WEB Bansal Wire IPO Opens for Subscription on July 3, 2024

Mainline IPO to Raise 745 Crores

Price Band Fixed at 243 to 256 per Share

The Bansal Wire IPO, a Mainline IPO, is set to open for subscription on July 3, 2024. The IPO aims to raise 745 crores through the issuance of fresh equity shares.

The price band for the Bansal Wire IPO is fixed at Rs. 243 to Rs. 256 per share. The IPO will close on July 5, 2024.

The allotment for the Bansal Wire IPO is expected to be finalized on July 10, 2024. The shares of Bansal Wire Industries Limited will list on the BSE and NSE on July 15, 2024.

The Bansal Wire IPO has been nearly 4 times oversubscribed on its second day, fueled by robust demand from non-institutional and retail investors.

The price band for Bansal Wire Industries Limited IPO is Rs. 243 to Rs. 256. The shares of Bansal Wire Industries Limited IPO will list on 10th July 2024.

Bansal Wire Industries IPO received strong subscriptions from retail and non-institutional investors with the subscription status reaching 176%.

The Bansal Wire IPO is a testament to the strong fundamentals of the company and the growth potential of the wire industry. The IPO is expected to provide investors with an opportunity to participate in the growth story of Bansal Wire Industries Limited.