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