BLS-E Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹310.91 Crores via IPO. The issue is priced at ₹129 to ₹135 per equity share. The IPO is to be listed on NSE, BSE
BLS E-Services IPO opens for subscription on January 30, 2024 and closes on February 1, 2024. The allotment for the BLS E-Services IPO is expected to be finalized on Friday, February 2, 2024. BLS E-Services IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, February 6, 2024.
| BLS-E Services Limited | MAIN BOARD |
| Minimum Investment ₹14,580. / 1- Lot (108 shares) | Price Range ₹129-₹135 | |
| Max Quantity 13-Lots/ (1404 Shares) | Max Investment ₹189,540 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 310.91 Cr | Employee Discount ₹0 |
| Total Issue Size 89,03,000 Shares (Aggregating up to ₹310.91 Cr) | Share Holding Pree Issue 66,726,485 | Issue Type Book build Issue IPO |
| Fresh Issue Share 89,030,000 Shares (Aggregating up to ₹310.91 Cr) | Share Holding Post Issue 89,726,485 | Listing At BSE, NSE |
| Face value ₹10 |
IPO Dates
| Offer Starts | 30 JAN 2024 |
| Offer Ends | 01 Feb 2024 |
| Allotment | 02 Feb 2024 |
| Refunds | 05 Feb 2024 |
| Credit of shares to Demat account | 05 Feb 2024 |
| IPO Listing | 06 Feb 2024 |
About BLS-E Services Limited
- Incorporated in April 2016, BLS-E Services Limited is a digital service provider that offers Business Correspondence services to major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level in India.
- The company’s service offerings can be categorized into three parts (i) Business Correspondents Services; (ii) Assisted E-services; and (iii) E-Governance Services.
| Founded In | Managing Director |
| 2016 |
BLS-E Services Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Share Holding
| Share Holding Pre-Issue | 93.80% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹246.29 | ₹95.40 | ₹65.23 |
| Assets | ₹179.47 | ₹55.93 | ₹40.59 |
| Profit | ₹20.33 | ₹5.38 | ₹3.15 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | 1226.56 Cr | ROE | 33.33% |
| P/E (X) | 44.31 | ROCE | 30.62% |
| POST P/E (X) | 60.33 | EPS | 3.05 |
| Debt to Equity | 0.05 | RONW | 32.08% |
Objects of the Issue
- Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms;
- Funding initiatives for organic growth by setting up of BLS Stores;
- Achieving inorganic growth through acquisitions; and
- General Corporate Purposes
Brokerage Firm IPO Review
- To be updated soon
| BLS-E Services Limited Contact Details | |
| Address | BLS-E Services Limited G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road, South Delhi, New Delhi – 110044, India |
| Phone: | +91-11- 45795002 |
| cs@blseservices.com | |
| Website | https://www.blseservices.com/ |
| BLS-E Services Limited IPO Lead Managers | |
| Address | Unistone Capital Pvt Ltd 12, Floor no – 2, Shashank CHS LTD, Manmala Tank Road, NR. Starcity Cinema, Mahim Mumbai 400016 India |
| Phone | 022-2430-6977 |
| mb@unistonecapital.com | |
| Website | https://unistonecapital.com/ |
| BLS-E Services Limited IPO Registrar | |
| . | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| mb@unistonecapital.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| BLS-E Services Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
BLS-E Services Limited IPO FAQs
What is BLS-E Services Limited IPO?
- BLS-E Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹310.91 Crores via IPO. The issue is priced at ₹129 to ₹135 per equity share. The IPO is to be listed on NSE, BSE
When BLS-E Services Limited IPO will open?
- The IPO is to open on January 30, 2023, for QIB, NII, and Retail Investors.
What is BLS-E Services Limited IPO Investors Portion?
- The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is BLS-E Services Limited IPO Size?
- BLS-E Services Limited IPO size is ₹310.91 crores.
What is BLS-E Services Limited IPO Price Band?
- BLS-E Services Limited IPO Price Band is ₹129 To ₹135 per equity share.
What is BLS-E Services Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1-Lot (108 Shares) with ₹14,580. and Maximum Lot Size 13-Lots / (1404 Shares) with ₹189,540
What is BLS-E Services Limited IPO Allotment Date?
- BLS-E Services Limited IPO allotment date is February 2, 2024.
What is BLS-E Services Limited IPO Listing Date?
- BLS-E Services Limited IPO listing date is February 6, 2024. The IPO to list on NSE, BSE.