IPO Trending
BANSALWIREEQ / NSE, BSEListed
Bansal Wire Industries

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 Price₹356.00
Listing Gain+39.06%

IPO Schedule & Timeline

Bookbuilding IPO
Open03 Jul 2024
Close05 Jul 2024
Allotment08 Jul 2024
Listing10 Jul 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,01,85,547 shares
35%
Nii(hni)43,65,235 shares
15%
QIB1,45,50,780 shares
50%

Minimum Application Lots

Retail1 Lot (58 shares)
₹14,848
sHNI14 Lots (812 shares)
₹2,07,872
bHNI68 Lots (3,944 shares)
₹10,09,664

Company Promoters

Arun GuptaAnita GuptaPranav BansalArun Kumar Gupta HUF

Company Background

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 diversi...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹2470.89 Cr
Growth+12.1%
Revenue Trend (₹ in Crores)
0.0947.21.9k2.8kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-242,470.8978.81,264.01681.14
Mar-232,422.5759.93749.05422.19
Mar-222,205.0757.29695.48413.15

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 6.1821.19%18.46%41.4150.86
Mar-23 4.723.71%17.34%00
Mar-224.5829.92%18.59%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
08 Jul 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
10 Jul 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Bansal Wire Industries. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Jul 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Jul 2024Trading commences on exchange

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3Enter Details

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4View Allocation

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About Bansal Wire Industries IPO

Complete issue overview for Bansal Wire Industries (BANSALWIRE) IPO. The issue features an equity share price band of ₹243 – ₹256 per share with a minimum retail lot size of 58 Shares (minimum application amount of ₹14,848). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions