Bansal Wire Industries lists with 38% premium on the BSE
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Bansal Wire Industries has debuted at Rs 352.05 on the BSE, up by 96.05 points or 37.52% from its issue price of Rs 256.00.
The scrip is currently trading at Rs 340.10, up by 84.1 points or 32.85% from its issue price.
It has touched a high and low of Rs 368.70 and Rs 335.85 respectively. So far 18.90 lakh shares were traded on the counter.
The offering, which was open for subscription between July 3, 2024 and July 5, 2024 was subscribed 62.76 times. The issue price was fixed at Rs 256.00 per share i.e. at upper end of price band of Rs 243-256 apiece.
Bansal Wire Industries manufactures high and low carbon steel wires/ galvanized wire / cable armoring wires and strips / stainless steel wires / profile, shaped wires, speciality wires and so on which have multiple application.
