Bonlon slips on BSE-SME listing

Our Bureau Chennai | Updated on July 13, 2020 Published on July 13, 2020



Shares of Delhi-based Bonlon Industries got listed on the BSE SME Platform on Monday. It came out with an initial public offering of 37.56 lakh shares of ₹10 each for cash at ₹28 a share, aggregating to ₹10.52 crore. Shares, however, ended sharply lower at ₹21.50, after opening at ₹21. The company completed its public issue on July 3. Bonlon Industries is engaged in manufacturing, trading and marketing of copper rods and bars. They manufacture products for various industries including electrical, construction, transport and automobile.

Follow us on Telegram, Facebook, Twitter Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on July 13, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.