- Q1. What is the business of BLS Polymers Limited ?It manufactures customised polymer compounds used in wires, cables and pipelines for industries like telecom, power, railways, water and oil & gas infrastructure.
- Q2. Why is the company raising funds via IPO?BLS Polymers is raising funds via IPO to fund expansion of its manufacturing facility, meet working capital needs and support general corporate purposes to strengthen future growth.
- Q3. What is the size of the issue and where will it list?The issue size of the IPO comprises entirely as a Fresh Issue of up to ~1.7 crore equity shares and no offer-for-sale component. It will be listed on BSE and NSE platform.
- Q4. What are the key risks to an investor?Key risks include dependence on infrastructure demand, fluctuations in polymer raw material prices and competition from established polymer compound manufacturers.
- Q5. What are the potential upsides?Upsides include growth in power, telecom and infrastructure sectors, rising demand for advanced polymer materials and capacity expansion could support the company’s future revenue growth.
- Q6. How to apply for the IPO?Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.
BLS Polymers Limited (NEW IPO): Price, Review
Open
12 July 2026
0
Rating
BLS Polymers Limited is engaged in manufacturing customized polymer compounds used for insulation and protection of wires, cables, and underground pipelines across industries such as power, telecommunications, railways, water, and oil & gas. Its products are widely used in infrastructure and utility sectors for sheathing, jacketing, and corrosion-resistant coating applications. The company filed its DRHP with SEBI proposing IPO entirely of Fresh issue of up to ~1.70 crore equity shares (face value ₹10 each) by existing shareholders.
BLS Polymers Limited was incorporated on 1991 & currently Mr. Karan Aggarwal serves as the Managing Director of the company.
It manufactures customized polymer compounds such as PE, PVC, XLPE, HFFR and cable-filling compounds. These materials are mainly used in power cables, telecom cables, optical fiber, pipelines and infrastructure industries for insulation, jacketing and corrosion protection.
It primarily operates manufacturing facilities with production capacity of about 42,000 MTPA and ha its headquarter in New Delhi. The company supplies polymer compounds to industries like power, telecom, railways, oil & gas and infrastructure across India and export markets, giving it a broad industrial customer base.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
67.94 CR
|
|
Revenue
|
328.43 CR
|
|
EBITDA
|
39.66 CR
|
|
PAT
|
21.13
|
|
EBITDA Margin
|
12.08%
|
|
PAT Margin
|
6.44%
|
|
Face Value
|
10
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Working Capital Requirements
|
₹ 75 Cr
|
|
Subsidiary acquisition
|
₹00 Cr
|
|
Borrowing prepayment/repayment
|
00 Cr
|
|
General Corporate Purpose
|
₹ 69.84 Cr
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 314.6 CR
|
₹ 296.4
|
₹ 328.4
|
|
PAT (₹ Cr)
|
₹ 6.2
|
₹ 7.5
|
₹ 21.1
|
|
Asset (₹ Cr)
|
₹ 161.3
|
₹ 168.5
|
₹ 179.1
|
|
Net Worth (₹ Cr)
|
₹ 39.3
|
₹ 46.8
|
₹ 67.9
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
16-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
15-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
14-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
13-Jun
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Vinod Aggarwal
|
~ 16.16 %
|
|
Diwakar Aggarwal
|
~ 16.07 %
|
|
Sushil Aggarwal
|
~ 14.19 %
|
|
Madhukar Aggarwal
|
~ 10.28 %
|
|
Karan Aggarwal
|
~ 9.95 %
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
00
|
|---|---|
|
ROCE
|
00
|
|
RoNW
|
00
|
