Initial Public Offerings (IPOs) continue to captivate investors with promises of substantial listing gains and long-term growth potential. As of December 5, 2025, three standout mainboard IPOs—Meesho IPO, Vidya Wires IPO, and Aequs IPO—stand on the brink of their subscription deadlines.
These offerings not only highlight diverse sectors like e-commerce, manufacturing, and aerospace but also reflect surging investor confidence amid a robust economy. Today marks the final day to apply, making it crucial for retail investors, Non-Institutional Investors (NIIs), and Qualified Institutional Buyers (QIBs) to evaluate subscription status, Grey Market Premium (GMP) trends, and allotment probabilities.
This comprehensive analysis dives deep into each IPO, offering insights on Meesho IPO GMP today, Vidya Wires IPO subscription status live updates, and Aequs IPO grey market premium. We explore company fundamentals, category-wise oversubscription rates, potential listing gains, and strategic investment tips. Whether you seek short-term listing pops or multi-year holds, this guide equips you to make informed decisions in the competitive IPO landscape.
Understanding Grey Market Premium (GMP) and Its Role in IPO Investments
Grey Market Premium (GMP) serves as an unofficial barometer of investor sentiment before an IPO lists on exchanges like BSE and NSE. GMP represents the premium at which unlisted shares trade in the over-the-counter grey market, often signaling expected listing gains. For instance, a GMP of ₹50 on a ₹100 upper price band suggests shares could debut at ₹150—a 50% premium.
Investors actively track GMP for Meesho IPO GMP today or Aequs IPO GMP updates because it correlates with subscription fervor. However, GMP fluctuates based on market moods, economic news, and peer performances. Experts advise combining GMP with subscription status and fundamentals for a holistic view. In 2025’s IPO boom, where over 200 offerings raised ₹1.5 lakh crore, GMP has proven a reliable yet volatile indicator—rising 20-30% on average for oversubscribed issues.
Beyond GMP, factors like anchor investments and sector tailwinds amplify appeal. Meesho’s e-commerce surge, Vidya Wires’ industrial backbone, and Aequs’ aerospace innovations position these IPOs for scrutiny. As subscriptions close today, let’s unpack each one’s live data and prospects.
Vidya Wires IPO: Strong Subscription Momentum in Wires and Conductors Sector
Vidya Wires Limited, a leading manufacturer of winding wires and conductive products, opens a compelling chapter in India’s industrial IPO surge. Established in 1997, the company specializes in copper and aluminum enameled wires essential for motors, transformers, and renewable energy applications. With a production capacity exceeding 8,500 stock-keeping units (SKUs) as of June 2025, Vidya Wires powers sectors like electric vehicles, railways, and clean energy—aligning with India’s green transition goals.
The Vidya Wires IPO, priced at a band of ₹48-₹52 per share (face value ₹1), aims to raise ₹300.01 crore through a mix of fresh issue (₹274 crore) and Offer for Sale (OFS, ₹26.01 crore). Promoters dilute stakes via OFS, while fresh funds bolster subsidiary ALCU Industries’ expansion, debt repayment (₹100 crore), and general corporate needs. At the upper band, one lot comprises 288 shares, requiring a minimum investment of ₹14,976—accessible for retail participants.
Vidya Wires IPO Subscription Status Live: Oversubscribed 19.47 Times on Day 3
As of 1:09 PM on December 5, 2025, Vidya Wires IPO subscription status live reveals an impressive 19.47x overall oversubscription. This marks a leap from Day 1’s 2.89x and Day 2’s 8.26x, driven by retail and NII enthusiasm. Category breakdowns showcase varied demand:
- Retail Category: Subscribed 22.44 times, with bids for over 198 crore worth of shares. This 35% allocation sees the highest participation, offering better allotment odds for small investors.
- Non-Institutional Investors (NII): Booked 36.18 times, split into Small NII (46x) and Big NII (34.97x). Big NII leads with superior chances—one in four applications likely succeeds.
- Qualified Institutional Buyers (QIB): At 1.74 times, QIBs show measured interest, typical for mid-sized industrial IPOs.
Anchor investors committed ₹90 crore on December 2, signaling early confidence from mutual funds like HDFC and SBI. Total bids exceed ₹5,800 crore against the ₹300 crore issue, underscoring robust demand in the wires sector, where peers like Polycab trade at 40x P/E.
