BLS E-Services Limited IPO

BLS E-Services Ltd.'s IPO will issue 2.41 crore shares to raise ₹310.91 crore, funding technology, BLS Stores, acquisitions, and corporate growth needs.

Scribbled Underline

Important Dates

IPO Date: Jan 30 to Feb 1, 2024 IPO Listing Date: Feb 6, 2024 IPO Price: INR 129 to 135 per share IPO Lot Size: 108 Shares IPO Total Issue Size:  INR 310.91 crores

Scribbled Underline

Fundamental Analysis

BLS E-Services Ltd. displays robust growth, higher profits, better liquidity, and a stronger balance sheet in the last three years, signaling positive investment prospects.

Scribbled Underline

Peer Comparison

BLS E-Services, with similar revenues to EMudhra at ₹24,629.27M, has a lower EPS (₹3.02) but higher RoNW (16.46%) and lower NAV per share (₹18.76) than EMudhra's ₹53.02.

Scribbled Underline


BLS E-Services' IPO aims to fund technology, BLS Stores, acquisitions for growth, and general corporate needs like marketing and operations.

Scribbled Underline

Risks And Challenges

BLS E-Services faces risks from fee-based revenue, transaction reliance, government influence, contract uncertainties, and legal proceedings.

Scribbled Underline

Apply for BLS E-Services Limited IPO with Alice Blue Completely Free of Cost.