Bansal Wire Industries IPO Allotment Status, Subscription, and IPO Details

The Bansal Wire Industries allotment is set for July 8, 2024, with shares priced at ₹243 to ₹256 per share. The offering allows bidding for lots of 58 shares or multiples thereof.
Bansal Wire Industries IPO Allotment Status, Subscription, and IPO Details

Bansal Wire Industries Ltd IPO Allotment Status 

The allotment date for the Bansal Wire Industries IPO is set for July 8, 2024, with shares priced at a range of ₹243 to ₹256 per share and a face value of ₹5. The offering consists of lots of 58 shares, with bids accepted for these lots or their multiples.

Bansal Wire Industries Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Bansal Wire Industries IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Kfin Technologies website.

IPO Allotment Status BSE 

Here are steps to check Bansal Wire Industries Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Bansal Wire Industries Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Bansal Wire Industries allotment status on Kfin Technologies website

Step 1: Visit IPO registrar website – Kfin Technologies

Step 2: Select ‘Bansal Wire Industries’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Bansal Wire Industries IPO allotment status will be reflected on the screen.

Bansal Wire Industries Limited IPO GMP Today

The Bansal Wire Industries IPO GMP (Grey Market Premium) is ₹60 as of July 05.

Bansal Wire Industries Limited IPO Subscription Status 

Bansal Wire Industries IPO saw varied subscription levels on Day 2: QIBs subscribed at 0.09 times, Non-Institutional Investors at 12.16 times, and Retail Individual Investors at 6.18 times, resulting in a total subscription of 5.72 times.

Bansal Wire Industries Limited IPO Details

Bansal Wire IPO, valued at Rs 745 crores, consists solely of a fresh issue of 2.91 crore shares, opening July 3, 2024, and closing on July 5, 2024. Priced between ₹243 to ₹256 per share, it lists on July 10, 2024. Managed by SBI Capital Markets and Dam Capital Advisors, Kfin Technologies handles registration.

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