![](https://halalstock.in/wp-content/uploads/2024/07/Ganesh_Green_logo1.png)
Ganesh Green Bharat Limited IPO Detail
Last Updated on July 5, 2024 Ganesh Green Bharat Limited IPO Incorporated in April 2016, Ganesh Green Bharat Limited is an Electrical Contracting Service company. The company offers a range of
Incorporated in December 1985, 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.
The company exports products to over 50 countries. It has 14 global representatives covering Bangladesh, Brazil, France, Germany, Israel, Italy, Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States, and Vietnam. Our export turnover has grown at a CAGR of 47.15% in the last three fiscal years.
The company has four manufacturing units in Mohan Nagar, Ghaziabad, Loni Industrial Area, Ghaziabad and Bahadurgarh, Jhajjar, Haryana. Out of four units two are located in Loni Industrial Area, Ghaziabad.
Since 2021, the company has established a sales team of over 50 experienced professionals to cover all regions of India and serve 5,000+ customers in various sectors.
Bansal Wire Industries Limited’s revenue increased by 1.99% and profit after tax (PAT) rose by 31.48% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 1,264.01 | 749.05 | 695.48 |
Revenue | 2,470.89 | 2,422.57 | 2,205.07 |
Profit After Tax | 78.80 | 59.93 | 57.29 |
Net Worth | 422.37 | 282.51 | 223.01 |
Reserves and Surplus | 358.64 | 273.41 | 213.91 |
Total Borrowing | 681.14 | 422.19 | 413.15 |
Amount in ₹ Crore |
The company proposes to use the Net Proceeds from the Issue for the following purposes:
Bansal Wire IPO opens on July 3, 2024, and closes on July 5, 2024.
IPO Open Date | Wednesday, July 3, 2024 |
IPO Close Date | Friday, July 5, 2024 |
Basis of Allotment | Monday, July 8, 2024 |
Initiation of Refunds | Tuesday, July 9, 2024 |
Credit of Shares to Demat | Tuesday, July 9, 2024 |
Listing Date | Wednesday, July 10, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on July 5, 2024 |
Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.
Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on July 5, 2024 Ganesh Green Bharat Limited IPO Incorporated in April 2016, Ganesh Green Bharat Limited is an Electrical Contracting Service company. The company offers a range of
Last Updated on July 5, 2024 Effwa Infra & Research Limited IPO Effwa Infra & Research Limited was founded in 2014 and provides engineering, consulting, procurement, construction and integrated project
Last Updated on July 5, 2024 Ambey Laboratories Limited IPO Ambey Laboratories, incorporated in 1985, manufactures agrochemical products for crop protection. The company has been serving the agrochemical sector for
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.