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Bansal Wire Industries Ltd.

Bansal Wire Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹256
₹256
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹256
Based on GMP
Min. Investment
₹14,848
1 lot × 58 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Jul 2024
Close Date
05 Jul 2024
Allotment
08 Jul 2024
Listing Date
10 Jul 2024
Exchange
NSE & BSE
Price Band
₹256
Listing Price
See chart
Allotment Status
Price Band
₹256
Per share
Face Value
₹5 per share
 
Lot Size
58 Shares
per lot
Issue Size
2,91,01,562 shares (aggregating up to ₹745.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,848
1 lot
Pre-IPO Holding
12,74,54,390 shares
Promoters
Post-IPO Holding
15,65,55,952 shares
Promoters
P/E (Pre)
41.41x
 
P/E (Post)
50.86x
 
EPS (Pre)
₹6.18
 
EPS (Post)
₹5.03
 
UPI Deadline
2024-07-05
Mandate
Anchor AllotmentTue, 02 Jul 2024
Basis of AllotmentMon, 08 Jul 2024
Refund InitiationTue, 09 Jul 2024
Demat CreditTue, 09 Jul 2024
Listing DayWed, 10 Jul 2024
UPI Mandate Deadline2024-07-05
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Bansal Wire Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Jul 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
29,101,562
100% ₹745.00
IPO Shares Offered
Bansal Wire Industries Ltd. IPO total issue size: ₹745.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 29,101,562 ₹745.00
100.00%
* Based on upper price band ₹256 per share
Lot Size & Investment
Lot Size
58
Shares per Lot
Issue Price
₹256.00
Upper Band
Min Investment
₹14,848
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2116₹29,696
Retail (Max — 13 Lots)13754₹193,024
S-HNI (Min — 14 Lots)14812₹207,872
B-HNI (Min — 68 Lots)683,944₹1,009,664
* Issue Price ₹256 × Lot Size 58 shares
IPO Schedule
Anchor
02 Jul 2024
✓ Done
IPO Open
03 Jul 2024
✓ Done
IPO Close
05 Jul 2024
✓ Done
Allotment
08 Jul 2024
✓ Done
Refunds
09 Jul 2024
✓ Done
Demat Credit
09 Jul 2024
✓ Done
Listing Day
10 Jul 2024
✓ Done
Bansal Wire Industries Ltd. — Live Price LIVE
₹256.00
INR · BSE
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Issue ₹256.00 Live Price
About Bansal Wire Industries Ltd.
Incorporated in December 1985, Bansal Wire Industries Limited is a stainless steel wire manufacturing company.The company operates in three main segments: high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire.The company makes over 3,000 different types of steel wire products, ranging in size from very thin to very thick. They have more than 5,000 customers in different industries, which helps the company grow.To reduce risk, the company doesn't rely too much on one customer or one type of customer. They also use a pricing model that helps them deal with changes in material costs.The company has a presence across India and operates in over 50 countries through product exports, solidifying its position as a key player in the global market.The company exports products to over 50 countries. It has 14 global representatives covering Bangladesh, Brazil, France, Germany, Israel, Italy, Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam. Our export turnover has grown at a CAGR of 47.15% in the last three fiscal years.The company has four manufacturing units in Mohan Nagar, Ghaziabad, Loni Industrial Area, Ghaziabad and Bahadurgarh, Jhajjar, Haryana. Out of four units two are located in Loni Industrial Area, Ghaziabad.Since 2021, the company has established a sales team of over 50 experienced professionals to cover all regions of India and serve 5,000+ customers in various sectors.
Objects of the Issue
1
Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary;
2
Funding the working capital requirements of the company and
3
General corporate purposes
Bansal Wire Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹2,205.1
31 Mar 2022
₹2,422.6
31 Mar 2023
₹2,470.9
31 Mar 2024
Profit After Tax (PAT)
₹57.3
31 Mar 2022
₹59.9
31 Mar 2023
₹78.8
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 2470.89 2422.57 2205.07
EBITDA N/A N/A N/A
Profit After Tax (PAT) 78.80 59.93 57.29
Net Worth 422.37 282.51 223.01
Total Assets 1264.01 749.05 695.48
Reserves & Surplus 358.64 273.41 213.91
Borrowings 681.14 422.19 413.15
EBITDA Margin (%) N/A
PAT Margin (%) 3.19%
P/BV Ratio
7.72
RoE
21.19%
RoCE
18.46%
RoNW
18.27%
PAT Margin
3.19%
Debt/Equity
1.48
Issue Structure & Shareholding
Total Shares Offered2,91,01,562 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding12,74,54,390 shares
Post-Issue Promoter Holding15,65,55,952 shares
P/BV Ratio7.72
RoE21.19%
RoCE18.46%
Debt / Equity1.48
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
SBI Capital Markets Ltd.
Dam Capital Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Bansal Wire Industries Ltd. IPO subscribed?

Bansal Wire Industries Ltd. IPO is subscribed 1.00 times by Jul 05, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Bansal Wire Industries Ltd. IPO retail subscription status?

The Bansal Wire Industries Ltd. IPO retail category is subscribed 1.00 times as of 05 Jul 2024. The retail portion is oversubscribed.

How to subscribe Bansal Wire Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Jul 2024 and closes 05 Jul 2024. Min investment: ₹14,848 (1 lot = 58 shares). UPI mandate: 2024-07-05.

How many times Bansal Wire Industries Ltd. IPO subscribed?

The Bansal Wire Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Bansal Wire Industries Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Jul 2024. Refunds: on 09 Jul 2024.

When Bansal Wire Industries Ltd. IPO will be listed?

The Bansal Wire Industries Ltd. IPO listing date is 10 Jul 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹256. Estimated listing: ₹256. GMP: NIL.

When Bansal Wire Industries Ltd. IPO close?

The Bansal Wire Industries Ltd. IPO closes on 05 Jul 2024, Friday. UPI mandate: 2024-07-05. Allotment: 08 Jul 2024. Listing: 10 Jul 2024.