Vidya Wires lists muted. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Metal wires manufacturer Vidya Wires Ltd.'s shares listed flat on the National Stock Exchange at Rs 52 per share against IPO price of Rs 52. On BSE the price settled at Rs 52.4.

The Rs 300-crore mainboard IPO closed with a strong subscription on Dec. 5.

The IPO, which opened for subscription on Dec. 3, was subscribed 26.59 times during the three-day bidding period. The Qualified Institutional Buyers (QIBs) booked their category 5.12 times, while the retail quota was subscribed 27.86 times. The Non-Institutional Investors’ (NIIs) category was booked nearly 52 times.

The Vidya Wires IPO is a book-building issue worth Rs 300.01 crore. The IPO was a combination of a fresh issue of

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