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Bonlon Industries Ltd IPO (Bonlon Industries IPO) Detail

June 30, 2020 - July 3, 2020

Bonlon Industries IPO is a fixed price issue of Rs 10.52 crores.

Bonlon Industries IPO bidding started from June 30, 2020 and ended on July 3, 2020. The shares got listed on BSE SME on July 13, 2020.

Bonlon Industries IPO price is ₹28 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹112,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Bonlon Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Bonlon Industries IPO RHP for detailed information.

Bonlon Industries IPO Details

IPO Date June 30, 2020 to July 3, 2020
Listing Date July 13, 2020
Face Value ₹10 per share
Price ₹28 per share
Lot Size 4000 Shares
Total Issue Size3,756,000 shares
(aggregating up to ₹10.52 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion188,000 shares

Bonlon Industries IPO Reservation

Bonlon Industries IPO offers 3,756,000 shares. 1,784,000 (47.50%) to NII, 1,784,000 (47.50%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered188,000 (5.01%)
Other Shares Offered1,784,000 (47.50%)
Retail Shares Offered1,784,000 (47.50%)
Total Shares Offered3,756,000 (100%)

Bonlon Industries IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹112,000
Retail (Max) 1 4000 ₹112,000
Lot Size Calculator

Bonlon Industries IPO Promoter Holding

Mr. Arun Kumar Jain is the promoter of the company.

Share Holding Pre Issue 98.92%
Share Holding Post Issue 72.44%

About Bonlon Industries Ltd

Incorporated in 1997, Delhi-based Bonlon Industries Ltd is engaged in manufacturing, trading, and marketing of copper rods and bars. They manufacture products for various industries including electrical, construction, transport, and automobile.

The company manufactures products in different specifications and sizes as per the client's requirement. With the amalgamation with three companies of the Bonlon group, the area of operations of Bonlon Industries is extended in the manufacturing of metal, hotel business, and civil construction.

The manufacturing unit of Bonlon Industries is located at Plot No. G-1-663, RIICO Industrial Area, Bhiwadi, Alwar- 301019, Rajasthan. The hotel of the company is the 'Hotel Bonlon Inn' located in Karol Bagh.

Competitive Strengths

1. Focus on quality product and services
2. Presence at the prime location
3. Online presence for hotel booking

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakh)
31-Dec-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 15,064.41 6,303.67 3,913.15 4,781.66
Total Revenue 18,699.12 21,744.31 24,313.49 23,881.15
Profit After Tax 1,387.55 282.32 27.78 (122.53)

Key Performance Indicator

The market capitalization of Bonlon Industries IPO is Rs 39.71 Cr.

Pre IPO Post IPO
P/E (x) 7.39

Objects of the Issue (Bonlon Industries IPO Objectives)

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. To meet Issue Expenses;

Bonlon Industries IPO Review (Avoid)

[Dilip Davda]  BIL has shown inconsistency in its top and bottom lines. Super earnings for the first three-quarters of FY20 raises eyebrows and concern over sustainability for the same going forward. The company operates in a highly competitive business that is fragmented. Although issue price appears lucrative on prima facie basis, considering its inconsistent financial data, investors may give it a miss. Read detail review...


Bonlon Industries IPO Subscription Status (Bidding Detail)

The Bonlon Industries IPO is subscribed 1.36 times on July 3, 2020 6:49:04 PM. The public issue subscribed 0.21 times in the retail category, times in the QIB category, and 2.51 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other2.51
Retail0.21
Total1.36

Bonlon Industries IPO Prospectus

Bonlon Industries IPO Rating

28
2.3
Rating:Rated 2.3 stars
Vote Here ...

