Bonlon Industries Ltd, a Delhi-based corporation founded in 1997, manufactures, trades, and markets copper rods and bars. They produce goods for a variety of markets, including the automotive, transportation, building, and electrical industries.
According to the needs of the customer, the company manufactures goods with various specifications and dimensions. The operations of Bonlon Industries have expanded into metal manufacturing, the hotel industry, and civil construction as a result of the merger with three Bonlon group enterprises.
The Bonlon Industries’ production facility may be found at Plot No. G-1-663, RIICO Industrial Area, Bhiwadi, Alwar, Rajasthan 301019. The company’s hotel is called “Hotel Bonlon Inn,” and it is situated in Karol Bagh.
Bonlon Industries IPO Details
| IPO Date | Jun 30, 2020 to Jul 3, 2020 |
| Listing Date | Monday, July 13, 2020 |
| Face Value | ₹10 per share |
| Price | ₹28 per share |
| Lot Size | 4000 Shares |
| Issue Size | 3,756,000 shares of ₹10 (aggregating up to ₹10.52 Cr) |
| Market Maker portion | 188,000 shares |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| P/E (x) | 7.39 |
| Market Cap (₹ Cr.) | 39.71 |
| Company Promoters | Mr. Arun Kumar Jain is promoting the business. |
IPO Listing Date
| Listing Date | Monday, July 13, 2020 |
| BSE Script Code | 543211 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE0B9A01018 |
| IPO Price | ₹28 per share |
| Face Value | ₹10 per share |
Company Financials
| 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) |
Objects of the Issue
The objects of the Issue are:
1. To meet the working capital requirements of the Company;
2. To meet Issue Expenses;
IPO Prospectus
Company Contact Information
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/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
IPO Lead Manager(s)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
