WEB Bansal Wire IPO: Key Details and Analysis

Upcoming News Article to Grab Reader Attention

Bansal Wire IPO to List on BSE, NSE on July 10, 2024

Get ready for the much-anticipated initial public offering (IPO) of WEB Bansal Wire Industries Limited, India's leading stainless steel wire manufacturer. The IPO is set to open for subscription on July 3 and will close on July 5, 2024. The tentative listing date for the IPO is Wednesday, July 10, 2024, on both BSE and NSE.

The price band for the IPO has been set at Rs. 243 to Rs. 256 per share. The company plans to raise Rs. 1,500 crore through this IPO.

WEB Bansal Wire Industries Limited stands as India's premier stainless steel wire manufacturer and holds the position of being the second-largest steel wire producer in the country. The company's products find applications in various industries, including automotive, construction, and engineering.

Stay tuned for more updates and analysis on the WEB Bansal Wire IPO in our upcoming news article.