Bansal Wire Industries IPO GMP Today & Grey Market Premium

Bansal Wire Industries IPO Allotment Status
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Bansal Wire Industries IPO GMP Today in the Grey Market is Not Available at The Moment. Investors are Advised to Closely Monitor Market Trends and consult Reliable Sources for the Most up-to-date Information. It is important to Exercise Caution and Conduct Thorough Research Before Making Any Investment Decisions.

About Bansal Wire Industries IPO-

How Much GMP Price Bansal Wire Industries IPO today?, live Grey Market Premium Kostak Rates today live Bansal Wire Industries IPO Now. Subject to sauda Rate today, Bansal Wire Industries IPO as of today Subject to sauda rates kostak.

Bansal Wire Industries IPO is to open on 3 July, 2024. Bansal Wire Industries is a Mainline IPO to Raise 29,101,562 shares (Approx ₹745.00 Cr) Via IPO. The Bansal Wire Industries IPO Price Band is Fixed At ₹256 Per Every Share With a IPO Lot Size of 58 Shares.

About Bansal Wire Industries Data Like –
  • Pranav Bansal is the CEO of Bansal Wire Industries and Bansal Wire Industries was founded in the year 1985 and has just completed 35 years in operation.
  • Bansal Wire Industriesare 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 206,466MTPA, respectively, in Fiscal 2023, representing 20% and approximately 4% market share, respectively.
  • Our Company was incorporated in the year 1985 and since incorporation, we have consistently delivered quality products, creating a niche identity in the steel wire industry. With a legacy of 38 years, we take pride in our 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. We are an established player in the steel wire manufacturing business on account of the following.

Bansal Wire Industries IPO GMP With Per Lot Profit

DATE IPO GMP PRICE EST LISTING PRICE
10 July ₹72 ₹328
9 July ₹72 ₹328
8 July ₹71 ₹327
7 July ₹75 ₹331
6 July ₹75 ₹331
5 July ₹75 ₹331
4 July ₹59 ₹315
3 July ₹61 ₹317
2 July ₹66 ₹322
1 July ₹66 ₹322
30 June ₹62 ₹318
29 June ₹62 ₹318
28 June ₹0 ₹256

Also Read : Bansal Wire Industries IPO details, Date, Price, GMP, Review

Latest IPO GMP

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IPO Grey Market Premium (GMP) 

Before investing money in any IPO, one should pay more attention to the fact that the IPO GMP price is very volatile, if you are thinking of investing in Bansal Wire Industries IPO by looking at the GMP price, then your decision may prove to be quite risky. Before investing in a new IPO, you should have good knowledge about the business of the company. It should be your decision whether to invest in Bansal Wire Industries IPO or not and not by looking at the GMP price of the IPO.

Going to do. A good GMP premium/price gives you an indication of how much profit the IPO will make upon listing. Rather, if the GMP premium of an IPO is negative, then one should avoid investing money in that IPO. Readers should consult a qualified financial advisor before making investment decisions.

Any reader making any investment decision based on the information published here does so entirely at his own risk. Investors should be aware that any investment in the equity market is subject to unpredictable market-related risks. The author does not intend to invest in this offering.

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