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Bansal Wire Industries Limited IPO Subscription Status

📅Offer Date: 03 Jul 2024 – 05 Jul 2024

Minimum investment
₹14,84858 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total59.56x
QIB146.05x
NII51.45x
Retail13.61x

Bansal Wire Industries Limited IPO was subscribed 59.56x in total when bidding closed on 05 Jul 2024, with 146.05x in the QIB category, 51.45x in NII, 13.61x in retail. The issue ran from 03 Jul 2024 to 05 Jul 2024 at a price band of ₹243.00–₹256.00 per share.

QIB146.05xNII51.45xRetail13.61xTotal59.56x1×

Times subscribed by category against the 1× line.

14
≈ 1 in 14 retail allotment
low allotment chance

Based on retail subscription (13.61x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs58,20,31385,00,56,714146.05x
NIIs43,65,23422,45,91,28951.45x
SNIIs (<10L)14,55,0787,19,39,05649.44x
BNIIs (>10L)29,10,15715,26,66,83652.46x
Retail1,01,85,54713,86,25,29513.61x
Total2,03,71,0941,21,33,02,35959.56x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs149.0021761.45146.05x
NIIs111.755749.5451.45x
Retail260.753548.8113.61x
Total521.5031059.8059.56x

Values derived from share count × issue price (₹256.00)

What this means for allotment & listing

Because Bansal Wire Industries Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

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