Company Name | Bansal Wire Industries Limited |
Open Date | 03-07-2024 |
Close Date | 05-07-2024 |
Exchange | BSE, NSE |
Lot Size | 58 Shares |
Issue Price | ₹243 to ₹256 per share |
Issue Size | 2,91,01,562 shares |
Application Amount | ₹ 14,848 (58 shares) – 1,93,024 (754 shares) |
Recommendation | Apply |
Incorporated in December 1985, Bansal Wiren Industries Limited is a stainless-steel wire manufacturing company that operates in three main segments: high-carbon steel wire, low-carbon steel wire (mild), and stainless-steel wire. The company exports products to over 50 countries. It has 14 global representatives. The export turnover has grown at a CAGR of 47.15% in the last three fiscal years. The company has four manufacturing units in Mohan Nagar, Ghaziabad, Loni Industrial Area, Ghaziabad, and Bahadurgarh, Jhajjar, Haryana. Out of four units two are in Loni Industrial Area, Ghaziabad. Since 2021, the company has established a sales team of over 50 experienced professionals to cover all regions of India and serve 5,000+ customers in various sectors.
KPI’s | 2022 | 2023 | 2024 |
Revenue | 2,198.36 | 2,413.01 | 2,466.03 |
EBITDA | 106.43 | 105.14 | 144.46 |
Net Profit | 57.29 | 59.93 | 78.80 |
RoCE | 27.61% | 19.66% | 16.74% |
ROE | 25.69% | 21.21% | 18.66% |
P/E | 55.90 | 54.47 | 41.42 |
Opening Date | 03/07/2024 |
Closing Date | 05-07-2024 |
Basis of Allotment | 08-07-2024 |
Initiation of Refunds | 09-07-2024 |
Credit of Shares to Demat | 09-07-2024 |
Listing Date | 10-07-2024 |
Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary. |
Funding the working capital requirements of the company. |
General Corporate Purposes. |
Registered Office | Bansal Wire Industries Limited F-3, Main Road Shastri Nagar, Delhi-110052 |
Phone | 011-2365 1891 |
investorrelations@bansalwire.com | |
Website | https://bansalwire.com/ |
Bansal Wire IPO DRHP |
Bansal Wire IPO RHP |
Name | Kfin Technologies Limited |
Phone | 04067162222, 04079611000 |
bwil.ipo@kfintech.com | |
Website | https://kosmic.kfintech.com/ipostatus/ |
Anchor Investor Shares Offered | 8,730,468 (30.00%) |
QIB Shares Offered | 5,820,313 (20.00%) |
NII (HNI) Shares Offered | 4,365,234 (15.00%) |
Retail Shares Offered | 10,185,547 (35.00%) |
Share Holding Pre Issue (Promoters) | 95.78% |
Share Holding Post Issue (Promoters) | 77.97% |