Bharat Wire Ropes Ltd IPO

Closed

Subscription Details

  • Open Date 18 Mar
  • Close Date 22 Mar
  • Lot Size 300
  • IPO Size ₹ 70 Cr
  • IPO Price Range ₹ 45
  • Min Investment ₹ 13500

Bharat Wire Ropes Ltd IPO Timeline

Open Date
18 Mar
Close Date
22 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 1,55,55,555 equity shares of face value of Rs. 10 each (equity shares) of Bharat Wire Ropes Limited (The Company or the Issuer) for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) aggregating up to Rs. 70.00 crores (the issue). The issue comprises a net issue to the public of 1,47,77,778 equity shares (the net issue) and reservation of 7,77,777 equity shares aggregating up to Rs. 3.50 crores for subscription by eligible employee (The employee reservation portion). The issue constitute 34.60% of the post-issue paid-up equity share capital and the net issue to the public constitue 32.87% of post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 45 per equity share and is 4.5 tims the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Bharat Wire Ropes Ltd IPO

Contact Information

Address

Plot 1&4 Atgaon Industrial,
Complex Taluka Shalpur,
Thane, Maharashtra 421601

Bharat Wire Ropes Ltd IPO Lead Manager

BOB Capital Markets LtdIntensive Fiscal Services Pvt Ltd
Open Demat Account