Vidya Wires IPO Lists Flat at ₹52; Expert Advises Holding for Medium to Long Term

• Vidya Wires shares listed flat at ₹52 on NSE and ₹52.13 on BSE, matching the IPO price, despite high subscription.
• The IPO was oversubscribed 26.59 times and raised ₹90 crore from anchor investors.
• The company manufactures high-precision products like enameled wires and copper conductors for various industries.
• An expert recommends holding the stock for medium to long term due to its strong operational efficiency and trading at a discount.
• IPO funds will be used for new projects in its subsidiary ALCU, debt reduction, and corporate needs.

Why It Matters: Vidya Wires' flat IPO listing offers a hold opportunity for long-term investors.