FinanceFriday, October 30, 20261 min read

BLS Polymers IPO allotment likely today; GMP hints at 45% listing gain. Here's how to check status

By Economic Times Markets · Published by Everything Blog

In short

BLS Polymers concluded its entirely fresh share sale with an issue price set between Rs 142 and Rs 150 per share. Bidders can verify their share allocation on the KFin Technologies, BSE, or NSE portals using their PAN, application number, or DP/Client ID. Grey market trends point to a debut price near Rs 218 per share based on a Rs 68 premium. The company ended fiscal year 2026 with a profit after tax of Rs 27 crore on total income of Rs 354 crore.

Key points

Strong grey market premiums point to an estimated listing day surge of about 45 percent.: Strong grey market premiums point to an estimated listing day surge of about 45 percent.
Allotment verification is accessible via registrar KFin Technologies alongside the BSE an…: Allotment verification is accessible via registrar KFin Technologies alongside the BSE and NSE portals.
Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside ge…: Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside general corporate spending.

Sources checked by our analysis pipeline: 1

Investors can expect an update on their allotment status today, which will determine whether they have received shares in the heavily subscribed issue. BLS Polymers shares are scheduled to list on the BSE and NSE on November 3, 2026.

Adding to the buzz around the IPO, its grey market premium (GMP) is currently hovering around 45%, indicating strong unofficial expectations of listing gains. However, GMP is an unofficial indicator and should not be considered a guarantee of listing performance, as it can fluctuate before the shares debut on the exchanges.

The IPO, which opened for subscription on October 27 and closed on October 29, received an overwhelming response, with an overall subscription of 241.22 times. Demand was particularly strong from non-institutional investors (NIIs), whose category was subscribed 559.20 times. Qualified institutional buyers (QIBs) subscribed 200.25 times, while the retail individual investors' portion received bids 128.36 times the shares on offer.

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The Rs 255 crore book-built issue comprises an entirely…

AI Analysis

Tone

Positive

In short

Key Points

Strong grey market premiums point to an estimated listing day surge of about 45 percent.: Strong grey market premiums point to an estimated listing day surge of about 45 percent.
Allotment verification is accessible via registrar KFin Technologies alongside the BSE an…: Allotment verification is accessible via registrar KFin Technologies alongside the BSE and NSE portals.
Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside ge…: Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside general corporate spending.

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Finance

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AI Analysis

Tone

Positive

In short

Key Points

Strong grey market premiums point to an estimated listing day surge of about 45 percent.: Strong grey market premiums point to an estimated listing day surge of about 45 percent.
Allotment verification is accessible via registrar KFin Technologies alongside the BSE an…: Allotment verification is accessible via registrar KFin Technologies alongside the BSE and NSE portals.
Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside ge…: Working capital needs will absorb Rs 89.50 crore of the freshly raised funds alongside general corporate spending.

Topics

Finance

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BLS Polymers IPO allotment likely today; GMP hints at 45% listing gain. Here's how to check status

In short

Key points

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