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Bansal Wire Industries Ltd

Bansal Wire Industries Ltd

    Registered Office : F 3 Main Road,Shastri Nagar,Delhi Delhi 110052 Phone : 011 2365 1891/92/93
    Fax :

    Email : investorrelations@bansalwire.com

    Website : www.bansalwire.com

Initial public offering of 29,101,562 equity shares of face value of Rs. 5 each ("Equity Shares") of Bansal Wire Industries Limited (the "Company" or the "Issuer") for cash at a price of Rs. 256 per equity share of face value of Rs. 5 each (including a share premium of Rs. 251 per equity share) ("Issue Price") aggregating to Rs. 745.00 crores (the "Issue"). The issue constituted 18.59% of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 5 each. the issue price is 51.20 times the face value of the equity shares.

Issue

Opens On

Closes On

03-Jul-2024

05-Jul-2024

Money Payable On

Application

Allotment

256.00

0.00

Minimum Application for shares in Nos : 58.0 Further Multiples of : 58.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

692.94

745.00

78.28

256.00

DAM Capital Advisors Ltd

SBI Capital Markets Ltd

Projects
  • Repayment or prepayment of all or a portion of certain outstanding borrowings-Availed by the company
  • Repayment of prepayment of all or a portion of ceratin outstanding borrowings-Availed by the subsidiary
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • Arun Gupta
  • Anita Gupta
  • Pranav Bansal
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd