BLS Polymers IPO is a book built issue of ₹255.00 cr., which is a completely fresh issue of 1.70 cr. fresh shares. This IPO will open for subscription on 27-10-2026 and will close on 29–10-2026. The allotment of its shares is likely to be finalized by 30-10-2026. The company’s shares will be listed on NSE & BSE, for which the tentative listing date has been fixed as 3-11-2026.
Table of Contents
The company has fixed the price band for this IPO at ₹142 to ₹150 per share. The lot size for one application has been kept at 100 shares. Based on the upper price band, an individual retail investor will have to invest a minimum of ₹15,000 (100 shares). Unistone Capital Pvt. Ltd. is the book running lead manager to the issue, while Kfin Technologies Ltd. is acting as its registrar.
BLS Polymers IPO Allotment Status
| Company Name | Allotment Date | Listing Date | Registrar (Check Link) |
|---|---|---|---|
| BLS Polymers | Fri, Oct 30, 2026 | Tue, Nov 3, 2026 | https://ipostatus.kfintech.com/ |
BLS Polymers IPO Overview
| Details | Descriptions |
|---|---|
| IPO Date | 27 to 29 Oct, 2026 |
| Listing Date | Tue, Nov 3, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹142 to ₹150 |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Total Issue Size | 1,70,00,000 shares (agg. up to ₹255 Cr) |
| Offer for Sale | 1,70,00,000 shares (agg. up to ₹255 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,50,31,834 shares |
| Share Holding Post Issue | 6,20,31,834 shares |
BLS Polymers IPO Schedule
| Details | Description |
|---|---|
| IPO Open Date | Tue, Oct 27, 2026 |
| IPO Close Date | Thu, Oct 29, 2026 |
| Tentative Allotment | Fri, Oct 30, 2026 |
| Initiation of Refunds | Mon, Nov 2, 2026 |
| Credit of Shares to Demat | Mon, Nov 2, 2026 |
| Tentative Listing Date | Tue, Nov 3, 2026 |
BLS Polymers Lot Size Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹15,000 |
| Retail (Max) | 13 | 1300 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1400 | ₹2,10,000 |
| S-HNI (Max) | 66 | 6600 | ₹9,90,000 |
| B-HNI (Min) | 67 | 6700 | ₹10,05,000 |
Issue Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
BLS Polymers IPO GMP Trend
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Profit* |
|---|---|---|---|---|
| 24-Oct 12:37 | ₹150 | ₹33 (22.00%) ▼ | ₹183 | ₹3,300 |
| 23-Oct 15:37 | ₹150 | ₹38 (25.33%) ─ | ₹188 | ₹3,800 |
| 22-Oct 23:37 | ₹150 | ₹38 (25.33%) ▲ | ₹188 | ₹3,800 |
| 21-Oct 23:37 | ₹150 | ₹30 (20.00%) ─ | ₹180 | ₹3,000 |
| 20-Oct 23:37 | ₹150 | ₹30 (20.00%) ▲ | ₹180 | ₹3,000 |
| 19-Oct 23:37 | ₹150 | ₹18 (12.00%) ─ | ₹168 | ₹1,800 |
Overview of BLS Polymers
BLS Polymers Ltd is a leading Indian company that manufactures specialty polymer compounds used in wires, cables and underground pipelines. The company’s product portfolio includes HDPE, MDPE, LLDPE, XLPE, PVC, HFFR, Cable Filling Compounds and Adhesive Coating Compounds. These products cater to the requirements of vital industries such as Power, Telecommunication, Railways, Water Supply, and Oil & Gas.
The company has a state-of-the-art manufacturing plant spread over approximately 24,220 square meters in Goa, equipped with 11 modern machines. The company has an in-house laboratory and a dedicated quality control team to ensure quality. The ISO 9001:2015 certified company is also capable of developing customized polymer products as per the specific requirements of the customers.
