The BLS Polymers IPO closed on 29 October 2026 and is due to list on 3 November 2026 on the NSE and BSE. The price band is ₹142 to ₹150 per share and one lot is 100 shares, so the minimum application is ₹15,000. The issue size is ₹255 crore. The whole issue is fresh shares, so the money raised goes to the company.
Kfin Technologies Ltd is the registrar to the issue, and Unicon Capital Services Pvt.Ltd is the lead manager.
Quoted at ₹62 per share, 41% over the ₹150 upper band, giving an indicative listing price of ₹212, as of 2 November 2026. The premium is an unofficial quote and moves through the day.
The issue was subscribed 241.22 times overall.
BLS Polymers is one of the eminent manufacturers of custom formulated polymer compounds targeted at various critical infrastructure industries including telecommunication, power, rail, water and oil & gas transmission applications. Products: The company offers a comprehensive range of products comprising high-density polyethylene (HDPE), medium density polyethylene (MDPE), linear low density polyethylene (LLDPE), cross linked polyethylene (XLPE), halogen free flame retardant (HFFR) compounds, poly vinyl chloride (PVC), cable filling compound (CFC) and adhesive coating compound.
The company has achieved a remarkable PAN India presence in 24 states/union territories. For FY 2025, it has acquired 113 repeat customers and 53 new customers. Market Presence: It markets its products both in domestic and international locations including Bangladesh, Egypt, Oman, Saudi Arabia, Turkey, United Arab Emirates, United States of America and Zambia. During FY 2025, it has obtained 91.57% of its revenue from its domestic operations while rest 8.43% from its export operations. Manufacturing Facility:
Goa covering 24,220 sq. ft.
As described in the offer document.
Vinod Aggarwal, Sushil Aggarwal, Madhukar Aggarwal, Diwakar Aggarwal, Karan Aggarwal. Promoter holding 98.53% before the issue and 71.53% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
₹142 to ₹150 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 100 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹15,000.
₹15,000, for one lot of 100 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 27 October 2026 and closed on 29 October 2026.
The basis of allotment was published on 30 October 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares are due to list on 3 November 2026 on the NSE and BSE. Trading begins after the special pre-open session on listing morning, in which the opening price is discovered.
The issue size was ₹255 crore. The fresh issue was 1,70,00,000 shares (aggregating up to ₹255 crore).
On the registrar's website at https://ipostatus.kfintech.com/, by PAN, application number or demat account. The basis of allotment was published on 30 October 2026. The Rupix app can also check it by PAN.
The expected listing premium was last quoted at ₹62 per share above the issue price (41% on the upper band of ₹150), an indicative listing price of ₹212, as of 2 November 2026. It is what unofficial dealers quote per share, a sentiment reading from an unregulated market, and it does not predict the listing price.