| Bansal Wire Industries Ltd |
|---|
| Registered Office: F 3 Main Road, Shastri Nagar, Delhi - 110052, Delhi |
| Phone: 011 2365 1891/92/93 |
| 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-2024 | 05-Jul-2024 | ₹ 256.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 58.0 Further Multiples of : 58.0 | ||
|---|---|---|
| (₹)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 | ₹256.00 | |
| Projects |
|---|
| Repayment or prepayment of all or a portion of certain outstanding borrowings-Availed by the company |
| Repayment of prepayment of all or a portion of ceratin outstanding borrowings-Availed by the subsidiary |
| Funding the working capital requirements of the company |
| General corporate purposes |
| Promoted By |
|---|
| Arun Gupta |
| Anita Gupta |
| Pranav Bansal |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar to the Issue |
|---|