Bonlon Industries IPO Listing Details

Listing Date July 13, 2020
BSE Script Code 543211
NSE Symbol
ISIN INE0B9A01018
Final Issue Price ₹28 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹28.00
₹21.00
₹21.00
₹21.50
₹21.50

Check IPO Performance…

Bonlon Industries Ltd Contact Details

Bonlon Industries Ltd
7A/39 (12- First Floor),
WEA Channa Market,
Karol Bagh, New Delhi- 110005
Phone: 011 47532792
Email: info@bonlonindustries.com
Website: http://bonlonindustries.com/

Bonlon Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Bonlon Industries IPO - Buy or Not

Bonlon Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Bonlon Industries IPO FAQs

Bonlon Industries IPO is a SME IPO of 3,756,000 equity shares of the face value of ₹10 aggregating up to ₹10.52 Crores. The issue is priced at ₹28 per share. The minimum order quantity is 4000 Shares.

The IPO opens on June 30, 2020, and closes on July 3, 2020.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Bonlon Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Bonlon Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Bonlon Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Bonlon Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Bonlon Industries IPO opens on June 30, 2020 and closes on July 3, 2020.

Bonlon Industries IPO lot size is 4000 Shares, and the minimum amount required is ₹112,000.

You can apply in Bonlon Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Bonlon Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bonlon Industries IPO allotment status.

The Bonlon Industries IPO listing date is on July 13, 2020.
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Bonlon Industries IPO Message Board

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38 Comments

19. PRAFULDURAI |   Link |  Bookmark |September 12, 2020 6:24:55 PM
Bonlon industries did not update latest audited financial result to BSE ? Why dekay
19.1. PRAFULDURAI |   Link |  Bookmark |September 18, 2020 3:13:08 PM
Stock market watchdog SEBI IS NOT SLEEPING????!!!@@
19.2. PRAFULDURAI |   Link |  Bookmark |September 18, 2020 3:47:21 PM
SEBI IS SHORT LISTING THE LOOTERS OF PUBLIC MONEY
18. MR. KUMAR |   Link |  Bookmark |August 10, 2020 1:13:37 AM
If ipo or sme ipo will subscribe more than 40 times then you will make plan to apply and surely you will get good listing gain.In 2018 I applied in ranjeet mechtronics and after that no other ipo came whose subscriptions is more than 40 times.
17. PRAFULDURAI |   Link |  Bookmark |August 5, 2020 10:46:46 PM
from trading price . it is very clear that bonlon is very bad company.
16. PRAFULDURAI |   Link |  Bookmark |July 13, 2020 11:36:10 PM
In current scenario SME seems to be danger
16.1. PRAFULDURAI |   Link |  Bookmark |July 26, 2020 9:06:02 AM
Very bad ipo
15. papon |   Link |  Bookmark |July 13, 2020 10:50:22 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Those who sold at 21 will never look back in sme. So cowardly sold. One should not come to market if you don't that good patience or if you panic
15.1. Small Investor |   Link |  Bookmark |July 13, 2020 10:58:17 AM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
ANOTHER MARSHAL MACHINE
14. Small Investor |   Link |  Bookmark |July 13, 2020 10:45:04 AM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
Bonlon list @ 21
13. PRAFULDURAI |   Link |  Bookmark |July 13, 2020 7:49:25 AM
Billwin Cmp is Rs 52.
12. GANESAN |   Link |  Bookmark |July 7, 2020 6:30:13 PM
Admin Sir,
Any Idea about listing Date
12.1. Darsh ipo |   Link |  Bookmark |July 10, 2020 1:25:37 AM
13th July...Monday...
11. PRAFULDURAI |   Link |  Bookmark |July 9, 2020 8:44:51 AM
Tnpl declared Rs 6 per share
10. PRAFULDURAI |   Link |  Bookmark |July 7, 2020 6:54:06 PM
T1npl. 531426



