|
Issue Open Date
|
03-Jul-24
|
|
Issue Closing Date
|
05-Jul-24
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Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
243
-
256
|
|
Minimium Application No.
|
58
|
|
Issue Size (Shares)
|
21460906
|
|
Market Lot
|
1.00
|
|
|
|
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.
|
|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
4598766
|
236660068
|
51.46
|
Qualified Institutional Buyers
|
6131687
|
895504630
|
146.05
|
Retail Individual Investors
|
10730453
|
146359056
|
13.64
|
|
|
|
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% mark |
more... |
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|
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 |
F-3 Main Road Shastri Nagar North Delhi
Delhi
,
Delhi
,
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
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Listed at |
BSE, NSE
|
|
Lead Manager |
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) SBI Capital Markets Ltd
|
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Promoters |
Anita Gupta Arun Gupta Arun Kumar Gupta HUF Pranav Bansal
|
|