Athira Sethu
Kochi, 4 November 2026
BLS Polymers stock will be on focus on Wednesday after it entered the Indian share market in an impressive manner on Tuesday, November 3, 2026. BLS Polymers’ share was listed at a considerably high price compared to the company’s IPO price, allowing the early investors huge profits.
The share was priced at ₹248 per share at the National Stock Exchange (NSE). This meant a profit of 65.33% above the IPO price of ₹150 per share.
At the Bombay Stock Exchange (BSE), the share was listed at ₹244.10 per share, indicating a 62.73% rise from the IPO price.
Investors Make Good Gains
The early investors who participated in the IPO witnessed good profits upon listing of the shares.
The minimum investment in the IPO was ₹15,000 per one lot of 100 shares. This means that per lot, the total value of the investment was ₹24,800 when listed at the NSE.
This indicated a profit of ₹9,800 per lot.
Massive Investor Response to BLS Polymers’ IPO
BLS Polymers made ₹255 crore from its IPO on selling 1.7 crore shares.
The IPO had massive subscription from investors as it was oversubscribed 241.22 times.
BLS Polymers got total subscription bids of approximately ₹43,058 crore from its investors.
Subscription bids from non-institutional investors were made 559.20 times their allotted number. QIBs have bid 200.25 times, and retail investors 128.36 times.
Before the IPO, BLS Polymers has managed to get ₹76.50 crore from anchor investors.
Future Plans of Company to Expand Manufacturing
BLS Polymers will use its proceeds from the IPO for expanding its business.
Approximately ₹77.56 crore will be used for the expansion of its manufacturing plant.
An amount of ₹89.50 crore will be used to meet its working capital requirements.
Other funds will be utilized for general business purposes.
Also, the company expects that its stock market listing will boost its brand image and bring it more customers.
