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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
Mr. Arun Kumar Jain is the promoter of the company.
| 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) | |
The objects of the Issue are:
1. To meet the working capital requirements of the Company;
2. To meet Issue Expenses;
| IPO Opening Date | Jun 30, 2020 |
| IPO Closing Date | Jul 3, 2020 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹28 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 3,756,000 Eq Shares of ₹10 (aggregating up to ₹10.52 Cr) |
| P/E (x) | 7.39 |
| Market Cap (₹ Cr.) | 39.71 |
The Bonlon Industries IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹112,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹112,000 |
| Maximum | 1 | 4000 | ₹112,000 |
| Pre Issue Share Holding | 98.92% |
| Post Issue Share Holding | 72.44% |
The Bonlon Industries IPO is subscribed 1.36 times on Jul 3, 2020 18:49. The public issue subscribed 0.21 in the retail category, in the QIB category, and 2.51 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.51 |
| RII | 0.21 |
| Total | 1.36 |
| Listing Date | Monday, July 13, 2020 |
| BSE Script Code | 543211 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE0B9A01018 |
| IPO Price | ₹28 per equity share |
| Face Value | ₹10 per equity share |
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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/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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 equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Jun 30, 2020, and closes on Jul 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
Visit Zerodha IPO Application Process Review for more detail.
The Bonlon Industries IPO opens on Jun 30, 2020 and closes on Jul 3, 2020.
Bonlon Industries IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
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, Edelweiss, 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.
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