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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Vidya Wires raises Rs 90 crore from anchor investors
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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