BLS Polymers shares open 65.3% above IPO price
RYCEF
0.4000
The China Mail - BLS Polymers shares open 65.3% above IPO price
USD
-
AED 3.6725
AFN 64.999753
ALL 81.357903
AMD 360.070206
ANG 1.789785
AOA 916.999886
ARS 1547.804802
AUD 1.431967
AWG 1.8
AZN 1.698444
BAM 1.749538
BBD 2.014491
BDT 124.528133
BGN 1.747831
BHD 0.377583
BIF 3003.578138
BMD 1
BND 1.281242
BOB 12.077109
BRL 5.495098
BSD 1.000179
BTN 94.816173
BWP 13.835763
BYN 2.972269
BYR 19600
BZD 2.011629
CAD 1.399245
CDF 2310.000029
CHF 0.820625
CLF 0.024903
CLP 980.079958
CNY 6.648298
CNH 6.66905
COP 3221.04
CRC 453.886752
CUC 1
CUP 24.004938
CVE 98.634512
CZK 21.749295
DJF 178.109947
DKK 6.678475
DOP 60.273458
DZD 136.097969
EGP 55.310203
ERN 15
ETB 164.160301
EUR 0.89361
FJD 2.24675
FKP 0.745229
GBP 0.744857
GEL 2.594977
GGP 0.745229
GHS 11.657572
GIP 0.745229
GMD 73.501199
GNF 8859.468647
GTQ 7.64648
GYD 209.660034
HKD 7.84545
HNL 26.882427
HRK 6.76901
HTG 131.102375
HUF 325.79404
IDR 18146
ILS 3.16155
IMP 0.745229
INR 94.68185
IQD 1516.318471
IRR 1879653.99949
ISK 121.68022
JEP 0.745229
JMD 158.643546
JOD 0.709044
JPY 158.455035
KES 129.960118
KGS 87.449896
KHR 4085.338581
KMF 440.000264
KPW 899.999961
KRW 1343.319953
KWD 0.31148
KYD 0.833527
KZT 452.670185
LAK 22526.165131
LBP 89568.029341
LKR 332.77574
LRD 170.033098
LSL 16.671885
LTL 2.95274
LVL 0.60489
LYD 6.418198
MAD 9.82937
MDL 18.093747
MGA 4540.656588
MKD 55.003284
MMK 2099.543828
MNT 3601.136904
MOP 8.083013
MRU 40.599338
MUR 47.297294
MVR 15.459954
MWK 1734.315528
MXN 18.67232
MYR 4.075298
MZN 63.902382
NAD 16.67181
NGN 1344.779601
NIO 36.81009
NOK 9.286015
NPR 151.705877
NZD 1.78017
OMR 0.3845
PAB 1.000358
PEN 3.4665
PGK 4.486924
PHP 63.492959
PKR 276.680651
PLN 3.94486
PYG 5974.621946
QAR 3.646073
RON 4.773984
RSD 105.071011
RUB 81.627534
RWF 1479.291529
SAR 3.764539
SBD 8.058206
SCR 13.710048
SDG 601.491994
SEK 9.801555
SGD 1.280875
SHP 0.748335
SLE 22.898941
SLL 20969.504398
SOS 571.607478
SRD 37.542025
STD 20697.981008
STN 21.916093
SVC 8.752125
SYP 13001.999685
SZL 16.65623
THB 33.756957
TJS 9.191837
TMT 3.5
TND 2.988653
TOP 2.40776
TRY 49.997797
TTD 6.780571
TWD 32.801801
TZS 2643.994985
UAH 45.664104
UGX 4225.799382
UYU 40.208782
UZS 11927.721621
VES 887.479805
VND 25766
VUV 118.901474
WST 2.774695
XAF 586.169905
XAG 0.02002
XAU 0.000254028253
XCD 2.70255
XCG 1.802576
XDR 0.707052
XOF 586.169905
XPF 106.682172
YER 236.199248
ZAR 16.58749
ZMK 9001.202813
ZMW 20.269255
ZWL 321.999592
SSP 5745.200537
MXV 2.102322
- Vessel operator seeks witnesses after Vancouver grounding
- Godzilla Minus Zero shifts focus toward postwar human drama
- US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
- Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
- Bezos grant helps Seattle nonprofit move thousands of families toward housing
- Seacliff Healthcare Seeks Specialist GP in Thirroul
- Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
- US stocks fall before midterm Election Day as technology shares weaken
- Nearly Half of Australian Workers Overqualified, Survey Finds
- BLS Polymers makes strong market debut at ₹248 per share
BLS Polymers shares open 65.3% above IPO price
BLS Polymers share price today:BLS Polymers shares made a strong debut on the stock exchanges on Tuesday, delivering listing gains of over 65 per cent to the IPO investors. The shares listed at ₹248 on the National Stock Exchange (NSE), a premium of ₹98 or 65.
BLS Polymers share price today:BLS Polymers shares made a strong debut on the stock exchanges on Tuesday, delivering listing gains of over 65 per cent to the IPO investors. The shares listed at ₹248 on the National Stock Exchange (NSE), a premium of ₹98 or 65.3 per cent over the IPO issue price of ₹150. On the BSE, the stock opened at ₹244.10, up ₹94 or 62.66 per cent against the issue price. The counter extended its listing gains to trade at ₹258.60 on the BSE around 10:10 AM, up 72.4 per cent from the IPO price and 6 per cent above its listing price. BLS Polymers, which operates in the specialty chemicals industry, commanded a market capitalisation of ₹1,605.07 crore. The company had fixed the price band at ₹142-150 per share for its initial public offering. The issue was subscribed 9.
60 times on the first day of bidding. At the end of the bidding, BLS Polymers IPO, which was entirely a fresh issue of 1. 7 crore equity shares, was booked 241. 22 times, driven by strong demand from non-institutional investors (NIIs).
The ₹255 crore IPO received bids for 2,87,05,58,600 equity shares, worth Rs 43,058. 25 crore, against 1,19,00,000 shares on offer, as per the NSE data. The quota for non-institutional investors received 559. 20 times subscription, while the category for qualified institutional buyers (QIBs) was subscribed 200.
25 times. The retail portion was booked 128. CHECK Stock Market LIVE Updates
BLS Polymers manufactures custom-formulated polymer compounds used in industries such as telecommunications, power, railways, water, and oil and gas distribution. The company operates a manufacturing facility in Goa with an installed capacity of 35,251 metric tonnes per annum. It operates across 23 states and Union Territories in India and exports products to 13 countries, including the US, Germany, Saudi Arabia, the UAE, and Bangladesh. Established in 1991, the company is part of the BLS Group, which has interests in textiles, education, polymers, visa and consular services, banking business correspondent services and e-governance.
W.Tam--ThChM
