BLS E-Services Limited is a technology enabled digital service provider, providing (i) Business Correspondents, (ii) Assisted Eservices; and (iii) E-Governance Services at grass root levels in India. A key stakeholder in each of its business segments are merchants, for delivery of its products and services to the citizens. The Company acts as Business Correspondents to provide banking products and services on behalf of major banks in India. Further, the company provides assisted e-services through retailers and digital stores. The Company also facilitates delivery of various e-governance initiatives of the State Governments in India by providing various information communication technology enabled citizen centric services.;

Parent organisation

BLS E-Services Ltd

BLS E-Services Financials

Revenue

Total Assets

Profit

All values are in ₹ Cr

Strengths & Risks

Strengths

Risks

Asset light business model.

We enable social and financial inclusion in India.

Multiple cross-selling and up-selling opportunities, network effect and wide reach for customer acquisition.

Business model with diverse sources of revenue and negligible customer acquisition and retention costs.

The company predominantly undertakes fee and commission-based activities, and its financial performance may be adversely affected by the company inability to generate income from such activities.

Its contracts with respect to E-Governance projects are awarded to its Promoter, BLS International Services Limited by governmental agencies for providing G2C services to the citizens.

As a result of its limited operating history, the company may not be able to compete successfully, and it may be difficult to evaluate its business and future operating results on the basis of the company past performance.

A substantial portion of the revenue is generated by BC business operated by its subsidiaries, ZMPL and Starfin for the company banking partners. The businesses of its banking partners are regulated by the RBI and any change in the RBI's policies, decisions and regulatory framework could adversely affect its business, cash flows, results of operations and financial condition.

Application details

For BLS E-Services IPO, eligible investors can apply as Regular.

Apply as	Price band	Apply range	Lot size
Regular	₹135 - ₹200	Upto ₹2 Lakhs	108
High Networth Individual	₹135 - ₹200	₹2 - ₹5 Lakhs	108

Frequently Asked Questions

Home>IPO>BLS E-Services Ltd

Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka

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