SBICAPS-Investec Value Add
- Handheld and gudied the company throughout its IPO journey, ensuring seamless closure
- Generated early commitment from Long-Only Investors, including EastSpring, SBI Life, DSP MF, HSBC MF, and Neuberger Berman, amon others
- Extensively marketed the deal and secured a significant position in the Anchor Book
CLIENT TESTIMONIAL
As the left lead banker, SBICAPS was with us all through, advised us on various aspects of IPO
and guided us seamlessly through the entire process. The quality of analyst and his deep
involvement helped us in conveying the Bansal Wire story to the investors across geographies
and build strong investor interest. We look forward to a continued partnership with SBICAPS. – Arun Gupta (Chairman & WTD), Pranav Bansal (MD & CEO)
Company Highlights
- Bansal Wire is a leading stainless-steel wire company with a market share of 20% as of March 31, 2023, in India.
- Bansal Wire, along with their Subsidiary, Bansal Steel & Power Limited, offer one of India’s most extensive steel
wire product portfolios, encompassing over 3,000 SKUs.
Deal Summary
Issue Size | `745 Cr | |
Issue Price | `256 | |
Issue Period | July 03 – 05, 2024 |
Subscription Details
Overall# | 62.9 times | |
QIB | 153.5 times | |
NII | 54.9 times | |
Retail | 14.6 times |