BLS E-Services IPO price band: The BLS E-Services Limited IPO price band has been set in the range of ₹129 to ₹135 per equity share of the face value of ₹10. The subscription date of BLS E-Services IPO is scheduled for Tuesday, January 30, and will close on Thursday, February 01. The allocation to anchor investors for the BLS E-Services IPO is scheduled to take place on Monday, January 29. .
The floor price is 12.90 times the nominal value of the equity shares and the limit price is 13.50 times the nominal value of the equity shares. The price to earnings ratio at the floor price is 42.72 times and the cap price is 44.70 times based on the basic and diluted EPS. BLS E-Services IPO lot size is 108 equity shares and in multiples of 108 equity shares thereafter.
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BLS E-Services Limited IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIBs), not more than 15% for non-institutional Institutional Investors (NIIs), and not more than 10% of the offer is reserved for retail investors.
Provisionally, BLS E-Services IPO basis of allotment of shares will be finalized on Friday, February 2, and the company will initiate refunds on Monday, February 5, while the shares will be credited to the demat account of allottees in the same day following. refund The share price of BLS E-Services is likely to be listed on BSE and NSE on Tuesday, February 6.
BLS E-Services IPO Details
BLS E-Services IPO only consists of a fresh issue of 2,30,30,000 crore equity shares of the subsidiary of the listed business BLS International Services. There is no offer-sale component to the BLS E-Services IPO.
(more to come)
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Published: 24 Jan 2024, 09:25 IST