BLS Polymers Limited IPO
27 Oct 2026 – 29 Oct 2026
Issue Details
- Price Band
- ₹142 – ₹150
- Lot Size
- 100 shares
- Min Investment
- ₹15,000 (1 lot · 100 shares)
- Face Value
- ₹10
- Fresh Issue
- 1,70,00,000 shares (to the company)
- Issue Size
- Initial Public Offer comprising of Fresh Issue aggregating upto 1,70,00,000 Equity Shares
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹38 · Last updated 24 Oct 2026, 12:08 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 24 Oct | ₹38 | +25.3% | — | ₹188 | |
| 23 Oct | ₹38 | +25.3% | — | ₹188 | |
| 22 Oct | ₹38 | +25.3% | — | ₹188 |
Subscription
Subscription figures appear once bidding opens.
Financials
All values in ₹ crore
About BLS Polymers
BLS Polymers specializes in the development and manufacturing of customized polymer compounds for essential infrastructure industries, including telecommunications, power, railways, water management, and oil and gas distribution. Product Portfolio: The company offers a broad range of polymer-based materials, including high-density polyethylene (HDPE), medium-density polyethylene (MDPE), linear low-density polyethylene (LLDPE), cross-linked polyethylene (XLPE), halogen-free flame-retardant (HFFR) compounds, polyvinyl chloride (PVC), cable filling compounds (CFC), and adhesive coating compounds. Domestic Reach and Customer Base: BLS Polymers has developed an extensive distribution network spanning 24 Indian states and union territories. During Fiscal 2025, the company catered to 113 repeat customers and added 53 new customers to its portfolio. Geographical Market Presence: The company serves both domestic and international markets, exporting its products to countries such as Bangladesh, Egypt, Oman, Saudi Arabia, Turkey, the United Arab Emirates, the United States of America, and Zambia. In Fiscal 2025, domestic sales accounted for 91.57% of total revenue, while exports contributed the remaining 8.43%. Manufacturing Infrastructure: BLS Polymers operates a manufacturing facility in Goa covering approximately 24,220 square feet. The facility is equipped with advanced machinery to support its polymer compound manufacturing operations. Competitive Advantages Approved supplier status with established government agencies, supported by a portfolio of pre-approved products. A diversified product range serving multiple industries and infrastructure applications. Established customer relationships built through long-term business associations. A broad pan-India distribution network covering 24 states and union territories. Integrated product development capabilities that support customized polymer solutions.
As published in the company's own offer documents.
Strengths
- Government Approvals: Enlisted with prominent government agencies with a pre-approved product portfolio.
- Diversified Product Portfolio: Caters to multiple industries with specialised polymer compounds.
- Established Customer Relationships: More than 100 customers have been associated with the company for over three years.
- Wide Market Presence: Serves customers across India and international markets.
- Product Development Capabilities: Develops customised polymer compounds to meet specific industry and customer requirements.
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Unistone Capital Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 100 | ₹15,000 |
| Retail (max)most that stays under ₹2L | 13 | 1,300 | ₹1,95,000 |
| S-HNI (min)first bid over ₹2L | 14 | 1,400 | ₹2,10,000 |
| S-HNI (max)most that stays under ₹10L | 66 | 6,600 | ₹9,90,000 |
| B-HNI (min)first bid over ₹10L | 67 | 6,700 | ₹10,05,000 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 100 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 29-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- ICICI Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai - 400 070, Maharashtra, India.
- Contact
- Williams R, Tel: +91 406 716 2222/ 1800 309 4001, blsploymers.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of BLS Polymers Limited IPO today?
The latest grey market premium for BLS Polymers Limited IPO is ₹38. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of BLS Polymers Limited IPO?
The price band is ₹142 – ₹150, with a lot size of 100 shares. The minimum investment is ₹15,000.
When does BLS Polymers Limited IPO open and close?
The issue opens on 27 Oct 2026 and closes on 29 Oct 2026. Listing is expected on 3 Nov 2026.
Who is the registrar for BLS Polymers Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.