Vidya Wires IPO, Dec. 1 -- The initial public offering (IPO) of electrical conductors and winding materials manufacturing company, Vidya Wires, will open for public subscription on Wednesday, December 3. The book build issue, which combines a fresh issue of about 5.27 crore shares to raise Rs.274 crore and offer for sale (OFS) of 50 lakh shares, will conclude on Friday, December 5.

Pantomath Capital Advisors Private Limited and IDBI Capital Markets & Securities Limited are the book-running lead managers of the issue, while MUFG Intime India Private Limited is the registrar.

Vidya Wires IPO's price band has been fixed in the range of Rs.48 to Rs.52 per equity share.

Vidya Wires' IPO share allotment is expected to be finalised on Monday,...