The BLS Polymers IPO allotment status is expected to be finalized on Thursday, October 30, 2026. Investors who applied for this public offering can check their allotment status online through the websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and KFin Technologies. This article explains how to check the status and provides important details about the IPO, subscription levels, and listing date.
- The IPO raised ₹255 crore through a fresh issue of 1.7 crore equity shares.
- The price band was set between ₹142 and ₹150 per share, with each lot consisting of 100 shares.
- The IPO was subscribed 241.22 times overall, showing strong investor interest.
- Shares will be listed on NSE and BSE on Tuesday, November 3, 2026, at 10 am.
What is the BLS Polymers IPO?
BLS Polymers is a company that manufactures custom-formulated polymer compounds. These compounds are used in various industries such as power, railways, water, telecommunications, and oil and gas distribution. The company operates a manufacturing facility in Goa with an installed capacity of 35,251 metric tonnes per annum.
The ₹255 crore IPO consisted entirely of a fresh issue of 1.7 crore equity shares. The price band for the shares was between ₹142 and ₹150, and investors could apply in lots of 100 shares each. The funds raised will be used to expand manufacturing capacity, support working capital needs, and cover general corporate purposes.
How was the IPO subscribed?
The IPO witnessed strong demand from investors. It was subscribed 241.22 times overall, receiving bids for 2,87,05,58,600 shares worth ₹43,058.25 crore, compared to the 1,19,00,000 shares on offer.
Breaking down the subscription by investor category:
- Non-Institutional Investors (NIIs) subscribed 559.20 times.
- Qualified Institutional Buyers (QIBs) subscribed 200.25 times.
- Retail Individual Investors subscribed 128.36 times.
How to check the IPO allotment status online?
Investors can check their BLS Polymers IPO allotment status on the official websites of NSE, BSE, and KFin Technologies. To do this, they need to visit these websites and enter their application details such as PAN number or application number. The basis of allotment is expected to be finalized on the evening of October 30, 2026.
When will the shares be listed?
The shares of BLS Polymers Ltd will be listed on the NSE and BSE on Tuesday, November 3, 2026, at 10 am. Once listed, investors will be able to trade the shares on these stock exchanges.
What will the company do with the funds raised?
Out of the total funds raised, ₹77.56 crore will be used to expand the manufacturing unit and increase production capacity for certain existing products. Around ₹89.5 crore will be allocated for working capital needs, and the remaining funds will be used for general corporate purposes.
About BLS Polymers and the BLS Group
Established in 1991, BLS Polymers is part of the BLS Group. The group has diverse interests including education, polymers, visa and consular services, banking business correspondent services, textiles, and e-governance. BLS Polymers specializes in producing polymer compounds tailored to customer needs, serving multiple industrial sectors.
