BLS Polymers IPO Details

MAINBOARD

BLS Polymers IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

BLS Polymers IPO total issue size comprises 1,70,00,000 shares . Pre-issue shareholding stands at 4,50,31,834, which will increase to 6,20,31,834 post-issue.

The Lead Managers for BLS Polymers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Unicon Capital Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the BLS Polymers Limited DRHP.

BLS Polymers IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
4,50,31,834 shares
Share holding post issue
6,20,31,834 shares
Total Issue Size
1,70,00,000 shares
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

BLS Polymers IPO Lot Size

ApplicationLotsSharesAmount
To be announced

BLS Polymers IPO Reservation

Promoter Holding

Pre Issue:98.53%
Post Issue:-
Promoter Names:
Vinod Aggarwal, Sushil Aggarwal, Madhukar Aggarwal, Diwakar Aggarwal, Karan Aggarwal

Documents

BLS Polymers IPO Valuations

ROE:36.83%
ROCE:25.46%
DEBT/EQUITY:1.11
RONW:31.11%
PAT MARGIN:6.44%

BLS Polymers Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets179.14168.49161.26
Total Income336.70301.50316.78
Profit After Tax21.147.526.25
EBITDA39.6621.0517.92
Net Worth67.9446.8339.26
Reserves and Surplus58.2937.1629.64
Total Borrowing73.9293.7789.60
Amount in ₹ Crore

About BLS Polymers IPO

BLS Polymers is a leading manufacturer of custom-formulated polymer compounds catering to critical infrastructure sectors such as telecommunications, power, railways, water, and oil & gas distribution.

Product offerings: Its diverse product portfolio includes high-density polyethylene (HDPE), medium-density polyethylene (MDPE), linear low-density polyethylene (LLDPE), cross-linked polyethylene (XLPE), halogen-free flame retardant (HFFR) compounds, polyvinyl chloride (PVC), cable filling compounds (CFC), and adhesive coating compounds.

The company has established a strong PAN India presence across 24 states/union territories. In Fiscal 2025, it has served 113 repeat customers and 53 new customers.

Market Presence: It sells products domestically and overseas such as Bangladesh, Egypt, Oman, Saudi Arabia, Turkey, United Arab Emirates, United States of America and Zambia. In Fiscal 2025, it has derivedm 91.57% of revenue from domestic operations and remaining 8.43% from export operations.

Manufacturing Facility: Goa across 24,220 sq ft, equipped with advanced machineries.

Competititve Strengths

  • Enlisted with prominent government agencies with pre-approved product portfolio.
  • Diversified industry applications with differentiated product portfolio
  • Long-standing relationships with our customers
  • PAN-India market presence
  • Integrated product development capabilities

Strength Of BLS Polymers IPO

To be announced

Risk Of BLS Polymers IPO

To be announced

Objectives BLS Polymers IPO

1. Financing the capital expenditure requirement towards expansion of our Manufacturing Facility by increasing the manufacturing capacity of certain of our existing products

2. Funding working capital requirements of our Company

3. General Corporate Purpose

Company Contact Details

BLS Polymers Ltd.
604, Indra Prakash,
21, Barakhamba Road
Delhi, New Delhi, 110001
Phone: +91 114 352 6312
Email: corporate@blspolymers.com
Website: http://www.blspolymers.com/

Registrar Contact Details

Name: Kfin Technologies Ltd
Phone: +91-40-67162222

BLS Polymers IPO - FAQs

The BLS Polymers IPO is a MAINBOARD public issue comprising 17000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The BLS Polymers IPO opens on TBA.

BLS Polymers IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the BLS Polymers IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the BLS Polymers IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the BLS Polymers IPO allotment status for updates.

The listing date for the BLS Polymers IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

BLS Polymers IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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