The leading technology enabled digital service provider company BLS E Services IPO will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue only fresh shares 24,1,30,000 through this IPO.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
- The Company has filed the DRHP of this IPO dated (07 August 2023).
BLS E Services is a leading technology enabled digital service provider company. The company provide access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural and banking services for governments (G2C) and businesses (B2B) alike in addition to a host of B2C services to citizens in urban, semi-urban, rural and remote areas. You can check BLS E Services IPO GMP here.
The company business along three primary business segments :
- Business Correspondents services to major banks in India.
- Assisted E-services.
- E-Governance Services at grass root levels in India.
| Read also: Upcoming IPO List 2023 |
The company business correspondents (“Business Correspondents”) to provide banking products and services on behalf of banks to people while performing a variety of services including opening savings, recurring deposit accounts, cash deposits, withdrawals, remittance, transfer, bill collection services, through our Subsidiaries, namely ZMPL and Starfin. You can check BLS E Services IPO subscription status here.
The company acquired Starfin in the month of August 2018 and ZMPL the month of June 2022, which had 1,384 active CSPs and more than 11,500 active CSPs, respectively at the time of acquisition. Further, in October 2022, we acquired BLS Kendras Private Limited, which had 365 Sewa Kendras, in the State of Punjab at the time of acquisition. Sewa Kendras provide E-Governance Services in two out of three zones in the State of Punjab. As on March 31, 2023, we have 92,427 BLS Touchpoints and 402 BLS Stores.
Object Of the Issue :
- Strengthening our technology infrastructure to develop new capabilities and consolidating our existing platforms;
- Funding initiatives for organic growth by setting up of BLS Stores;
- Achieving inorganic growth through acquisitions; and
- General Corporate Purposes
Company Strengths :
- Asset light business model
- We enable social and financial inclusion in India
- Multiple cross-selling and up-selling opportunities, network effect and wide reach for customer acquisition
- Business model with diverse sources of revenue and negligible customer acquisition and retention costs
- Successful track record of our acquisitions
- Experienced senior management, skilled employees and strong parentage of our Promoter “BLS International Services Limited”
BLS E Services IPO Review :
■ Coming Soon
BLS E Services IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | Update Soon |
| IPO Close : | Update Soon |
| Face Value : | ₹. Equity Share |
| Price Band : | ₹ – ₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹. Cr |
| Fresh Issue : | ₹. Cr (2,41,30,000 Shares) |
| Offer For Sale : | ₹. Cr |
BLS E Services IPO Market Lot :
BLS E Services IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | – | – | ₹- |
| Retail Maximum : | – | – | ₹- |
| S-HNI Minimum : | – | – | ₹- |
| S-HNI Maximum : | – | – | ₹- |
| B- HNI Minimum : | – | – | ₹- |
BLS E Services IPO Shares Offer :
A Total of 2,41,30,000 shares are to be bid for the public issue by BLS E Services IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 2,41,30,000 | ₹– |
| Offer For Sale : | – | ₹– |
| Total : | 2,41,30,000 | ₹– |
BLS E Services IPO Reservation :
BLS E Services IPO Total Reservation of 2,41,30,000 shares are to be bid for the public issue by BLS E Services IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 10% | – | ₹– |
| EMP : | – % | – | ₹- |
| Total : | 100% | – | ₹– |
BLS E Services IPO EPS & RoNW :
The BLS E Services company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % |
| 2023 | ₹3.02 | 16.46 % |
| 2022 | ₹0.89 | 36.93 % |
| 2021 | ₹0.52 | 34.30 % |
BLS E Services IPO Peer Comparison PE :
The BLS E Services, According to DRHP of the company only one company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | EMudhra Limited | 62.50 |
BLS E Services IPO Dates :
BLS E Services IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Anchor Date : | Announced Soon |
| Open Date : | Announced Soon |
| Close Date : | Announced Soon |
| Allotment Date : | Announced Soon |
| Refund Date : | Announced Soon |
| Share Credit Date : | Announced Soon |
| Listing Date : | Announced Soon |
BLS E Services IPO Form :
There are two ways to apply in BLS E Services IPO. You can apply for BLS E Services IPO through ASBA available in your bank account. You have to go to your online bank login and select BLS E Services IPO in the Invest section and apply through your bank account. Another option is you can apply for BLS E Services IPO through IPO form download through NSE and BSE. See the BLS E Services IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
BLS E Services Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹246.29 | ₹216.71 | ₹20.33 |
| 2022 | ₹98.39 | ₹91.63 | ₹5.38 |
| 2021 | ₹65.23 | ₹61.31 | ₹3.15 |
Company Promoters :
■ Diwakar Aggarwa
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
BLS E Services IPO Lead Managers :
■ Unistone Capital Private Limited
BLS E Services IPO Registrar :
KFin Technologies Limited
Address: Selenium, Tower B,
Plot No. 31- 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad-500 032, Telangana, India
Telephone: + 91 40 6716 2222
Email: [email protected]
Investor grievance email: [email protected]
Website: www.kfintech.com
Note: Check BLS E Services IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
BLS E-Services Limited
G-4B-1, Extension,
Mohan Co-operative Indl. Estate Mathura Road,
South Delhi, New Delhi – 110044, India
Telephone: +91-11-45795002
Website: www.blseservices.com
BLS E Services IPO FAQs :
What is BLS E Services IPO?
BLS E Services IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.
When BLS E Services IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.
What is BLS E Services IPO Size?
BLS E Services IPO size is ₹- Crores.
What is the Fresh issue size of BLS E Services IPO?
The Fresh issue size of BLS E Services IPO ₹- Cr.
What is the Offer For Sale size of BLS E Services IPO?
The Offer For Sale size of BLS E Services IPO ₹- Cr.
What is BLS E Service IPO Price Band?
BLS E Services IPO Price Band is ₹-₹- Per share.
What is BLS E Services IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.
What is BLS E Services IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is BLS E Services IPO Allotment Date?
BLS E Services IPO allotment date is Announced Soon.
What is BLS E Services IPO Listing Date?
BLS E Services IPO listing date is Announced Soon. The IPO to list on NSE, BSE.
How to Apply the BLS E Services IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “BLS E Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the BLS E Services IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “BLS E Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the BLS E Services IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “BLS E Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the BLS E Services IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “BLS E Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| BLS E Services IPO GMP: Click Here BLS E Services IPO Subscription: Click Here BLS E Services IPO Allotment: Click Here BLS E Services IPO Listing: Click Here BLS E Services IPO Web Story: Click Here |
All BLS E Service IPO-related links are available here. If you want to know the details then click on Click Here Link.
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