1.Company Information

Incorporated in December 1985, Bansal Wire Industries Limited is a stainless steel wire manufacturing company.
The company operates in three main segments: high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire.
The company makes over 3,000 different types of steel wire products, ranging in size from very thin to very thick. They have more than 5,000 customers in different industries, which helps the company grow.
To reduce risk, the company doesn't rely too much on one customer or one type of customer. They also use a pricing model that helps them deal with changes in material costs.
The company has a presence across India and operates in over 50 countries through product exports, solidifying its position as a key player in the global market.

2. Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1.Repayment and/ or prepayment of all or a portion of certain outstanding borrowings availed by the company; and
2. General corporate purposes

3.Bansal Wire IPO Registrar

Kfin Technologies Limited

Phone:04067162222, 04079611000

Email:bwil.ipo@kfintech.com

Website:Website:https://kosmic.kfintech.com/ipostatus/