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

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