Vidya Wires IPO allotment: Check status online on MUFG Intime India, NSE, BSE; listing date, time here

Vidya Wires IPO allotment: The basis of allotment of winding and conductivity products Vidya Wires is expected to be finalised on Monday, December 8. Investors who have applied for the IPO can visit the websites of MUFG Intime India, the NSE and the BSE.

The ₹300.01 crore IPO received bids for 1,15,23,55,104 equity shares compared to 4,33,34,009 shares on offer, as per NSE data.

The non-institutional investors category received 51.98 times subscription, while the retail investors quota got subscribed 27.86 times. The part reserved for qualified institutional buyers (QIBs) fetched 5.12 times the subscription.

The company's public offering was a fresh issue of shares worth ₹274 crore as well as an offer for sale (OFS) of ₹26.01 crore.

The money generated will be used for funding capital expenditure needs for setting up new projects in subsidiary ALCU, debt repayment, and for general corporate purposes.

Vidya Wires is a key manufacturer of winding and conductivity products for various critical industries and applications.

Its product includes precision-engineered enamelled wires, paper-insulated copper conductors, enamelled copper rectangular strips, specialised winding wires, PV ribbon, copper busbars and bare copper conductors and aluminium paper-covered strips, among others.

Vidya Wires IPO allotment date and time

How to check Vidya Wires IPO allotment status online on MUFG Intime India

• Visit MUFG Intime India's IPO status page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick ‘Vidya Wires Limited’ from the issue names
• Mention any one PAN, DP/Client ID, Application No or Account No/IFSC
• Hit the ‘Submit’ button

Steps to check Vidya Wires IPO allotment status online on NSE

• Go to the bid finalisation website of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• From two options available, click on ‘Equity & SME IPO bid details’
• Pick 'VIDYAWIRES' from the 'Select Symbol' dropdown list
• Add application number and PAN
• Press the 'Submit' button

Vidya Wires IPO allotment status online on BSE; full steps

• Open BSE's IPO status page: https://bseindia.com/investors/appli_check.aspx.
• Issue type should be kept as 'Equity'
• Choose ‘Vidya Wires Ltd’ from the IPOs list
• Identify yourself using the IPO application number and PAN card details
• Click on the ‘Search’ button

Vidya Wires IPO listing date and time

Shares of Vidya Wires Ltd will be listed on the NSE and the BSE on Wednesday, December 10, at 10 am.

Vidya Wires IPO GMP

According to media reports and investorgain.com, unlisted shares of Vidya Wires Ltd are trading at ₹56, reflecting a grey market premium of 7.69% over the upper price band of ₹52.