Bansal Wire Industries is the largest stainless steel wire manufacturer and the second-largest steel wire manufacturer by volume in India. Bansal Wire Industries has consistently delivered quality products and created a niche identity in the steel wire industry over its 38-year legacy. Its diversified portfolio caters to various sectors: automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement.
Bansal Wire Industries manufactures over 3,000 stock-keeping units (SKUs), the highest among all steel wire manufacturers in India, with sizes ranging from 0.04 mm to 15.65 mm. With a well-diversified customer base of over 5,000 spanning various sectors, the company has established a robust network contributing to its sustained growth.
With a pan-India presence and exports to more than 50 countries, the company has solidified its position as a key player in the international market. It currently operates from four existing manufacturing facilities and plans to set up the largest single-location manufacturing facility of steel wire in Dadri, India, which will be among the largest capacities in Asia.
Bansal Wire IPO Complete Details:
Bansal Wire IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Bansal Wire Industries is Around 55 Rs.
Objects Of Issue:
1. Repayment or prepayment of all or part of certain outstanding borrowings taken by our company and our subsidiary;
2. Funding our company’s working capital requirements; and
3. General corporate purposes.
Promoters:
- ARUN GUPTA
- ANITA GUPTA
- PRANAV BANSAL
- ARUN KUMAR GUPTA HUF
FAQs:
When Bansal Wire IPO is Opening?
Bansal Wire IPO is Opening on 03 July 2024.
When is the Bansal Wire IPO Closing?
Bansal Wire IPO is Closing on 05 July 2024.
What is the Issue Size of the Bansal Wire IPO?
The IPO Issue Size of Bansal Wire is 745.00 Crore.
Price Band of Bansal Wire IPO?
The price Band of the Bansal Wire IPO is 243 to 256 rupees per share.
What is the minimum investment for a Bansal Wire IPO?
The minimum investment for the Bansal Wire IPO is 14,848 Rupees.
Allotment Date of Bansal Wire IPO?
The Allotment of Bansal Wire IPO is on 08 July 2024.
Listing Date of Bansal Wire IPO?
The Listing Of Bansal Wire is Scheduled on 10 July 2024.
One Should Apply for Bansal Wire IPO or Not?
Will Update Soon..
How to apply for Bansal Wire IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Bansal Wire IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Bansal Wire IPO through the Upstox Old Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Bansal Wire IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Bansal Wire IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Bansal Wire IPO from the list ——–> Click on Bansal Wire IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Bansal Wire?
SBI Capital Markets Limited, and Dam Capital Advisors Ltd are the Lead Managers of Bansal Wire.
Where To Check the Allotment of Bansal Wire IPO?
The allotment status for the Bansal Wire IPO will be accessible on the Kfin Technologies Limited Website.
Bansal Wire IPO is going to be listed at?
Bansal Wire IPO is going to be listed at NSE and BSE.
What is the Lot Size of the Bansal Wire IPO?
The lot size of the Bansal Wire IPO is 58 Shares.
What is the P/E Ratio of the Bansal Wire?
The P/E Ratio of the Bansal Wire is 41.41.
What is the EPS of the Bansal Wire?
The EPS of the Bansal Wire is 6.18.
What is the ROE of the Bansal Wire?
The ROE of Bansal Wire is 21.19%.
What is the ROCE of the Bansal Wire?
The ROCE of Bansal Wire is 18.46%.