Bansal Wire Industries (BWIL) stands as a leading player in India’s steel wire manufacturing sector, building on a rich legacy that began with its group as a wire-trading house in 1938. The Company itself was incorporated in 1985 and has since consistently delivered quality products, establishing a distinct identity in the industry. BWIL holds a significant market position, recognised as the largest stainless steel wire manufacturer by volume and the second-largest overall steel wire manufacturer by volume in India. This strong standing is supported by a comprehensively diversified product portfolio, encompassing over thousands of stock-keeping units (SKUs) of different types of steel wire products. These range from high-carbon steel wire, low-carbon steel wire (mild steel wire), and stainless-steel wire, to specialised offerings like cable armouring wires and strips, galvanised wires, profile/ shaped wires, and aluminium alloy wires.
BWIL’s product mix and plant capabilities enable flexible production line adjustments in response to evolving industry demands. The company along with its subsidiary operates from existing manufacturing facilities, and has also established a new, state-of-the-art single-location manufacturing facility in India. The company’s manufacturing facilities are certified to ISO 9001:2015, ISO 14001:2015, IATF:16949:2016, and IS 6528:1995, reflecting its commitment to quality and operational excellence. BWIL’s products cater to a wide array of critical sectors, including automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement.
The company was originally incorporated as a private limited company under the name of “Bansal Wire Industries Private Limited” on December 11, 1985, under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the RoC. Thereafter, the company was converted into a public limited company pursuant to a resolution passed by its Board at its meeting held on September 5, 1995 and a special resolution passed by its Shareholders at their annual general meeting held on September 29, 1995, and the name of the company was changed to “Bansal Wire Industries Limited”, and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued by the RoC on November 13, 1995.
Business area of the company
BWIL is principally engaged in the business of manufacturing and sale of wires of multiple varieties including mild steel, stainless steel, high carbon etc., of various categories, shapes and sizes used in the Automobile, Infrastructure, Fastener, Kitchen-ware and other industries.
Products
- Stainless Steel Wires
- Mild Steel Wires (Low Carbon Steel Wires)
- High Carbon Steel Wires
- Profile / Shaped Wires
- Aluminium Alloy
- Galvanized Wires
- Cable Armouring Wires & Strips
Milestones
- 1938: Started journey as a steel wire trading house
- 1985: Incorporation of Company as Bansal Wire Industries Private Limited
- 1986: Recorded production of 102 tonnes in first month of incorporation
- 1991: Commenced cable wire manufacturing
- 1995: Commenced production of stainless-steel wires
- 2003: Commenced manufacturing of galvanized wire
- 2007: Commenced production of high carbon wires
- 2015: Launched new products such as spring wires and auto cables of automotive industry
- 2018: Became the largest producer of stainless-steel wire products
- 2022: Recorded export sales of over Rs 3,850 million
- 2022: Commenced infrastructure of Dadri plant
- 2023: Acquisition of Bansal Steel & Power Limited
- 2024: Fund raised through IPO
- 2024: Dadri facility commenced operations in January
- 2024: Initiated pilot project of speciality wires in December
- 2025: Acquisition of land to support production capabilities