 in late November and drifted down to about ₹3.50 just before listing, which implied a debut around ₹55.50. The stock listed at exactly ₹52, which is below the grey market estimate. This was a flat debut, and the company was among the few recent mainboard issues to list at its issue price despite a healthy subscription.
Vidya Wires Business Overview
Vidya Wires is one of India’s larger manufacturers of winding and conductivity products, based in Anand, Gujarat. Its products include copper and aluminium winding wires, conductors and related items used in transformers, motors, generators and electrical equipment. The company says it offers more than 8,000 SKUs, ranging from very fine to thick gauges.
| Business Metric | Detail |
| Headquarters | Anand, Gujarat |
| Sector | Winding wires and conductors (electrical equipment) |
| Market position | Among India’s top winding wire manufacturers by installed capacity |
| Product range | More than 8,000 SKUs |
| Installed capacity (before expansion) | Approx. 19,680 tonnes a year |
| Capacity after ALCU expansion | Approx. 37,680 tonnes a year |
| Fresh issue use | About ₹140 crore for the ALCU plant; about ₹100 crore for debt repayment |
| Regional mix (FY25) | About 71% of revenue from the Western Zone |
Winding wires go into transformers, motors and generators, so demand tracks power transmission, renewables, electric vehicles, railways and infrastructure. The company’s largest end-use is power and transmission, which accounts for about half its revenue.
Vidya Wires Financial Highlights
| Year | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | PAT Margin |
| FY23 (Mar 2023) | 1,011 | 21.5 | About 2.1% |
| FY24 (Mar 2024) | 1,186 | 25.7 | About 2.2% |
| FY25 (Mar 2025) | 1,486 | 40.9 | About 2.7% |
| FY26 (Mar 2026) | – | Approx. 58 (reported) | – |
| Growth and return snapshot | Figure |
| Revenue CAGR (FY23–FY25) | About 21% |
| FY25 revenue growth | About 25% |
| FY25 PAT growth | About 59% |
| ROE (FY25) | About 24.6% |
| ROCE (FY25) | About 19.7% |
| Debt to equity (FY25) | About 0.88 |
| EBITDA margin (FY25) | About 4.3% |
| Repeat revenue | About 94% (FY25) |
The business has grown revenue and profit consistently. Margins, however, are thin: the company keeps only about 2.7 paise of every rupee of sales as profit, so small changes in costs or pricing matter a lot. Its FY26 profit reportedly rose by more than 40% to about ₹58 crore, though the full FY26 revenue figure was not verified for this article.
Vidya Wires Valuation and Key Ratios
| Ratio | Value |
| Stock P/E (TTM) | Approx. 27x |
| EPS (TTM) | Approx. ₹3.0 |
| Book value per share | Approx. ₹22.7 |
| Price to book | Approx. 3.6x |
| Return on equity | Varies by source: about 12% to 25% |
| Debt to equity | About 0.14 to 0.88 (varies by source and date) |
| Dividend yield | 0% |
| Market cap | Approx. ₹1,750 crore |
| P/E at IPO price of ₹52 | About 17x on the same EPS |
At around 27 times earnings and roughly 3.6 times book, the stock now carries a premium valuation for a business with thin margins and a cyclical end market. Its P/E was much lower at listing, so the rally has been driven by investor enthusiasm for the energy transition and capacity expansion rather than by a sudden jump in profit.
Vidya Wires vs Peers
Vidya Wires has been compared with listed peers such as Precision Wires, Ram Ratna Wires and Apar Industries. Peer comparisons at IPO showed Vidya with a higher return on equity but a lower market valuation than some of these names. Current peer multiples were not verified for this article, so check the latest figures before drawing conclusions.
Vidya Wires Shareholding
| Category | Detail |
| Promoter and promoter group | Not verified for this article |
| Public and institutional split | Not verified for this article |
The shareholding breakdown was not confirmed for this article. Check the latest quarterly shareholding filing on the NSE or BSE website for the promoter, FII, DII and public split.
