The Bansal Wire has begun on 03-July-2024. It will close on 05-July-2024. The Total IPO Size is 745.00 Crore. The company set its IPO price is 243-256 Rs Per Share.
Basically, there are three basic categories in Bansal Wire IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Bansal Wire is incorporated in 1985.
Bansal Wire is stainless steel wire manufacturing company.
It is second largest steel wire manufacturing company by volume in India with a production of 72,176 MTPA and 206,466 MTPA, respectively, in Fiscal 2023, representing 20% and approximately 4% market share, respectively.
They market and sell their products under the brand name ‘BANSAL’ which has a strong reputation in the market as a trusted brand since incorporation. They operate in three broad segments, i.e., high carbon steel wire, mild steel wire (low carbon steel wire) and stainless steel wire.
They have a significant global footprint and are exporting our products to more than 50 countries With 14 global representatives covering countries like Bangladesh, Brazil, France, Germany, Israel, Italy, Netherland, South Korea, South Africa, Sri Lanka, Turkey, United Kingdom, United States of America and Vietnam.
Bansal Wire Promoters
Arun Gupta, Anita Gupta, Pranav Bansal and Arun Kumar Gupta HUF is a Promotors of the company.
Bansal Wire IPO Date, Details & Price Band
The Bansal Wire IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 03-July-2024 |
| IPO Closing Dates | 05-July-2024 |
| Price Band | 243-256 Rs |
| Fresh Issue | 745.00 Crore |
| Total IPO size | 745.00 Crore |
| Minimum bid (lot size) | 58 Shares |
| Face Value | 5 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Bansal Wire IPO Market Lot
The Bansal Wire IPO minimum market lot is 58 shares With 14,848 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 58 | 14,848 ₹ |
| Retail Maximum | 13 | 754 | 193,024 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 1,264.01 | 2,470.89 | 78.80 |
| 31-Mar-23 | 749.05 | 2,422.57 | 59.93 |
| 31-Mar-22 | 695.48 | 2,205.07 | 57.29 |
Bansal Wire IPO GMP & Grey Market Premium
Bansal Wire IPO GMP Grey market premium has been started today. Check Latest Bansal Wire IPO GMP, Kostak Rates and Subject to Sauda Price here.
Bansal Wire IPO Prospectus
Bansal Wire IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Bansal Wire IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
Bansal Wire IPO Form Download
Bansal Wire IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Bansal Wire IPO forms.
Bansal Wire IPO Allotment Date & Details
| Allotment Date | 08-July-2024 |
| Initiation of refunds | 09-July-2024 |
| Transfer of shares to Demat accounts | 09-July-2024 |
| Listing Date | 10-July-2024 |
| Check Allotment Status | Click here |
Registrar of Bansal Wire
KFin Technologies Limited
(formerly known as KFin Technologies Private
Limited)
Selenium, Tower B, Plot No. 31 and 32, Gachibowli,
Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration No.: INR000000221
Bansal Wire Contact Details
Bansal Wire Industries Limited
F-3, Main Road
Shastri Nagar,
Delhi-110052
Phone: 011-2365 1891
Email: [email protected]
Website: https://bansalwire.com/
Bansal Wire IPO Lead Managers
SBI Capital Markets Limited
1501, 15th Floor, A & B Wing
Parinee Crescenzo, BKC
Bandra (East)
Mumbai 400 051
Maharashtra, India
Telephone: +91 22 4006 9807
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.sbicaps.com
Contact person: Karan Savardekar / Sambit Rath
SEBI Registration No.: INM000003531
DAM Capital Advisors Limited
One BKC, Tower C, 15th Floor, Unit No. 1511
Bandra Kurla Complex
Bandra (East)
Mumbai 400 051
Maharashtra, India
Telephone: +91 22 4202 2500
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.damcapital.in
Contact person: Chandresh Sharma/ Akshay Bhandari
SEBI Registration No.: MB/INM000011336