Bansal Wire IPO Date, Review, Price, Allotment Details

Bansal Wire is the most important chrome steel twine production corporate and the second one greatest metal twine production corporate via quantity in India with a manufacturing of 72,176 MTPA and 206,466 MTPA, respectively, in Fiscal 2023, representing 20% and roughly 4% marketplace percentage, respectively. (Source: CRISIL Report) The Company used to be included within the yr 1985 and because incorporation, they’ve persistently delivered high quality merchandise, developing a distinct segment identification within the metal twine business. With a legacy of 38 years, they take pleasure of their different portfolio, catering to a variety of sectors reminiscent of car, common engineering, infrastructure, {hardware}, client durables, energy and transmission, agriculture, and auto alternative.

They are a longtime participant within the metal twine production trade because of the next:

• They manufacture over 3,000 stock-keeping gadgets (SKUs), the best among all metal twine producers in India with sizes starting from as skinny as 0.04 mm to as thick as 15.65 mm;
• With a well-diversified base of greater than 5,000 shoppers spanning more than a few sectors, they’ve established a powerful community that contributes to their sustained enlargement;
• As a part of their de-risking technique, no unmarried buyer accounts for greater than 5% in their gross sales, and no particular person sector or section constitutes greater than 25% in their gross sales, making sure a balanced and resilient trade style;
• They perform on a “Cost Plus model”, with a transparent center of attention on staying resistant to commodity worth fluctuations;
• Their Promoters had been on this metal twine production trade since 1938, having revel in for 3 generations;
• They have a pan-India presence and their achieve extends to greater than 50 international locations via product exports, solidifying their place as a key participant within the world marketplace;
• They are these days running from their 4 present production amenities and can be putting in the most important single-location production facility of metal twine in Dadri, India, and can be among the most important capacities in Asia;
• Their product combine and plant functions permit them to modify or upload manufacturing strains from one sector to every other in line with business calls for; and
• With a long-standing monitor file of producing running income, they’ve demonstrated their skill to navigate demanding situations and deal with a a success and sustainable trade.

They perform in 3 large segments, i.e., prime carbon metal twine, delicate metal twine (low carbon metal twine), and chrome steel twine and they’ll be additionally including a brand new section of distinctiveness wires via their upcoming plant in Dadri, which can lend a hand us to develop and enlarge their marketplace presence in upcoming fiscals.

Objects of the Issue

• Repayment or prepayment of all or a portion of sure exceptional borrowings availed via our Company and our Subsidiary;
• Funding the operating capital necessities of the corporate
• General company functions.

Bansal Wire IPO Review (Apply or Not)

Brokerage Firm IPO Review

• Swastika Investmart: May Apply

Bansal Wire IPO Date & Price Band Details

Bansal Wire IPO Market Lot

The Bansal Wire IPO minimal marketplace lot is 58 stocks with ₹14,848 utility quantity. The retail buyers can follow up-to 13 rather a lot with 754 stocks or ₹193,024 quantity.

Bansal Wire IPO Allotment & Listing Dates

The Bansal Wire IPO date is July 3 and the shut date is July 5. The Bansal Wire IPO allotment can be finalized on July 8 and the IPO checklist on July 10.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Bansal Wire IPO Form

How to use for the Bansal Wire IPO? You can follow for Bansal Wire IPO by the use of ASBA to be had to your checking account. Just pass to the net financial institution login and follow by the use of your checking account via deciding on the Bansal Wire IPO within the Invest segment. The different choice is you’ll follow for Bansal Wire IPO by the use of IPO bureaucracy downloaded by the use of NSE and BSE. Check out the Bansal Wire bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and post to your financial institution or along with your dealer.

Bansal Wire Company Financial Report

Bansal Wire IPO Valuation – FY2023

Check Bansal Wire IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Rajratan Global Wire Limited

• Arun Gupta
• Anita Gupta,
• Pranav Bansal
• Arun Kumar Gupta HUF

Bansal Wire IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Bansal Wire IPO Allotment Status Check

Check Bansal Wire IPO allotment standing on Kfin Technologies web site allotment URL. Click Here

Bansal Wire IPO Lead Managers aka Merchant Bankers

• SBI Capital Markets Limited
• Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Company Address

Bansal Wire Industries Limited
F-3, Main Road
Shastri Nagar,
Delhi-110052
Phone: 011-2365 1891
Email: [email protected]
Website: https://bansalwire.com/

Bansal Wire IPO FAQs

Note: The Bansal Wire IPO worth band and date aren’t formally introduced but. The IPO gray marketplace top rate (Bansal Wire IPO Premium) can be added to the IPO gray marketplace web page as it’s going to get started).