Overview
- Investors can check allotment status on the BSE, NSE and MUFG Intime India websites using application details or PAN.
- The Rs 300.01 crore book-built issue was priced in the Rs 48–52 band, combining a fresh issue of 5.27 crore shares and a 50 lakh-share OFS.
- Demand reached 26.59 times overall with QIBs at 5.12x, NIIs at about 52x and retail at 27.86x, per exchange data.
- Refund initiation and credit of shares in demat accounts are expected on Dec. 9, with a tentative listing on BSE and NSE on Dec. 10.
- Vidya Wires plans to deploy Rs 140 crore for subsidiary capex while using the balance for debt repayment and general purposes; a Rs 3–4 grey market premium was reported as unofficial and speculative.