https://m.bseindia.com/StockReach.aspx?scripcd=531426
9. PRAFULDURAI |   Link |  Bookmark |July 6, 2020 10:47:23 AM
Listing Date please
8. AhireR |   Link |  Bookmark |July 3, 2020 4:26:42 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
Applied for 2 lots...
8.2. AhireR |   Link |  Bookmark |July 13, 2020 11:20:11 AM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
Not sold yet..any suggestion?
8.3. Small Investor |   Link |  Bookmark |July 13, 2020 12:15:53 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
आखिर क्या कारण हे की इस स्टॉक को 7 रूपए निचे खोला हे, रेटिलर्स ने तो अप्लाई किया नहीं हे इसमें ,हो सकता हे ये कोई ऑपरेटर गेम हो
ध्यान देने बात की ये कम्पनी बीसीपावर कण्ट्रोल वालो की ही हे
सतर्क रहे सावधान रहे sme ipos se
7. Eagleye |   Link |  Bookmark |July 3, 2020 3:42:46 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Rossari Biotech IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.2.95 (Page #90 of DRHP)
EPS for FY17-18 >>> Rs.5.25 (Page #90 of DRHP)
EPS for FY18-19 >>> Rs.9.44 (Page #90 of DRHP)
EPS for H119-20 >>> Rs.6.59 (Page #90 of DRHP)

RoNW for FY16-17 >>> 23.05% (Page #90 of DRHP)
RoNW for FY17-18 >>> 34.08% (Page #90 of DRHP)
RoNW for FY18-19 >>> 43.32% (Page #90 of DRHP)
RoNW for H119-20 >>> 46.09% (Page #90 of DRHP)

NAV as on September 30, 2019 was Rs.31.61 (Page #90 of DRHP)

Listed Industry Peer Group (Page #91 of DRHP):
Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants, Fine Organics Industries
6. GANESAN |   Link |  Bookmark |July 3, 2020 1:33:14 PM
Admin Sir,
Please update subscription Status of this IPO.
6.1. Vinod Subramaniam |   Link |  Bookmark |July 3, 2020 3:37:43 PM
Below is subscription details at 2:31 PM.
      Shares Offered Shares Applied      
NII      17,84,000       32,92,000
RII      17,84,000       1,72,000
6.2. Vinod Subramaniam |   Link |  Bookmark |July 3, 2020 3:42:00 PM
For Subscription Details
https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_FPO.aspx?Scripcode=5177
5. Eagleye |   Link |  Bookmark |July 3, 2020 3:15:38 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Rossari Biotech IPO – Schedule *(Tentative)*

08th July – Announcement of Price Band
10th July – Anchor Investors Allotment
13th July – Offer Opens
15th July – Offer Closes
20th July – Finalisation of Basis of Allotment
21st July – Unblocking of ASBA Accounts
22nd July – Credit of Equity Shares to Depository Accounts
23rd July – Commencement of Trading on NSE/BSE
4. PRAFULDURAI |   Link |  Bookmark |July 3, 2020 12:24:25 PM
Security Code      511066
Company      SAKTHI FINANCE LTD.
Exchange Received Time      25/06/2020 15:31:24
Exchange Disseminated Time      25/06/2020 15:31:28
Time Taken      00:00:04


      Board Meeting Intimation for Considering And Approving Audited Financial Results For The Year Ended 31St March 2020 And Recommendation Of Dividend, If Any | 6/25/2020 3:31:24 PM      
      SAKTHI FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is l
b. To recommend dividend on equity shares, if any
3. PRAFULDURAI |   Link |  Bookmark |July 3, 2020 12:23:51 PM
Any idea about Listing date
2. Vinod Subramaniam |   Link |  Bookmark |July 2, 2020 6:33:33 PM
I am not able to apply using HDFC Securities. Is anyone facing this issue?

Error: Cut-Off Time is less then current time.
2.2. PRAFULDURAI |   Link |  Bookmark |July 2, 2020 7:16:58 PM
NII figure is not attractive to apply so dar
2.3. Vinod Subramaniam |   Link |  Bookmark |July 3, 2020 6:03:16 AM
HDFC securities is working now. and can apply in IPO. @rajakumar are you applying in this?
1. PRAFULDURAI |   Link |  Bookmark |June 30, 2020 6:44:47 PM
Listing date please