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BLS Polymers IPO Subscription Day 2

Authored By HDFC SKY | Published at: Oct 28, 2026 07:07 PM IST

BLS Polymers IPO was subscribed 35.30 times on Day 2, October 28, 2026. The NII category led at 78.81 times, followed by QIBs at 12.20 times and retail investors at 29.85 times.

BLS Polymers IPO Subscription Day 2

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Mumbai, October 28: BLS Polymers IPO was subscribed 35.30 times as of 5:05 PM on Day 2 of bidding. The ₹255 crore issue received bids for 42,00,65,400 shares against 1,19,00,000 shares offered, excluding the anchor investor portion.

The NII category was subscribed 78.81 times, while retail investors subscribed 29.85 times. The QIB category, excluding anchor investors, was subscribed 12.20 times.

BLS Polymers IPO Subscription Status

Category Subscription
QIB (Ex Anchor) 12.20x
NII 78.81x
bNII (>₹10L) 70.21x
sNII (<₹10L) 96.01x
Retail 29.85x
Total 35.30x

Day-Wise Subscription Trend

Date QIB NII Retail Total
October 27 (Day 1) 12.03x 13.01x 6.79x 9.62x
October 28 (Day 2) 12.20x 78.81x 29.85x 35.30x

BLS Polymers IPO Details

The ₹255 crore IPO is entirely a fresh issue of 1.70 crore shares, priced between ₹142 and ₹150 per share. The minimum retail application is 100 shares, requiring ₹15,000 at the upper price band. The issue closes on October 29, with allotment expected on October 30 and listing tentatively scheduled for November 3, 2026, on the BSE and NSE.

About BLS Polymers

BLS Polymers Ltd. manufactures specialised polymer compounds used in wires, cables, underground pipelines and industries such as power, telecommunications, railways, water, and oil and gas.

Conclusion

BLS Polymers IPO was subscribed 35.30 times by Day 2, with strong demand from NII investors, whose category recorded 78.81 times subscription. The IPO remains open for bidding until October 29, 2026.

Source:

  • https://www.nseindia.com/market-data/issue-information?symbol=BLSPOLY&series=EQ&type=Active
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