Shares of Vidya Wires, a premier winding and conductivity products manufacturer, made a steady market debut before spiking over 12% from its issue price of Rs 52.

Initially listed at Rs 52.13 on the BSE, the stock witnessed a significant climb to Rs 58.48, signaling strong investor confidence.

The Rs 300-crore IPO attracted a 26.59 times subscription, with proceeds earmarked for new projects, debt payment, and corporate purposes. Vidya Wires serves critical industries with its diverse product portfolio.

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