Bansal Wire Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Bansal Wire Industries Ltd IPO
Registered Office: F 3 Main Road,Shastri Nagar , Delhi - 110052 , Delhi , India. 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		Money Payable On
Opens On	Closes On	Application	Allotment
03-Jul-24	05-Jul-24	(Rs)256.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :58 Further Multiples of :58

(Rs Cr)

Lead Managers to the Issue

Project Cost

692.94

DAM Capital Advisors Ltd

Project Financed through Current Offer

745.00

Post Issue Equity Share Capital

78.28

Issue Price

(Rs)256.00

Projects

Repayment or prepayment of all or a portion of certain outstanding borrowings-Availed by the company	Funding the working capital requirements of the company
Repayment of prepayment of all or a portion of ceratin outstanding borrowings-Availed by the subsidiary	General corporate purposes

Promoted By
Arun Gupta
Anita Gupta
Pranav Bansal

Listing At
BSE
NSE

Registrar to the Issue

KFin Techologies Ltd