Bonlon Industries Ltd

About the Company:

Bonlon Industries is engaged in the manufacturing, trading, and marketing of the products made from copper.

Company began operations in the year 1997 with the trading of copper rods and copper bars which were manufactured by renowned market players like Hindustan Copper Limited, Sterlite India and Hindalco Industries Limited.

Later on, in the year 2006 we began supervising the 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.

The manufactured copper made bars were imported by Bonlon Industries in India and thereafter producing copper wires from the same on job work basis, they were then sold in the market.

Company carried such activity for two years after which they started the manufacturing activity of copper bars from scrap in our partnership firm i.e. at first in Vaishno Metals and Allied Industries in Jammu and later on in B.C. Power Controls Limited.


Company is broadly categorized into the following segments:

Metals Business:

  • Company caters its clients through products such as rods, wires, ingots etc made up from metals like copper, aluminum, lead, zinc etc.
  • Company had been carrying on such business since their inception and therefore it is the primary segment of our business.
  • Company caters its clients through products such as wire rods, wires, cathode and ingots made up from metals like copper, aluminum, lead and zinc.
  • The business operations in this segment include both manufacturing and trading activities. Manufacturing is mainly done for the copper wire rods and wires


Hotel Business:

  • Hotel business is the second section in which company carries on its business operations.As of now, company has only one hotel in the name and style of Hotel Bonlon Inn situated at 7A/39, WEA Channa Market, Karol Bagh, New Delhi- 110005, having 24 keys.
  • Inaugurated in the year 2010, the hotel is situated in Karol Bagh, which is near to the center of the city, having 24 rooms on four floors, i.e. 6 rooms at each of the floor.
  • In the nine months ended December 31, 2019 and in the last fiscal year, the hotel business has contributed Rs. 33.65 Lakhs and Rs. 34.79 Lakhs i.e. 0.18% and 0.16% of our total revenues.


Capacity & Capacity Utilization: 

*We sold off one of the furnaces installed at our manufacturing unit post March 31, 2019. Consequently, the current production capacity of our manufacturing unit is 7,000 Metric Tonnes.


Management Team:

  1. Mr. Raj Jain (Designation: Managing Director)
  2. Mr. Arun Kumar Jain (Designation: Director)


Objectives of the Issue:

  • To meet the working capital requirements of the Company.
  • To meet Issue Expenses.


Financials of the Company:

(in Crores) FY 17 FY 18 FY 19 Upto 31st Dec 19
Revenue 238.81 243.13 217.44 186.9
Net Profit (-1.22) 0.27 2.82 13.87


IPO Details:

Details Info
Issue Opens on 30th June 2020
Issue Closes on:. 3rd July 2020
Issue Price Rs.28
Face Value Rs.10
Minimum Lot 4000
Minimum Investment Rs.1,12,000
Issue Constitutes 26.48%
Issue Size Rs.10.51 cr
Market Cap Rs.39.71 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 37,56,000
Equity Shares Prior to the Issue 1,04,27,358
Equity Shares after the issue 1,41,83,358


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
3.79 7.39 6.01% 45.05


Company Contact Info:
7A/39 (12-First Floor), WEA Channa Market,
Karol Bagh, New Delhi-110005
Tel: 011-47532792
Fax: 011-47532798



IPO Registrar Info:
Unit No. 411, Fourth Floor, Pratap Bhawan, 5,
Bahadur Shah Zafar Marg, New Delhi-110002
Tel: +91 011 23739425-27
Fax:+91 011 23739424
Investor Grievance Email:



Lead Manager to the Issue:
1st Floor, Bharat Tin Works Building, Opp.
Vasant Oasis, Makwana Road, Marol, Andheri
East, Mumbai – 400059
Tel: +91 22 62638200
Fax: +91 22 62638299