BLS E-Services
BLS E-Services Info
Details about the BLS E-Services IPO. Opening Date of BLS E-Services is 30 Jan 24 and Closing Date is 01 Feb 24 . Face Value of Each share of BLS E-Services is ₹10 per share. Price band of BLS E-Services is ₹129 to ₹135. The Lot size of BLS E-Services is 108 shares. Total issue size of BLS E-Services IPO is ₹310.91 cr. Fresh Issue of BLS E-Services IPO is 310.91 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of BLS E-Services is 66,726,485. Share Holding Post Issue of BLS E-Services is 89,756,485.
Business Summary
BLS E-Services is a technology enabled digital service provider, providing (i) Business Correspondents, (ii) Assisted Eservices; and (iii) E-Governance Services at grass root levels in India.
A key stakeholder in each of Company's business segments are merchants, for delivery of the products and services to the citizens.
Company act as Business Correspondents to provide banking products and services on behalf of major banks in India. Further, They provide assisted e-services through retailers and digital stores.
Company also facilitate delivery of various e-governance initiatives of the State Governments in India by providing various information communication technology enabled citizen centric services.
BLS E-Services IPO Details
| Open Date | 30 Jan 24 |
|---|---|
| Close Date | 01 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹129 - ₹135 |
| Lot Size | 108 Shares |
| Total issue Size | 23,030,000 Shares ₹310.91 cr |
| Fresh Issue | 23,030,000 Shares ₹310.91 cr |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 66,726,485 |
| Share Holding Post Issue | 89,756,485 |
| RHP , DHRP | View RHP, View DRHP |
BLS E-Services IPO Timeline
The BLS E-Services Initial Public Offering (IPO) is set to open on 30 Jan 24 and will end its subscription phase on 01 Feb 24. You can check your allotment status for BLS E-Services on 02 Feb 24. The refund process for your funds will start promptly on 05 Feb 24. BLS E-Services IPO credit of shares will be on 05 Feb 24. The listing date for BLS E-Services is on 06 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
BLS E-Services IPO Reservation
The BLS E-Services IPO reserves shares for different investor categories. Approximately Not less than 75% of the Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 10% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75% of the Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
BLS E-Services IPO Lot Size
Bids can be made for minimum of 108 shares and in multiple of 108 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 108 | 14,580 |
| Retail (Max) | 13 | 1,404 | 189,540 |
| S-HNI (Min) | 14 | 1,512 | 204,120 |
| S-HNI (Max) | 68 | 7,344 | 991,440 |
| B-HNI (Min) | 69 | 7,452 | 1,006,020 |
BLS E-Services IPO Promoters Holding
Promoters holding details for BLS E-Services in the current issue is as follows: The share holding of promoters before the issue stands at 90.25%, and after the issue, it has been adjusted to -%.
Promoters of BLS E-Services are Bls International Services Limited, Shikhar Aggarwal, Diwakar Aggarwal,
| Share Holding Pre Issue | 90.25% |
|---|---|
| Share Holding Post Issue | -% |
BLS E-Services Financial Information
Financial performance details for BLS E-Services over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 213.77 | 179.47 | 55.93 | 40.59 |
| Revenue | 158.05 | 246.29 | 98.4 | 65.23 |
| Profit After Tax | 14.68 | 20.33 | 5.38 | 3.15 |
BLS E-Services IPO Key Performance Indicator
Key Performance Indicators (KPIs) for BLS E-Services are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 44.31 |
| ROCE | 30.62% |
| ROE | 33.33% |
| RoNW | 16.46% |
| EPS (Rs) | 3.05 |
Object of the Issue
- • Strengthening the technology infrastructure to develop new capabilities and consolidating comapany's existing platforms;
- • Funding initiatives for organic growth by setting up of BLS Stores;
- • Achieving inorganic growth through acquisitions
- • General Corporate Purposes
Contact Details for BLS E-Services
Phone
Office
G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road, South Delhi, New Delhi – 110044, India
Registrar Details for BLS E-Services
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Unistone Capital Pvt Ltd