About Bansal Wire Industries

Incorporated in December 1985, Bansal Wire Industries Limited is a stainless steel wire manufacturing company.

The company operates in three main segments: high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire.

The company makes over 3,000 different types of steel wire products, ranging in size from very thin to very thick. They have more than 5,000 customers in different industries, which helps the company grow.

To reduce risk, the company doesn't rely too much on one customer or one type of customer. They also use a pricing model that helps them deal with changes in material costs.

The company has a presence across India and operates in over 50 countries through product exports, solidifying its position as a key player in the global market.

The company exports products to over 50 countries. It has 14 global representatives covering Bangladesh, Brazil, France, Germany, Israel, Italy, Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam. Our 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 located 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.

Financials of Bansal Wire Industries

Total Assets

Revenue

Profit after Tax

*All values are in Rs. Cr

Category	Shares Offered	Shares Applied
QIBs Investor	0.00	0.00
Total HNIs Investor	0.00	0.00
Retail Investor	0.00	0.00
Shareholders Investor	0.00	0.00
Employee Investor	0.00	0.00
Total Subscription	--	--

Updated on N/A

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Profit*	Last Updated
20-11-2024	243	₹250	₹493 ( 102.88% )	₹14,500.00	29-May-2026 05:05 PM

Strengths of Company

Strong Market Position

Large Customer Base

Wide Product Portfolio

Experienced Management

Export Presence

Risks of Company

Raw Material Price Volatility

Supplier Dependency

Competitive Industry

Geographical Concentration Risk

Low Margin Business

Bansal Wire Industries FAQs

The Bansal Wire Industries IPO is a MAIN IPO with a total issue size of ₹ 745 crores. The IPO price band is fixed at ₹243 to ₹256 per share, and the minimum lot size is 58 Shares. The Bansal Wire Industries IPO will open on 3rd Jul 2024, and will close on 5th Jul 2024. has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE,NSE.

The Bansal Wire Industries IPO opens on 3rd Jul 2024 and closes on 5th Jul 2024.

The Bansal Wire Industries IPO lot size is 58 Share, and the minimum amount required for application is ₹ 14,848.

You can apply for the Bansal Wire Industries IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Bansal Wire Industries IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Bansal Wire Industries IPO listing date is 10th Jul 2024.