The allotment status for Bansal Wire IPO (Initial Public Offering) will be determined on July 8, 2024. The refund process will begin on July 9, 2024 and shares will be added to Demat accounts on July 9, 2024. It is expected that Bansal Wire IPO will be listed on July 10, 2024. Investors can check their allotment status online on the kfintech website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Bansal Wire IPO online or offline.
The company plans to raise approximately ₹745.00 Crores through the IPO, with a fixed price per equity share of ₹243 to ₹256. The IPO will be listed on the NSE, BSE.
How To Check Bansal Wire IPO Allotment Status:
Bansal Wire IPO Time Table:
| Event | Date |
| Opening Date | 3 July 2024 (Wednesday) |
| Closing Date | 5 July 2024 (Friday) |
| Basis of Allotment | 8 July 2024 (Monday) |
| Initiation of Refunds | 9 July 2024 (Tuesday) |
| Credit of Shares to Demat | 9 July 2024 (Tuesday) |
| Listing Date | 10 July 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 5 July 2024 |
Bansal Wire IPO Subscription Status:
| Category | Subscription |
| QIB | 153.86x |
| NII | 54.21x |
| Retail | 14.37x |
| Total | 62.76x |
Bansal Wire IPO Allotment Date:
The allotment date for Bansal Wire IPO is 8 July 2024.
Bansal Wire IPO Allotment Timing:
The allotment status of Bansal Wire IPO will be updated on the register’s website between 10:00 PM tonight (8 July 2024) and 11:00 AM tomorrow (9 July 2024).
Bansal Wire IPO Allotment Chances:
The basis of allotment for the Bansal Wire IPO will be around 6.96%, as determined by the retail subscription rate. (Approx.)
You can Check Bansal Wire Industries IPO Allotment Status in two ways:
Bansal Wire Industries IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Bansal Wire Industries IPO.
- Enter the Bansal Wire Industries IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Bansal Wire Industries IPO: Discover Your Allotment Status on kfintech
- Go to the direct kfintech link at (Click Here) and log in.
- Select the Bansal Wire Industries IPO.
- Enter the Bansal Wire Industries IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Bansal Wire Industries IPO Allotment Link
Bansal Wire IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Bansal Wire IPO GMP | ₹65 | 25.39% |
About Bansal Wire Industries Limited
Founded in December 1985, Bansal Wire Industries Limited specializes in manufacturing stainless steel wires.
Our Products and Services
We operate in three main categories:
- High Carbon Steel Wire
- Low Carbon (Mild) Steel Wire
- Stainless Steel Wire
With over 3,000 different steel wire products, from very thin to very thick, we serve more than 5,000 customers across various industries. This diversity fuels our growth.
Risk Management and Pricing Strategy
To minimize risk, we avoid over-reliance on a single customer or industry. Our pricing model is designed to handle fluctuations in material costs effectively.
Global Presence
Bansal Wire has a strong presence across India and exports to over 50 countries, making us a key player in the global market. We have 14 global representatives in countries including Bangladesh, Brazil, France, Germany, Israel, Italy, the Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam. Our export turnover has grown at a CAGR of 47.15% over the last three years.
Manufacturing and Sales Team
We have four manufacturing units located in:
- Mohan Nagar, Ghaziabad
- Loni Industrial Area, Ghaziabad (two units)
- Bahadurgarh, Jhajjar, Haryana
Since 2021, we have built a sales team of over 50 experienced professionals who cover all regions of India and serve our extensive customer base.
Why Choose Bansal Wire Industries?
With our diverse product range, robust risk management, strategic pricing, and strong global presence, Bansal Wire Industries Limited stands as a leader in the steel wire manufacturing industry.
Bansal Wire IPO FAQs
When is Bansal Wire IPO Allotment Date?
Bansal Wire IPO Allotment is to be available on July 8, 2024.
What will be Bansal Wire IPO Refund Date?
The Bansal Wire IPO refund date is July 9, 2024.
What are the Bansal Wire IPO Allotment Chances in Percentage (%)?
The Bansal Wire IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 6.96%. (Approx.)
How do I Check My Bansal Wire IPO Allotment Status?
How to Check Your Bansal Wire IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Bansal Wire IPO Allotment Status?
To check your Bansal Wire IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Bansal Wire IPO Allotment via Registrar ( Name )?
To check the allotment status of Bansal Wire IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Bansal Wire IPO Listing Date?
Bansal Wire IPO listing date is July 10, 2024. The IPO is to list on NSE, BSE.
For Motre Detail of Bansal Wire IPO Click Here
For More Latest News Click Here
