Bansal Wire Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 03-07-2024 | 05-07-2024 | 5 | 256 | 58 Shares | BSE, NSE | 29,101,562 shares (aggregating up to ₹745.00 Cr) | 2024-07-08 00:00:00 | 2024-07-09 00:00:00 | 2024-07-09 00:00:00 | 10-07-2024 |
About The Company
Bansal Wire IPO is a book built issue of Rs 745.00 crores. The issue is entirely a fresh issue of 2.91 crore shares.
Bansal Wire IPO opens for subscription on July 3, 2024 and closes on July 5, 2024. The allotment for the Bansal Wire IPO is expected to be finalized on Monday, July 8, 2024. Bansal Wire IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, July 10, 2024.
Bansal Wire IPO price band is set at ₹243 to ₹256 per share. The minimum lot size for an application is 58 Shares. The minimum amount of investment required by retail investors is ₹14,848. The minimum lot size investment for sNII is 14 lots (812 shares), amounting to ₹207,872, and for bNII, it is 68 lots (3,944 shares), amounting to ₹1,009,664.
SBI Capital Markets Limited and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the book running lead managers of the Bansal Wire IPO, while Kfin Technologies Limited is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2024 | 1264 | 2471 | 79 | 422.37 | 358.64 | 681.14 |
| 31-03-2023 | 749 | 2423 | 60 | 282.51 | 273.41 | 422.19 |
| 31-03-2022 | 695 | 2205 | 57 | 223.01 | 213.91 | 413.15 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 153.86 |
| Non-Institutional Buyers | 54.21 |
| bNII (bids above ₹10L) | 55.27 |
| sNII (bids below ₹10L) | 52.11 |
| Retail Investors | 14.37 |
| Total | 62.76 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | 14848 |
| Retail (Max) | 13 | 754 | 193024 |
| S-HNI (Min) | 14 | 812 | 207872 |
| S-HNI (Max) | 67 | 3886 | 994816 |
| B-HNI (Min) | 68 | 3944 | 1009664 |
IPO Listing Details
| Listing Date | 10-07-2024 |
| BSE Script Code | 544209 |
| NSE Symbol | BANSALWIRE |
| ISIN | INE0B9K01025 |
| Final Issue Price | 256 |
Promoter holdings
Arun Gupta, Anita Gupta, Pranav Bansal and Arun Kumar Gupta HUF.
Contact Information of the Company
Bansal Wire Industries Limited
F-3, Main Road
Shastri Nagar,
Delhi-110052
Phone: 011-2365 1891
Email: investorrelations@bansalwire.com
Website: https://bansalwire.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bwil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
SBI Capital Markets Limited (Past IPO Performance) Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) (Past IPO Performance)