Vidya Wires IPO oversubscribed 26.59x

• Vidya Wires IPO was subscribed 26.59 times on its final day.
• Non-institutional investors subscribed 51.98 times, RIIs 27.86 times, and QIBs 5.12 times.
• The Rs 300-crore IPO had a price range of Rs 48-52 per share.
• Proceeds will fund new projects, debt payment, and general corporate purposes.
• Vidya Wires manufactures winding and conductivity products for critical industries like energy, electric motors, and railways.

Why It Matters: Vidya Wires' IPO oversubscription reflects strong investor confidence.