GMP IPO Watch
BLS Polymers IPO
BLS Polymers IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
BLS Polymers IPO Details
Key facts at a glance| IPO Open Date | 26 October 2026 | IPO Close Date | 28 October 2026 |
|---|---|---|---|
| Basis of Allotment | 29 October 2026 | Listing Date | 2 November 2026 |
| Price Band | ₹142 - ₹150 per share | Face Value | ₹10 per share |
| Market Lot Size | 100 Shares | Min Investment (Retail) | ₹15,000 |
| Total Issue Size | ₹255 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹255 Cr | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | Kfin Technologies Ltd. | ||
BLS Polymers IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 26 October 2026 | Confirmed |
| IPO Close Date | 28 October 2026 | Confirmed |
| Basis of Allotment | 29 October 2026 | Tentative |
| Initiation of Refunds | 2 November 2026 | Tentative |
| Credit of Shares to Demat | 2 November 2026 | Tentative |
| IPO Listing Date | 2 November 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 29 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
BLS Polymers IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 100 Shares | ₹15,000 |
| Retail (Max) | 13 Lots | 1,300 Shares | ₹1,95,000 |
| S-HNI (Min) | 14 Lots | 1,400 Shares | ₹2,10,000 |
| S-HNI (Max) | 66 Lots | 6,600 Shares | ₹9,90,000 |
| B-HNI (Min) | 67 Lots | 6,700 Shares | ₹10,05,000 |
BLS Polymers IPO Live GMP & Movement History
Daily unofficial grey market trends₹70 +46.7%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Nov 2026 | ₹70 | ₹220.00 | +46.67% |
| 1 Nov 2026 | ₹70 | ₹220.00 | +46.67% |
| 30 Oct 2026 | ₹68 | ₹218.00 | +45.33% |
| 29 Oct 2026 | ₹57 | ₹207.00 | +38.00% |
| 28 Oct 2026 | ₹44 | ₹194.00 | +29.33% |
| 27 Oct 2026 | ₹40 | ₹190.00 | +26.67% |
| 26 Oct 2026 | ₹38 | ₹188.00 | +25.33% |
| 25 Oct 2026 | ₹35 | ₹185.00 | +23.33% |
| 24 Oct 2026 | ₹38 | ₹188.00 | +25.33% |
| 23 Oct 2026 | ₹38 | ₹188.00 | +25.33% |
| 22 Oct 2026 | ₹29 | ₹179.00 | +19.33% |
| 21 Oct 2026 | ₹30 | ₹180.00 | +20.00% |
| 20 Oct 2026 | ₹0 | ₹150.00 | 0.00% |
BLS Polymers IPO Subscription Status
Demand breakdown by investor categoryBLS Polymers Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 168.49 Cr. | 301.50 Cr. | 291.81 Cr. | 7.52 Cr. |
| 2025 | 179.14 Cr. | 336.70 Cr. | 308.43 Cr. | 21.14 Cr. |
| 2026 | 206.13 Cr. | 354.41 Cr. | 318.43 Cr. | 27.01 Cr. |
| June 2026 | 231.34 Cr. | 107.81 Cr. | 94.13 Cr. | 10.23 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
BLS Polymers IPO Valuation & KPIs
Key metrics pre-issueBLS Polymers Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Kingfa Science & Technology (India) | 46.25 | 144.10 | 13.24% | 1,155.40 | -Cr. |
| DDev Plastiks Industries Limited | 12.97 | 19.50 | 19.92% | 97.93 | – Cr. |
| Plastiblends India Limited | 14.53 | 14.12 | 8.17% | 172.78 | – Cr. |
About BLS Polymers
BLS Polymers manufactures custom-formulated polymer compounds utilized for sheathing, jacketing, and insulation of wires and cables across the telecommunications, power, and railway industries, alongside protective coatings for underground oil, gas, and water pipelines. The company generates revenue through core manufacturing operations and trading activities involving primary raw materials. Its principal product portfolio encompasses various grades of wire and cable compounds, high-density polyethylene, linear low-density polyethylene resins, polyethylene pipe coatings, and adhesives for three-layer polyethylene applications. Operating from a single manufacturing facility located in Goa, BLS Polymers caters to domestic clients while also exporting to international markets, including Saudi Arabia and Bangladesh. The company’s products are enlisted with prominent government agencies, public sector enterprises, and the Government of Gujarat, serving critical infrastructure sectors and addressing specific, precise requirements in terms of high quality, composition, and tolerances.
BLS Polymers IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 27 Oct 2026 |
| IPO Close Date | 29 Oct 2026 |
| Basis of Allotment | 30 Oct 2026 |
| Refunds | 02 Nov 2026 |
| Credit to Demat Account | 02 Nov 2026 |
| IPO Listing Date | 03 Nov 2026 |
Note: The timeline for BLS Polymers IPO is tentative and subject to change.
BLS Polymers Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Financing capital expenditure for expanding manufacturing facility capacity | 77.56 (30.42%) |
| Funding working capital requirements | 89.5 (35.10%) |
| General corporate purposes | 87.94 (34.48%) |
Note: Objectives are as specified in the DRHP/RHP documents of BLS Polymers.
BLS Polymers Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 301.50 Cr. | 291.81 Cr. | 7.52 Cr. | 168.49 Cr. |
| 2025 | 336.70 Cr. | 308.43 Cr. | 21.14 Cr. | 179.14 Cr. |
| 2026 | 354.41 Cr. | 318.43 Cr. | 27.01 Cr. | 206.13 Cr. |
| June 2026 | 107.81 Cr. | 94.13 Cr. | 10.23 Cr. | 231.34 Cr. |
Note: Financial numbers for BLS Polymers are in ₹ Crores unless stated otherwise.
BLS Polymers Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 33.17% |
| ROCE | 29.51% |
| EBITDA Margin | 13.33% |
| PAT Margin | 7.73% |
| Debt to Equity Ratio | 0.56 |
| Earning Per Share (EPS) | 5.99 (Basic) |
| Price/Earning P/E Ratio | 31.98 |
| Return on Net Worth (RoNW) | 28.45% |
| Net Asset Value (NAV) | 21.08 |
Note: Valuation KPIs for BLS Polymers are computed for FY2026.
BLS Polymers Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Kingfa Science & Technology (India) | 144.10 | 46.25 | 13.24% | 1,155.40 | -Cr. |
| DDev Plastiks Industries Limited | 19.50 | 12.97 | 19.92% | 97.93 | – Cr. |
| Plastiblends India Limited | 14.12 | 14.53 | 8.17% | 172.78 | – Cr. |
Note: Peer group comparisons for BLS Polymers are sourced from DRHP filings.
BLS Polymers IPO FAQs
BLS Polymers IPO opens for subscription on 26 October 2026 and closes on 28 October 2026.
The price band for BLS Polymers IPO is set at ₹142.00 to ₹150.00 per share.
The minimum market lot size is 100 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 100 Shares (₹15,000).
The latest Grey Market Premium (GMP) for BLS Polymers IPO is ₹70. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for BLS Polymers IPO is tentatively scheduled for 29 October 2026, and shares are expected to list on the stock exchanges on 2 November 2026.
Kfin Technologies Ltd. is the official registrar for BLS Polymers IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.