BLS E-Services Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹129 - ₹135
- Lot size
- 108 shares
- Issue amount
- ₹310.91 cr
- Total subscription
- 162.4×
- Opens
- 30 Jan 2024
- Closes
- 1 Feb 2024
- Allotment
- 3 Feb 2024
- Listing
- 6 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 2,30,30,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹13,932
- Fresh issue
- ₹310.91 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,580
- Issue type
- Book Built Issue IPO
- Shares before issue
- 6,67,26,485
- Shares after issue
- 8,97,56,485
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 108 | ₹14,580 |
| sHNI | 14 | 1,512 | ₹2,04,120 |
| bHNI | 69 | 7,452 | ₹10,06,020 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 83.95 | 10,350.64 |
| RETAIL | 27.98 | 6,621.9 |
| HNIs 2+ | 13.99 | 4,051.88 |
| HNIs 10+ | 27.98 | 8,542.02 |
| Shareholder | 31.09 | 476.04 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 33.33 |
| ROCE | 30.62 |
| RONW | 16.46 |
| PRE IPO(PE) | 7.2 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
BLS-E Services Limited, formed in April 2016, is a digital services company that provides business correspondent services for major Indian banks, assisted e-services, and e-governance solutions focused on reaching remote and underserved communities. As a subsidiary of BLS International Services Limited, it also supports visa, passport, consular, and other citizen services across several global regions, making it the only listed Indian company operating in this field. The company’s merchant network grew to 92,427 by March 31, 2023, and its revenue has steadily increased from ₹6,448.72 lakhs in FY21 to ₹24,306.07 lakhs in FY23. With a workforce of 3,071 employees, including 2,413 contract staff as of June 30, 2023, BLS-E Services continues to expand its presence and deliver essential digital and financial services.
Promoters
BLS International Services Limited
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road, South Delhi, New Delhi – 110044, India
+91-11- 45795002
[email protected]Company website ↗Understanding BLSE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.