Bansal Wire Industries IPO is listing today, July 10, at 10:00 IST on the BSE and NSE. Here’s what you need to know:
IPO Listing Details:
- Date and Time: July 10, 10:00 IST
- Market: BSE and NSE, in a special pre-open session
- Stock Group: Listed in the ‘B’ Group of Securities
Predicted Listing Price:
- Amit Goel, Pace 360: Expects the share to list around ₹330-340, offering a 30% gain. Recommends booking profits post-listing.
- VLA Ambala, SMT: Predicts a listing price above ₹315, with a potential gain of 42-65%. Highlights strong financials and market demand.
- Prashanth Tapse, Mehta Equities: Anticipates a 25-30% gain, with a listing price around ₹320-330. Advises investors to book profits on listing day.
Also Read Bansal Wire IPO: GMP Soars on Strong Subscription, All Eyes on Allotment and Listing Dates
Grey Market Premium (GMP):
- Current GMP: +70, indicating a likely listing price of ₹326 per share, 27.34% above the IPO price of ₹256.
- Trend: GMP has been rising, suggesting strong listing prospects. Past GMP ranged from ₹0 to ₹76.
Experts recommend that investors consider booking profits on the listing day due to strong expected gains and market demand.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
