Bansal Wire IPO Subscription Status – IPO Closed

Bansal Wire IPO subscription status started on Wednesday July 3, 2024 and will close on July 5, 2024. Bansal Wire IPO to raise around ₹745 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹243 to ₹256 per equity share.

Bansal Wire IPO

Table of Contents


The Bansal Wire IPO minimum market lot is 58 shares with ₹14,848 application amount. The Bansal Wire IPO is a Mainline IPO, and it is to be listed on BSE and NSE.

Bansal Wire is the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India with a production of 72,176 MTPA and 206,466 MTPA, respectively, in Fiscal 2023, representing 20% and approximately 4% market share, respectively. (Source: CRISIL Report) The Company was incorporated in the year 1985 and since incorporation, they have consistently delivered quality products, creating a niche identity in the steel wire industry. With a legacy of 38 years, they take pride in their diversified portfolio, catering to a wide range of sectors such as automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement.


IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Bansal Wire IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.010.10153.86
NII2.5912.8454.22
bNII2.0011.5255.27
sNII3.7615.4552.11
RII2.656.5714.37
Total1.886.0662.76


Bansal Wire IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Bansal Wire IPO Review

  • May Apply

Bansal Wire IPO Form

How to apply for the Bansal Wire IPO? You can apply for Bansal Wire IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bansal Wire IPO in the Invest section. The other option is you can apply for Bansal Wire IPO via IPO forms downloaded online. Check out the Bansal Wire forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Bansal Wire IPO Subscription Status FAQs:


When Bansal Wire IPO Subscription will start?

The IPO subscription starts on July 3, 2024 for NII, and Retail Investors.

How to subscribe Bansal Wire IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Bansal Wire IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Bansal Wire IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bansal Wire “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Bansal Wire IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bansal Wire “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Bansal Wire IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bansal Wire ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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