BLS E-Services Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
BLS-E Services Limited, formed in April 2016, is a digital services company that provides business correspondent services for major Indian banks, assisted e-services, and e-governance solutions focused on reaching remote and underserved communities. As a subsidiary of BLS International Services Limited, it also supports visa, passport, consular, and other citizen services across several global regions, making it the only listed Indian company operating in this field. The company’s merchant network grew to 92,427 by March 31, 2023, and its revenue has steadily increased from ₹6,448.72 lakhs in FY21 to ₹24,306.07 lakhs in FY23. With a workforce of 3,071 employees, including 2,413 contract staff as of June 30, 2023, BLS-E Services continues to expand its presence and deliver essential digital and financial services.
Price Band
₹129 – ₹135
Issue Size
₹311 Cr
Lot Size
108 shares
GMP
₹155
+114.8%
Est. Listing
₹290
at current GMP
Subscribed
162.40x
overall
Open
30 Jan 2024
Close
1 Feb 2024
Allotment
3 Feb 2024
Refund
4 Feb 2024
Demat Credit
5 Feb 2024
Listing
6 Feb 2024
Last updated 12 days ago
Official Registrar Verification
BLS E-Services Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
3 Feb 2024
Basis finalization
Refunds Initiate
4 Feb 2024
Mandate release
Demat Credit
5 Feb 2024
Shares in demat
Listing Debut
6 Feb 2024
Trading begins
How to Check BLS E-Services Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select BLS E-Services Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About BLS E-Services Limited Public Issue & Market Profile
BLS E-Services Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹310.91 Crores. The shares are offered at a price band of ₹129 to ₹135 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 108 shares (approx. ₹14,580 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-05, while un-allotted funds or UPI block mandates will be released on 2024-02-04.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.