Bansal Wire Industries Limited

We are the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India with a production of 72,176 MTPA and 206,466 MTPA, respectively, in Fiscal 2023, representing 20% and approximately 4% market share, respectively. Our Company was incorporated in the year 1985 and since incorporation, we have consistently delivered quality products, creating a niche identity in the industry. With a legacy of 38 years, we take pride in our diversified portfolio, catering to a wide range of sectors such as automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture and auto replacement. We Focus on Success We are an established player in the steel wire manufacturing business on account of the following: We manufacture over 3,000 stock keeping units (“ SKUs ”), the highest amongst all steel wire manufacturers in India with sizes ranging from as thin as 0.04 mm to as thick as 15.65 mm. With a well-diversified base of more than 5,000 customers spanning various sectors, we have established a robust network that contributes to our sustained growth. As part of our de-risking strategy, no single customer accounts for more than 5% of our sales, and no individual sector or segment constitutes more than 25% of our sales, ensuring a balanced and resilient business model. We operate on a “Cost Plus model”, with a clear focus to stay immune to commodity price fluctuations. Since last three generations, our Promoters have been in this steel wire manufacturing business. We have a pan India presence and our reach extends to more than 50 countries through product exports, solidifying our position as a key player in the international market. We are currently operating from our four existing manufacturing facilities and will be setting up the largest single location manufacturing facility of steel wire in Dadri, India and will be amongst the largest capacities in Asia. Our product mix and plant capabilities allow us to switch or add production lines from one sector to another based on industry demands and With a long-standing track record of generating operating profits, we have demonstrated our ability to navigate challenges and maintain a successful and sustainable business. Our manufacturing facilities are also ISO 9001:2015, ISO 14001:2015, IATF:16949:2016 and IS 6528:1995 certified. Bansal Group, was established as a wire-trading house in 1938 by visionary & philanthropist Shri Shyam Sunder Gupta. Under the dynamic leadership of Shri Arun Gupta as Managing Director, the business continues to grow, the group has diversified into various products mix as well as set up six manufacturing units in and around Delhi Capital of India. We at M/S Bansal Wire Industries Ltd. (BWIL) commenced commercial production with H.B.Wires in 1985. Ever since inception, we have been rapidly and consistently adding to our product line and meeting the needs of market. At present, we are one of the leading manufacturers & exporters of steel wires in the country.