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Shareholding Pattern
Subscription
Last Updated as on 05-Jul-2024 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 5820312 | 895504630 | 153.86 |
| HNIs | 4365235 | 236659256 | 54.21 |
| HNIs (10L+) | 2910157 | 160834638 | 55.27 |
| HNIs (2-10L) | 1455078 | 75824618 | 52.11 |
| Retail | 10185547 | 146358012 | 14.37 |
| Total | 20371094 | 1278521898 | 62.76 |
Application Wise Breakup (Approx) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 3584 | 39130 | 10.92 |
| HNIs (2-10L) | 1792 | 89466 | 49.93 |
| Retail | 175613 | 2036985 | 11.6 |
| Total Applications: 2165581 | |||
| © IPO Premium | |||
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹52.88 | @8% ₹60.43 | @9% ₹67.99 | @10% ₹75.54 | @11% ₹83.09 | @12% ₹90.65 |
| Big HNI (10L+) Cost per lot (7 Days) |
|---|
| Assuming fix interest of ₹2000 per application Big HNI (10L+) costing for every 1 lot allotment is ₹22108 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 58 | 14848 | 175613 |
| sHNI | 14 | 812 | 207872 | 1792 |
| bHNI | 68 | 3944 | 1009664 | 3584 |
Bansal Wire IPO Details
| Total Issue Size | [29,101,562] shares (aggregating up to ₹745.00 Cr) |
| Fresh Issue | [29,101,562] shares (aggregating up to ₹745.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 127,454,390 |
| Share holding post issue | 156,555,952 |
Bansal Wire IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 21.19% | 23.71% | 29.92% |
| ROCE | 18.46% | 17.34% | 18.59% |
| D/E | 1.48 | 1.49 | 1.85 |
| RONW | 18.27% | 21.21% | 25.69% |
| EPS (basic & diluted) | 6.18 | 4.7 | 4.58 |
| P/E (Pre IPO) | 41.41 | ||
| P/E (Post IPO) | 50.86 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 1,264.01 | 749.05 | 695.48 |
| Revenue | 2,470.89 | 2,422.57 | 2,205.07 |
| Profit After Tax | 78.8 | 59.93 | 57.29 |
| Net Worth | 422.37 | 282.51 | 223.01 |
| Reserves and Surplus | 358.64 | 273.41 | 213.91 |
| Total Borrowing | 681.14 | 422.19 | 413.15 |
| Amount in Crore | |||
About Section
Incorporated in December 1985, Bansal Wire Industries Limited is a prominent stainless steel wire manufacturing company operating in three main segments: high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire. The company produces over 3,000 types of steel wire products, catering to more than 5,000 customers across various industries, thus ensuring diverse revenue streams and reducing dependency on any single customer. Bansal Wire utilizes a dynamic pricing model to mitigate fluctuations in material costs. With a robust presence across India and export operations in over 50 countries, including key markets such as Bangladesh, Brazil, France, Germany, Israel, Italy, Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam, the company has established itself as a global market leader. Its export turnover has impressively grown at a CAGR of 47.15% over the last three fiscal years. Bansal Wire operates four manufacturing units located in Mohan Nagar, Ghaziabad, Loni Industrial Area, Ghaziabad, and Bahadurgarh, Jhajjar, Haryana, with two units in Loni Industrial Area. Since 2021, a dedicated sales team of over 50 experienced professionals has been serving the diverse needs of its extensive customer base across India.
Strength Factors
Diverse Customer Base: Serving over 5,000 customers across various sectors.
Economies of Scale: Leveraging large-scale operations to optimize costs and efficiency.
Extensive Product Portfolio: Offering over 3,000 stock keeping units with a balanced mix of high-volume and high-margin products.
Risk Factors
Manufacturing Disruptions: Any disruption, breakdown, or shutdown of manufacturing facilities could adversely impact the company's business, financial condition, operations, and cash flows.
Leasehold Dependency: Reliance on leasehold lands and rental properties for manufacturing facilities and registered office poses a risk if leases cannot be renewed or operations relocated on commercially reasonable terms.
Distribution Network Challenges: Inability to maintain or expand the distribution network and attract additional dealers in India could negatively affect the company's operations and financial condition.
Strength
Weakness
Latest Announcements
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Financial Results
Address
Bansal Wire Industries Limited
F-3, Main Road
Shastri Nagar,
Delhi-110052
Phone: 011-2365 1891
Email: investorrelations@bansalwire.com
Website: https://bansalwire.com/