Bansal Wire Industries shares in focus as 20% outstanding equity frees up for trade today

Shares of Bansal Wire Industries Ltd. will be in focus on Friday, January 9, as the stainless steel wire manufacturer's six-month and longer term shareholder lock in comes to an end.

Around 31.3 million shares, or nearly 20% of the company's total outstanding equity, will become eligible for trading, according to Nuvama Alternative and Quantitative Research.

Based on Thursday's closing price, the value of shares that will be freed up for trade following the expiry of the lock in is estimated at about ₹945 crore.

It must be noted that the end of a shareholder lock in does not imply that all eligible shares will be sold in the open market. The shares only become available for trading.

Bansal Wire Industries manufactures and exports steel wires and operates across three key segments: high carbon steel wire, mild steel wire or low carbon steel wire, and stainless steel wire.

The company is regarded as the second largest steel wire manufacturer and the largest stainless steel wire manufacturer in India.

Its dominant market position is reflected in its ability to largely maintain margins over the years, despite significant fluctuations in raw material costs.

According to the shareholding pattern for the September 2025 quarter, promoters held a 77.99% stake in Bansal Wire Industries, which is marginally above the minimum public shareholding requirement of 75%.

Shares of Bansal Wire Industries Ltd. ended 1.18% lower on Thursday at ₹301.90 apiece. The stock continues to trade about 18% above its issue price of ₹256 per share.