Bansal Wire IPO allotment – How to check allotment, IPO GMP, listing date and more

• Bansal Wire is expected to announce its share allotment status on Monday, July 8.
• The shares of Bansal Wire were subscribed 59.57 times.
• The shares are expected to be listed on the stock exchanges on July 10.

Delhi-based Bansal Wire, a stainless steel wire manufacturing company is expected to announce the allotment status of its initial public offering (IPO) on Monday, July 8.

The Bansal Wire IPO opened on July 3 and closed on July 5. The price band for the IPO was ₹243 to ₹256 per share.

Bansal Wire IPO subscription

On its last day, the Bansal Wire IPO was subscribed 59.57 times, receiving bids for 127.85 crore equity shares against 2.15 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 146.05 times, the non-institutional investor's portion was subscribed 51.46 times. The retail portion witnessed decent participation and was subscribed 13.64 times.

Bansal Wire IPO grey market premium

The shares of Bansal Wire are currently commanding a grey market premium (GMP) of ₹65 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Bansal Wire IPO allotment status

You can check the Bansal Wire IPO allotment status on the registrar’s website.

• To check the Bansal Wire IPO allotment status, visit the registrar’s website here.
• Click on ‘Company Selection’ and then select ‘Bansal Wire’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on ‘Search’.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Bansal Wire IPO allotment status on the BSE and NSE websites.

To check the Bansal Wire IPO allotment status on the BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Bansal Wire’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Bansal Wire listing date

The shares of Bansal Wire IPO will be listed on the stock exchanges on July 10.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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