New Delhi, Dec. 5 -- The initial public offering (IPO) of Vidya Wires Solutions opened for public subscription on Wednesday, December 3, and will conclude today, December 5. The Rs.300.01 crore issue is a combination of a fresh issue of 5.27 crore shares aggregating to Rs.274.00 crore and an offer for sale of 0.50 crore shares aggregating to Rs.26.01 crore.

The price band for the Vidya Wires IPO has been set between Rs.48 and Rs.52 per equity share.

The basis of allotment for the Vidya Wires IPO is expected to be finalised on Monday, December 8. Successful applicants are likely to receive the shares on Tuesday, December 9, while refunds for those who do not receive an allotment will also be processed on the same day.

Vidya Wires is sch...