Last updated: Tue, Nov 3, 2026, 9:55 AM IST · mainboard IPO · NSE
- BLS Polymers shares listed at ₹248, 65.33% above the issue price of ₹150
- Day range so far: ₹248 to ₹248
- Last traded price: ₹248 (+65.33% versus the issue price)
- Volume: 50,97,092 shares
- Price band: ₹142 to ₹150 per share
- Final subscription: 35.28x overall
The BLS Polymers IPO listed on the NSE at ₹248, which was 65.33% above the issue price of ₹150. The shares completed their debut on Tuesday, November 3, 2026. As of 9:55 AM IST, the stock traded at ₹248, marking a 65.33% increase from the issue price. The shares recorded a trading range between ₹248 and ₹248 throughout the morning session.
BLS Polymers Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹150 |
| Listing price | ₹248 |
| Listing gain versus issue price | +65.33% |
| Day high | ₹248 |
| Day low | ₹248 |
| Last traded price | ₹248 |
| Volume (shares) | 50,97,092 |
| Exchange | NSE |
BLS Polymers Listing Price versus Price Band
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹142 | −5.33% |
| Price band, upper end | ₹150 | +0% |
| Issue price | ₹150 | — |
| Listing price | ₹248 | +65.33% |
| Day high | ₹248 | +65.33% |
| Day low | ₹248 | +65.33% |
| Last traded price | ₹248 | +65.33% |
The shares listed at ₹248, significantly higher than the upper end of the price band of ₹150. The issue price was set at ₹150 per share. Throughout the morning session on the listing day, the stock price remained constant at ₹248, representing a 65.33% change from the issue price.
BLS Polymers IPO Subscription Recap
Day-wise subscription
| Day | Date | Total bids (shares) | Bid value at upper band (₹ crore) | Subscribed (x) |
|---|---|---|---|---|
| Day 1 | Tue, Oct 27, 2026 | 11,43,75,200 | 1,715.63 | 9.61x |
| Day 2 | Wed, Oct 28, 2026 | 41,98,13,900 | 6,297.21 | 35.28x |
Category-wise subscription
| Category | Shares offered | Day 2 bids | Day 2 (x) |
|---|---|---|---|
| QIB | 34,00,000 | 4,14,77,500 | 12.20x |
| NII | 25,50,000 | 20,08,90,800 | 78.78x |
| of which individual NII | — | 19,46,85,200 | — |
| of which corporate NII | — | 10,00,500 | — |
| of which other NII | — | 52,05,100 | — |
| Retail | 59,50,000 | 17,74,45,600 | 29.82x |
| Total | 1,19,00,000 | 41,98,13,900 | 35.28x |
About BLS Polymers
BLS Polymers Ltd. manufactures custom formulated polymer compounds for industries including telecommunication, power, railways, and water, oil and gas distribution. As per the DRHP, the company produces materials such as high density polyethylene, medium-density polyethylene, linear low-density polyethylene, cross-linked polyethylene, halogen free flame retardant, polyvinyl chloride, and cable filling compounds. These products serve as raw materials for sheathing, jacketing, and insulation of wires and cables. Additionally, the company provides coating solutions for underground pipelines to protect infrastructure from corrosion and external environmental factors.
| Field | Value |
|---|---|
| IPO date | Tue, Oct 27, 2026 to Thu, Oct 29, 2026 |
| Listing date | Tue, Nov 3, 2026 |
| Face value | ₹10 per share |
| Price band | ₹142 to ₹150 per share |
| Lot size | 100 shares |
| Total issue size | 1,19,00,000 shares (₹179 crore) |
| Listing at | NSE & BSE |
| Lead managers | Unistone Capital Pvt Ltd. |
| Registrar | KFIN Technologies Ltd. |
BLS Polymers Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue from operations (₹ crore) | 3,494.28 | 3,284.36 | 2,963.58 |
| Total income (₹ crore) | 3,544.11 | 3,366.98 | 3,015.04 |
| Profit after tax (₹ crore) | 270.09 | 211.36 | 75.22 |
| Net worth (₹ crore) | 949.34 | 679.42 | 468.27 |
| Total borrowings (₹ crore) | 480.95 | 709.19 | 884.44 |
Revenue from operations grew from ₹3,284.36 crore in FY 2024-25 to ₹3,494.28 crore in FY 2025-26. Profit after tax increased from ₹211.36 crore in FY 2024-25 to ₹270.09 crore in FY 2025-26. The PAT margin, which represents profit as a percentage of revenue, reached 7.73% in FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹248, +65.33% versus ₹150.
- How much trades: 50,97,092 shares have changed hands so far.
- Company announcements and results are published on NSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Tue, Nov 3, 2026, 9:55 AM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.