Ahead of IPO, Bansal Wire Industries garners Rs 223 cr from anchor investors

The company has allocated 87.30 lakh shares to 18 funds at Rs 256 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 223.5 crore, it added. The maiden public issue is an entirely fresh issue of equity shares worth Rs 745 crore, with no offer-for-sale (OFS) component.