Kolkata: Both Aequs IPO and Vidya Wires IPO will close their bidding window today, Dec 5, 2025. Both have attracted big level of retail participation and overall bids in the first two days of the application process. Aequs IPO is designed to raise Rs 921.81 crores through a combination of fresh issue of 5.40 crore shares aggregating to Rs 670 crores and an OFS segment of 2.03 crore shares aggregating to Rs 251.81 crore. One of the highlights of the Aequs IPO is the high-profile customers of the company such as Airbus, Boeing, Honeywell and SAAB.
On the other hand, Vidya Wires IPO intends to raise Rs 300.01 crores via a combination of fresh issue of 5.27 crore shares aggregating to Rs 274.00 crore and an OFS part of 50 lakh shares amounting to Rs 26.01 crore.
While the allotment of shares for Vidya Wires IPO will be done on Dec 8, the shares will list on BSE and NSE on Dec 10. The Vidya Wires IPO price band has been fixed at Rs 48-52. The smallest lot size for bid by a retail investor is 288 for which he/she will need a minimum amount of Rs 14,976 at the upper end of the price band. The smallest lot size for sNII investors is 4,032 shares and that for bNII investors is 19,296 shares.
Subscription levels of Aequs IPO, Vidya Wires IPO
At the end of the second day of the application process, Aequs IPO was subscribed 11.49 times overall — 34.57 times in the retail category, 0.75 times in QIB (Ex Anchor) category and 17.50 times in the NII category. On the other hand. Vidya Wires IPO got overall 8.94 times of subscription — 12.45 times in the retail category, 1.39 times in QIB (Ex Anchor) category and 10.80 times in the NII category. One point to note is the low QIB investment. QIB or Qualified Institutional Buyers is a crucial category of bidders. These are usually banks, AMCs and insurance companies that have big money to invest and analytical skills and tools to dissect a public issue threadbare and take an investment decision.
Aequs IPO, Vidya Wires IPO GMP levels
According to investorgain, Aequs IPO GMP in early morning of Dec 5 stood at 41, which is a decline compared to Rs 45.50 on Dec 3. Considering a price of Rs 124.00, the estimated listing price would come to Rs 165 indicating a listing gain of 33.06%. On the other hand, Vidya Wires IPO GMP at the same time stood at Rs 5.50. Considering a price band of Rs 52, the listing price comes to Rs 57.5 and the estimated listing gain will be 10.58%. However, it must be remembered that GMP is not an official indicator, is extremely volatile and cannot guarantee anything listing gain (or loss).
Important dates
IPO closes: Dec 5, 2025
Cut-off time for UPI mandate confirmation: 5 pm today
Allotment: Dec 8
Refunds: Dec 9
Credit of Shares to Demat: Dec 9
Listing: Dec 10
These dates are the same for both public issues.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)