BLS Polymers Limited, a specialist manufacturer of polymer compounds in India, plans to raise ₹255 Cr through an IPO.
[Fresh Issue ₹255 Cr + OFS NIL]
Bls polymers ipo price: ₹142–₹150 per share
BLS Polymers: History
The Company was incorporated under the Companies Act, 1956 as a public limited company on January 16, 1991.
A certificate for commencement of business was issued to the Company by the Additional RoC, Delhi and Haryana under the Companies Act, 1956, on April 23, 1991.
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BLS Polymers: Business
BLS Polymers Limited manufactures multiple grades of custom-formulated polymer compounds, serving diversified critical industries.
It is part of the BLS Group, a prestigious business group with more than 3 decades of operating history in India and across geographies.
The Company has a well-diversified product portfolio that offers varied solutions in the wire & cables and infrastructure industry, such as –
- High Density Polyethylene Compounds (HDPE),
- Medium-Density Polyethylene Compounds (MDPE)
- Linear Low-Density Polyethylene Compounds (LLDPE),
- Cross-Linked Polyethylene Compounds (XLPE),
- Halogen-Free Flame Retardant Compounds (HFFR),
- Polyvinyl Chloride Compounds (PVC),
- Cable Filling Compounds (CFC) and
- Adhesive Coating Compounds.
The Company’s products are integral to high-performance applications in critical industries, such as power, telecommunication, railways, water, oil and gas distribution, among others.
In the last three fiscal years, the company catered to more than 290 clients (of which 89% were repeat clients) and exports its products to countries including Bangladesh, Saudi Arabia, Egypt, the USA, the UAE, and Zambia.
Manufacturing Facility
Its manufacturing facility is located at Goa which is spread across an aggregate parcel of land admeasuring about 24,220 sq. mt.
Strategies Ahead
Introduce fresh production capacity in the existing Manufacturing Facility and broaden the global footprint.
Develop new product categories catering to wider end-applications.
Expansion through deeper penetration in existing international markets and strategic entry into new global geographies.
Increase in business from existing domestic customers.
Company Promoters
- Vinod Aggarwal,
- Sushil Aggarwal,
- Madhukar Aggarwal,
- Diwakar Aggarwal,
- Karan Aggarwal.
Refer to Bls polymers ipo drhp for further information.
IPO Details
ipo date: 27 Oct – 29 Oct 2026
Minimum Amount: ₹15,000
Minimum Bid: 100 Shares
Face Value: INR 10 per share
Listing On: NSE, BSE
Objects of the IPO
Financing the capital expenditure requirement towards expansion of the existing manufacturing facility at Goa.
Funding working capital requirements of the company.
General corporate purposes.
Financial
Book Running Lead Manager
Unistone Capital
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the BLS Polymers Limited IPO.
Do come back to learn more about “upcoming IPOs”.
IPO FAQ’s
What is BLS Polymers Limited IPO?
The BLS Polymers IPO is a mainboard book-built issue of 1,70,00,000 equity shares.
Kfin Technologies Limited is the registrar for the IPO.
What is Bls polymers ipo price?
The issue is priced at ₹142 to ₹150. The minimum order quantity is 100.
What is Bls polymers ipo size?
The IPO size is ₹255 Crores.
How do I purchase an ipo?
One can purchase (apply) in the SFC Environmental Technologies IPO online using either UPI or ASBA as a payment method.
ASBA IPO application is available in the net banking of your bank account.
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While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.