BLS E-Services Limited IPO

BLS E-Services Limited IPO bidding starts from January 30, 2024 and ends on February 1, 2024. The allotment for the BLS E-Services Limited IPO is expected to be finalized on February 2, 2024. BLS E-Services Limited IPO will list on BSE, NSE with tentative listing date fixed as February 6, 2024. BLS E-Services Limited IPO price band is set at ₹129 to ₹135 per share. The minimum lot size for an application is 108 Shares. The minimum amount of investment required by retail investors is ₹14,580.

Important Dates:-

ParticularsValue
Open Date:-January 30, 2024
Close Date:-February 1, 2024
Allotment Date:-February 2, 2024
Listing Date:-February 6, 2024

About BLS E-Services Limited :-

Established in April 2016, BLS-E Services Limited is a digital service provider catering to major banks in India, delivering Business Correspondence services, Assisted E-Services, and E-Governance Services at the grassroots level.

The company's services are organized into three main categories: Business Correspondents Services, Assisted E-services, and E-Governance Services. As a subsidiary of BLS International Services Limited, it extends visa, passport, consular, and citizen services to state and provincial governments across Asia, Africa, Europe, South America, North America, and the Middle East through its technology-enabled platform. Notably, it stands as the sole listed company engaged in this domain in India.

As of March 31, 2023, the merchant network has expanded to 92,427, strategically reaching underserved populations in hard-to-reach areas.

The revenue from operations witnessed substantial growth in Fiscal years 2021, 2022, and 2023, amounting to ₹6,448.72 lakhs, ₹9,669.82 lakhs, and ₹24,306.07 lakhs, respectively.

As of June 30, 2023, the company's workforce comprises a total of 3,071 employees, including 2,413 contract employees.

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

E-mail:- cs@blseservices.com

Website:- https://www.blseservices.com/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹129 to ₹135
Lot Size:-108
Minimum Amount for 1 Lot:-14,580
Listing At:-BSE, NSE
Total issue of Shares:-2,30,30,000
Total issue Size:-310.91 Crore
Fresh issue of Shares:-2,30,30,000
Fresh issue Size:-310.91 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets213.77179.47 55.9340.59
Revenue158.05246.2998.4065.23
Profit After Tax14.6820.335.383.15
Net Worth120.37106.9415.079.68
Reserves and Surplus
Total Borrowing0.000.008.7611.02

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-1,226
ROE:-33.33%
ROCE:-30.62%
Debt/Equity:-0.05
RoNW:-16.46%

IPO Prospectus :-

ParticularsLink
BLS E-Services Limited IPO DHRP:-Click Here
BLS E-Services Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
30-01-2024161296119.26%
31-01-2024 174309128.89%
01-02-2024175310129.63%
02-02-2024175310129.63%
03-02-2024 159294117.78%
04-02-2024 159294117.78%
05-02-2024 155290114.81%
06-02-2024155290114.81%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
January 30, 20242.1929.9250.7229.9229.9215.93
January 31, 20242.6894.36127.0594.3694.3643.09
February 1, 2024123.30300.05236.53300.05300.05162.38

Listing Details :-

ParticularsValue
Listing Date:-February 6, 2024
BSE Script Code:-544107
NSE Symbol :-BLSE
ISIN:-INE0NLT01010
Final Issue Price:-135.00
Open:-305.00
Low:-303.10
High:-366.00
Close:-366.00

BLS E-Services Limited IPO FAQ :-

What is the opening date for BLS E-Services Limited IPO?

The BLS E-Services Limited IPO opens on January 30, 2024.

What is the closing date for BLS E-Services Limited IPO?

The BLS E-Services Limited IPO closes on February 1, 2024.

When will the shares be allotted for BLS E-Services Limited IPO?

Shares of BLS E-Services Limited IPO will be allotted on February 2, 2024.

What is the listing date for BLS E-Services Limited IPO?

The listing date for BLS E-Services Limited IPO is February 6, 2024.

What is the price/ price range for BLS E-Services Limited IPO?

The price/ price range for BLS E-Services Limited IPO is ₹129 to ₹135.

What is the minimum lot size for the BLS E-Services Limited IPO?

The minimum lot size for BLS E-Services Limited IPO is 108 shares.

What is the minimum investment required for retail investors in the BLS E-Services Limited IPO?

The minimum investment required for retail investors in the BLS E-Services Limited IPO is ₹14,580.

What type of IPO is the BLS E-Services Limited IPO?

The type of BLS E-Services Limited IPO is Mainline.

What is the total issue size of the BLS E-Services Limited IPO?

The total issue size of BLS E-Services Limited IPO is ₹310.91 Crore.

How many shares are being offered in the BLS E-Services Limited IPO?

Total 2,30,30,000 shares are being offered in the BLS E-Services Limited IPO.

What is the face value of BLS E-Services Limited IPO share?

The face value of BLS E-Services Limited IPO share is ₹10.

What is the market capitalization of the BLS E-Services Limited IPO?

The market capitalization of the BLS E-Services Limited IPO is ₹1226.56 Crore.

Who is the registrar for the BLS E-Services Limited IPO?

The registrar for the BLS E-Services Limited IPO is .

Where can I check the IPO Allotment status for BLS E-Services Limited IPO?

You can check the IPO Allotment status for BLS E-Services Limited IPO at .

What is the email address and website of BLS E-Services Limited IPO?

The email address of BLS E-Services Limited IPO is cs@blseservices.com and website is https://www.blseservices.com/.

What is the BLS E-Services Limited IPO GMP (Grey Market Premium) as of 06-02-2024?

The latest GMP for BLS E-Services Limited IPO is ₹155 as of 06-02-2024.