BLS E-Services IPO is a book-built issuance worth Rs 310.91 crore. The issuance is wholly new, with 2.3 crore shares.
BLS E-Services’ initial public offering (IPO) begins on January 30, 2024 and ends on February 1, 2024. The allotment for the BLS E-Services IPO is expected to be completed on Friday, February 2, 2024. BLS E-Services IPO will list on the BSE and NSE, with a tentative listing date of Tuesday, February 6, 2024.
BLS E-services The IPO price range is established at ₹129-135 per share. The minimum lot size for an application is 108 shares. Retail investors require a minimum investment of ₹14,580. The minimum lot size investment for sNII is 14 lots (1,512 shares) worth ₹204,120, while for bNII, it is 69 lots (7,452 shares) for ₹1,006,020.
BLS E-Services IPO Details
| IPO Date | January 30, 2024 to February 1, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 129 to Rs 135 per share |
| Lot Size | 108 Shares |
| Total Issue Size | 23,030,000 shares (aggregating up to Rs 310.91 Cr) |
| Fresh Issue | 23,030,000 shares (aggregating up to Rs 310.91 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 66,726,485 |
| Share holding post issue | 89,756,485 |
BLS E-Services IPO Timeline
| IPO Open Date | Tuesday, January 30, 2024 |
| IPO Close Date | Thursday, February 1, 2024 |
| Basis of Allotment | Friday, February 2, 2024 |
| Initiation of Refunds | Monday, February 5, 2024 |
| Credit of Shares to Demat | Monday, February 5, 2024 |
| Listing Date | Tuesday, February 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 1, 2024 |
BLS E-Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 108 | Rs 14,580 |
| Retail (Max) | 13 | 1404 | Rs 189,540 |
| S-HNI (Min) | 14 | 1,512 | Rs 204,120 |
| S-HNI (Max) | 68 | 7,344 | Rs 991,440 |
| B-HNI (Min) | 69 | 7,452 | Rs 1,006,020 |
