Bansal Wire IPO is set to open on July 3, aiming to raise ₹745 crores. With a price band fixed at ₹243 to ₹256 and a market lot of 58 shares, this IPO has generated significant interest. Bansal Wire is the largest stainless steel wire manufacturing company and the second-largest steel wire manufacturer by volume in India. Established in 1985, the company has carved a niche in the steel wire industry by consistently delivering high-quality products. Let’s delve into the latest information about Bansal Wire IPO Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates.
What is Bansal Wire IPO GMP Today?
The Bansal Wire IPO Grey Market Premium (GMP) today is ₹65. This GMP indicates the premium amount at which IPO shares are being traded in the grey market before their official listing on the stock exchange.
What is Bansal Wire IPO Kostak Rates Today?
The Kostak rate for Bansal Wire IPO is currently ₹-. The Kostak rate represents the premium one gets by selling an IPO application to someone else before the allotment or listing of the issue.
What is Bansal Wire IPO Subject to Sauda Price Today?
The Subject to Sauda rate for Bansal Wire IPO today is ₹2,500. This rate is the premium for the confirmation of IPO allotment.
Bansal Wire IPO Expected Returns?
The expected return for the Bansal Wire IPO is 25%. This estimation is based on current market trends and investor sentiment.
Bansal Wire IPO GMP Live Rates Day by Day
| Date | IPO GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| Today | ₹65 | ₹- | ₹2,500 |
| 02 July | ₹65 | ₹- | ₹2,900 |
| 01 July | ₹65 | ₹- | ₹2,000 |
| 30 June | ₹50 | ₹- | ₹1,500 |
Bansal Wire IPO GMP aka Grey Market Premium FAQs
What is Bansal Wire IPO GMP Today?
The Bansal Wire IPO GMP is ₹65 as of today.
What is Bansal Wire IPO Kostak Rate Today?
The Bansal Wire IPO Kostak Rate is ₹- as of today.
What is Bansal Wire IPO Subject to Sauda Today?
The Bansal Wire IPO Subject to Sauda is ₹2,500 as of today.
What is Bansal Wire IPO Expected Returns?
The expected return for Bansal Wire IPO is 25%.
Disclaimer
The IPO Grey Market Premium (Bansal Wire IPO GMP) mentioned is valid for the specific date mentioned. We do not engage in the buying and selling of IPO forms on the grey market. The Kostak Rate is the premium one gets by selling an IPO application in an off-market transaction before allotment or listing. Investors are advised not to subscribe to IPOs solely based on the premium price, as it may change before listing. Always consider the company’s fundamentals before investing.
Stay tuned for the latest updates on Bansal Wire IPO.