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Bansal Wire Industries Ltd.
Issue Open Date 03-Jul-24  
Issue Closing Date 05-Jul-24  
Application Money 100  
Allotment Money  
Price Band (Rs.) 243 - 256  
Minimum Bid Quantity. 58  
Issue Size (Shares) 29101562  
Market Lot 1  
Objective :
1. Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company.2.Investment in our Subsidiary for repayment or prepayment of all or a portion of certain of its outstanding borrowings.3.Funding the working capital requirements of our Company.4.General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   4598766   236660068   51.46  
Qualified Institutional Buyers   6131687   895504630   146.05  
Retail Individual Investors   6131687   895504630   146.05  
Business Description
We are the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India with a production of 72,176 MTPA and 206,466 MTPA, respectively, in Fiscal 2023, representing 20% and approximately 4% market shar...
Promoter's Holding
Total Share Capital   122071390  
Offered to Public   29101562  
Promoter's Holding (Pre-Issue)   95.78  
Promoter's Holding (Post-Issue)   77.97  
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Address
F-3
Main Road
Shastri Nagar
North Delhi
Delhi ,
Delhi ,
110052
Phone : 011-23651891 / 92 / 93
Email : investorrelations@bansalwire.com
Website : www.bansalwire.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
SBI Capital Markets Ltd
Promoters
Anita Gupta
Arun Gupta
Arun Kumar Gupta HUF
Pranav Bansal