Vidya Wires IPO GMP Today: Steady at ₹5.50, Hinting 10.58% Listing Gain
Vidya Wires IPO GMP today holds firm at ₹5.50, down slightly from Day 1’s ₹6 but stable amid market volatility. This translates to an estimated listing price of ₹57.50 (upper band + GMP), promising a 10.58% debut premium. Grey market traders note a downward trend from a peak of ₹10, yet the 11% overall premium outshines conservative industrial peers.
Experts predict GMP could tick up to ₹7 if QIB bids surge in the final hours, potentially yielding ₹5,000-₹6,000 gains per lot for retailers. Compared to 2024’s wire IPOs (average 15% listing pop), Vidya Wires’ valuation at 20x P/E—versus peers’ 45x—appears undervalued, factoring in 21% revenue CAGR from FY23-25.
Vidya Wires IPO Allotment Chances: Prioritize Big NII for Best Odds
Allotment prospects brighten for Big NII (1:4 ratio), followed by retail (1:22) and Small NII (1:46). QIBs face minimal competition at 1.74x. With allotment finalizing on December 8 and listing on December 10, successful bidders credit shares on December 9. Retail investors should apply via UPI by 5 PM today; net banking cut-offs hover at 3-4 PM.
Fundamentally, Vidya Wires boasts FY25 revenue of ₹1,491 crore (up 25% YoY) and PAT of ₹40.87 crore, fueled by EV and solar demand. Risks include raw material volatility, but diversification into copper foils mitigates them. Analysts rate it a “Subscribe” for 6-12 month holds, targeting 25-30% upside.
Aequs IPO: Aerospace Precision Driving 28x Subscription Surge
Aequs Limited emerges as a precision engineering powerhouse, specializing in aerospace components, consumer electronics, and durable goods. Headquartered in Belagavi, the company operates India’s sole vertically integrated SEZ facility for aerospace manufacturing, serving giants like Boeing and Airbus. Since inception in 2008, Aequs has machined over 5,000 products for aircraft models from A220 to B787, blending innovation with global supply chains.
The Aequs IPO, fixed at ₹118-₹124 per share (face value ₹10), targets ₹921.81 crore—₹670 crore fresh issue for machinery, debt repayment, acquisitions, and corporate purposes; ₹251.81 crore OFS from promoters. One lot requires 120 shares at the upper band, demanding ₹14,880 minimum—ideal for diversified portfolios.
Aequs IPO Subscription Status Live: Explosive 28.48x Oversubscription on Final Day
By 1:05 PM on December 5, Aequs IPO subscription status live explodes to 28.48x, up from Day 1’s 3.42x and Day 2’s 11.10x. Bids total 1.19 billion shares against 42 million offered, with ₹10,000 crore poured in. Category insights reveal retail frenzy:
- Retail Category: A staggering 42.60 times, despite 10% allocation—lowest odds but highest volume.
- Non-Institutional Investors (NII): 16.81 times overall; Big NII at 34.97x edges Small NII (46x) for allotment edge.
- Qualified Institutional Buyers (QIB): 0.88-1.73 times, with 75% quota drawing anchors like SBI Funds (₹144 crore pre-IPO).
This aerospace darling outpaces 2025 peers, mirroring HAL’s post-IPO rally amid defense spending hikes.
Aequs IPO GMP Today: Robust ₹46.50 Premium Signals 37.5% Listing Pop
Aequs IPO GMP today climbs to ₹46.50, up from Day 1’s ₹43.50, implying a ₹170.50 debut (37.5% over ₹124). Grey market volumes swell, with trends forecasting ₹165-₹170 listings—₹5,000+ per lot gains. At 33-38% premium, it trumps industrial averages, backed by 5-axis machining expertise and Europe acquisitions like Stelia Aerostructure.
Valued at 25x FY25 earnings (revenue ₹1,200 crore, PAT ₹85 crore), Aequs trades below global peers (35x). GMP’s upward trajectory hints at QIB inflows, potentially adding 5% more premium by close.
Aequs IPO Allotment Probability: Big NII Shines Amid Retail Overheat
Big NII boasts 1:3 odds, dwarfing retail’s 1:42 and Small NII’s 1:46. QIBs enjoy 73% quota luxury. Allotment hits December 8; listing December 10 via Kfin Technologies. Apply by 5 PM via ASBA/UPI.
Aequs’ FY25 EBITDA margins (18%) and OEM ties position it for 40% growth in aerospace exports. Risks? Geopolitical supply chains. Verdict: Strong “Buy” for 1-2 year horizons, eyeing 50% returns.
