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Bansal Wire Industries Limited

  July 3,2024
The company offers over 3,000 products manufactured at five of its facilities with a total capacity of 259,000 MTPA as a manufacturer of high carbon, mild steel, and stainless steel wires. Exports make up 11.49% of its income, and it has a strong dealer network in 22 states and 6 union territories. In FY2024, Bansal Wire Industries earned ₹2,470.89 Cr in revenue and ₹78.80 Cr in profit. This IPO is a great opportunity to invest in a growing and diverse company with a solid track record and global presence.
 
The company is
•  Entering the B2C segment with steel products and establishing a retail distribution network
•  Increasing its margin profile by focusing on high-margin products and adding a specialty wire segment
•  Expanding export sales and targeting growth in sectors like automotive and infrastructure
 
Research note: - https://bit.ly/4btOULv 
 
To apply for this IPO, get in touch with us.

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