Bonlon Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,784,000 (48%) | — | ₹500 Cr |
| Retail | — | 1,784,000 (48%) | — | ₹500 Cr |
| Market Maker | — | 188,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 3,756,000 (100%) | — | ₹10,517 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹112,000 |
| Retail (Max) | 13 | 52,000 | ₹1,456,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,568,000 |
| B-HNI (Min) | 67 | 268,000 | ₹7,504,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Dec-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 18,699 | 21,744 | 24,313 |
| Profit After Tax | 1,388 | 282 | 28 |
| Total Assets | 15,064 | 6,304 | 3,913 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirements – 10.12
- Issue Expenses – 0.40
Company Overview
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