BLS Polymers IPO Day 1: Subscription Status, Timeline & Key Issue Details

27 October 2026
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BLS Polymers's ₹255.00 crore initial public offering (IPO) opened for public subscription today, October 27, 2026, with a price band of ₹142 to ₹150 per share. As of 10:05 A.M on the first day of bidding, the issue had been subscribed 0.06 times.

The IPO will remain open for subscription until October 29, 2026. The IPO allotment status is expected to be finalised on October 30, 2026, while the shares are provisionally scheduled to list on the BSE and NSE on November 3, 2026.

BLS Polymers IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue only)
  • Total Issue Size: Up to ₹255.00 crore
  • Fresh Issue: Up to ₹255.00 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹142 to ₹150 per share
  • Lot Size: 100 shares
  • Minimum Investment Amount (Retail Investor): ₹15,000 (100 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: Unistone Capital Private Limited
  • Registrar: KFin Technologies Limited

BLS Polymers IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

27 October 2026

Subscription Closing Date

29 October 2026

Basis of Allotment Date

30 October 2026

Refund Initiation Date

2 November 2026

Credit of Shares

2 November 2026

Listing on BSE and NSE

3 November 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

BLS Polymers IPO Day 1 Subscription Status

[October 27, 2026, 10:05 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.18x

Retail Individual Investors (RIIs)

0.05x

Total 

0.06x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Financing the capital expenditure requirement towards expansion of its existing manufacturing facility at Goa (“Manufacturing Facility”) by increasing the manufacturing capacity of certain of existing products.
  • Funding working capital requirements of the company
  • General Corporate Purposes

About BLS Polymers Limited

Incorporated in 2003, BLS Polymers Limited manufactures specialised polymer compounds for key industries such as telecommunications, power, railways, water, and oil and gas distribution. Its product range 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 and adhesive coating compounds.

These products are primarily used to insulate, sheath and jacket wires and cables, providing electrical resistance, mechanical strength, fire resistance and protection against moisture. HDPE and adhesive coating compounds are also used in three-layer polyethylene (3LPE) coatings for oil, gas and water pipelines, helping prevent corrosion and protecting the pipelines from chemical exposure and moisture.

Key Financial Highlights 

Particulars

For the three-month period ended June 30, 2026 (in ₹ crore)

FY26

(in ₹ crore)

FY25

(in ₹ crore)

Revenue from operations

107.03 

349.43 

328.44

EBITDA

16.21 

46.60 

39.66

Profit After Tax (PAT)

10.23 

27.01 

21.13

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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