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BLS Polymers IPO IPO

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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 Ended31 Mar 202531 Mar 202431 Mar 2023
Assets179.14168.49161.26
Total Income336.70301.50316.78
Profit After Tax21.147.526.25
EBITDA39.6621.0517.92
NET Worth67.9446.8339.26
Reserves and Surplus58.2937.1629.64
Total Borrowing73.9293.7789.60
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Manas Polymers & Energies Ltd.SME₹23.52 Cr₹819.19₹146.20+80.49%₹37.55 (-4.70%)
Vigor Plast India Ltd.SME₹25.10 Cr₹8112.35₹85.70+5.80%₹98.65 (-4.69%)
B.D.Industries (Pune) Ltd.SME₹45.36 Cr₹10813.27₹108.15+0.14%₹109.35 (+0.00%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Financing the capital expenditure requirement towards expansion of our Manufacturing Facility by increasing the manufacturing capacity of certain of our existing products69.84
2Funding working capital requirements of our Company75.00
3General 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