BLS Polymers IPO Subscription Status Day 3: Issue Subscribed 155.48 Times

Mumbai, October 29: The BLS Polymers IPO witnessed substantial subscription across investor categories on October 29, 2026, the third and final day of bidding. According to the BSE subscription snapshot updated at 5:06 PM IST, the issue was subscribed 155.48 times overall. Non-institutional investors (NIIs) recorded the highest subscription, followed by qualified institutional buyers (QIBs) and retail individual investors. The ₹255 crore book-built public issue comprises entirely a fresh issue of 1.70 crore equity shares, including an anchor reservation of 51 lakh shares. The company has set a price band of ₹142 to ₹150 per share, with a face value of ₹10 each. The offer opened on October 27, 2026, and closed for public subscription on October 29, 2026. The Allotment is tentatively scheduled for October 30, 2026. Refunds and credit of shares to eligible demat accounts are expected on November 2, while the company’s equity shares are proposed to list on the BSE and NSE on November 3, 2026.

BLS Polymers IPO Day 3 Subscription Status

As of 5:06 PM IST on October 29, 2026, the BLS Polymers IPO had received bids for 1,85,01,82,300 equity shares against 1,19,00,000 shares available for public subscription, excluding the anchor investor portion. The NII category accounted for the largest volume of bids among the three principal investor segments. Within this portion, investors placing applications above ₹10 lakh registered higher subscription than those bidding between ₹2 lakh and ₹10 lakh. Institutional participation was also substantial. The QIB segment received bids from foreign institutional investors, domestic financial institutions, mutual funds and other institutional participants. Retail investors, meanwhile, placed bids well above the number of shares reserved for their category. The category-wise subscription figures, including the separate NII segments, are detailed below.

BLS Polymers IPO Day-wise Subscription Summary

The BLS Polymers IPO opened for bidding on October 27, 2026, and concluded its three-day subscription period on October 29. Subscription rose over the course of the offer, with the final day’s bidding attracting further applications across investor categories. The day-wise subscription figures below reflect the available exchange data for the offer period. The Day 3 figures are taken from the supplied BSE snapshot, while the preceding days are based on published subscription records.

The figures indicate a marked increase in cumulative bids by the close of the third day. The exchange snapshot also shows that non-institutional investors accounted for the largest subscription multiple at the reported timestamp.

BLS Polymers IPO Timeline

With the bidding period concluding on October 29, 2026, the issue will move to the allotment stage. The proposed schedule provides for finalisation of allotment on the following day, ahead of refunds, demat credit and the stock exchange listing.

The allotment and listing schedule is tentative and subject to completion of the applicable procedures.

Brief Overview of the BLS Polymers IPO

BLS Polymers Limited entered the primary market with a ₹255 crore book-built IPO consisting entirely of a fresh issue of 1,70,00,000 equity shares. The offer does not include an offer-for-sale component. Of the total shares in the issue, 51,00,000 equity shares were earmarked for the anchor investor portion. The company fixed the price range at ₹142 to ₹150 per share, each carrying a face value of ₹10. The minimum application size for retail investors was 100 equity shares, requiring an investment of ₹15,000 at the upper end of the price band. Additional applications could be made in multiples of 100 shares. Unistone Capital Private Limited is the book-running lead manager for the IPO, while KFin Technologies Limited is the registrar to the issue. The company’s shares are proposed to be listed on the BSE and NSE. BLS Polymers operates in the polymer manufacturing sector, specialising in custom-formulated polymer compounds used across industrial applications. Its business involves producing polymer compounds tailored to specific customer requirements, with manufacturing operations located in Goa. The company intends to utilise the net proceeds from the fresh issue towards financing capital expenditure for expansion of its existing manufacturing facility in Goa. The proposed investment includes increasing production capacity for certain existing products. A portion of the proceeds is also earmarked for meeting working capital requirements, with the remaining amount proposed to be used for general corporate purposes. The BLS Polymers IPO closed for subscription on October 29, 2026. The Allotment is scheduled for October 30, followed by refunds and credit of shares on November 2. Subject to the completion of the allotment process and receipt of necessary approvals, the equity shares are expected to list on the BSE and NSE on November 3, 2026.

Source:

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