What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Bonlon Industries Limited IPO allotment date?

The basis of allotment for Bonlon Industries Limited IPO is scheduled to be finalized on 9 Jul 2020.

Where can I check Bonlon Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 10 Jul 2020.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bonlon Industries Limited

ListedSME

Metals & Mining Sector · BSE

Bonlon Industries Ltd, incorporated in 1997 and based in Delhi, specializes in manufacturing, trading, and marketing copper rods and bars. The company serves various industries, including electrical, construction, transport, and automobile sectors, by producing customized products in different specifications and sizes as per client requirements. Following its merger with three Bonlon Group companies, Bonlon Industries has expanded its operations beyond metal manufacturing to include the hotel business and civil construction. Its manufacturing facility is located at RIICO Industrial Area, Bhiwadi, Alwar, Rajasthan. Additionally, the company owns and operates 'Hotel Bonlon Inn' in Karol Bagh, Delhi.

Price Band

₹28

Issue Size

₹10.52 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹28

at current GMP

Subscribed

—

Open

30 Jun 2020

3 Jul 2020

Allotment

9 Jul 2020

Refund

10 Jul 2020

Demat Credit

11 Jul 2020

Listing

13 Jul 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Bonlon Industries Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

9 Jul 2020

Basis finalization

Refunds Initiate

10 Jul 2020

Mandate release

Demat Credit

11 Jul 2020

Shares in demat

Listing Debut

13 Jul 2020

Trading begins

About Bonlon Industries Limited Public Issue & Market Profile

Bonlon Industries Limited is bringing an initial public offering (IPO) in the Metals & Mining Sector sector with an aggregate issue size of ₹10.52 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,12,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-07-11, while un-allotted funds or UPI block mandates will be released on 2020-07-10.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.