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Vidya Wires Ltd
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Registered Office:
No.8/1-2 GIDC,Vithal Udyognagar
,
Anand
-
388121
,
Gujarat
, India.
Phone :
+91 74340 38300/301 Fax:
Email : cs@vidyawire.com
Website : www.vidyawire.com
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Initial public offer of 57,693,307 equity shares of face value of Re. 1/- each ("Equity Shares") of Vidya Wires Limited ("Company" or "Issuer") for cash at a price of Rs52 per equity share (Including a Share Premium of Rs51 per Equity Share) ("Offer Price") aggregating to Rs300.01 crores ("Offer") comprising a fresh issue of 52,692,307 equity shares of face value of Re. 1/- each aggregating to Rs274.00 crores by the company (the "Fresh Issue") and an offer for sale of 5,001,000 equity shares of face value of Re. 1/- each aggregating to Rs26.01 crores by the promoter selling shareholders ("Offer for Sale") comprising 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs13.03 Crores by shyamsundar rathi and 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs13.00 Crores by shailesh rathi ( Collectively, the " Promotor Selling Shareholders" and such equity shares, the " Offered Shares " ). The offer Constituted 27.13% of the post-offer paid-up share capital of the company.
Price Band: Rs52/- for equity share of face value of Rs1 each.
The floor price is 52 times times the face value times of the face value of the equity shares.
Bids can made for a minimum of 288 equity shares and in multiples of 288 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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03-Dec-25
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05-Dec-25
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Rs 52.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :288 Further
Multiples of :288
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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261.85
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| IDBI Capital Markets & Securities Ltd. |
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Project Financed through Current Offer
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300.01
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Post Issue Equity Share Capital
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21.27
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Issue Price
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Rs 52.00
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