
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
Close
3 Jul 2020
Allotment
9 Jul 2020
Refund
10 Jul 2020
Demat Credit
11 Jul 2020
Listing
13 Jul 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,878,571 | — | 0.00x |
| Non-Institutional (NII / HNI) | 563,571 | — | 0.00x |
| Retail Individual (RII) | 1,315,000 | — | 0.00x |
| Total | 3,757,142 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 329 | 329 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 10 | 10 | 1.00x |
| Total Applications | 341 | 341 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
Currently, Bonlon Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹28 to ₹28 per equity share.
The retail lot size is 4000 shares requiring a minimum application amount of ₹1,12,000. Expected listing price is ₹28 per equity share.
The Bonlon Industries Limited IPO aggregate issue size is ₹10.52 Crores with an equity price band set at ₹28 to ₹28 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2020-07-09. Investors can verify status using PAN card or application number.
Bonlon Industries Limited shares are scheduled to list on BSE on 2020-07-13.