Global presence and logistics support
BLS Polymers currently serves over 190 domestic and global customers. Apart from India, the company exports its products to countries like Bangladesh, Egypt, Saudi Arabia, United Arab Emirates (UAE), America and Zambia. Being located close to Mormugao Port of Goa, the company gets a huge advantage at the logistics level in importing raw materials and exporting finished products.
Key Competitive Strengths of BLS Polymers
- Product Development Capabilities (R&D Capabilities): Ability to develop customized products as per industry and customer demand.
- Government Approvals: Product portfolio registered and pre-approved with key government agencies.
- Diversified Product Portfolio: Specialty polymer compounds catering to the needs of many major industries.
- Strong Customer Relationship: More than 100 customers have been associated with the company for more than three years.
- Wide Market Presence: Strong distribution network in India as well as international markets.
Company Financials
BLS Polymers Financial Information (Restated Standalone)
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 231.34 | 206.13 | 179.14 | 168.49 |
| Total Income | 107.81 | 354.41 | 336.70 | 301.50 |
| Profit After Tax | 10.23 | 27.01 | 21.14 | 7.52 |
| EBITDA | 16.21 | 46.60 | 39.66 | 21.05 |
| NET Worth | 105.17 | 94.93 | 67.94 | 46.83 |
| Reserves and Surplus | 60.14 | 49.90 | 58.34 | 37.23 |
| Total Borrowing | 62.91 | 51.72 | 73.92 | 93.77 |
Key Performance Indicator (KPI)
The market cap. of BLS Polymers IPO is for Pre IPO ₹675.48 Cr., & for Post IPO ₹930.48 Crores.
KPI as of Jun 30, 2026, & Mar 31, 2026
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 10.22% | 33.17% |
| ROCE | 9.11% | 29.51% |
| Debt/Equity | 0.61 | 0.56 |
| RoNW | 9.73% | 28.45% |
| PAT Margin | 9.56% | 7.73% |
| EBITDA Margin | 15.15% | 13.33% |
| NAV | 23.35 | 21.08 |
| P/B (x) | 6.42 | 7.12 |
IPO Valuation & Shareholding Structure
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.00 | 6.60 |
| P/E (x) | 25 | 22.73 |
| Company Promoters: | Vinod Aggarwal, Sushil Aggarwal, Madhukar Aggarwal, Diwakar Aggarwal and Karan Aggarwal. | |
| Promoter and Promoter Group | 98.53% | 71.53% |
| Public | 1.47% | 28.47% |
| Total | 100% | 100% |
BLS Polymers IPO Objectives
| Issue Objects | Est Amt (₹ Cr.) |
|---|---|
| Financing the capital expenditure requirement towards expansion of our Manufacturing Facility by increasing the manufacturing capacity of certain of the existing products | 77.56 |
| Funding working capital requirements of the Company | 89.50 |
| General Corporate Purposes | |
| Total | 167.06 |
BLS Polymers IPO Contact Details
- BLS Polymers Ltd. Address
- 604, Indra Prakash,
- 21, Barakhamba Road
- Delhi, New Delhi, 110001
- +91 114 352 6312
- corporate@blspolymers.com
- Website: https://blspolymers.com/
BLS Polymers IPO Registrar
Kfin Technologies Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 040-79615565 |
| Email: | blsploymers.ipo@kfintech.com |
| Website: | https://ipostatus.kfintech.com/ |
BLS Polymers IPO FAQs
When BLS Polymers IPO become available?
The IPO will open on Tue, Oct 27, 2026.
What is the minimum lot size for the BLS Polymers IPO?
The minimum lot size is 100 shares.
When will the shares for the BLS Polymers IPO be allotted?
The allotment is expected to be finalized on Fri, Oct 30, 2026.
What is the expected listing date for the BLS Polymers IPO?
The tentative listing date is Tue, Nov 3, 2026.
How can I apply for the BLS Polymers IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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