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.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.
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.
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
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.
Bansal Wire Industries IPO is expected to be listed on 10th July 2024.
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.
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.
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.
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.
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.
Bansal Wire Industries IPO was subscribed 62.76 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of Bansal Wire Industries IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , SBI Capital Markets Limited
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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