BLS Polymers IPO Details

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BLS Polymers IPO Summary

BLS Polymers IPO opens for subscription on 27 Oct 2026 and closes on 29 Oct 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 03 Nov 2026.

BLS Polymers IPO price band has been fixed at ₹142 – ₹150 per share. The face value is ₹10 per share with a lot size of 100.

BLS Polymers IPO total issue size comprises 1,70,00,000 shares (aggregating up to ₹255.00 Cr). This includes a fresh issue of 1,70,00,000 shares (aggregating up to ₹255.00 Cr). Pre-issue shareholding stands at 4,50,31,834, which will increase to 6,20,31,834 post-issue.

BLS Polymers IPO carries a ₹69 (46%) GMP, reflecting investor sentiment.

BLS Polymers IPO Lot Size :Retail Minimum is 1 lot (100 shares) amounting to ₹15,000. Retail Maximum is 13 lots (1,300 shares) amounting to ₹1,95,000. SHNI Minimum is 14 lots (1,400 shares) amounting to ₹2,10,000. SHNI Maximum is 66 lots (6,600 shares) amounting to ₹9,90,000. BHNI Minimum is 67 lots (6,700 shares) amounting to ₹10,05,000.

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 RHP.

BLS Polymers IPO Details

Listing Price : ₹248 at a Premium of 65.33%

Open Date

27 Oct 2026

Close Date

29 Oct 2026

Listing Date

03 Nov 2026

Issue Price

₹142 - ₹150

Face Value

₹10 per share

Lot Size

100 Shares

GMP

₹69(46%)

Issue Type

IPO

Listing On

NSE, BSE

Type

Book Built Issue

Pre-issue Shareholding

4,50,31,834 shares

Post-issue Shareholding

6,20,31,834 shares

Total Issue Size

1,70,00,000 shares(aggregating up to ₹255.00 Cr)

Fresh Issue

1,70,00,000 shares(aggregating up to ₹255.00 Cr)

Offer for Sale

BLS Polymers IPO Subscription

BLS Polymers IPO Application Wise Breakup (Approx)

BLS Polymers IPO Dates

27 Oct 2026
Opening dateOpen
29 Oct 2026
Closing dateClose
30 Oct 2026
Allotment Date Allotment
02 Nov 2026
Initiation of RefundsRefund
02 Nov 2026
Credit of SharesCredit
03 Nov 2026
Listing dateListing

BLS Polymers IPO Lot Size

Application	Lots	Shares	Amount
Retail Minimum	1	100	₹15,000
Retail Maximum	13	1300	₹1,95,000
SHNI Minimum	14	1400	₹2,10,000
SHNI Maximum	66	6600	₹9,90,000
BHNI Minimum	67	6700	₹10,05,000

BLS Polymers IPO Reservation

Promoter Holding

Pre Issue:

98.53%

Post Issue:

71.53%

Promoter Names:

Vinod Aggarwal, Sushil Aggarwal, Madhukar Aggarwal, Diwakar Aggarwal, Karan Aggarwal

Documents

DRHP

BLS Polymers IPO DRHP

RHP

BLS Polymers IPO RHP

Anchor List

Anchor Investors

BLS Polymers IPO Valuations

ROE10.22%

ROCE9.11%

Debt/Equity0.61

RoNW9.73%

PAT Margin9.56%

EBITDA Margin15.15%

NAV23.35

P/B (x)6.42

BLS Polymers Financial Information

Period Ended	30 Jun 2026	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	231.34	206.13	179.14	168.49
Total Income	107.81	354.41	336.70	301.50
Profit After Tax	10.23	27.01	21.14	7.52
EBITDA	16.21	46.60	39.66	21.05
NET Worth	105.17	94.93	67.94	46.83
Reserves and Surplus	60.14	49.90	58.34	37.23
Total Borrowing	62.91	51.72	73.92	93.77
Amount in ₹ Crore

About BLS Polymers IPO

BLS Polymers Ltd. manufactures specialised polymer compounds used in wires, cables and underground pipelines. Its products include HDPE, MDPE, LLDPE, XLPE, PVC, HFFR, cable filling compounds and adhesive coating compounds, catering to industries such as power, telecommunications, railways, water, and oil and gas.

The company operates a manufacturing facility in Goa, spread across approximately 24,220 sq. metres and equipped with 11 machines. It has an in-house laboratory, a quality control team and ISO 9001:2015 certification. The company also develops customised products to meet specific customer requirements.

BLS Polymers serves more than 190 customers and exports its products to countries including Bangladesh, Egypt, Saudi Arabia, the UAE, the USA and Zambia.

Its proximity to Mormugao Port supports the import of raw materials and export of finished products.

Strength Of BLS Polymers IPO

Enlisted with prominent government agencies with pre-approved product portfolio
Diversified industry applications and differentiated product portfolio
Long-standing relationships with our customers
PAN-India market presence
Integrated quality control infrastructure.

Risk Of BLS Polymers IPO

During the three months period ended June 30, 2026 and the Fiscals 2026, 2025 and 2024, we derived 73.20%, 80.93%, 81.59% and 80.49% of our revenue from the sale of wire and cable polymer compounds. Any loss of sales due to reduction in demand for such products would have a material adverse effect on our business, financial condition, results of operations and cash flows.
Our business largely depends upon our top 10 customers which contributed 61.34%, 66.81%, 64.44% and 50.52% in the three months period ended June 30, 2026 and for the Fiscals 2026, 2025 and 2024. The loss of any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.
We are in the process of expanding our operations and establishing a network of distributors & customers in regions where we do not have a significant presence or prior experience. Any failure to expand into these new regions could adversely affect our sales, financial condition, result of operations and cash flows.
Our proposed capacity expansion plans are subject to the risk of unanticipated delays in implementation and cost overruns.
Certain of our corporate records and filings made by us are either untraceable or incorrect. We cannot assure you that legal proceedings or regulatory actions will not be initiated against us in the future, or that we will not be subject to any penalty imposed by the competent regulatory authority in relation to such discrepancies.
There have been certain instances of non-compliances with certain provisions of Companies Act, 2013 in the past. Consequently, we may be subject to regulatory actions and penalties for any such noncompliance and our business, financial condition and reputation may be adversely affected.
Information relating to our annual installed capacity, annual average available capacity and the historical capacity utilization of our Manufacturing Facility included in this Red Herring Prospectus is based on various assumptions and estimates and future production and capacity utilization may vary.
We have experienced negative cash flows in relation to our operating activities in the three months period ended June, 2026 and the last three financial years. Any negative cash flows in the future would adversely affect our results of operations and financial condition.
Fluctuations in the average selling prices of polymer resins could adversely affect our business, financial condition, results of operations and cash flows.
As on date of this Red Herring Prospectus, 3,32,851 Equity Shares are held by 46 Shareholders of our Company who are untraceable.

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

Email:

blsploymers.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

BLS Polymers 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 ₹255.00 Cr. The issue price has been fixed at ₹150 per equity share, and the minimum application size is 100 shares.

The IPO opens for subscription on 27 Oct 2026, and closes on 29 Oct 2026.

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 27 Oct 2026.

BLS Polymers IPO lot size is 100, and the minimum amount required for application is ₹15000.

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 30 Oct 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 02 Nov 2026. 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 03 Nov 2026.

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 ₹69 (46%).