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Open
3 Jul 2024
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Close
5 Jul 2024
3
Allotment
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Listing
Wed, Jul 10, 2024
Price Band
₹243 to ₹256
Issue Size
2,91,01,562 shares (agg. up to ₹745 Cr)
Lot Size
58 Shares
Listing Date
Wed, Jul 10, 2024
Latest GMP
₹70
Est. Gain
27.34%
✦ AI Insight
GMP Trend
10-07-2024₹70Est. ₹326+27.34%
09-07-2024₹70Est. ₹326+27.34%
08-07-2024₹70Est. ₹326+27.34%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 1,264.01 | 749.05 | 695.48 |
| Total Income | 2,470.89 | 2,422.57 | 2,205.07 |
| Profit After Tax | 78.80 | 59.93 | 57.29 |
| NET Worth | 422.37 | 282.51 | 223.01 |
| Reserves and Surplus | 358.64 | 273.41 | 213.91 |
| Total Borrowing | 681.14 | 422.19 | 413.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vibhor Steel Tubes Ltd. | Mainboard | ₹72.17 Cr | ₹151 | 10.17 | ₹446.25 | +195.53% | ₹124.44 |
| Ratnaveer Precision Engineering Ltd. | Mainboard | ₹165.03 Cr | ₹98 | null | ₹129.35 | +31.99% | ₹297.80 |
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹573.50 |
| Visaman Global Sales Ltd. | SME | ₹16.05 Cr | ₹43 | 38.25 | ₹47.35 | +10.12% | ₹55.45 |
| Deem Roll Tech Ltd. | SME | ₹29.26 Cr | ₹129 | 11.31 | ₹209.70 | +62.56% | ₹44.40 |
| Shree Marutinandan Tubes Ltd. | SME | ₹14.30 Cr | ₹143 | 17.44 | ₹210.00 | +46.85% | ₹52.62 |
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹42.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment of all or a portion of certain outstanding borrowings availed by the Company; | 452.68 |
| 2 | Investment in our Subsidiary for repayment or prepayment of all or a portion of certain of its outstanding borrowings | 93.71 |
| 3 | Funding the working capital requirements of the Company; and | 60.00 |
| 4 | General corporate purposes. | 86.55 |
About Bansal Wire Industries IPO
Updated on Aug 5, 2026
Contact Details
Bansal Wire Industries Ltd. AddressF-3, Main RoadShastri NagarDelhi, New Delhi, 110052011-2365 1891investorrelations@bansalwire.comVisit Website