Bansal Wire’s IPO will hit the market on July 03, 2024, and close on July 05, 2024. The Bansal Wire IPO GMP Kostak rate and subject to sauda updated as of today. The Bansal Wire IPO Grey Market Premium has started with low premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Bansal Wire IPO subscription status here.
Bansal Wire Industries Limited is a stainless steel wire manufacturing company. The company is the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India. The company offers over 3000 SKUs (i.e., stock keeping units) in three broad segments, i.e., high carbon steel wire, mild steel wire (low carbon steel wire), and stainless steel wire, with our Company’s offering of approximately 2000 SKUs and our Subsidiary’s offering of 1500 SKUs.
Bansal Wire IPO Issue size of ₹745.00 Crores, in which Fresh Issue of ₹745.00 Crores and issue price band has been fixed at ₹243 to ₹256 Per Share. The Bansal Wire IPO is to be listed on July 10, 2024, on NSE and BSE.
What is Bansal Wire IPO GMP Today?
■ The Bansal Wire IPO GMP Today Or Grey Market Premium is ₹60.
What is Bansal Wire IPO Kostak Rates Today?
■ The Bansal Wire IPO Kostak rate is ₹0.
What is Bansal Wire IPO Subject to Sauda Price Today?
■ The Bansal Wire IPO Subject to Sauda rates is ₹2500.
Bansal Wire IPO Approximately Returns?
■ The Bansal Wire IPO’s approximate return is 22%, and it can also change according to the Market Sentiment.
Bansal Wire IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 04 Jul 2024 | ₹60  | ₹0 | ₹2800 |
| 03 Jul 2024 | ₹60  | ₹0 | ₹2800 |
| 02 Jul 2024 | ₹65 | ₹0 | ₹3000 |
| 01 Jul 2024 | ₹65  | ₹0 | ₹3000 |
| 30 Jun 2024 | ₹60 | ₹0 | ₹2800 |
| 29 Jun 2024 | ₹60 | ₹0 | ₹2800 |
| 28 Jun 2024 | ₹0 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| Bansal Wire IPO Details: Click Here Bansal Wire IPO Subscription: Click Here Bansal Wire IPO Allotment: Click Here Bansal Wire IPO Listing: Click Here |
All Bansal Wire IPO-related links are available here. If you want to know the details then click on the click here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.