Bansal Wire IPO Allotment to be Finalized Today: How to Check Your Status

• Allotment Date: The share allotment for the Bansal Wire IPO will be finalized today, Monday, July 8.
• Registrar: Investors can check their allotment status on the registrar’s website, Kfin Technologies Ltd.

IPO Subscription Overview:

• Subscription Dates: The IPO opened on Wednesday, July 3, and closed on Friday, July 5.
• Investor Response: The issue received a strong response with Qualified Institutional Buyers (QIBs) subscribing 146.05 times, Non-Institutional Investors (NIIs) 51.46 times, and retail investors 13.64 times.
• Overall Subscription: The IPO was subscribed 59.57 times by the end of the last day.

Checking Allotment Status:

Kfin Technologies Portal:

1. Link: Visit the Kfin Technologies IPO status link: Kfin Technologies IPO Status.
2. Steps:
   • Choose one of the five available URLs.
   • Select “Bansal Wire IPO” from the “Select IPO” drop-down menu.
   • Enter your application number, Demat account, or PAN.
   • Complete the captcha and hit “Submit.”

BSE Website:

1. Link: Visit the BSE allotment page: BSE Allotment Status.
2. Steps:
   • Choose ‘Equity’ under ‘Issue Type.’
   • Select ‘Bansal Wire IPO’ from the ‘Issue Name’ drop-down menu.
   • Enter your application number or PAN and submit.

NSE Website:

1. Link: Visit the NSE IPO allotment page: NSE IPO Status.
2. Steps:
   • Register with your PAN by clicking ‘Click here to sign up.’
   • Log in with your username, password, and captcha code.
   • Check your IPO allocation status on the following page.

Additional Information:

• Refunds and Share Credit: If you did not get shares, the refund process will start on Tuesday, July 9. Allotted shares will be credited to your Demat account the same day.
• Listing Date: The shares of Bansal Wire will be listed on Wednesday, July 10.

Grey Market Premium (GMP):

• Current GMP: The grey market premium for Bansal Wire IPO is ₹76, suggesting that the shares are trading at a premium in the grey market.
• Expected Listing Price: Considering the GMP, the expected listing price is ₹332 per share, which is 29.69% higher than the IPO price of ₹256.

IPO Details:

• IPO Size: The Bansal Wire IPO is worth ₹745 crore, consisting of a fresh issue of 29,101,562 equity shares with no offer-for-sale (OFS) component.
• Lead Managers: SBI Capital Markets Limited and Dam Capital Advisors Ltd are the book-running lead managers.
• Registrar: Kfin Technologies Limited is the registrar for the issue.

By following these steps and information, investors can easily check their allotment status and stay informed about the Bansal Wire IPO.