247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Bharat Wire Ropes Limited IPO (Bharat Wire Ropes IPO) Details

Bharat Wire Ropes Limited is an Cables And Wires based company, located in Mumbai, Bharat Wire Ropes Limited IPO size was 70.00 Cr. and was issued at 45.00 per share. The share of Bharat Wire Ropes Limited were listed at 45.40 per share and are currently trading at 191.69 per share.

Type :
Sub Sector : Rope And Wires Manufacturing
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
65.61 Cr.

PAT :
1.64 Cr.

Pricing Report

Issue Price :
45.00

Listing Price :
45.40

Current Market Price :
191.69

Issue Price vs CMP :
146.69 (325.98%)

listing Price vs CMP :
146.29 (322.22%)

Performance Report (CAGR* wise)

CAGR : 17.88
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Bharat Wire Ropes

Company Information
Bharat Wire Ropes Limited, established in 1986, is involved in the manufacturing and sale of wire ropes, structural strands, slings, and wires, which are used in a wide range of industries including general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore/offshore oil exploration, ports and shipping, mining, defense, and railways. Additionally, the company is engaged in the trading of steel-related products.

Originally promoted by the Shah Group, the company underwent a significant change in 2010 when one of its current promoters, Gaji Mercantile Private Limited, acquired 10,675,490 equity shares under a SPA dated June 30, 2010.

The company
Object of Issue
  • To set up a proposed project of ,000 MTPA wire ropes at MIDC Zone, at Chalisgaon, Dist Jalgaon, Maharashtra
  • To meet General Corporate Expenses and
  • To meet Issue Expenses

Bharat Wire Ropes MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2016
IPO Size :
70.00 Cr.
IPO Subscription :
1.21 X     
PE Multiple :
111.00
Merchant Banker :
Intensive Fiscal Services Private Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Bharat Wire Ropes operates in Cables And Wires and Rope And Wires Manufacturing. The Issue is listed on MainBoard in Apr, 2016. Bharat Wire Ropes IPO size was 70.00 Cr. with Issue price of 45.00 .

Merchant Banker(s) of Bharat Wire Ropes IPO: Intensive Fiscal Services Private Limited , Bob Capital Markets Limited

Bharat Wire Ropes IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bharat Wire Ropes IPO listed at a listing price of 45.40 against the offer price of 45.00.

The current market price of Bharat Wire Ropes is 191.69.

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