Bonlon Industries Ltd IPO Subscription Period from June 30th to July 3rd, 2020:
To begin with, Bonlon Industries Ltd embedded in 1997 and located in Delhi. The company involved in manufacturing, trading, and market of copper rods and bars. The company manufacturing its products for different industries such as electrical, construction, transport, and automobile. Moreover, the IPO subscription period starts from 30th June and it will end on 3rd July 2020.
Bonlon Industries Ltd IPO Details:
|Bid Period||June 30th to July 3rd, 2020|
|IPO Type||Fixed Price Issue IPO|
|IPO Size||37,56,000 equity shares of Rs. 10 (aggregating up to Rs. 10.52 cr)|
|Face Value||Rs. 10 Per Eq Share|
|IPO Price||Rs. 28 Per Eq Share|
|Market Lot||4000 shares|
|Min Order Quantity||4000 shares|
|Listing At||BSE SME|
The company introduced a ‘Fixed Price Issue‘ type initial public offering with the face value of Rs. 10 per equity share. Initially, Bonlon Industries provided an issue size of 37,56,000 equity shares with an aggregating of Rs. 10.52 cr. Similarly, the price of the issue is Rs. 28 per equity share.
The market lot and minimum order quantity of the issue is 4,000 shares per each. If any investor should invest in this company with a minimum investment amount of Rs. 1,12,000 (1 lot=4,000 shares).
The promoter of the company is Mr. Arun Kumar Jain.
|Pre Issue Share Holding||98.92%|
|Post Issue Share Holding||72.44%|
The object of the company, it plans to utilize the IPO raised amount for the working capital requirements, and issue expenses. The company shares will be list on the Bombay Stock Exchange Small and Medium-sized Enterprises (BSE SME).
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: [email protected]
Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.