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Vidya Wires IPO subscribed 2.3 times on Day 1 so far. Check GMP & other key details

Vidya Wires Rs 300-crore IPO received strong investor interest on Day 1, getting subscribed more than 2 times, driven by robust retail and NII demand. Shares of the company were seen trading at a GMP of nearly 13, as per the latest update. Competitively priced versus peers, the companys strong financials and sector demand make it an attractive long-term consideration.