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BLS E-Services Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹135
Issue Price
₹135
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹135
GMP based
Lot Size
108
shares / lot
Min Amount
₹14,580
1 lot · 108 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
30 Jan 2024
Tue Completed
Done
Close Date
01 Feb 2024
Thu Completed
Done
Allotment
02 Feb 2024
Fri Completed
Done
Refund
05 Feb 2024
Mon Completed
Done
Demat Credit
05 Feb 2024
Mon Completed
Done
Listing Date
06 Feb 2024
Tue Completed
UPI Deadline: 01 Feb 2024
Issue Details
Pricing & Size
Issue Price
₹135 Face ₹10
Lot Size
108 shares
Min Investment
₹14,580
Total Issue Size
2,30,30,000 shares (aggregating up to ₹309.29 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,55,45,250 (67.50%)
NII / HNI
31,09,050 (13.50%)
Retail
20,72,700 (9.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
6,67,26,485 shares
Post-Issue Shareholding
8,97,56,485 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 108 14,580
HNI / NII 69 7,452 10,06,020
Objects of Issue
4 objectives
1
Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms;
2
Funding initiatives for organic growth by setting up of BLS Stores;
3
Achieving inorganic growth through acquisitions; and
4
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
IPO Timeline
Open
30 Jan
✓ Done
Close
01 Feb
✓ Done
Allotment
02 Feb
✓ Done
Listing
06 Feb
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
mb@unistonecapital.com
Company Contact
Email
cs@blseservices.com
Phone
+91-11- 45795002
Address
G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road, South Delhi, New Delhi – 110044, India South Delhi, New Delhi
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹135
Est. Listing
₹135
Lot Size
108 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
BLS E-Services Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹135
GMP
+₹0 (+0%)
GMP Est. Listing
₹135
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,55,45,250 (67.50%) ₹20,986.09 Cr
NII / HNI (Total) 31,09,050 (13.50%) ₹4,197.22 Cr
Retail Investors 20,72,700 (9.00%) ₹279.81 Cr
Total ** 2,30,30,000 (100.00%) ₹310,905.00 Cr
* Based on ₹135.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,55,45,250 (67.50%)
NII
31,09,050 (13.50%)
Retail
20,72,700 (9.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Sep 202331 Mar 202331 Mar 2022
Revenue158.05246.2998.40
PAT14.6820.335.38
EBITDA
Net Worth120.37106.9415.07
Total Assets213.77179.4755.93
Reserves
Borrowings0.000.008.76
Key Financial Ratios
33.33%
ROE
Return on Equity
30.62%
ROCE
Return on Capital Employed
16.46%
RONW
Return on Net Worth
0.05
D/E Ratio
Debt to Equity
7.20
P/BV
Price to Book Value
3.05
Pre EPS
EPS Pre-Issue
2.24
Post EPS
EPS Post-Issue
44.31
Pre P/E
P/E Pre-Issue
60.33
Post P/E
P/E Post-Issue
About BLS E-Services Ltd.

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

The company's service offerings can be categorized into three parts (i) Business Correspondents Services; (ii) Assisted E-services; and (iii) E-Governance Services.

The company being a subsidiary of BLS International Services Limited provides visa, passport, consular, and other citizen services to state and provincial governments across Asia, Africa, Europe, South America, North America, and the Middle East through its technology-enabled platform. It is the only listed company engaged in this domain in India.

By 31st March 2023, the merchant network had grown to 92,427 in order to serve the underserved and unserved populations in hard-to-reach areas.

The revenue from operations in Fiscal years 2021, 2022 and 2023 were ₹6,448.72 lakhs, ₹9,669.82 lakhs and ₹24,306.07 lakhs, respectively.

As of June 30, 2023, the company has a total of 3,071 employees, including 2,413 contract employees.

Frequently Asked Questions
What is the issue price of BLS E-Services Ltd. IPO?
The issue price of BLS E-Services Ltd. IPO is ₹135 per share, face value ₹10.
What is the lot size?
Minimum lot size is 108 shares, requiring ₹14,580.
What are the IPO dates?
Opens 30 Jan 2024, closes 01 Feb 2024.
When is the listing date?
Tentative listing: 06 Feb 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹135 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

BLS E-Services Ltd. IPO · Expected 02 Feb 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
02 Feb 2024
Refund Initiation
05 Feb 2024
Demat Credit
05 Feb 2024
Listing Date
06 Feb 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹135
Face ₹10
Lot Size
108
shares / lot
Min Amount
₹14,580
1 lot
Est. Listing
₹135
GMP +₹0
Key Dates
Open
30 Jan Done
Close
01 Feb Done
Listing
06 Feb Done
Registrar
Kfin Technologies Ltd.
A
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