The details about the Bansal Wire Industries Limited IPO is as:
- The issue size of the Bansal Wire Industries Limited IPO is 745 Cr.
- The price band for Bansal Wire Industries Limited IPO is Rs 243 to Rs 256.
- The shares of Bansal Wire Industries Limited IPO will list on 10th July 2024.
- The latest tentative GMP of Bansal Wire Industries Limited IPO is Rs 65.
- The shares of Bansal Wire Industries Limited IPO is subscribed 62.76 Times as of 5th July 2024.
Bansal Wire Industries Limited IPO Valuation
The approx valuation of Bansal Wire Industries Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 256 |
| Existing Shares (Qty) |
12.74 Cr |
| Fresh Issue |
745 Cr |
| Market Cap |
4006.44 Cr |
| EPS (FY24) |
Rs 6.18 |
| PE Ratio |
41.42x |
| Industry PE |
28.97x |
Bansal Wire Industries Limited IPO Issue Size
Bansal Wire Industries Limited IPO issue size is 745 Cr.
| Issue |
Amount |
| Fresh Issue |
745 Cr |
| Offer For Sale |
0 Cr |
Bansal Wire Industries Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 58 shares and a maximum of 13 lots of 754 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
58 |
14,848 |
| Maximum |
13 |
754 |
1,93,024 |
Bansal Wire Industries Limited IPO share offer
The shares of Bansal Wire Industries Limited IPO is subscribed 62.76 Times as of 5th July 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
153.86 Times |
| Non-Institutional |
Minimum 15% |
54.21 Times |
| Retail Individual |
Minimum 35% |
14.37 Times |
| Total |
|
62.76 Times |
Find below the dates for Bansal Wire Industries Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
8 July 2024 |
| Refunds |
9 July 2024 |
| Credit to Demat Account |
9 July 2024 |
| IPO Listing Date |
10 July 2024 |