Incorporated in 1981, Vidya Wires Limited is a prominent manufacturer specializing in copper and aluminum wires for winding and conductivity applications. The company’s extensive product portfolio, encompassing over 8,000 SKUs ranging from 0.07 mm to 25 mm, includes precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, and PV ribbons.

Vidya Wires’ products are crucial components in critical industries such as energy generation, electrical systems, electric mobility, railways, and clean energy. They are valued for providing essential conductivity, durability, and thermal efficiency in high-performance applications.

The company currently boasts a significant manufacturing capacity of 19,680 MT per annum. Demonstrating a strong growth trajectory, the company is executing a major expansion plan to increase this capacity to 37,680 MT per annum by adding an 18,000 MTPA unit in Narsanda, Gujarat. Future product diversification includes the addition of copper foils, solar cables, and aluminum winding wires.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• De-risked business model with wide customer base, diversified portfolio of products, and multiple end-user industries.
• Backward integration for quality control as well as sustainability initiatives
• Their presence in strategically located region
• Diversified customer base having longstanding relationships with customers and suppliers
• Continuous financial performance
• Experienced professional management team

• Funding capital expenditure requirements for setting up new project in the subsidiary viz. ALCU (₹ 140 Cr.)
• Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company (₹ 100 Cr.)
• General corporate purposes

At the upper band of IPO ₹ 52, the stock is valued at 22.94 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.