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Bansal Wires IPO Day 1: Check subscription status, GMP, lot size here

Business Standard LogoBusiness Standard2d ago

Bansal Wires IPO Day 1: Check subscription status, GMP, lot size here - Business Standard

Quick Summary:

The allotment for the Bansal Wire IPO are anticipated to be finalised on Monday, July 8, 2024.

Given these factors, analysts at Anand Rathi have recommended a "Subscribe – Long Term" rating for the IPO, reflecting confidence in the company's strategic positioning and growth prospects in the steel wire manufacturing sector.

The Grey Market Premium (GMP) of the company is Rs 60, indicating a listing gain of 23.4 per cent for Bansal Wire on the bourses.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 14:45:19 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 622 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21469982

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 303 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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