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BLS E-Services Limited IPO

BLS E-Services Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 305.00 (+125.93%)

BLS E-Services Limited's successfully transitioned to public market status with its listing on NSE, BSE on 06-02-2024. The IPO mobilized 2,30,30,000 Shares in cumulative capital, including 2,30,30,000 Shares for corporate expansion.

The public offering was conducted within the price parameters of ₹129 to ₹135, with minimum investment lots of 108 shares. subscription activity between 30-01-2024 and 01-02-2024 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 03-02-2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

BLS E-Services IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
BLS E-Services IPO Key Performance Indicator
Company Financials ( In Crores )

BLS E-Services IPO About Company

BLS-E Services Limited, formed in April 2016, is a digital services company that provides business correspondent services for major Indian banks, assisted e-services, and e-governance solutions focused on reaching remote and underserved communities. As a subsidiary of BLS International Services Limited, it also supports visa, passport, consular, and other citizen services across several global regions, making it the only listed Indian company operating in this field. The company’s merchant network grew to 92,427 by March 31, 2023, and its revenue has steadily increased from ₹6,448.72 lakhs in FY21 to ₹24,306.07 lakhs in FY23. With a workforce of 3,071 employees, including 2,413 contract staff as of June 30, 2023, BLS-E Services continues to expand its presence and deliver essential digital and financial services.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


BLS E-Services IPO Strength Factors

NA


BLS E-Services IPO Risk Factors

NA


BLS E-Services IPO Lead Manager(s)

  • Unistone Capital Private Limited

BLS E-Services IPO Promoter(s)

  1. BLS International Services Limited



BLS E-Services IPO Company Details

BLS E-Services Limited
Phone:
address:

BLS E-Services IPO Registrar

Kfin Technologies Limited
Name:
Phone:

BLS E-Services IPO FAQs