Exchanges
BSE, NSE
Industry
Iron & Steel Products
Issue
Book building

Bansal Wire Industries IPO

₹350.35

+36.86% on listing

Listing-day close · NSE · 10 Jul 2024 · issue price ₹256

Bansal Wire Industries’ ₹745 crore IPO was priced at ₹256 a share. It listed on the NSE on 10 Jul 2024 and closed its first day at ₹350.35, up 36.86% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹745 Cr
Fresh issue
₹745 Cr
Offer for sale
—
Lot size
58 shares
Minimum investment
₹14,848
Face value
₹5
Registrar
Kfin Technologies

Subscription

Bansal Wire Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—44.08×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,008 Cr
P/E (post-issue)
50.9
EPS (post-issue)
₹5.03
Price to book
7.7
ROE
21.19%
ROCE
18.46%
Debt to equity
1.48
PAT margin
3.19%
Promoter holding
95.78% → 77.97%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
10 Jul 2024
Issue price
₹256
Open
₹356.00
High
₹372.00
Low
₹336.00
Close
₹350.35

Listing day on the NSE. The close was +36.86% on the issue price.

BANSAL WIRE INDUSTRIES L share price today

FAQs

When did the Bansal Wire Industries IPO open and close?

It opened on 3 Jul 2024 and closed on 5 Jul 2024.

What was the Bansal Wire Industries IPO price?

The price band was ₹243–256 a share. The final issue price was ₹256.

What is the lot size and minimum investment?

One lot is 58 shares, ₹14,848 at ₹256 a share. Retail investors apply in whole lots.

How much did Bansal Wire Industries raise?

₹745 crore: ₹745 crore of new shares.

How many times was the Bansal Wire Industries IPO subscribed?

44.08 times overall.

How did Bansal Wire Industries list?

It listed on the NSE on 10 Jul 2024 at ₹356.00 and closed the day at ₹350.35, up 36.86% on the ₹256 issue price.

Who is the registrar of the Bansal Wire Industries IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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