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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the BLS Polymers Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹142 - ₹150
Per ShareLot Size
100 Shares
Minimum Investment
₹14,200
Issue Size
₹255 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.53%
Promoter Holding (Post-Issue)
71.54%
Issue Type
Book Building
ISIN
INE0ZCQ01019
We are a manufacturer of multiple grades of custom formulated polymer compounds, catering to diversified critical industries such as telecommunication, power, railways, water, oil and gas distribution, among others. Polymer compounds are used as an essential raw material for sheathing, jacketing and insulation of wires and cables used in power, telecommunication and railway industries as well as coating of underground oil, gas and water pipelines, in order to provide a protective infrastructure from corrosion and external environmental factors. Our product portfolio is well diversified to offer varied solutions in the wire and cables and infrastructure industry.
Polymer compounding in India represents a crucial segment of the polymer industry, serving as a vital link between raw polymer manufacturers and end-product manufacturers. The Indian polymer compounding market has experienced consistent growth over the past few years, driven by increasing demand across various end-use industries. The market expanded from USD 5,967 million in 2019 to USD 8,330 million in 2023. This growth was fueled by rapid industrialization, rising demand from the automotive, construction and infrastructure, packaging, telecommunications, electrical & electronics, wires & cables, and an increasing shift toward lightweight and high-performance polymer materials. The market is expected to grow at a CAGR of 8.2% from 2024 to 2029, reaching a value of USD 13,415 million.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 1,70,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of BLS Polymers Limited ("The Company" or the "Issuer") for cash at a price of Rs. 142-150 per equity share (Including a Share Premium of Rs. 132-140 per Equity Share) ("Issue Price") aggregating up to Rs.241.4-255 Crores ("Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 142 to Rs. 150 per equity share of face value of Rs. 10 each. The floor price is 14.20 times the face value of the equity shares and the cap price is 15.00 times the face value of the equity shares. Bids can be made for a minimum of 100 equity shares of face value of Rs. 10 each and in multiples of 100 equity shares of face value of Rs. 10 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
BLS Polymers Limited (the "Issuer" or the "Company") was incorporated under the Companies Act, 1956 as a public limited company pursuant to a certificate of incorporation dated January 16, 1991 issued by the Registrar of Companies, Delhi and Haryana at New Delhi. Further, a certificate for commencement of business dated April 23, 1991 was issued to our Company by the Additional Registrar of Companies, Delhi and Haryana at New Delhi under Section 149(3) of the Companies Act, 1956.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.