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New Issue Monitor


(02 Jul 2024, 13:41)

Bansal Wire Industries

Largest stainless steel wire manufacturer

Setting up India’s largest single location steel wire manufacturing facility at Dadri

CM RATING 43 / 100
Reckoner

Bansal Wire Industries is the largest stainless-steel wire manufacturer and the second largest steel wire manufacturer by volume in India. Arun Gupta, Anita Gupta, Pranav Bansal and Arun Kumar Gupta HUF are the promoters of the company.

Manufacturing steel wires since the last 38 years, the company caters to various sectors, with a diversified portfolio spread across high carbon steel wire, mild steel wire (low carbon steel wire) and stainless-steel wire. It is adding a new segment of specialty wires. These will be manufactured at Dadri.

Bansal manufactures 220,010 tonnes of steel wire per annum, comprising 58,427 tonnes of mild steel wire (low carbon steel wire), 84,580 tonnes of high carbon steel wi...



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