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The Bombay Company Limited was founded in 1886 to take on the activities undertaken by Wallace and Company Limited aside from the supervision on the Bombay Burmah Trading Corporation Limited.The main business of the Bombay Company Limited was the export of raw cotton and the import and sale of manufactured textiles from Lancashire. Its head office was in Bombay but it also took over the former Wallace and Company branch in Karachi. Further branches were opened in Delhi in 1893, Calcutta in 1903 and Madras in 1906. Two former managing directors, E J Hawke and M R Wyer. went on to form Wyer and Hawke in 1912. The sale of Manchester piece goods decreased in the early twentieth century. In 1936, the Bombay Company Limited were involved in the purchase of the entire share capital of the New Pralhad Mill. The Bombay Company Limited ceased trading in 1969.