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News Details

( As on 19/10/2026 12:40)

BLS Polymers announces launch of initial public offering

BLS Polymers Ltd. has announced public offering of 17000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 140.00 per share. The gross proceeds of the issue are expected to be Rs 25,500.00 lakhs.

The company's initial public offer (IPO) will open on 27 October 2026 and is expected to close on 29 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 142.00-150.00 per share.

The IPO includes a fresh Issue of 17000000 Equity Shares of the Company at an price of Rs 150.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.

BLS Polymers Ltd. anticipates using the proceeds of the issue for Financing the capital expenditure requirement towards expansion of the existing manufacturing facility at Goa (“Manufacturing Facility) by increasing the manufacturing capacity of certain of the existing products Funding working capital requirements of the Company General Corporate Purposes.

Unistone Capital Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.