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Bansal Wire IPO

Listed Listed stocks

Bansal Wire IPO Details

  • Bidding Date

    03-Jul-2024 to
    05-Jul-2024

  • Issue Size

    ₹745 Cr

  • Price Band

    ₹243 to ₹256

  • Allotment date

    08-Jul-2024

  • Listing date

    10-Jul-2024

  • Lot size

    58

  • No. of shares

    2,91,01,563

  • Fresh issue/OFS

    ₹745 Cr /--

About Bansal Wire Company

Bansal Wire Industries Ltd, established in 1985, offer over 3000 SKUs across three broad segments: high carbon steel wire, mild steel wire (low carbon steel wire), and stainless steel wire. High carbon steel wires, known for their strength and durability, are used in applications like springs and cutting tools. Mild steel wires are valued for their ductility and versatility, commonly used in agriculture, fencing, and construction. Stainless steel wires, corrosion-resistant and durable, serve industries such as consumer durables, automotive, and general engineering. They operate from four manufacturing facilities in the National Capital Region of India, including three in Ghaziabad (U.P.) and one in Bahadurgarh (Haryana). Their extensive distribution network ensures a pan-India presence, covering 22 states and six union territories.

Read our in-depth analysis of the Bansal Wire Industries Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    146.1x

  • NIIs

    51.5x

  • Retail

    13.6x

  • Others

    --

  • Total

    59.6x

Bansal Wire Financials

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FAQs for Bansal Wire IPO.

The issue size of Bansal Wire is ₹745.00 Cr.

Bansal Wire falls into Other Materials industry.

The Bansal Wire IPO will be listed on both NSE and BSE.

The open and close dates for the Bansal Wire are 03-Jul-2024 & 05-Jul-2024.

The price band for the Bansal Wire ipo is ₹243 to ₹256

The listing date of Bansal Wire IPO is 10-Jul-2024.

The purpose of this IPO is to raise fresh capital.

Bansal Wire total subscription ratio is 59.6X.

Key financial of the Bansal Wire are:


Bansal Wire FY-24 FY-23 FY-22
Revenue (₹ Cr) 2466.03 2413 2198.4
EBIT (₹ Cr) 130.95 96 98.1
Proft after Tax (₹ Cr) 75.24 59.9 57.3
Debt (₹ Cr) 681.14 422.2 413.1
Net Worth (₹ Cr) 461.14 282.5 223
RoE (%) 16.32 21.2 25.7

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