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Open
18 Mar 2016
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Close
22 Mar 2016
3
Allotment
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Listing
Fri, Apr 1, 2016
Price Band
₹40 to ₹45
Issue Size
1,55,55,555 shares (agg. up to ₹70 Cr)
Lot Size
300 Shares
Listing Date
Fri, Apr 1, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.34x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Umiya Tubes Ltd. | SME | ₹2.00 Cr | ₹10 | null | ₹10.45 | +4.50% | ₹24.85 (-0.24%) |
| M.D.Inducto Cast Ltd. | SME | ₹17.24 Cr | ₹27 | null | ₹29.50 | +9.26% | ₹17.21 (-1.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance to set up a New Unit at MIDC Zone, at Chalisgaon, Dist: Jalgaon , Maharashtra | 60.00 |
| 2 | General Corporate Purposes | 5.82 |
About Bharat Wire Ropes IPO
Incorporated in 1986, Bharat Wire Ropes Ltd (BWR) is engaged in manufacturing and sales of wire ropes, structural strands, slings and wires which find its application in in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defence, railways etc. Company is also engaged in the business of trading of the steel related products.Company's steel wire ropes manufacturing facility with an installed capacity of 12,000 MTPA is located at Atgaon. Company also have a Pyrolysis plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel its current manufacturing process.Bharat Wire Ropes ltd is an ISO 9001:2008 certified company for the manufacture and supply of steel wire ropes, stainless steel wire ropes, non-ferrous wire ropes, slings, relevant conductors, wire for specialised applications and rope fittings in domestic and international market.BWR's Strengths:1. Experienced management team2. Diversified product mix3. Established player in the indian wire rope industry4. Diversified client base5. Pan-india custome
Contact Details
Bharat Wire Ropes Ltd. AddressPlot No.1&4, Atgaon Industrial ComplexNasik Highway, Atgaon (East)Taluka ShahpurThane, Maharashtra, 421601+91-2527-240123compliance@bharatwireropes.comVisit Website