
Manufacturing / Industrial Goods · NSE / BSE
Bansal Wire Industries Limited, incorporated in December 1985, is a leading manufacturer of stainless steel wire, specializing in high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire. The company offers over 3,000 types of steel wire products, serving more than 5,000 customers across various industries, ensuring a diversified revenue base. With a strong domestic presence and exports to over 50 countries, including key markets like the U.S., U.K., Germany, and South Korea, Bansal Wire has achieved a remarkable export turnover CAGR of 47.15% over the last three fiscal years. The company operates four manufacturing units in Mohan Nagar, Ghaziabad; Loni Industrial Area, Ghaziabad (with two units); and Bahadurgarh, Jhajjar, Haryana. To navigate material cost fluctuations, Bansal Wire employs a dynamic pricing model. Since 2021, a dedicated sales team of over 50 professionals has been catering to customers nationwide, reinforcing its position as a global market leader in the steel wire industry.
Price Band
₹243 – ₹256
Issue Size
₹745 Cr
Lot Size
58 shares
GMP
+27.3%
Est. Listing
₹326
at current GMP
Subscribed
62.76x
overall
Open
3 Jul 2024
Close
5 Jul 2024
Allotment
8 Jul 2024
Refund
9 Jul 2024
Demat Credit
10 Jul 2024
Listing
10 Jul 2024