Mumbai, Jul 13 (UNI) Bonlon Industries Limited became 324th company to get listed on the BSE SME Platform on Monday.
Bonlon Industries Limited came out with an initial public offering of 3,756,000 Equity Shares of Rs.10 Each For Cash At a Price of Rs. 28 Per Equity Share, Aggregating to Rs. 10.52 Crores. The company has successfully completed its public issue on July 3, 2020.
Bonlon Industries Limited is a Delhi-based company engaged engaged in manufacturing, trading, and marketing of copper rods and bars. They manufacture products for various industries including electrical, construction, transport, and automobile.
The 324 companies listed on BSE SME Platform have raised Rs. 3,333.46 crores from the market and total market capitalization of 324 companies as on 13th July 2020 is 17,452.51 Crores. BSE is the market leader in this segment with a market share of 60 percent.
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