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Open
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Allotment
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Listing
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Issue Size
1,70,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 179.14 | 168.49 | 161.26 |
| Total Income | 336.70 | 301.50 | 316.78 |
| Profit After Tax | 21.14 | 7.52 | 6.25 |
| EBITDA | 39.66 | 21.05 | 17.92 |
| NET Worth | 67.94 | 46.83 | 39.26 |
| Reserves and Surplus | 58.29 | 37.16 | 29.64 |
| Total Borrowing | 73.92 | 93.77 | 89.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manas Polymers & Energies Ltd. | SME | ₹23.52 Cr | ₹81 | 9.19 | ₹146.20 | +80.49% | ₹37.55 (-4.70%) |
| Vigor Plast India Ltd. | SME | ₹25.10 Cr | ₹81 | 12.35 | ₹85.70 | +5.80% | ₹98.65 (-4.69%) |
| B.D.Industries (Pune) Ltd. | SME | ₹45.36 Cr | ₹108 | 13.27 | ₹108.15 | +0.14% | ₹109.35 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Financing the capital expenditure requirement towards expansion of our Manufacturing Facility by increasing the manufacturing capacity of certain of our existing products | 69.84 |
| 2 | Funding working capital requirements of our Company | 75.00 |
| 3 | General Corporate Purpose |
About BLS Polymers IPO
BLS Polymers is a leading manufacturer of custom-formulated polymer compounds catering to critical infrastructure sectors such as telecommunications, power, railways, water, and oil & gas distribution. Product offerings: Its diverse product portfolio includes high-density polyethylene (HDPE), medium-density polyethylene (MDPE), linear low-density polyethylene (LLDPE), cross-linked polyethylene (XLPE), halogen-free flame retardant (HFFR) compounds, polyvinyl chloride (PVC), cable filling compounds (CFC), and adhesive coating compounds. The company has established a strong PAN India presence across 24 states/union territories. In Fiscal 2025, it has served 113 repeat customers and 53 new customers. Market Presence: It sells products domestically and overseas such as Bangladesh, Egypt, Oman, Saudi Arabia, Turkey, United Arab Emirates, United States of America and Zambia. In Fiscal 2025, it has derivedm 91.57% of revenue from domestic operations and remaining 8.43% from export operations. Manufacturing Facility: Goa across 24,220 sq ft, equipped with advanced machineries. Competititve Strengths Enlisted with prominent government agencies with pre-approved product portfolio. Diversified
Contact Details
BLS Polymers Ltd. Address604, Indra Prakash,21, Barakhamba RoadDelhi, New Delhi, 110001+91 114 352 6312corporate@blspolymers.comVisit Website