Bansal Wire Industries

Name

Bansal Wire Industries

Legal name

Bansal Wire Industries Limited

Website

https://bansalwire.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Steel Wire Manufacturing

NAICS

Steel Wire Drawing (331222), Other Fabricated Wire Product Manufacturing (332618), Spring and Wire Product Manufacturing (3326)

SIC

Miscellaneous Primary Metal Products (3390)

akta.pro primary industry

Aluminum Wire Rod & Conductors (IMAKACAH)

akta.pro secondary industries

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG), Building Wire & Cable (Residential/Commercial) (IMADAMAA)

Keywords

• Steel wire manufacturing
• Stainless steel wire
• Galvanized wire products
• High carbon steel wires
• Industrial wire supplier

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Wire Manufacturing and Sales: Manufactures and sells various types of steel wires including stainless steel, high carbon, mild steel, galvanized, profile/shaped wires, aluminium alloy, and cable armouring. Operates on a Cost Plus model with focus on immunity to commodity price fluctuations. Categorized into three main segments: high carbon steel wire, mild steel wire, and stainless steel wire.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Bansal Wire Industries manufactures and sells a diversified range of steel wire products including stainless steel wires, high carbon steel wires, mild (low carbon) steel wires, galvanized wires, profile/shaped wires, aluminium alloy wires, and cable armouring wires. The company also produces specialty products such as wire rope, tyre bead, barbed wire, LRPC wire, IHT wire, and steel tyre cord. Manufacturing covers sizes from 0.04 mm to 15.65 mm across more than 3,000 SKUs for industrial customers in automotive, infrastructure, general engineering, power and transmission, hardware, consumer durables, agriculture, and auto replacement sectors.

Product overview

Bansal Wire Industries is the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India. The company operates as a diversified steel wire manufacturer producing over 3,000 SKUs across three main segments: stainless steel wire, high carbon steel wire, and mild steel wire. Their product portfolio includes core products such as Stainless Steel Wires, Mild Steel Wires (Low Carbon Steel Wires), High Carbon Steel Wires, Profile/Shaped Wires, Aluminium Alloy Wires, Galvanized Wires, and Cable Armouring Wires & Strips. Additionally, the company offers specialized products including Wire Rope, Tyre Bead, Barbed Wire, Building Materials, LRPC Wire (launched December 2025), IHT Wire (launched October 2025), and Steel Tyre Cord (trial order June 2026). The company manufactures in sizes ranging from 0.04mm to 15.65mm and serves sectors including automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement across more than 50 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Stainless Steel Wires Corrosion-resistant alloy wires made from iron, chromium, nickel, and other elements. Available in over 150 grades including 201, 202, 204CU, 302, 304, 316, 410, 430. Diameter range: 0.030 mm to 16 mm. Used by automotive, consumer durables, hardware, agriculture, and general engineering manufacturers.
• Mild Steel Wires (Low Carbon Steel Wires) Low-carbon steel wires with carbon content ranging from 0.05% to 0.25%, known for ductility, malleability, and weldability. Sizes range from 0.10 mm to 16.00 mm with various zinc and anti-rust coatings. Used in power and transmission, agriculture, poultry, fencing, and construction.
• High Carbon Steel Wires High carbon wires with 0.30% to 1.00% carbon content known for exceptional strength, hardness, and durability. Sizes range from 0.20 mm to 12.00 mm. Used in manufacturing of springs, cutting tools, and industrial components.
• Profile / Shaped Wires Custom-built solid profiles manufactured from High Carbon, Stainless Steel, and Low Carbon wires to suit customer requirements. Cross-sections include Flat, Square, Triangular, Half Round, and Trapezoidal. Used in the automobile sector for washers, circlips, springs, wiper arms, and auto cables.
• Aluminium Alloy Wires Moderate strength aluminium alloy wires with magnesium as primary constituent. Non-heat treatable alloy combining strength with formability and corrosion resistance. Diameter range: 0.12 mm to 9.00 mm. Used in flexible cables, coaxial cables, electrical appliances, and aerospace applications.
• Galvanized Wires Mild carbon or high carbon steel wires coated with zinc for superior rust resistance. Manufactured using Hot Dip and Electro-Galvanized technology. Diameter range: 0.18 mm to 7.20 mm. Applications include poultry mesh, chain link fencing, barbed wires, and telecommunications.
• Cable Armouring Wires & Strips Metal cover wires applied to protect cables from mechanical damage. Manufactured as round wires and formed wires per Indian and International standards (IS:3975-1999, BS1442:1969, BS5467:1997, IRS:S63-20142). Used in cable industries for superior corrosion resistance and flexibility.
• Wire Rope Multi-strand twisted wire ropes available in Bright and Galvanized Finish. Available in Grades 1770, 1960, and 2160. Diameter range: 5.0 mm to 38.0 mm. Used in industrial cranes, elevators, fishing, forestry, gondola, and auto cables.
• Tyre Bead
• Barbed Wire Steel fencing wire with sharp edges arranged at precise intervals. Manufactured per IS 278-2009 standard. Used in farming sector, industrial sector, and government projects for cost-effective perimeter security.
• Building Material
• LRPC Wire (Low Relaxation Prestressed Concrete Wire) Low Relaxation Prestressed Concrete steel strand wire used in construction to reinforce concrete structures like bridges, beams, and slabs. Launched December 2025 at Dadri plant.
• IHT Wire (Induction Hardened and Tempered Wire) Specialty wire with induction hardening and oil hardening treatment. Features 9,000 tonnes of new capacity targeting the automotive sector. Launched October 2025.
• Steel Tyre Cord Steel tyre cord product for tyre manufacturing. Company secured trial purchase order from a major tyre manufacturer following successful product sample evaluation.
• Aluminium Alloy Wire Mesh Aluminium alloy wire mesh product listed under the company's Special Products portfolio.
• Stainless Steel Scrubbers Stainless steel scrubber wires for cleaning applications. Listed under the company's Special Products portfolio.

