bls-e Services IPO, Brand Price and allotment Date

bls-e Services IPO details: is set to open on January 30th and close on February 1st. Investors can grab shares at a price between ₹129 and ₹135 per share, with a minimum investment of ₹14,580 required for retail participants. The entire offer will consist of freshly issued shares, representing a main-board listing on BSE and NSE. If you’re interested in participating, be sure to stay updated on news and analysis as market conditions can change.

bls e Services IPO Brand Price and allotment Date 1

About BLS-E Services

  • Founded: April 2016
  • Subsidiary of: BLS International Ltd.
  • Focus: Technology-enabled digital service provider
  • Key segments of bls-e:
    • Business correspondence: Providing document management, data processing, and other solutions for banks and other businesses.
    • Assisted E-Services: Acting as a bridge between citizens and government services, facilitating access to passport applications, bill payments, certificate verifications, and more.
    • E-Governance services: Providing technology infrastructure and support for government projects, promoting digitalization and efficient service delivery through Common Service Centres (CSCs).
  • Reach: Network of over 12,000 CSCs across India
  • Strengths:
    • Strong track record of profitability and growth
    • Experienced management team
    • Wide footprint and brand recognition
    • Growing demand for E-Services and E-Governance in India but AI can take it over.
  • Challenges:
    • Competition from other well stablish players in the market.
    • Dependence on government contracts mostly.
    • Relatively new company with limited public market presence till now.

How bls-e Services Works and for whom they work:

  • For businesses:
    • BLS-E Services acts as an outsourcing partner which handling document management, data processing, and other tasks they  allow businesses to focus on core operations.
  • For citizens:
    • BLS-E Services facilitates access to various government services through its CSC network. Citizens can visit a CSC to apply for passports, pay bills, verify certificates, and avail other services.
  • For governments:
    • BLS-E Services provides technology infrastructure and support for government projects, enabling digitalization and efficient service delivery through CSCs.

What makes bls-e Services interesting for an investor:

  • Strong track record: The company has been profitable for the past three years and boasts a steady growth trajectory.
  • Promising market: The demand for their services is expected to rise as businesses prioritize efficiency and governments push for digitalization.
  • Wide footprint: BLS-E Services has a network of over 12,000 centers across India, giving them a strong reach and brand recognition.
  • Experienced management: The company is led by a team with extensive experience in the industry, adding to investor confidence.

Your concern should be:

  • Competition: The company faces competition from other players in the E-Services and E-Governance space and mostly as the technology is increasing these kind of work can be control by the AI.
  • Dependence on government contracts: A significant portion of their revenue comes from government contracts, making them vulnerable to policy changes or project delays.

Objects of the Issue:

  • Strengthening technology infrastructure to develop new capabilities while consolidating existing platforms;
  • Launch BLS Stores as funding initiatives for organic growth;
  • Acquisition-focused growth; andatteindre General Corporate Purposes are among the goals to pursue for continued expansion of operations.

bls-e Services IPO Date & Price Band Details and other details

IPO Open:January 30, 2024
IPO Close:February 1, 2024
IPO Size:Approx ₹310.91 Crores
Fresh Issue:Approx ₹310.91 Crores
Face Value:₹10 Per Equity Share
IPO Price Band:₹129 to ₹135 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
DRHP Draft Prospectus:Click Here

bls-e Services IPO Market Lots

ApplicationLot SizeSharesAmount
Retail Minimum1108₹14,580
Retail Maximum131,404₹189,540
S-HNI Minimum141,512₹204,120
B-HNI Minimum697,452₹1,006,020

bls-e Services IPO Allotment and Listing Dates

IPO Open Date:January 30, 2024
IPO Close Date:February 1, 2024
Basis of Allotment:February 2, 2024
Refunds:February 5, 2024
Credit to Demat Account:February 5, 2024
IPO Listing Date:February 6, 2024

bls-e Services Company Financial Data

Data in Cr.
202120222023Sep 2023
Revenue (₹)₹65.23₹98.40₹246.29₹158.05
Expense (₹)₹61.31₹91.62₹216.71₹137.27
PAT (₹)₹3.15₹5.38₹20.33₹14.68
PAT:- profit after Tax.

Company Address

Peer GroupEMudhra Limited
Company PromotersBLS International Services Limited
BLS-E Services IPO RegistrarKfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
IPO Allotment Status CheckCheck BLS-E Services IPO allotment status on KFintech website allotment URL. Click Here
IPO Lead ManagersUnistone Capital Pvt Ltd
Company AddressBLS E-Services Limited
G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road,
South Delhi, New Delhi – 110044, India
Company Phone+91-11- 45795002
Company Email[email protected]
Company Website

Frequently asked question by investors:

When bls-e Services IPO will open?

This Initial Public Offering will open for QIB, NII and Retail Investors on January 30, 2024.

What is bls-e Services IPO Investors Portion?

QIB investors comprise 75%, National Infrastructure Initiative (15%) and Retail (10%) of total equity contributions.

What is bls-e Services IPO Size?

bls-e Services’ initial public offering (IPO) size stands at Rs310.91 crores.

What is bls-e Services IPO Price Band?

bls-e Services Initial Public Offering Price Range Is Rs129 to 135.

What is the bls-e Services IPO Allotment Date?

bls-e Services’ initial public offering (IPO) allotment date has been scheduled for February 2, 2024.

What is the bls-e Services IPO Listing Date?

bls-e Services IPO listing date will take place on February 6, 2024 on both BSE and NSE exchanges.

if you like this read also:

Mayank Cattle Food IPO date, Brand price and Allotment date

Harshdeep Hortico GMP Today (Grey Market Premium)

Docmode Health Technologies Limited IPO Date, Brand price and allotment date

Baweja Studios IPO: Date, Price, Allotment Date

Harshdeep Hortico IPO date, price and allotment Date

Official Bazar for the latest updates on upcoming IPOs and their reviews. Additionally, connect with us on Twitter, Facebook, and Instagram to stay informed. For our most recent video content, be sure to subscribe to our YouTube channel. Thank you for your continued support.

Leave a Comment