BLS Polymers IPO GMP, Price, Allotment, Subscription & Listing 2026

BLS Polymers IPO Description – BLS Polymers makes custom-formulated polymer compounds (HDPE, MDPE, LLDPE, XLPE, HFFR, PVC, cable filling and adhesive coating compounds). These are used as uncooked supplies for insulating and sheathing wires and cables within the energy, telecom and railway industries, and for coating underground oil, gasoline and water pipelines. According to the CRISIL report cited within the submitting, they shield towards corrosion, moisture, hearth and environmental harm.

Selling into these industries requires approval from authorities businesses, which take a look at the corporate’s merchandise and manufacturing processes. BLS Polymers has enlisted its merchandise with a Maharatna CPSE energy transmission firm, a Navratna CPSE engineering consultancy firm, a Miniratna CPSE telecom firm and the Government of Gujarat. One approval took from January 2020 to October 2024 to come back via. The firm says this enlistment acts as a barrier to entry for brand new gamers. Government clients additionally come via tenders with set monetary and technical standards, and the corporate’s bid-to-win ratio on GeM and Kerala Government portal bids was 30% in FY24, 0% in FY25 and 20% in FY26.

The firm served over 190 clients throughout energy cables, telecom and infrastructure within the interval lined, and 100 of them have been with it for greater than three years. Repeat clients have been 109, 113 and 138 in FY24, FY25 and FY26, with 80 within the three months to June 30, 2026. Customer focus is notable: the highest 5 clients made up 36.85% of income in FY24, 50.90% in FY25 and 53.45% in FY26, and 43.17% within the June 2026 quarter.

Promoters of BLS Polymers – Vinod Aggarwal, Sushil Aggarwal, Madhukar Aggarwal, Diwakar Aggarwal, Karan Aggarwal

BLS Polymers IPO Details

BLS Polymers IPO Allocation in Different Categories

BLS Polymers Financial Performance

	FY 2024	FY 2025	FY 2026	Q1 FY 2027
Revenue	296.36	328.44	349.43	107.03
Expenses	291.81	308.43	318.43	94.13
Net Income	7.52	21.14	27.01	10.23
Margin (%)	2.54	6.44	7.73	9.56

BLS Polymers Offer News

BLS Polymers Valuations & Margins

	FY 2024	FY 2025	FY 2026 (Pre-Issue)	FY 2026 (Post-Issue)*
EPS	1.67	4.69	5.99	4.35
PE Ratio	–	–	23.71 – 25.04	32.64 – 34.48
Price/Sales Ratio	–	–	1.83 – 1.93	2.52 – 2.66
Current Ratio	–	–	–	–

	FY 2024	FY 2025	FY 2026
RONW (%)	16.06	31.11	28.45
NAV	10.40	15.09	21.08
ROCE (%)	12.84	25.46	29.51
ROE (%)	17.48	36.83	33.17
EBITDA (%)	7.10	12.08	13.33
Debt/Equity	2.05	1.11	0.56

Evaluate the standard of an IPO utilizing these important investing ratios to make an knowledgeable determination.

BLS Polymers IPO Anchor Investors

Bid Date	26 October 2026
Shares Offered	Coming quickly
Anchor Portion (INR Cr.)	Coming quickly
Anchor lock-in interval finish date for 50% shares (30 Days)	Coming quickly
Anchor lock-in interval finish date for remaining shares (90 Days)	Coming quickly

BLS Polymers IPO GMP Today (Daily Trend)

BLS Polymers Offer Objectives

The firm proposes to make the most of internet proceeds from the difficulty in the direction of the next objects:

• Financing the capital expenditure requirement in the direction of enlargement of our present manufacturing facility at Goa (“Manufacturing Facility”) by rising the manufacturing capability of sure of our present merchandise – INR 77.6 crore
• Funding working capital necessities of our Company – INR 89.5 crore
• General Corporate Purposes

BLS Polymers IPO Subscription – Live Updates

Bidding opens on 27 October 2026 and closes on 29 October 2026. The subscription e book will likely be added right here day-to-day; shares allotted to anchor buyers on 26 October 2026 are excluded from the multiples.

BLS Polymers – Comparison With Listed Peers

Company	P/E (x)	RoNW (%)	NAV (INR)
BLS POLYMERS LIMITED	34.48	28.45	21.08
Peer Group Kingfa Science & Technology (India) Limited	46.25	13.24	1,155.40
DDev Plastiks Industries Limited	12.97	19.92	97.93
Plastiblends India Limited	14.53	8.17	172.78

BLS Polymers IPO Allotment Status

You can verify BLS Polymers IPO allotment standing on the KFin Technologies Limited web site as soon as the idea of allotment is finalised; our IPO allotment standing web page lists the direct hyperlink for each registrar. Often not getting IPO allotment? Learn the right way to enhance your IPO allotment probabilities.

BLS Polymers IPO Dates & Listing Performance

IPO Opening Date	27 October 2026
IPO Closing Date	29 October 2026
Finalization of Basis of Allotment	30 October 2026
Initiation of refunds	2 November 2026
Transfer of shares to demat accounts	2 November 2026
BLS Polymers IPO Listing Date	3 November 2026
Opening Price on NSE	Coming quickly
Closing Price on NSE	Coming quickly

BLS Polymers IPO Lead Manager

UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East,Mumbai-400059, Maharashtra,
Phone: 022 4604 6494
Email: [email protected]
Website: www.unistonecapital.com

BLS Polymers Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

BLS POLYMERS LIMITED
third Floor, Vijaya Building, Barakhamba Road, New Delhi – 110 001, Delhi, India
Phone: +91 114 352 6312
Email: [email protected]
Website: www.blspolymers.com

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Krishna Bagra heads analysis at IPO Central. She has adopted Indian major markets for 15 years and leads the location’s valuation work: pricing new points towards listed friends, studying DRHP and RHP financials, and judging whether or not a suggestion leaves something on the desk for buyers. She indicators off the IPO critiques and the shareholder-quota and SEBI-status trackers.