IPO Trending
BLSEEQ / NSE, BSEListed
BLS E-Services

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.

DRHPANCHOR
₹129 - ₹135162.4x sub
Listed Price₹305.00
Listing Gain+125.93%

IPO Schedule & Timeline

Book Built Issue IPO
Open30 Jan 2024
Close01 Feb 2024
Allotment03 Feb 2024
Listing06 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail20,72,700 shares
9%
Nii(hni)31,09,050 shares
13.5%
QIB62,18,154 shares
27%
Shareholders23,03,000 shares
10%

Minimum Application Lots

Retail1 Lot (108 shares)
₹14,580
sHNI14 Lots (1,512 shares)
₹2,04,120
bHNI69 Lots (7,452 shares)
₹10,06,020

Company Promoters

BLS International Services Limited

Company Background

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 ci...

Lead Managers & Bankers

Unistone Capital Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹158.05 Cr
Growth+142.3%
Revenue Trend (₹ in Crores)
0.094.4188.8283.2Mar-21Mar-22Mar-23 Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23158.0514.68213.770
Mar-23 246.2920.33179.470
Mar-2298.405.3855.938.76
Mar-2165.233.1540.5911.02

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values033.33%30.62%7.20

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
03 Feb 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
06 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for BLS E-Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Feb 2024Trading commences on exchange

How to Check BLS E-Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select BLS E-Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About BLS E-Services IPO

Complete issue overview for BLS E-Services (BLSE) IPO. The issue features an equity share price band of ₹129 – ₹135 per share with a minimum retail lot size of 108 Shares (minimum application amount of ₹14,580). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions