BLS E- Services Limited IPO
BLS E- Services Limited was a mainboard IPO in the IT Enabled Services sector, offered at ₹64.5–₹67.5 per share to raise ₹311 crore. The issue was subscribed 162.47× overall (QIBs 123.3×, NIIs 300.14×, retail 237×). It listed on 6 Feb 2024 at ₹152 and closed its first day at ₹183, a listing gain of +171.1% versus the ₹67.5 issue price. It now trades around ₹147 (+117.6% versus the issue price).
Frequently asked questions
- How many times was the BLS E- Services Limited IPO subscribed?
- The BLS E- Services Limited IPO was subscribed 162.47× overall — 123.3× in the QIB category, 300.14× among non-institutional investors, 237× in retail.
- What were the BLS E- Services Limited IPO listing gains?
- BLS E- Services Limited listed on 6 Feb 2024 at ₹152, closing its first day at ₹183 — a listing gain of +171.1% versus the ₹67.5 issue price.
- What were the retail allotment odds for the BLS E- Services Limited IPO?
- Retail was subscribed 237×, so a single-lot application had roughly a 0.4% chance of allotment (about 1 in 237), and allotment was finalised on 2 Feb 2024.
- What was the price band and lot size of the BLS E- Services Limited IPO?
- The price band was ₹64.5–₹67.5 per share, with a minimum lot of 108 shares (₹7,290 at the upper band).
- Who were the registrar and lead manager for the BLS E- Services Limited IPO?
- KFin Technologies Limited was the registrar, and Unistone Capital was the book-running lead manager.