Quantifiable outcome

• 33% year-on-year volume growth in FY26 to 458,055 tonnes
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Major Tyre ManufacturercoreStrategic or Co-development PartnerBansal Wire secured a trial purchase order for its steel tyre cord product from one of the largest tyre manufacturers in the industry, following successful evaluation of product samples. This represents entry into the steel tyre cord segment, a high-value specialty product with significant growth potential.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Kamdhenu Limited: Indian manufacturer of steel wires, TMT bars, and structural steel products serving construction and infrastructure. Competes with Bansal in mild steel wire and galvanized wire products across the Indian market.
• Mahamaya Steel Industries: Indian producer of MS angles, channels, beams, and steel wires. Comparable as a domestic steel long products and wire manufacturer serving similar industrial customers in India.
• Bedmutha Industries: Indian steel wire manufacturer producing galvanized wires, ACSR wires, and wire ropes for power transmission and infrastructure. Direct competitor to Bansal in the Indian steel wire and galvanized wire segments.

Broad incumbents

• Tata Steel Limited: India's largest integrated steel producer with a wires business serving automotive, infrastructure, and industrial customers. Competes with Bansal across multiple steel wire categories but with backward integration into raw steel production.
• Steel Authority of India Limited (SAIL): India's largest state-owned steel producer with wire rod and downstream wire products. Provides scale and government-relationship advantages that competing wire converters like Bansal must contend with.
• JSW Steel Limited: One of India's largest integrated steel producers offering wire rods and downstream wire products. Has backward integration into steel making that standalone converters like Bansal lack, making it a powerful competitor on commodity SKUs.
• Jindal Steel & Power Limited: Large Indian integrated steel and power producer with wire rod capacity serving industrial and infrastructure customers. Competes in steel wire inputs and downstream products with a significant cost-integration advantage.
• Bekaert Group: Global leader in steel wire transformation and coatings, serving automotive (including tyre cord), construction, and industrial markets. A relevant global benchmark for Bansal's specialty product ambitions in steel tyre cord and advanced coatings.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bansalgroup1938

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bansal Wire Industries