BLS Polymers Ltd IPO

BLS Polymers Ltd IPO

We are a manufacturer of multiple grades of custom formulated polymer compounds, catering to diversified critical industries such as telecommunication, power, railways, water, oil and gas distribution, among others. Polymer compounds are used as an essential raw material for sheathing, jacketing and insulation of wires and cables used in power, telecommunication and railway industries as well as coating of underground oil, gas and water pipelines, in order to provide a protective infrastructure from corrosion and external environmental factors. Our product portfolio is well diversified to offer varied solutions in the wire and cables and infrastructure industry.

BLS Polymers Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

DBC

Issue size

₹ 255 Cr

IPO Open Date

Oct 27, 2026

Close Date

Oct 29, 2026

Lot Size

100

Min Investment

₹ 14,200

Issue Type

Book Building

Listing Date

Nov 3, 2026

BLS Polymers Ltd IPO Dates

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Oct 27, 2026
Opening date
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Oct 29, 2026
Closing date
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Oct 30, 2026
Basis of Allotment
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Nov 2, 2026
Initiation of Refunds
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Nov 2, 2026
Credit of Shares
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Nov 3, 2026
Listing date

Details

SectorType
SectorPlastics Products
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

BLS Polymers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations38.8631.3512.40
EBITDA41.7434.4215.11
PAT27.0121.147.52
Total Assets178.54158.58148.12
Share Capital45.039.609.60
Total Borrowings82.53102.43101.77
Operating Activities (Net Cash)29.8924.2110.23
Investing Activities (Net Cash)-1.740.000.00
Financing Activities (Net Cash)82.53102.43101.77
Net Cashflow2.431.722.55

About BLS Polymers Ltd

BLS Polymers Limited (the Issuer or the Company) was incorporated under the Companies Act, 1956 as a public limited company pursuant to a certificate of incorporation dated January 16, 1991 issued by the Registrar of Companies, Delhi and Haryana at New Delhi. Further, a certificate for commencement of business dated April 23, 1991 was issued to our Company by the Additional Registrar of Companies, Delhi and Haryana at New Delhi under Section 149(3) of the Companies Act, 1956.

Polymer compounding in India represents a crucial segment of the polymer industry, serving as a vital link between raw polymer manufacturers and end-product manufacturers. The Indian polymer compounding market has experienced consistent growth over the past few years, driven by increasing demand across various end-use industries. The market expanded from USD 5,967 million in 2019 to USD 8,330 million in 2023. This growth was fueled by rapid industrialization, rising demand from the automotive, construction and infrastructure, packaging, telecommunications, electrical & electronics, wires & cables, and an increasing shift toward lightweight and high-performance polymer materials. The market is expected to grow at a CAGR of 8.2% from 2024 to 2029, reaching a value of USD 13,415 million.

We are a manufacturer of multiple grades of custom formulated polymer compounds, catering to diversified critical industries such as telecommunication, power, railways, water, oil and gas distribution, among others. Polymer compounds are used as an essential raw material for sheathing, jacketing and insulation of wires and cables used in power, telecommunication and railway industries as well as coating of underground oil, gas and water pipelines, in order to provide a protective infrastructure from corrosion and external environmental factors. Our product portfolio is well diversified to offer varied solutions in the wire and cables and infrastructure industry.

BLS Polymers Ltd Key Points

Strengths

Enlisted with prominent government agencies with pre-approved product portfolio

Diversified industry applications and differentiated product portfolio

Long-standing relationships with our customers

PAN-India market presence

Integrated product development capabilities.

Risk

During the Fiscals 2025, 2024 and 2023, the company derived 81.59%, 80.49% and 94.32% of its revenue from the sale of wire and cable polymer compounds. Any loss of sales due to reduction in demand for such products would have a material adverse effect on its business, financial condition, results of operations and cash flows.

The company's business largely depends upon its top 10 customers which contributed 64.44%, 50.52% and 51.02% in the Fiscals 2025, 2024 and 2023. The loss of any of these customers could have a material adverse effect on the company's business, financial condition, results of operations and cash flows.

The company does not have firm commitment agreements with its customers. If the company's customers choose not to source their requirements from the company, there may be a material adverse effect on its business, financial condition, cash flows and results of operations.

Strategy

Introducing fresh production capacities in our existing Manufacturing Facility and broadening our global footprint

Continue to develop new product categories, catering to wider end-applications

Expansion through deeper penetration in existing international markets and strategic entry into new global geographies.

Increase in business from existing domestic customers

How To Apply for BLS Polymers Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the BLS Polymers Ltd IPO?

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BLS Polymers Ltd's IPO offers shares for up to 0 It begins on Oct 27, 2026 and ends on Oct 29, 2026.

What is the price of the BLS Polymers Ltd IPO?

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The price of BLS Polymers Ltd IPO ranges between ₹142 to ₹150 per share.

What are the open and close dates for the BLS Polymers Ltd IPO?

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The BLS Polymers Ltd IPO opens on Oct 27, 2026 and closes on Oct 29, 2026.

When will the BLS Polymers Ltd IPO be allotted?

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The allotment for the BLS Polymers Ltd IPO will be finalised on Oct 30, 2026. The shares will be listed on BSE and NSE on Nov 3, 2026.

What is the minimum lot size required for BLS Polymers Ltd IPO?

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The minimum lot size for BLS Polymers Ltd IPO is 100 shares, priced between ₹142 to ₹150 per share.

What is the GMP of BLS Polymers Ltd IPO?

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The GMP (Grey Market Premium) of BLS Polymers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of BLS Polymers Ltd IPO?

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To check the allotment status of BLS Polymers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the BLS Polymers Ltd IPO getting listed?

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The BLS Polymers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 27, 2026, and closes on Oct 29, 2026. The allotment is finalised on Oct 30, 2026.

How do you apply for the BLS Polymers Ltd IPO?

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To apply for the BLS Polymers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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