BLS Polymers’ ₹255.00 crore IPO will open for subscription on October 27, 2026, and close on October 29, 2026. According to the company’s Red Herring Prospectus (RHP), the issue comprises a fresh issue of 1.70 crore equity shares, with no offer for sale (OFS) component.

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 Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹150 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	100	₹15,000
Retail (Maximum)	13	1300	₹1,95,000
sNII (Minimum)	14	1400	₹2,10,000
bNII (Minimum)	67	6700	₹10,05,000

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 custom-formulated polymer compounds for critical industries, including telecommunications, power, railways, water, and oil and gas distribution. Its 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), polyvinyl chloride (PVC), cable filling and adhesive coating compounds.

These compounds are used for insulation, sheathing and jacketing of wires and cables, 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 against corrosion, chemicals 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