We are pleased to announce that Dentons Link Legal advised Vidya Wires Limited, the fourth-largest manufacturer of winding and conductivity products in India with a 5.7% share of installed capacity as of Financial Year 2025, on its initial public offering (“IPO”) of equity shares. The IPO comprised a fresh issue of 52,692,307 equity shares of face value ₹1 each, aggregating to ₹2,740.00 million, and an offer for sale of 5,001,000 equity shares of face value ₹1 each, aggregating to ₹260.05 million, by the Promoter Selling Shareholders.
The transaction was led by Milind Jha (Partner) and Shailender Sharma (Partner), with support from a team comprising Kunal Mehta (Principal Associate), Tamilarasi Mudaliar (Principal Associate), Tanvi Shinde (Associate), Bhavya Dhamija (Associate), Madhu Pati (Associate) and Sakshi Mangal (Associate).