Meesho IPO: E-Commerce Giant Poised for Record-Breaking Subscription
Meesho Limited, SoftBank’s crown jewel in social commerce, redefines e-commerce for India’s underserved masses. Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho empowers 0.7 million sellers to fulfill 2.27 billion orders annually (ended September 2025). Its zero-commission model thrives in Tier-2/3 cities, boasting 46% user growth versus 11-20% industry average.
The Meesho IPO, priced ₹105-₹111 (face value ₹10), seeks ₹5,421.20 crore—₹4,250 crore fresh for AI/tech salaries (₹480 crore), cloud infrastructure (₹1,390 crore), and marketing (₹1,020 crore); ₹1,171.20 crore OFS from investors. Lot size: 135 shares at upper band (₹14,985 minimum), with 75% QIB, 15% NII, 10% retail quota.
Meesho IPO Subscription Status Live: 28.14x Blitz on Day 3
At 12 PM December 5, Meesho IPO subscription status live rockets to 28.14x (221 crore bids vs. 27.79 crore offered), eclipsing Day 1’s 2.35x and Day 2’s 7.97x. ₹40,000 crore bids flood in:
- Retail Category: 9.61 times—solid for 10% slice, with 400 crore bids.
- Non-Institutional Investors (NII): 20.49 times; Big NII (21.51x, ₹11,658 crore) tops Small NII (18.47x).
- Qualified Institutional Buyers (QIB): 10 times, with ₹16,670 crore from anchors like Prosus.
This shatters records, surpassing Zomato’s 38x, fueled by 1.8 billion transactions and 5.3x FY25 price-to-sales valuation.
Meesho IPO GMP Today: ₹49.50 Surge Eyes 44.59% Debut Premium
Meesho IPO GMP today at ₹49.50 (up from ₹42 Day 1) forecasts ₹160.50 listing (44.59% over ₹111)—₹6,500 per lot windfall. From ₹44.50 yesterday, GMP’s 45% climb reflects e-commerce hype, outpacing Flipkart peers. Trends suggest ₹50+ if subscriptions hit 30x, yielding 45-50% pops.
At ₹50,096 crore valuation, Meesho’s FY25 revenue (₹7,500 crore) and narrowing losses (₹1,200 crore EBITDA deficit) justify premiums. Grey market stability post-anchorage (₹2,439 crore) bolsters confidence.
Meesho IPO Allotment Outlook: Big NII Leads, Retail Holds Steady
Big NII (1:5 odds) outperforms Small NII (1:18) and retail (1:13); QIBs at 10x face dilution risks. Allotment: December 8; listing: December 10. UPI mandates 5 PM acceptance.
Meesho’s 9x order frequency growth and Valmo logistics arm drive scalability. Challenges? Competition from Amazon. Experts: “Subscribe” for 12-24 months, projecting 60% upside.
Comparative Analysis: Which IPO Delivers Superior Listing Gains?
| IPO | Issue Size (₹ Cr) | Subscription (Day 3) | GMP (₹ / %) | Est. Listing Gain | Best Category for Allotment |
|---|---|---|---|---|---|
| Vidya Wires | 300 | 19.47x | 5.50 / 10.58% | 10-12% | Big NII |
| Aequs | 922 | 28.48x | 46.50 / 37.5% | 33-38% | Big NII |
| Meesho | 5,421 | 28.14x | 49.50 / 44.59% | 40-45% | Big NII / Retail |
Meesho leads GMP and scale; Aequs excels in sector niche; Vidya Wires offers value stability. Prioritize Meesho for aggressive gains, Aequs for industrials.
Expert Strategies: How to Maximize Returns from These IPOs
- Application Tactics: Diversify across categories; use multiple demats for retail lots. Track live subscription via BSE/NSE.
- GMP Monitoring: Use apps like Investorgain; ignore post-3 PM volatility.
- Post-Listing Play: Hold Meesho/Aequs 6-12 months for 30-50% appreciation; flip Vidya Wires on debut.
- Risk Mitigation: Allocate <10% portfolio; hedge via peers (e.g., Tata Power for Vidya).
Final Verdict: Seize the December 2025 IPO Opportunity
With deadlines ticking, apply in Meesho and Aequs for blockbuster gains; Vidya Wires suits conservatives. These IPOs embody India’s growth story—e-commerce inclusivity, manufacturing prowess, aerospace ambition. Share your picks in comments; subscribe for daily updates. Jai Hind!
