Bharat Wire Ropes Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

18 Mar 2016

Close Date

22 Mar 2016

Allotment

28 Mar 2016

Listing Date

01 Apr 2016

Exchange

NSE & BSE

Price Band

₹45

Listing Price

See chart

Allotment Status

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Price Band

₹45

Per share

Face Value

₹10 per share

Lot Size

300 Shares

per lot

Issue Size

1,55,55,555 shares (aggregating up to ₹70.00 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹13,500

1 lot

Pre-IPO Holding

2,93,96,693 shares

Promoters

Post-IPO Holding

4,49,52,248 shares

Promoters

UPI Deadline

2016-03-22

Mandate

Anchor AllotmentThu, 17 Mar 2016

Basis of AllotmentMon, 28 Mar 2016

Refund InitiationTue, 29 Mar 2016

Demat CreditTue, 29 Mar 2016

Listing DayFri, 01 Apr 2016

UPI Mandate Deadline2016-03-22

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

Bharat Wire Ropes Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Mar 2016.

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	15,555,555	100%	₹70.00

IPO Shares Offered

Bharat Wire Ropes Ltd. IPO total issue size: ₹70.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	15,555,555	₹70.00	100.00%

* Based on upper price band ₹45 per share

Lot Size & Investment

Lot Size

300

Shares per Lot

Issue Price

₹45.00

Upper Band

Min Investment

₹13,500

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	600	₹27,000
Retail (Max — 14 Lots)	14	4,200	₹189,000
S-HNI (Min — 15 Lots)	15	4,500	₹202,500
B-HNI (Min — 75 Lots)	75	22,500	₹1,012,500

* Issue Price ₹45 × Lot Size 300 shares

IPO Schedule

Anchor

17 Mar 2016

✓ Done

IPO Open

18 Mar 2016

✓ Done

IPO Close

22 Mar 2016

✓ Done

Allotment

28 Mar 2016

✓ Done

Refunds

29 Mar 2016

✓ Done

Demat Credit

29 Mar 2016

✓ Done

Listing Day

01 Apr 2016

✓ Done

₹45.00

INR · BSE

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Issue ₹45.00 Live Price

About Bharat Wire Ropes Ltd.

Incorporated in 1986, Bharat Wire Ropes Ltd (BWR) is engaged in manufacturing and sales of wire ropes, structural strands, slings and wires which find its application in in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defence, railways etc. Company is also engaged in the business of trading of the steel related products.Company's steel wire ropes manufacturing facility with an installed capacity of 12,000 MTPA is located at Atgaon. Company also have a Pyrolysis plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel its current manufacturing process.Bharat Wire Ropes ltd is an ISO 9001:2008 certified company for the manufacture and supply of steel wire ropes, stainless steel wire ropes, non-ferrous wire ropes, slings, relevant conductors, wire for specialised applications and rope fittings in domestic and international market.BWR's Strengths:1. Experienced management team2. Diversified product mix3. Established player in the indian wire rope industry4. Diversified client base5. Pan-india customer base6. Global reach

Objects of the Issue

1 Part finance to set up a New Unit at MIDC Zone, at Chalisgaon, Dist: Jalgaon , Maharashtra

2 General Corporate Purposes

Bharat Wire Ropes Ltd. Financials (Amount In Crore)

Revenue from Operations

₹74.4

31-Mar-13

₹82.3

31-Mar-14

₹76.7

31-Mar-15

Profit After Tax (PAT)

₹1.5

31-Mar-13

₹1.5

31-Mar-14

₹2.0

31-Mar-15

Particulars	31-Mar-15	31-Mar-14	31-Mar-13
Revenue from Operations	76.72	82.30	74.40
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	1.98	1.50	1.48
Net Worth	N/A	N/A	N/A
Total Assets	152.04	141.96	146.51
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered1,55,55,555 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding2,93,96,693 shares

Post-Issue Promoter Holding4,49,52,248 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

bwr.ipo@karvy.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

BOB Capital Markets Ltd.

Intensive Fiscal Services Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Bharat Wire Ropes Ltd. IPO subscribed? ▲

Bharat Wire Ropes Ltd. IPO is subscribed 1.00 times by Mar 22, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Bharat Wire Ropes Ltd. IPO retail subscription status? ▼

The Bharat Wire Ropes Ltd. IPO retail category is subscribed 1.00 times as of 22 Mar 2016. The retail portion is oversubscribed.

How to subscribe Bharat Wire Ropes Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 18 Mar 2016 and closes 22 Mar 2016. Min investment: ₹13,500 (1 lot = 300 shares). UPI mandate: 2016-03-22.

How many times Bharat Wire Ropes Ltd. IPO subscribed? ▼

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

How to check Bharat Wire Ropes 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: 28 Mar 2016. Refunds: on 29 Mar 2016.

When Bharat Wire Ropes Ltd. IPO will be listed? ▼

The Bharat Wire Ropes Ltd. IPO listing date is 01 Apr 2016, Friday. Listed on: NSE & BSE. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When Bharat Wire Ropes Ltd. IPO close? ▼

The Bharat Wire Ropes Ltd. IPO closes on 22 Mar 2016, Tuesday. UPI mandate: 2016-03-22. Allotment: 28 Mar 2016. Listing: 01 Apr 2016.

Quick Actions

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Live Price LIVE

Last Price₹45.00

Change—

Issue Price₹45.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹45

Face Value₹10

Lot Size300 Sh

Min. Amount₹13,500

GMPNIL

Est. Listing₹45

Subscribed1.00x

Open Date18 Mar 2016

Close Date22 Mar 2016

Allotment28 Mar 2016

Listing Date01 Apr 2016

ExchangeNSE & BSE

UPI Deadline2016-03-22