Bonlon Industries Ltd IPO (Bonlon Industries IPO) Detail
ABOUT THE COMPANY:
Bonlon Industries Ltd is a Delhi based cimpany, started their operations in the year 1997 with the trading of copper rods and copper bars manufactured by renowned market players like Hindustan Copper Limited, Sterlite India and Hindalco Industries Limited.
In 2006,.Bonlon Industries Ltd started supervising manufacturing activities of Colombo Copper Private Limited, a company based in Colombo, Sri Lanka which was engaged in the business of manufacturing of copper bars. Bonlon Industries Ltd imported these copper bars and started producing copper wires from the same on job work basis. With evolution of time, it gained experience in the manufacturing, trading, and marketing of the products made from copper. Eventually in 2013, it started its own manufacturing unit at Plot No. G-1-663, RIICO Industrial Area, Bhiwadi, Alwar- 301019 in Rajasthan for the production of copper rods. The registered office of Company is situated at 7A/39 (12- First Floor), WEA Channa Market, Karol Bagh, New Delhi- 110005.
Business model of Bonlon Industries Ltd:
In order to synergize the operations and attaining higher business efficiencies, three of group companies i.e.
- Smita Global Private Limited
- Harshit Promoters Private Limited
- Harshit Infratech Private Limited
Competitive Strengths:
- Experienced Management
- Quality products & Service
- Hotel at Delhi’s prime location (KAROL BAGH)
- Diversified Business with demanding product.
Promoters of Bonlon Industries Ltd:
Mr Arun Kumar Jain is the promoter of the company.
Financials of Bonlon Industries Ltd:
| Financials for the year ending (₹ in Lakh) | |||
| 31.03.2019 | 31.03.2018 | 31.03.2017 | |
| Revenue | 21744.3 | 24313.5 | 23881.1 |
| Expenses | 21780.0 | 24392.3 | 23855.1 |
| PAT | 282.3 | 27.78 | 17.47 |
| Profit Growth | 916% | 59% | |
Bonlon Industries Ltd IPO Issue Object:
These are the IPO Objects of the company
- To meet the working capital requirements of our Company,
- To meet Issue Expenses.
Bonlon Industries Ltd IPO Detail:
The Issue size comprises issuance of up to 37,56,000 Equity Shares of face value of Rs. 10 each fully paid-up for cash at price of Rs. 28/- per Equity Share aggregating to Rs. 1051.68 Lakhs.
- Market Maker Reservation Portion: 1,88,000 Equity Shares of face value of Rs. 10/- each
- Net Issue to the Public: 35,68,000 Equity Shares
- RII: 17,84,000 Equity Shares
- NII: 17,84,000 Equity Shares
| IPO Detail | |
| Issue Open | Jun 30, 2020 – July 3, 2020 |
| Issue Type | Fixed Price Issue |
| Issue No. of Share | 3756000 Equity Share of Rs. 10 |
| Issue Size | Rs. 10.52 Cr |
| Issue Value | Rs. 28 per Share |
| Market Lot | 4000 Shares |
| Minimum order Qty | 4000 Shares |
| Bidding Lot Amt | (4000 X 28) = Rs. 112,000/- |
| Listing Platform | BSE SME |
Company Contact Information
WEA Channa Market,
Karol Bagh, New Delhi- 110005
Phone: 011 47532792
Email: info@bonlonindustries.com
Website: http://bonlonindustries.com/
Bonlon Industries Ltd IPO Registrar:
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Bonlon Industries IPO Lead Manager(s):
Sarthi Capital Advisors Private Limited
268a, Arjun Nagar,
Safdarjung Enclave,
New Delhi – 110029
Website: http://www.sarthi.in
Email: rciipo@sarthiwm.in
Phone: 022 26 5286 7172
Fax: 022 26 5286 7172
Download Bonlon Industries Ltd Prospectus:
Bonlon Industries DRHP Download
Bonlon Industries Ltd IPO Allotment Status:
Click on ALLOTMENT STATUS to get allotment status.
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