IPO

IPO Snapshot

Bansal Wire Industries Ltd.

Issue Open Date	03-Jul-24
Issue Closing Date	05-Jul-24
Application Money	100
Allotment Money

Price Band ()	243 - 256
Minimum Bid Quantity.	58
Issue Size (Shares)	21460906
Market Lot	1

Objective

1. Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company.2.Investment in our Subsidiary for repayment or prepayment of all or a portion of certain of its outstanding borrowings.3.Funding the working capital requirements of our Company.4.General corporate purposes.

Business Description

We are 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. (Source: CRISIL Report) Our Company was incorporated in the year 1985 and since incorporation, we have consistent...

Promoter's Holding

Total Share Capital	122071390
Offered to Public	29101562
Promoter's Holding (Pre-Issue)	95.78
Promoter's Holding (Post-Issue)	77.97

Address

Address :F-3
Main Road
Shastri Nagar
North Delhi City :Delhi, State :Delhi Pincode :110052 Phone :011-23651891 / 92 / 93 Email : investorrelations@bansalwire.com Website : www.bansalwire.com

Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad

Listed at

BSE, NSE

Lead Manager

Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
SBI Capital Markets Ltd

Promoters

Anita Gupta
Arun Gupta
Arun Kumar Gupta HUF
Pranav Bansal