BLS Polymers IPO Day 3: Subscription Status, Timeline & Key Issue Details
BLS Polymers’ ₹255 crore IPO entered its final day of bidding on October 29, 2026. The issue, priced at ₹142 to ₹150 per share, was subscribed 42.05 times as of 10:05 AM.
The basis of allotment is expected to be finalised on October 30, while the company’s shares are 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 3 Subscription Status
[October 29, 2026, 10:05 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
12.21x |
|
Non-Institutional Investors (NIIs) |
101.48x |
|
Retail Individual Investors (RIIs) |
33.63x |
|
Total |
42.05x |
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 sectors such as telecommunications, power, railways, water, and oil and gas distribution..
These materials are used in wire and cable insulation and sheathing, offering properties such as electrical resistance, mechanical strength, fire resistance and moisture protection. HDPE and adhesive coating compounds are also used in three-layer polyethylene (3LPE) coatings for oil, gas and water pipelines, helping protect them from corrosion, moisture and chemical exposure.
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 |
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