Bansal Wire Industries Ltd.
Industry:
Steel & Iron Products
Issue Details
Open Date
03 Jul 2024Close Date
05 Jul 2024Size (in Crs.)
549.399
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-13Lot Size
58
Type
Book building
Face Value
5
Market Lot
1
Objective of the Issue
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.
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 consistently delivered quality products, creating a niche identity in the steel wire industry. With a legacy of 38 years, we tak... Show More
Address
F-3, Main Road , Shastri Nagar , North Delhi
Delhi
110052
State
Delhi
Phone No.
011-23651891 / 92 / 93
investorrelations@bansalwire.com
Website
www.bansalwire.com
Promoter Holding
Promoters:
Anita Gupta, Arun Gupta, Arun Kumar Gupta HUF, Pranav Bansal
Total Share Capital
122071390
Offered to Public
29101562
% Promoter's Holding (Pre-Issue)
95.78
% Promoter's Holding (Post-Issue)
77.97
Shares on offer
Total Share Offer
122071390
Of above offred to public
29101562
Post Issue shares
NA
Post Issue Promoters
77.97
Lead Managers to the Issue:
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), SBI Capital Markets Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032
Phone No.
040 - 67162222/18003094001
einward.ris@kfintech.com
Website
www.kfintech.com
Fax
-