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BANSALWIREEQ / NSE, BSEListed

Bansal Wire Industries Limited

Bansal Wire Industries Limited, incorporated in December 1985, is a leading manufacturer of stainless steel wire, specializing in high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire. The company offers over 3,000 types of steel wire products, serving more than 5,000 customers across various industries, ensuring a diversified revenue base. With a strong domestic presence and exports to over 50 countries, including key markets like the U.S., U.K., Germany, and South Korea, Bansal Wire has achieved a remarkable export turnover CAGR of 47.15% over the last three fiscal years. The company operates four manufacturing units in Mohan Nagar, Ghaziabad; Loni Industrial Area, Ghaziabad (with two units); and Bahadurgarh, Jhajjar, Haryana. To navigate material cost fluctuations, Bansal Wire employs a dynamic pricing model. Since 2021, a dedicated sales team of over 50 professionals has been catering to customers nationwide, reinforcing its position as a global market leader in the steel wire industry.

₹243 - ₹25662.76x sub
Listed Price356.00
Listing Gain+39.06%
TimelineBookbuilding IPO
Open03 Jul 2024
Close05 Jul 2024
Allotment08 Jul 2024
Listing10 Jul 2024

Quota Reservation Portions

RetailPortion: 1,01,85,547 shares
35%
Nii(hni)Portion: 43,65,235 shares
15%
QIBPortion: 1,45,50,780 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 58 shares
₹14,848
sHNI14 lots / 812 shares
₹2,07,872
bHNI68 lots / 3,944 shares
₹10,09,664

About the Company

Bansal Wire Industries Limited, incorporated in December 1985, is a leading manufacturer of stainless steel wire, specializing in high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire. The company offers over 3,000 types of steel wire products, serving more than 5,000 customers across various industries, ensuring a diversified revenue base. With a strong domestic presence and exports to over 50 countries, including key markets like the U.S., U.K., Germany, and South Korea, Bansal Wire has achieved a remarkable export turnover CAGR of 47.15% over the last three fiscal years. The company operates four manufacturing units in Mohan Nagar, Ghaziabad; Loni Industrial Area, Ghaziabad (with two units); and Bahadurgarh, Jhajjar, Haryana. To navigate material cost fluctuations, Bansal Wire employs a dynamic pricing model. Since 2021, a dedicated sales team of over 50 professionals has been catering to customers nationwide, reinforcing its position as a global market leader in the steel wire industry.

Company Promoters

Arun GuptaAnita GuptaPranav BansalArun Kumar Gupta HUF