Bansal Wire Industries Limited, goes to raise ₹745 crores from the general public via an Initial Public Offering (IPO) that incorporates recent problems with ₹1.4 crores and an OFS of 45,00,000 fairness stocks by way of its present shareholders, and promoters as in keeping with the DRHP knowledge. The corporate will get Sebi’s nod to flow an IPO. The corporate’s Mainboard IPO is proposed to be indexed at the NSE and BSE indices. The face worth of the fairness stocks of Vraj Iron and Steel Limited is ₹10. The retail quota is 35%, QIB is 50%, and HNI is 15%.
– Source : IPOWATCH