Vidya Wires Ltd’s Rs 300-crore IPO was fully subscribed within hours, receiving bids for 5.07 crore shares against 4.33 crore on offer. Retail investors oversubscribed 1.91 times. Proceeds will fund new projects, debt repayment, and general corporate purposes
Governance advisory firm InGovern has highlighted risks in LG Electronics India’s IPO, including Rs 4,717 crore in disputed tax claims, royalty payments to the South Korean parent, and high promoter stake, which could impact minority shareholder influence and profit margin
