Bansal Wire Industries Limited

Lot Size
1 Lot = 58 Qty
Min Investment
Listing Gain

IPO Details

Open Date
Jul 03, 2024
Close Date
Jul 05, 2024
Allotment Date
Jul 08, 2024
Allotment Date
Jul 08, 2024
Refund Initiation
Jul 09, 2024
Demat Transfer
Jul 09, 2024
Listing Date
Jul 10, 2024
Fresh Issue
Offer For Sale
Issue Price
₹243 to ₹256
Face Value
Issue Type
Fresh Issue
Total Issue Size
745 CR
QIB + NII Quota
50 + 15%
Retail Quota
Listing On
Link Intime India Pvt Ltd
Check Allotment Status

Company Financial Rusult In Crore

31-Mar-2024 1264.01 2470.89 78.80
31-Mar-2023 749.05 2422.57 59.93
31-Mar-2022 695.48 2205.07 57.29

About Bansal Wire Industries Limited

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 does not  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.



DISCLAIMER: None of the financial information published herein should be construed as an offer to buy or sell securities or as advice in any way. All information published herein is for educational and informational purposes only and should not be relied upon as a basis for investment decisions under any circumstances. Readers must consult a qualified financial advisor before making any actual investment decisions based on the information published herein. Any reader who makes decisions based on the information published herein does so solely at his or her own risk. Investors should be aware that any investment in equity markets is subject to unpredictable market-related risks. The author does not intend to invest in this offering.