
Materials · NSE / BSE
BLS Polymers is a leading company that manufactures specially designed polymer compounds used in important sectors like telecom, power, railways, water systems, and oil & gas. Its product range includes materials like HDPE, MDPE, LLDPE, XLPE, HFFR compounds, PVC, cable filling compounds, and adhesive coating compounds. The company has built a strong presence across 24 states and union territories in India and served 113 repeat customers along with 53 new customers in FY2025. It also sells its products in international markets such as Bangladesh, Egypt, UAE, USA, and Saudi Arabia, with most of its revenue (over 91%) coming from domestic sales and the remaining from exports.
Price Band
₹142 – ₹150
Issue Size
₹255 Cr
Lot Size
100 shares
GMP
+52.0%
Est. Listing
₹228
at current GMP
Subscribed
241.22x
overall
Open
27 Oct 2026
Close
29 Oct 2026
Allotment
30 Oct 2026
Refund
31 Oct 2026
Demat Credit
1 Nov 2026
Listing
3 Nov 2026
Overall Subscription
241.22x
Total Demand
QIB Multiplier
200.25x
Institutions & Funds
NII / HNI
559.20x
High Net-Worth
Retail (RII)
128.36x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,400,000 | 680,857,700 | 200.25x |
| NIB | 2,550,000 | 1,425,969,900 | 559.20x |
| HNIs(10L +) | 1,700,000 | 1,007,815,300 | 592.83x |
| HNIs (2-10L) | 850,000 | 418,154,600 | 491.95x |
| RETAIL | 5,950,000 | 763,731,100 | 128.36x |
| Total | 14,450,000 | 4,296,528,600 | 241.22x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 59,500 | 5,723,392 | 96.19x |
| HNIs(10L +) | 1,214 | 146,685 | 120.83x |
| HNIs (2-10L) | 607 | 281,018 | 462.96x |
| Total Applications | 61,321 | 6,151,095 | 100.31x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
BLS Polymers Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹255 Crores. The shares are offered at a price band of ₹142 to ₹150 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-29, the basis of allotment is scheduled to be finalized on 2026-10-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for BLS Polymers Limited IPO is ₹78 per equity share. Based on the upper price band of ₹142 to ₹150 per equity share, the estimated listing price is ₹228 (+52.0% expected listing gain).
With a lot size of 100 shares and current GMP of ₹78, the expected profit per application lot is approx ₹7,800 (+52.0% gain). Minimum application cost is approx ₹15,000.
The BLS Polymers Limited IPO aggregate issue size is ₹255 Crores with an equity price band set at ₹142 to ₹150 per equity share. The retail lot size is 100 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 241.22x (Retail: 128.36x, QIB: 200.25x, NII: 559.20x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-10-30. Investors can verify status using PAN card or application number.
BLS Polymers Limited shares are scheduled to list on NSE and BSE on 2026-11-03.