BLS Polymers IPO allotment today: Check status, subscription, GMP and listing outlook – Markets


Google CTA
BLS Polymers IPO allotment in focus after blockbuster subscription

BLS Polymers IPO investors await allotment after the issue was subscribed over 241 times, while a strong grey market premium points to healthy listing gains. (Image: Canva)

BLS Polymers IPO Allotment Today: The issue of BLS Polymers will enter the allotment phase in today’s trading session after the IPO received a subscription of 241.22 times.

BLS Polymers IPO is a book-built issue of Rs 255 crore. The issue is entirely a fresh issue of 1.70 crore shares.

Unistone Capital is working as the book-running lead manager for the issue, while Kfin Tech is the registrar to the issue. BLS Polymers shares are expected to be listed on the NSE and BSE on November 03.

Following the successful completion of the three-day subscription window, the IPO has now entered the allotment phase, during which shares will be allotted to successful applicants.

Check BLS Polymers IPO Allotment Status on NSE

Step 1: Visit the NSE IPO bid verification link.

Step 2: Select “Equity & SME IPO Bid Details”.

Step 3: Choose BLS Polymers from the available options.

Step 4: Enter your PAN and application number, then click “Submit” to view the allotment status.

Check BLS Polymers IPO Allotment Status on BSE

Step 1: Visit the BSE IPO allotment link.

Step 2: Select “Equity” under the issue type.

Step 3: Choose BLS Polymers from the dropdown menu.

Step 4: Enter your application number or PAN details.

Step 5: Complete the CAPTCHA and click “Search” to view the BLS Polymers IPO allotment status.

Step 1: Visit the KFin Technologies portal.

Step 2: Select BLS Polymers from the dropdown menu.

Step 3: Choose the PAN, Application Number or DP ID option.

Step 4: Enter the required details.

Step 5: Click “Submit” to check the BLS Polymers IPO allotment status.

BLS Polymers IPO Subscription Status

The subscription for the IPO was mainly led by interest from Qualified Institutional Buyers (QIBs), followed by Retail Individual Investors. Here’s the breakdown of the IPO subscription:

BLS Polymers IPO GMP

Additionally, ahead of the IPO allotment, the grey market premium (GMP) for the IPO stood at Rs 68, reflecting an unlisted premium of 45.33 per cent. Based on the current unlisted premium, the shares are expected to list at Rs 218, against the issue price of Rs 150.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *