Mumbai, November 03: BLS Polymers shares debuted at ₹248 on the National Stock Exchange (NSE) and ₹244.10 on the Bombay Stock Exchange (BSE) on November 3, 2026, against the IPO issue price of ₹150 per share. The shares listed at premiums of 65.33% on the NSE and 62.73% on the BSE.

After opening at ₹248 on the NSE, the stock declined to ₹236.30 at 10:00:09 AM IST, down ₹11.70 or 4.72% from its opening price. Despite the decline from the opening level, the NSE price remained 57.53% above the IPO issue price.

BLS Polymers Share Price Movement After Listing

The NSE listing price of ₹248 was ₹98 above the IPO issue price of ₹150. On the BSE, the shares debuted at ₹244.10, representing a premium of ₹94.10, or 62.73%, over the issue price.

At 10:00:09 AM IST, the NSE share price was ₹236.30, a decline of 4.72% from the opening price of ₹248. The price movement followed the stock’s debut at a premium to the IPO issue price.

BLS Polymers IPO Structure And Issue Details

The BLS Polymers IPO was entirely a fresh issue of 1.70 crore equity shares, aggregating to ₹255 crore. There was no offer-for-sale component. The proceeds from the fresh issue will go to the company, subject to the utilisation stated in its offer documents.

The price band was fixed at ₹142–₹150 per share, with the final issue price set at ₹150. The lot size was 100 shares, requiring a minimum investment of ₹15,000 for a retail application at the upper end of the price band.

The IPO opened on October 27 and closed on October 29, 2026. The basis of allotment was finalised on October 30, while the shares were scheduled to list on the NSE and BSE on November 3.

BLS Polymers IPO Subscription Data

The IPO was subscribed 241.22 times overall by the close of bidding, according to the supplied subscription data. The qualified institutional buyer (QIB) category, excluding anchor investors, was subscribed 200.25 times, while the non-institutional investor (NII) category recorded 559.20 times subscription.

The retail investor portion was subscribed 128.36 times. Within the NII category, applications above ₹10 lakh were subscribed 592.83 times, while the portion below ₹10 lakh was subscribed 491.94 times.

The issue received bids for 2,87,05,50,000 shares against 1,19,00,000 shares on offer. The total bid amount stood at ₹43,058.25 crore, based on the supplied subscription figures.

BLS Polymers raised ₹255 crore through its fresh issue. Its shares began trading at a premium on both exchanges, while the NSE price subsequently moved below its opening level in the displayed market snapshot.

Source:

• https://www.bseindia.com/stock-share-price/bls-polymers-ltd/blspoly/545011
• https://www.nseindia.com/get-quote/equity/BLSPOLY/BLS-Polymers-Limited