Vidya Wires IPO Day 2 Subscription Status: Strong Retail and NII Demand Pushes Issue to 8.89 Times

December 4, 2025: Vidya Wires IPO saw robust investor interest on its second day, with the general subscription status reaching 8.89 times as of 5:29 PM. The ₹300.01 crore issue attracted strong participation across all investor categories. 

The IPO, which opened on December 3, will close on December 5, with allotment scheduled for December 8 and listing expected on December 10 on both the BSE and NSE

Retail Investors Drive Oversubscription

Retail investors were the most active, pushing the category subscription to 12.36 times by Day 2. The attractive price band of ₹48-₹52 per share and a minimum investment of ₹14,976 per lot encouraged widespread participation from small investors.

Non-Institutional Investors Show Remarkable Demand

Non-institutional investors (NIIs) displayed strong interest, with the category subscribing 10.78 times. Subscriptions in the sNII segment (investors bidding less than ₹10 lakh) were particularly high, while the bNII segment recorded 14.52 times subscription.

QIBs and Anchor Investment Update

Qualified Institutional Buyers (QIBs), excluding anchor investors, subscribed 1.39 times on Day 2. The IPO had already allocated ₹90 crore worth of shares to anchor investors, including leading domestic mutual funds. Early institutional confidence was reflected by anchor participation from Bandhan Mutual Fund, LIC Mutual Fund, and Bank of India Mutual Fund, although QIB activity during live bidding remained moderate.

 With one day of bidding remaining, the IPO may gain further traction, particularly among retail and NII investors. Sustained demand across categories suggests a potentially successful listing, with market participants eagerly awaiting the final subscription figures on December 5.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.