Bansal Wire Inds IPO

Bansal Wire Industries Ltd

₹14,094 /58 sharesMinimum Investment

Bansal Wire Inds IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹256.00₹356.00₹100.00 (39.06%)

Bansal Wire Inds IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
3 Jul ‘24 - 5 Jul ‘24₹14,09458₹243 - ₹256
Issue SizeIPO Doc
745.00Cr
RHP PDF

Subscription rate

As of 05 Jul'24, 05:00 PM
Qualified Institutional Buyers146.05x
Non-Institutional Investor51.32x
Retail Individual Investor13.08x
Total59.27x

About Bansal Wire Inds

Bansal Wire Industries Limited is a stainless steel wire manufacturing company. The company serves sectors like automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement. Its products are marketed under the brand name 'BANSAL.' Bansal Wire operates across three primary segments: high carbon steel wire, mild steel wire (low carbon steel wire), and stainless steel wire.;
Founded in
1985
Managing director
Mr. Pranav Bansal
Parent organisation
Bansal Wire Industries Ltd

Strengths & Financials of Bansal Wire Inds

Strengths
Risks
Bansal Wire has a range of steel wire products, with over 3,000 stock-keeping units (SKUs) divided primarily into three categories: high carbon steel wire, mild steel wire, and stainless steel wire.
The company holds IS 6528 : 1995; ISO 14001:2015, and ISO 9001:2015 certifications for various quality standards.
The company’s products are exported to over 50 countries. It has business representatives in 14 countries – Bangladesh, Brazil, France, Germany, Israel, Italy, the Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam.
The company’s total income has risen consistently from Rs 1,477.09 crore in 2021 to Rs 2,198.36 crore in 2022 to Rs 2,413.01 crore in 2023.
Export turnover has also increased from Rs 165.85 crore in FY21 to Rs 359.11 crore in FY23.

Bansal Wire Inds Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Bansal Wire Inds IPO

Apply asPrice bandApply upto
Regular243 - 256₹2 Lakh
High Networth Individual243 - 256₹2 - 5 Lakh
For Bansal Wire Inds IPO, eligible investors can apply as Regular.
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