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Issue Open Date
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27-Oct-26
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Issue Closing Date
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29-Oct-26
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Application Money
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100
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Allotment Money
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Price Band
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142
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150
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Minimium Application No.
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100
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Issue Size (Shares)
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17000000
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Market Lot
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1
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Objective
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1. Financing the capital expenditure requirement towards expansion of our existing manufacturing facility at Goa (“Manufacturing Facility”) by increasing the manufacturing capacity of certain of our existing products;2. Funding working capital requirements of our Company; and3. General Corporate Purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
We are a manufacturer of multiple grades of custom formulated polymer compounds, catering to diversifiedcritical industries such as telecommunication, power, railways, water, oil and gas distribution, among others.Polymer compounds are used as an essential raw material for sheathing, jacketing and insulation of wires andcables used in power, telecommunication and railway industries as well as coating of underground oil, gas andwater pipelines, in order to provide a protective infrastructure from corrosion and external environmental factors.(Source: CRISIL Report) Our product portfolio is well diversified to offer varied solutions in the wire and cablesand infrastructure industry, and included products such as, high density polyethylene compounds (“HDPE”),medium-density polyethylene compounds (“MDPE”) and linear low-density polyethylene compounds(“LLDPE”), cross-linked polyethylene compounds (“XLPE”), halogen free flame retardant compounds(“HFFR”), polyvinyl chloride compounds (“PVC”), cable filling compounds (“CFC”) and adhesive coatingcompounds. HDPE, MDPE and LLDPE compounds are used in the wire and cable industry which offer insulation,sheathing and jacketing based on the indicative requirement of the customer. While, XLPE, HFFR, PVC and CFCcompounds add qualities such as strength, high voltage insulation and resistance, fire resistance and moisture resistance, as per the application of the end use product. In the wire and cable industry, polymers serve crucialfunctions in electrical insulation, mechanical protection, and overall cable performance. HDPE and adhesivecoating compounds are key layers of 3LPE (three layer polyethylene) system (“3LPE Coating” i.e. Pipe Coating)used for coating of oil, gas and water distribution pipelines. 3LPE Coating is an effective solution for protectinghigh-capital-intensive pipelines from corrosion, chemicals and moisture, thereby ensuring long-term durability.
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Promoter's Holding
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Total Share Capital
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44370683
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Offered to Public
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17000000
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Promoter's Holding (Pre-Issue)
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98.53
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Promoter's Holding (Post-Issue)
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Address |
604
Indra Prakash
21
Barakhamba Road
New Delhi
,
Delhi
,
110001
Phone :
011-43526312
Email :
corporate@blspolymers.com
Website :
www.blspolymers.com
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Registrar |
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
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Unistone Capital Pvt Ltd.
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Promoters |
Diwakar Aggarwal
Karan Aggarwal
Madhukar Aggarwal
Sushil Aggarwal
Vinod Aggarwal
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