Bansal Wire IPO allotment expected today: Easy steps to check allotment status | Check expected listing date

Bansal Wire IPO Allotment Status: The initial public offer of steel wire manufacturer Bansal Wire Industries got a good response from investors as the issue was subscribed over 59 times on the final day of bidding. Now, the company has to finalise the allotment. According to reports, the allotment process is expected to be finalised today. 

Investors can check the Bansal Wire allotment status on the BSE or even by logging in to the website of the official registrar i.e. Kfin Technologies Limited.

Bansal Wire IPO Allotment Status on BSE

Step 1: Visit the official website of the BSE to check the status of the IPO application online. Login using the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter the application number in the box or provide your PAN details to proceed further

Step 4: Click 'submit'.

The status of your Bansal Wire IPO application status will appear on the screen.

Bansal Wire IPO Allotment Status on official registrar Kfin Technologies' website

Step 1: Log in at the direct Kfin Technologies website —  or click on this link: https://rti.kfintech.com/ipostatus/

Step 2: Select - Bansal Wire IPO

Step 3: Bidder then has to enter PAN details

Step 4: Click on the 'Search' option

The status of your Bansal Wire IPO application status will appear on the screen. 

Bansal Wire IPO Allotment Status: Anil Singhvi's View

Earlier, market wizard Anil Singhvi advised that investors willing to take risks should buy this issue. He also said that these investors can invest in it for a long term. As far as listing gains are concerned, there can be some listing gains due to the mood of the market, but the advice to invest in it is from a long-term perspective for risk-taking investors.

Bansal Wire IPO Price Band

The steel wire manufacturer has fixed a price band of Rs 243 to Rs 256 per share.

Bansal Wire IPO Listing Date 

IPO listing date is the date when the company shares will be listed on exchanges. As per information available, the expected listing date is July 10, 2024.