74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Bansal Wire Industries IPO (Bansal Wire Industries Limited IPO) Detail

Bansal Wire Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 745.00 Cr. The company is based in New Delhi and caters to Metal sector. Dam Capital Advisors (Formerly Idfc Securities ) , SBI Capital Markets are the merchant bankers of Bansal Wire Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th January 2024.

Bansal Wire Industries IPO open date is 3rd July 2024 and close date is 5th July 2024. IPO Allotment Date is 8th July 2024 and Listing date is 10th July 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 745.00 Cr. Avg IPO Size (Sector Based) : ₹ 534.35 cr.
  • Sector: Metal IPO so far: 4
  • Merchant Banker: Dam Capital IPO by BRLM so far: 53
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 2470.89 cr.
            PAT: (annualised): ₹ 78.80 cr. Read Financial Information >>
  • PE Ratio: 50.86x Average Sector PE Ratio: 25.66x

Bansal Wire Industries IPO Date

Date of DRHP:
18th January 2024
IPO Open Date:
3rd July 2024
IPO Close Date:
5th July 2024
IPO Allotment Date:
8th July 2024
Initiation of Refund:
9th July 2024
IPO Listing Date:
10th July 2024

Bansal Wire IPO Info, Size, Subscription

Bansal Wire Industries IPO size is ₹ 745.00 Cr. with IPO price of ₹ 256.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 745.00 Cr.

Issue Price:
₹ 256.00

Market Capitalisation :
₹ 4007.83 Cr.

PE multiple :
50.86

Subscription :
62.76 times

Pre Issue Promoter Holding :
73.60 %

Post Issue Promoter Holding :
59.92 %

Bansal Wire Industries IPO Information

Sub Sector : metal wires
Bansal Wire Industries Limited is 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 share, respectively, as per the CRISIL Report. Incorporated in 1985, it has built a niche identity in the steel wire industry over 38 years, offering a diversified portfolio catering to sectors like automotive, general engineering, infrastructure, hardware, consumer durables, power, transmission, agriculture, and auto replacement. The company manufactures over 3,000 SKUs, the highest among steel wire manufacturers in India, with sizes ranging from 0.04mm to 15.65mm. With a diversified base of more than 5,000 customers across various sectors, it operates a robust
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Object of Issue (Bansal Wire IPO Objectives)

  • Repayment or prepayment of all or a portion of certain outstanding borrowings availed by their Company and their Subsidiary
  • Funding the working capital requirements of the company
  • General corporate purposes

Dam Capital Advisors Limited (Formerly Idfc Securities Limited) is the book-running lead manager of the Bansal Wire Industries IPO. Kfin Technologies Limited is the Registrar for Bansal Wire Industries IPO.

Bansal Wire Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Bansal Wire Industries IPO?

Bansal Wire Industries IPO, based in New Delhi, operates in the   Metal sector with a focus on metal wires. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Bansal Wire Industries IPO size is ₹ 745.00 Cr. with fresh issue size of ₹ 745.00 Cr. and Offer for sale being ₹ Nil

When is Bansal Wire IPO allotment?

The IPO allotment date for Bansal Wire Industries IPO is expected to be 8th July 2024, after the finalization of basis of allotment. Investors can check Bansal Wire Industries IPO allotment status on the registrars website, Kfin Technologies Limited . Bansal Wire Industries IPO refund dates are 9th July 2024.

When is Bansal Wire Industries IPO listing date?

Bansal Wire Industries IPO is expected to be listed on 10th July 2024.

What is the price band for Bansal Wire IPO?

The upper price band for the Bansal Wire Industries IPO is set at ₹ 256.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Bansal Wire Industries IPO Review?

For IPO analysis on Bansal Wire Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Bansal Wire Industries IPO?

To apply for the Bansal Wire Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th July 2024. After submission, funds are blocked until the basis of allotment of Bansal Wire Industries IPO is finalised.

Who is the merchant banker of Bansal Wire IPO?

The merchant banker for Bansal Wire Industries IPO is Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , SBI Capital Markets Limited . Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Bansal Wire Industries IPO RHP for further details.

Who is the Registrar of Bansal Wire Industries IPO?

The registrar for Bansal Wire Industries IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Bansal Wire Industries IPO through their official website or helpline.

What is the Bansal Wire Industries IPO subscription?

Bansal Wire Industries IPO was subscribed 62.76 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Bansal Wire Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Bansal Wire Industries Financial Review Page

Bansal Wire Industries IPO subscription was 62.76 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bansal Wire Industries IPO listed at a listing price of 350.30 against the offer price of 256.00.

The current market price of Bansal Wire Industries is 386.60.

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