IPO Details

About Company

Vidya Wires Ltd., incorporated in 2001, is a prominent player in the manufacturing of high-quality wire and cable products, serving a diverse range of industries including construction, automotive, and telecommunications. The company operates under the Vidya Group, which has established a strong reputation in the electrical components sector. Vidya Wires boasts an extensive product portfolio that includes insulated wires, power cables, and specialty cables, catering to both domestic and international markets. With state-of-the-art manufacturing facilities located in Maharashtra, the company has a robust production capacity that enables it to meet growing demand efficiently. Geographically, Vidya Wires has a significant presence across India and has begun to expand its footprint in overseas markets, leveraging a well-structured distribution network comprising wholesalers, retailers, and direct sales channels. As per the latest financials, Vidya Wires reported a total income of ₹250 crores, with a net profit of ₹30 crores, translating to an EBITDA margin of 15%. The company has demonstrated strong financial health with a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%. The debt-equity ratio stands at a manageable 0.5, indicating prudent financial management. The objectives of the IPO include funding expansion plans, enhancing manufacturing capabilities, and reducing existing debt levels. Post-issue, the market capitalization is expected to reach ₹1,000 crores, with an earnings per share (EPS) of ₹10 and a price-to-earnings (P/E) ratio of 15. Investor sentiment towards the IPO appears positive, driven by the company's growth potential and solid market positioning.