247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

BLS E-Services Limited IPO (BLS E-Services IPO) Details

BLS E-Services Limited is an Corporate Solutions based company, located in New Delhi, BLS E-Services Limited IPO size was 310.91 Cr. and was issued at 135.00 per share. The share of BLS E-Services Limited were listed at 370.75 per share and are currently trading at 193.13 per share.

Type :
Sub Sector : Business Correspondents Services And E-governance Services
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
316.10 Cr.

PAT :
29.36 Cr.

Pricing Report

Issue Price :
135.00

Listing Price :
370.75

Current Market Price :
193.13

Issue Price vs CMP :
58.13 (43.06%)

listing Price vs CMP :
177.62 (47.91%)

Performance Report (CAGR* wise)

CAGR : 45.43
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About BLS E-Services

Company Information
BLS E-Services Limited is a leading technology-enabled digital service provider offering Business Correspondent services to major banks in India, Assisted E-services, and E-Governance services at the grassroots level. Through its robust network, the company provides access points for delivering essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural, and banking services for both governments (G2C) and businesses (B2B). Additionally, it offers a range of B2C services to citizens in urban, semi-urban, rural, and remote areas. With its tech-enabled integrated business model, the company delivers digital and physical products and services in areas with low internet penetration, where citizens require assistance in accessing basic technology-enabled services. Its business is organized into three primary segments: Business Correspondents Services, Assisted E-services, and E-Governance Services. Merchants
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Object of Issue
  • Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms
  • Funding initiatives for organic growth by setting up of BLS Stores
  • Achieving inorganic growth through acquisitions and
  • General Corporate Purposes

BLS E-Services MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
310.91 Cr.
Market Cap :
1226.56 Cr.   
IPO Subscription :
162.38 X     
PE Multiple :
24.85
IPO Registrar:
Kfin Technologies Limited

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FAQs

BLS E-Services operates in Corporate Solutions and Business Correspondents Services And E-governance Services. The Issue is listed on MainBoard in Feb, 2024. BLS E-Services IPO size was 310.91 Cr. with Issue price of 135.00 .

Merchant Banker(s) of BLS E-Services IPO: Unistone Capital Private Limited

BLS E-Services IPO subscription was 162.38 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

BLS E-Services IPO listed at a listing price of 370.75 against the offer price of 135.00.

The current market price of BLS E-Services is 193.13.

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