Bansal Wire Industries Limited is a stainless steel wire manufacturing company. The company operates in three main segments: high carbon steel wire, low carbon steel wire (mild steel wire), and stainless steel wire. The company makes over 3,000 different types of steel wire products, ranging in size from very thin to very thick. They have more than 5,000 customers in different industries, which helps the company grow.

To reduce risk, the company doesn’t rely too much on one customer or one type of customer. They also use a pricing model that helps them deal with changes in material costs. The company has a presence across India and operates in over 50 countries through product exports, solidifying its position as a key player in the global market.

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• Steel wire manufacturers with revenue of ₹ 24,44.71 crores in Fiscal 2024 with established market position and strong brand equity;
• More than 5,000 customer base with presence across various sectors;
• Economies of scale;
• Product Portfolio with over 3,000 stock keeping units across the steel wire industry with good mix of high volume and better margin products;
• Business model with stable and consistent margin profile; and
• Promoters and management with industry expertise of over 38 years

• Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary;
• Funding the working capital requirements of the company and
• General corporate purposes.

The company is operating in a highly competitive and fragmented segment of metal wires. It has posted steady growth in its top and bottom lines for the reported periods. Investors may subscribe for the medium to longer term.