Open App

You are Here : Moneycontrol Markets IPO Bharat Wire Ropes

IPO Issues Open Now

Bharat Wire Ropes

Description 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 .... More »

Address Bharat Wire Ropes Ltd Plot No. 1&4, Atgaon Industrial Complex, Mumbai-Nas Pincode : 421601

Vote for Subscription

  • < 0.5X Under Subscribed
  • 0.5-2X Moderately Subscribed
  • >2XOver Subscribed


  • ‹ 2X Under Subscribed
  • 2-3X Moderately Subscribed
  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed


Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
22-Mar-2017 00:00 1.0100 2.0200 2.0800 0.1000 1.2100
21-Mar-2017 00:00 0.5200 1.0400 0.8000 0.0700 0.5900
18-Mar-2017 00:00 0.3800 0.7200 0.2700 0.0300 0.4000

Issue Terms

Issue price / Floor Price (Rs) 40-45
Application per share (Rs) 45.00
Minimum investment amount (Rs) 13,500.00
Minimum bid (no of shares) 300
Maximum Shares for Retail 4200

Issue Date and Size

Issue opens 18-Mar-16
Issue closes 22-Mar-16
Listing on BSE, NSE
Issue size (Rs cr) 70.00
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
BOB Capital Markets Limited
Intensive Fiscal Services Private Limited
Registrar Karvy Computershare Private Limited

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

Objects of Issue

    • BWR intend to use the proceeds of the Issue for the following purposes:
    • 1. To set up a proposed project of 66,000 MTPA wire ropes at MIDC Zone, at Chalisgaon, Dist: Jalgaon, Maharashtra
    • 2. To meet General Corporate Expenses ;
    • 3. To meet Issue Expenses

Forum | Add a comment...

See More

Thank you for Voting

Why do you think so