IPO Synopsis

Bharat Wire Ropes Ltd
Registered Office: Plot 1&4 Atgaon Industrial,Complex Taluka Shalpur,Thane-421601, Maharashtra
Tel. No: 91-2527-240123
Fax No: 91-2527-240196
Email: compliance@bharatwireropes.com; investors@bharatwi
Website: www.bharatwireropes.com
Public issue of 1,55,55,555 equity shares of face value of Rs. 10 each ("equity shares") of Bharat Wire Ropes Limited (The "Company" or the "Issuer") for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) aggregating up to Rs. 70.00 crores (the "issue"). The issue comprises a net issue to the public of 1,47,77,778 equity shares (the "net issue") and reservation of 7,77,777 equity shares aggregating up to Rs. 3.50 crores for subscription by eligible employee (The "employee reservation portion"). The issue constitute 34.60% of the post-issue paid-up equity share capital and the net issue to the public constitue 32.87% of post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 45 per equity share and is 4.5 tims the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
18-Mar-2016 22-Mar-2016 ₹45.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 300 Further Multiples of :300
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 BOB Capital Markets Ltd
Project Financed through Current Offer 70.00 Intensive Fiscal Services Pvt Ltd
Post Issue Equity Share Capital 0.00
Issue Price 45.00
Projects
To set up a proposed project of wire ropes at MIDC
To meet general corporate expenses
Promoted By
Murarilal Mittal
Usha Mittal
Manan Mittal
Listing At
BSE
NSE
Registrar To The Issue