The BLS E Services IPO commenced on January 29, 2024, and concluded on February 1, 2024. The allotment of shares took place on February 2, 2024, and the initiation of refunds began on February 5, 2024. The shares were credited to the demat accounts of investors on February 5, 2024. Finally, the listing of BLS E Services on the stock exchange occurred on February 6, 2024.
The BLS E Services IPO was priced at ₹129 to ₹135 per share, with a lot size of 108 shares. The total issue size was ₹310.91 crores, comprising a fresh issue of ₹310.91 crores. The IPO was listed on both the NSE and BSE.
BLS E Services IPO Basic Details
| Company Name | BLS E Services Limited |
| Domain of Company | Digital Service Provider |
| BLS E Services IPO GMP Today | ₹159 |
| BLS E Services IPO Listing Gain | 117.78% |
| BLS E Services IPO Open Date | January 29, 2024 |
| BLS E Services IPO Close Date | February 1, 2024 |
| BLS E Services IPO Allotment Date | February 2, 2024 |
| BLS E Services IPO Listing Date | February 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹129 to ₹135 per share |
| Lot Size | 108 Shares |
| Issue Size | 23,030,000 shares of ₹10 (aggregating up to ₹310.91 Cr) |
| Fresh Issue | 23,030,000 shares of ₹10 (aggregating up to ₹310.91 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | BLS International Services Limited |
BLS E Services IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹159 | 117.78% | – | – |
| 2 February 2023 | ₹159 | 117.78% | – | – |
| 1 February 2023 | ₹159 | 117.78% | – | – |
| 31 January 2023 | ₹159 | 117.78% | – | – |
| 30 January 2023 | ₹159 | 117.78% | – | – |
BLS E Services IPO Details:
Established in April 2016, BLS-E Services Limited is a digital service provider specializing in Business Correspondence services for major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level.
The company’s services fall into three main categories: (i) Business Correspondents Services; (ii) Assisted E-services; and (iii) E-Governance Services.
As a subsidiary of BLS International Services Limited, the company extends its technology-enabled platform to provide visa, passport, consular, and other citizen services to state and provincial governments across Asia, Africa, Europe, South America, North America, and the Middle East. It stands out as the sole listed company in India engaged in this domain.
As of March 31, 2023, the company’s merchant network has expanded to 92,427, aiming to cater to underserved populations in remote areas.
Revenue from operations for the fiscal years 2021, 2022, and 2023 reached ₹6,448.72 lakhs, ₹9,669.82 lakhs, and ₹24,306.07 lakhs, respectively.
By June 30, 2023, the company boasts a total of 3,071 employees, including 2,413 contract employees.
BLS E Services IPO More Details Click Here
BLS E Services IPO FAQs
When is BLS E Services IPO open?
BLS E Services IPO will open on 29 January 2024.
When is BLS E Services IPO Close?
BLS E Services IPO will be closed on 1 February 2024.
What is BLS E Services IPO GMP Today?
The BLS E Services IPO GMP aka Grey Market Premium is ₹159.
What is BLS E Services IPO Kostak Rates Today?
The BLS E Services IPO Kostak Rate is ₹000.
What is BLS E Services IPO Subject to Sauda Price Today?
The BLS E Services IPO subject to sauda rates is ₹000.
BLS E Services IPO Expected Returns?
The BLS E Services expected return is 117.78%.
How much will be the listing gain in BLS E Services IPO?
BLS E Services IPO will get listing gain of 117.78%. (Approx.)
