Bansal Wire Industries Limited
Mainboard₹14,848 / 58 Shares
Bansal Wire Industries Limited IPO Details
The Bansal Wire Industries Limited IPO price band is set between ₹243-256 per equity share, with a face value of ₹5 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 3 Jul, 2024 and closes on 5 Jul, 2024. Investors can check the allotment status on 8 Jul, 2024, while the listing date is tentatively scheduled for 10 Jul, 2024.
The total issue size is 29,101,562 shares, aggregating up to ₹745.00 Cr. Stay tuned for the latest Bansal Wire Industries Limited IPO review and GMP updates.
Bansal Wire Industries Limited IPO Review, Rating & Analysis
Bansal Wire Industries Limited IPO Review
NO REVIEWBansal Wire Industries Limited IPO Rating
Bansal Wire Industries Limited IPO Highlights
IPO Date
Jul 3, 2024 - Jul 5, 2024
Listing Date
10 Jul, 2024
Face Value
₹5 Per Equity Share
Price Band
₹243-256 per equity share
Lot Size
58 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Bansal Wire Industries Limited IPO Lot Size
The minimum market lot for Bansal Wire Industries Limited IPO is 58 shares with an application amount of ₹14,848. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,848 |
| Retail (Max) | 13 | 754 | ₹1,93,024 |
| S-HNI (Min) | 14 | 812 | ₹2,07,872 |
| S-HNI (Max) | 67 | 3886 | ₹9,94,816 |
| B-HNI (Min) | 68 | 3944 | ₹10,09,664 |
Bansal Wire Industries Limited IPO Timeline
Issue Price
₹243-256 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
SBI Capital Markets LimitedDam Capital Advisors Ltd (Formerly Idfc Securities Ltd)Issue Size
29,101,562 shares(aggregating up to ₹745.00 Cr)Bansal Wire Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 1264.01 | 2470.89 | 78.80 | 422.37 | 358.64 | 681.14 |
| 31 Mar 23 | 749.05 | 2422.57 | 59.93 | 282.51 | 273.41 | 422.19 |
| 31 Mar 22 | 695.48 | 2205.07 | 57.29 | 223.01 | 213.91 | 413.15 |
All values are in ₹ Cr.
Bansal Wire Industries Limited IPO Valuations
EPS Pre IPO
₹6.18/-EPS Post IPO
₹5.03/-PE Pre IPO
41.41PE Post IPO
50.86ROE
21.19%ROCE
18.46%Debt Equity
1.48RoNW
18.27%PAT Margin
3.19%Price to Book Value
7.72Promoters & Share Holding
Promoter(s) Name
- Arun Gupta
- Anita Gupta
- Pranav Bansal
- Arun Kumar Gupta HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 73.60% | 59.92% |
About Company
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.
Bansal Wire Industries Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,820,313 | 4,365,234 2,910,157 1,455,078 | 10,185,547 | 20,371,094 |
Day 1 -03-07-24 05:00 PM | 0.01 x | 2.44 1.90 x 3.54 x | 2.47 x | 1.76 x |
Day 2 -04-07-24 05:00 PM | 0.09 x | 12.16 10.94 x 14.61 x | 6.19 x | 5.73 x |
Day 3 -05-07-24 05:00 PM | 146.05 x | 51.45 52.46 x 49.44 x | 13.61 x | 59.56 x |
Retail:11.6x
BHNI:10.92x
SHNI:49.93x times
Company Contact Details
Bansal Wire Industries Limited
F-3, Main Road, Shastri Nagar, Delhi-110052Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bwil.ipo@kfintech.com
Frequently Asked Questions about Bansal Wire Industries Limited IPO
When will Bansal Wire Industries Limited IPO open for subscription?
The Bansal Wire Industries Limited IPO opens on 3 Jul, 2024 and closes on 5 Jul, 2024.
What is the investors portion for Bansal Wire Industries Limited IPO?
The investors' portion for QIB is 146.05 x, NII is 52.46 x, and Retail is 13.61 x.
How to apply for Bansal Wire Industries Limited IPO?
You can apply for Bansal Wire Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bansal Wire Industries Limited IPO?
The issue size of Bansal Wire Industries Limited IPO is approx ₹29,101,562 shares(aggregating up to ₹745.00 Cr) crores.
What is the price band of Bansal Wire Industries Limited IPO?
The price band for Bansal Wire Industries Limited IPO is ₹243 to ₹256 per equity share.
What is the lot size of Bansal Wire Industries Limited IPO?
The minimum bid (lot size) for Bansal Wire Industries Limited IPO is N/A shares with an investment of approx ₹14,848 .
What is the allotment date of Bansal Wire Industries Limited IPO?
The allotment date for Bansal Wire Industries Limited IPO is 8 Jul, 2024.
What is the listing date of Bansal Wire Industries Limited IPO?
The listing date for Bansal Wire Industries Limited IPO is expected to be 10 Jul, 2024.
What is the GMP of Bansal Wire Industries Limited IPO?
The latest Grey Market Premium (GMP) for Bansal Wire Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.