Issue Price
₹243- ₹256
per equity share
Issue Size
3.07 crores
equity share
Face Value
₹
per equity share
Market Lot
58
equity share
Please note
Listing at BSE
BANSAL WIRE INDUSTRIES LIMITED
Important Dates
IPO Open Date
03 Jul 2024
IPO Close Date
05 Jul 2024
Allotment Date
08 Aug 2024
Initiation of Refunds
09 Aug 2024
Credit of Shares to Demat Account
09 Aug 2024
IPO Listing Date
10 Aug 2024
UPI Mandate Expiry Date
05 Jul 2024
IPO Details
Bansal Wire Industries has come up with an offering of a public issue. This initial public offering (IPO) will come with a total issue size of up to Rs 745 crore. This new IPO is being made through a book-built type with a reservation of not less than 50% of the net issue being offered to qualified institutional buyers, retail investors being offered not less than 35% of the net issue, and not less than 15% of the net issue is reserved for HNI category. This IPO will be open for subscription from June 21, 2024, till June 25, 2024, whereas the listing date is decided on June 28, 2024, and refund initiation for those who will not get allotted the share will be on June 27, 2024. keep in mind that the public offering is proposed to be listed on the NSE exchange on an SME segment.About BANSAL WIRE INDUSTRIES LIMITED
Parent Organisation
-
Founded
1985
Managing Director
Arun Gupta
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
Keep these documents ready