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  5. BLS Polymers IPO subscribed 105.54 times so far on Day 3: Check allotment date and steps

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BLS Polymers IPO subscribed 105.54 times so far on Day 3: Check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on October 29, 2026, 12:59 IST

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SUMMARY

BLS Polymers IPO comprises a fresh issuance of 1.7 crore equity shares. There is no offer for sale (OFS) component, according to the RHP.

BLS Polymers makes custom-formulated polymer compounds. | Image: blspolymers.com

BLS Polymers makes custom-formulated polymer compounds. | Image: blspolymers.com

The initial public offering of BLS Polymers Ltd has been subscribed 105.54 times so far on the third day of bidding on Thursday, October 29.

The ₹255-crore IPO received bids for 1,25,59,01,800 shares compared to 1,19,00,000 shares on offer, according to the NSE data until 12:56 pm.

The portion for non-institutional investors garnered 298.56 times subscription, while the quota for retail investors was subscribed 73.79 times. The category for qualified institutional buyers (QIBs) fetched 16.33 times subscription.

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With a price band of ₹142 to ₹150 per share, a lot consists of 100 shares.

The IPO comprises a fresh issuance of 1.7 crore equity shares. There is no offer for sale (OFS) component.

Funds to the tune of ₹77.56 crore will be used to expand its manufacturing unit and increase production capacity for certain existing products. Another ₹89.5 crore is meant for working capital requirements, while the remaining funds will go towards general corporate purposes.

BLS Polymers makes custom-formulated polymer compounds used in industries such as power, railways, water, telecommunications, and oil and gas distribution. The firm operates a manufacturing facility in Goa with an installed capacity of 35,251 metric tonnes per annum.

It operates in 23 states and Union Territories in India and exports products to countries, including Germany, the US, the UAE, Saudi Arabia, and Bangladesh.

BLS Polymers IPO allotment and listing date

BLS Polymers IPO allotment status is expected to be finalised on Friday, October 30. The company's shares will be listed on the NSE and the BSE on November 3.

EAAA India Alternatives IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time here

How to check BLS Polymers IPO allotment status on NSE

Steps to check BLS Polymers IPO allotment status on KFin Technologies

  • Visit the official website of the registrar: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ list, choose 'BLS Polymers'
  • Type the IPO application number, Demat account number or PAN
  • Click on ‘Submit’
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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