Bansal Wire Industries IPO Subscription Status
Bansal Wire Industries IPO was subscribed 62.76 times when bidding closed on 5 Jul 2024: QIB 153.86x, NII 54.21x, Retail 14.37x.
The Bansal Wire Industries IPO has been subscribed 62.76x times overall. Retail investors have shown interest with bids for 14.37x the shares available. The Non-Institutional Investor (NII) category has been subscribed 54.21x. Within NII, Big HNI (B-HNI) subscribed 55.27x and Small HNI (S-HNI) subscribed 52.11x. Qualified Institutional Buyers (QIBs) have subscribed 153.86x. Data last updated on 10 Nov, 06:45 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 03 Jul, 2024 and closes on 05 Jul, 2024. The shares are expected to list on stock exchanges on 10 Jul, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 153.86x |
| NII | - of - - | 54.21x |
bHNI — bid amount above ₹10 Lakh |
- - | 55.27 |
sHNI — bid amount ₹2–10 Lakh |
- - | 52.11 |
| Retail | - of - - | 14.37x |
| TOTAL | - - | 62.76x |
Bansal Wire Industries IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 7% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 153.86x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
05 Jul 2024
Day 3 |
62.76x | ▼ | |
|
QIB153.86x
BHNI55.27x
SHNI52.11x
Retail14.37x
|
|||
|
04 Jul 2024
Day 2 |
5.73x | ▼ | |
|
QIB0.09x
BHNI10.94x
SHNI14.61x
Retail6.19x
|
|||
|
03 Jul 2024
Day 1 |
1.76x | ▼ | |
|
QIB0.01x
BHNI1.9x
SHNI3.54x
Retail2.47x
|
|||
Bansal Wire Industries IPO dates
From the bidding window to listing. Today is 14 November.
- Open 03 Jul 2024
- Close 05 Jul 2024
- Allotment 08 Jul 2024
- Refund/credit 09 Jul 2024
- Listing 10 Jul 2024
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Bansal Wire Industries IPO?
As of IPO close date (05 Jul, 2024), the Bansal Wire Industries IPO is subscribed 62.76x times. Retail category is 14.37x, and NII is 54.21x subscribed.
When is the allotment date for Bansal Wire Industries IPO?
The allotment for Bansal Wire Industries IPO is expected to be finalized on 08 July, 2024.
What is the GMP of Bansal Wire Industries?
The Grey Market Premium (GMP) for Bansal Wire Industries is currently ₹72, indicating a potential listing gain of 28%.
When will Bansal Wire Industries IPO list on the stock market?
Bansal Wire Industries is scheduled to list on BSE and NSE on 10 July, 2024.
What are the chances of getting allotment in Bansal Wire Industries IPO?
The retail category is oversubscribed at 14.37x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 153.86x mean for Bansal Wire Industries IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 153.86x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Bansal Wire Industries IPO allotment status?
After the allotment date (08 Jul, 2024), you can check your Bansal Wire Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Bansal Wire Industries IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