Vidya Wires Returns and Price Range
| Comparison | Approx. Return |
| Since IPO price of ₹52 | About +58% |
| Since listing price of ₹52 | About +58% |
| From 52-week high of ₹117.35 | About -30% |
| From 52-week low of ₹42.51 | About +93% |
| 52-Week Metric | Value |
| 52-week high | ₹117.35 |
| 52-week low | ₹42.51 |
| Below 52-week high (at ₹82.25) | Approx. 30% |
| Above 52-week low | Approx. 93% |
Vidya Wires Technicals: Key Price Levels
The levels below come from recent price action. They are reference points, not forecasts.
| Level | Price (₹) | Why it matters |
| Resistance 3 | 117.35 | 52-week high |
| Resistance 2 | 97–98 | Early-October trading zone |
| Resistance 1 | 92 | Mid-October close |
| Current price | 82.25 | – |
| Support 1 | 81.25 | Today’s low |
| Support 2 | 73.65 | Level seen in April 2026 |
| Support 3 | 52 | IPO and listing price |
The stock has broken below the ₹92 level that it held through mid-October. Traders will watch whether the ₹81 low holds; a break below it would point towards the ₹73–74 zone from April.
What to Watch Next
- ALCU plant commissioning: the new 18,000-tonne unit in Narsanda, Gujarat, is the main growth driver. Delays or cost overruns would hit sentiment.
- Copper and aluminium prices: raw material is the largest cost, so metal price volatility directly affects margins. This is the most important risk to watch.
- Quarterly results: whether revenue growth and margin trends from FY25 and FY26 continue into the new financial year.
- Power and renewables demand: orders from transformer makers, renewable developers and EV-related businesses.
- Debt levels: the ₹100 crore debt repayment from the IPO should show up in lower borrowing costs.
- Reasons for the late-October fall: check company announcements and market news to understand the recent sell-off before acting.
Should You Buy Vidya Wires Share Now?
No article can tell you what is right for your portfolio, so here is the evidence on both sides. This is not investment advice.
| Points in Favour | Points of Caution |
| Revenue grew about 21% a year from FY23 to FY25 | Net profit margin is thin, at around 2.7% |
| Profit reportedly grew more than 40% in FY26 | Copper and aluminium price swings can squeeze margins quickly |
| ROE of about 25% in FY25 | Stock is about 30% below its 52-week high after a sharp fall |
| ALCU expansion is set to almost double installed capacity | Valuation has risen to about 27x earnings and 3.6x book |
| About 94% of revenue comes from repeat customers | Return ratios vary sharply by source, so verify before relying on them |
| Broad exposure to power, renewables, EVs and railways | Flat listing and modest GMP show the IPO was not strongly priced for a big debut |
| Stock is still about 58% above its IPO price | Returns have been driven by sentiment more than a sudden profit jump |
How different investors may look at it:
| Investor Type | Possible View |
| IPO allottee | Sitting on a solid gain over the ₹52 issue price, and may set targets around the ₹92 and ₹117 levels |
| Long-term growth investor | May like the capacity expansion and energy transition theme, but should watch margins and metal prices |
| Value-oriented | Will find the 27x P/E and 3.6x book hard to justify on thin margins |
| Short-term trader | Will watch the ₹81 support, the ₹92 resistance and the ₹73 April level |
The honest summary: Vidya Wires is a growing, well-established winding wire maker that has rewarded IPO investors so far, and its expansion could widen its business. But margins are thin, the business is exposed to volatile metal prices, and the share price has become expensive relative to profit and fallen sharply in recent weeks. Anyone considering it should decide their time horizon, position size and risk limit first, and speak to a SEBI-registered advisor.
Vidya Wires Stock Summary: Where It Stands Today
The stock is near ₹82, about 58% above its ₹52 IPO price but roughly 30% below its 52-week high of ₹117.35. The company has a solid profit record, a major capacity expansion underway and low repeat-customer risk, but its margins are thin, its valuation has risen, and metal price swings make earnings hard to predict. Bookmark this page for the latest price and results data.
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FAQs on Vidya Wires
About ₹82 on the NSE, based on the latest quote from 30 October 2026.
₹52 per share, at the upper end of the ₹48–52 band.
₹52 on the NSE, a flat listing with no premium. The BSE opened at ₹52.13.
It peaked at ₹10 in late November and fell to about ₹3.50 just before listing, implying a debut near ₹55.50. The stock listed at ₹52.
Figures varied across sources, from about 20 times to about 29 times. The NSE listing-day figure was 19.9 times.
It manufactures copper and aluminium winding wires and conductors used in transformers, motors, generators and other electrical equipment, from Anand, Gujarat.
Revenue from operations was about ₹1,486 crore and profit after tax was about ₹40.9 crore, up roughly 25% and 59% respectively.
No dividend has been declared.
₹117.35 and ₹42.51.
NSE: VIDYAWIRES and BSE: 544633.