ReferIndia News Vidya Wires raises Rs 90 crore from anchor investors

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Vidya Wires raises Rs 90 crore from anchor investors

Published on: Dec. 2, 2025, 9:50 p.m. | Source: The Economic Times

Vidya Wires has successfully raised Rs 90 crore from anchor investors ahead of its IPO, which opens for public subscription from December 3-5. The company's public offering includes a fresh issue of Rs 274 crore and an Offer For Sale of Rs 26 crore. Proceeds will fund capital expenditure, debt payment, and general corporate purposes.

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