New Delhi, Dec. 4 -- The initial public offering of Vidya Wires Ltd was completely subscribed just a few hours after it opened for subscription on Wednesday, and by the end of the day, Vidya Wires IPO subscription status was 2.89 times.

Vidya Wires IPO GMP today is Rs.5. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Vidya Wires is indicated at Rs.57 apiece, which is 9.62% higher than the IPO price of Rs.52.

The initial public offering of winding and conductivity products maker, Vidya Wires opened for subscription on Wednesday, December 3, and closes on Friday, December 5. Vidya Wires IPO price band has been fixed in the range of Rs.48 to Rs.52 per equity share ...