Friday, May 17, 2024

BLS-E Services IPO Date, Review, Price, Allotment Details

BLS-E Services Limited is a technology-enabled virtual provider supplier, offering (i) Business Correspondent amenities to main banks in India, (ii) Assisted E-services; and (iii) E-Governance Services at grassroots ranges in India. They supply get admission to issues for the supply of very important public software amenities, social welfare schemes, healthcare, monetary, instructional, agricultural, and banking amenities for governments (G2C) and companies (B2B) alike along with a bunch of B2C amenities to electorate in city, semi-urban, rural and far off spaces.

Presently, Their traders are arranged into two classes i.e. BLS Touchpoints and BLS Stores. All traders registered with the corporate are handled as BLS Touchpoints and they’ve get admission to to provide more than one amenities being prolonged via us. BLS Stores are BLS branded shops that supply their complete suite of choices to the patrons together with the supply of choose items on a pattern foundation provided via e-commerce avid gamers which will also be ordered and procured via their customers after having a marginally and really feel enjoy of such items. As of September 30, 2023, they’ve 98,034 BLS Touchpoints, which incorporates 1,016 BLS Stores.

Through their tech-enabled built-in industry style, they supply virtual and bodily services within the G2C, B2C, and B2B classes in semi-urban, rural, and far off spaces the place penetration of the web is low and electorate need help in availing elementary technology-enabled amenities. They prepare their industry alongside 3 number one industry segments, (i) Business Correspondents Services; (ii) Assisted E-services; and (iii) E-Governance Services. A key stakeholder in each and every in their industry segments are traders, with whom we collaborate for the supply in their services to the electorate.

- Advertisement -

Objects of the Issue

  • Strengthening the know-how infrastructure to broaden new functions and consolidating the prevailing platforms;
  • Funding tasks for natural enlargement via putting in place of BLS Stores;
  • Achieving inorganic enlargement thru acquisitions; and
  • General Corporate Purposes

BLS-E Services IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

BLS-E Services IPO Date & Price Band Details

IPO Open: January 30, 2024
IPO Close: February 1, 2024
IPO Size: Approx ₹310.91 Crores
Fresh Issue: Approx ₹310.91 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹129 to ₹135 Per Share
IPO Listing on: BSE & NSE
Retail Quota: 10%
QIB Quota: 75%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

BLS-E Services IPO Market Lot

The BLS-E Services IPO minimal marketplace lot is 108 stocks with ₹14,580 software quantity. The retail traders can follow up-to 13 quite a bit with 1,404 stocks or ₹189,540 quantity.

- Advertisement -
Application Lot Size Shares Amount
Retail Minimum 1 108 ₹14,580
Retail Maximum 13 1,404 ₹189,540
S-HNI Minimum 14 1,512 ₹204,120
B-HNI Minimum 69 7,452 ₹1,006,020

BLS-E Services IPO Allotment & Listing Dates

The BLS-E Services IPO date is January 30 and the shut date is February 1. The BLS-E Services IPO allotment can be finalized on February 2 and the IPO list on February 6.

Anchor Investors Allotment: January 29, 2024
IPO Open Date: January 30, 2024
IPO Close Date: February 1, 2024
Basis of Allotment: February 2, 2024
Refunds: February 5, 2024
Credit to Demat Account: February 5, 2024
IPO Listing Date: February 6, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

BLS-E Services IPO Form

How to use for the BLS-E Services IPO? You can follow for BLS-E Services IPO by way of ASBA to be had on your checking account. Just cross to the net financial institution login and follow by way of your checking account via deciding on the BLS-E Services IPO within the Invest phase. The different choice is you’ll be able to follow for BLS-E Services IPO by way of IPO paperwork downloaded by way of NSE and BSE. Check out the BLS-E Services paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and put up on your financial institution or along with your dealer.

- Advertisement -

BLS-E Services Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹65.23 ₹61.31 ₹3.15
2022 ₹98.40 ₹91.62 ₹5.38
2023 ₹246.29 ₹216.71 ₹20.33
Sep 2023 ₹158.05 ₹137.27 ₹14.68

BLS-E Services IPO Valuation – FY2023

Check BLS-E Services IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹3.02 in line with Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 16.46%
Net Asset Value (NAV): ₹18.76 in line with Equity Share

Peer Group

  • BLS International Services Limited

BLS-E Services IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

BLS-E Services IPO Allotment Status Check

Check BLS-E Services IPO allotment standing on KFintech web page allotment URL. Click Here

BLS-E Services IPO Lead Managers aka Merchant Bankers

Company Address

BLS E-Services Limited
G-4B-1, Extension, Mohan Co-operative
Indl. Estate Mathura Road,
South Delhi, New Delhi – 110044, India
Phone: +91-11- 45795002
Email: [email protected]
Website: https://www.blseservices.com/

BLS-E Services IPO FAQs

What is BLS-E Services IPO?

BLS-E Services IPO is a main-board IPO. They are going to lift ₹310.91Crores by way of IPO. The factor is priced at ₹129 to ₹135 pr fairness proportion. The IPO is to be indexed on BSE & NSE.

When BLS-E Services IPO will open?

The IPO is to open on January 30, 2024 for QIB, NII, and Retail Investors.

What is BLS-E Services IPO Investors Portion?

The traders’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the BLS-E Services IPO?

You can follow for BLS-E Services IPO by way of ASBA on-line by way of your checking account. You too can follow for ASBA on-line by way of UPI thru your inventory agents. You too can follow by way of your inventory agents via filling up the offline shape.

How to Apply the BLS-E Services IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “BLS-E Services”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the BLS-E Services IPO thru Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “BLS-E Services”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the BLS-E Services IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “BLS-E Services”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is BLS-E Services IPO Size?

BLS-E Services IPO measurement is ₹310.91 crores.

What is BLS-E Services IPO Price Band?

BLS-E Services IPO Price Band is ₹129 to ₹135.

What is the BLS-E Services IPO Allotment Date?

BLS-E Services IPO allotment date is February 2, 2024.

What is the BLS-E Services IPO Listing Date?

BLS-E Services IPO list date is February 6, 2024. The IPO is to record on BSE and NSE.

Note: The BLS-E Services IPO worth band and date are formally introduced. The IPO gray marketplace top class (BLS-E Services IPO Premium) can be added to the IPO gray marketplace web page as it’ll get started).



– Source : IPOWATCH

More articles

- Advertisement -
- Advertisement -

Latest article