BLS Polymers Limited

We are a manufacturer of multiple grades of custom formulated polymer compounds, catering to diversified critical industries such as telecommunication, power, railways, water, oil and gas distribution, among others. As per CRISIL Report, polymer compounds are used as an essential raw material for sheathing, jacketing and insulation of wires and cables used in power, telecommunication and railway industries as well as coating of underground oil, gas and water pipelines, in order to provide a protective infrastructure from corrosion and external environmental factors. For further details please refer to the chapter titled “Industry Overview” on page 160. Our product portfolio is well diversified to offer varied solutions in the wire and cables and 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 coating compounds. As per CRISIL Report, 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 CFC compounds 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 crucial functions in electrical insulation, mechanical protection, and overall cable performance. HDPE and adhesive coating 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 protecting high-capital-intensive pipelines from corrosion, chemicals and moisture, thereby ensuring long-term durability. For further details please refer to the chapter titled “Industry Overview” on page 160. Set forth below is a division wise break up of our revenue from operations during the three months period ended June 30, 2026 and preceding three Fiscals: Division For the three months Fiscal 2026 Fiscal 2025 Fiscal 2024 period ended June 30, (₹ in % of total (₹ in % of total (₹ in % of total (₹ in % of total Lacs) sales Lacs) sales Lacs) sales Lacs) sales Wire and 7,834.14 73.20% 28,279.63 80.93% 26,798.20 81.59% 23,852.98 80.49% Cables Industrial 2,868.41 26.80% 6,663.20 19.07% 6,045.39 18.41% 5,782.85 19.51% Pipelines Total 10,702.55 100.00% 34,942.83 100.00% 32,843.59 100.00% 29,635.83 100.00% Set forth below is a product wise break up of our revenue from operations during the three months period ended June 30, 2026 and preceding three Fiscals: Products For the three months Fiscal 2026 Fiscal 2025 Fiscal 2024 period ended June 30, (₹ in % of (₹ in % of (₹ in % of (₹ in % of lakhs) revenue lakhs) revenue lakhs) revenue lakhs) revenue from from from from operation operation operation operation s s s s PE 7,265.30 67.88% 18,417.41 52.71% 18,641.11 56.76% 19,935.45 67.26% (HDPE/MDPE/LLDPE/C FC/HFFR/MB/PP) XLPE 1,369.23 12.79% 4,891.03 14.00% 5,287.72 16.10% 5,013.63 16.92% PVC 171.00 1.60% 512.03 1.47% 434.85 1.32% 464.09 1.57% Others 1,897.02 17.72% 11,122.36 31.83% 8,479.91 25.82% 4,222.66 14.25% Total 10,702.55 100.0% 34,942.83 100.00% 32,843.59 100.00% 29,635.83 100.00% We manufacture and sell over 127 grades of various compounds and the same have been consolidated and represented in the aforementioned broad categories.

IPO Date

27 Oct 2026 – 29 Oct 2026

Face Value

₹10

Price Band

₹142–₹150

Lot Size

100 shares

Total Issue Size

—Not observed

Fresh Issue Size

₹255 Cr (1,70,00,000 equity shares)

Offer for Sale Size

—Not observed

Retail Portion

59,50,000 sharesShares offered, as recorded by the exchange

Issue Type

—Not observed

Listing At

BSE, NSE

Amounts in Cr are calculated at the upper price band. Equity-share counts are shown in parentheses. Missing values remain unreported.

Calculated at the upper price band. Retail bids are up to ₹2 lakh, small non-institutional bids above that up to ₹10 lakh, and big non-institutional bids above ₹10 lakh.

Shares

100

Application amount

₹15,000

1 lots × 100 shares × the top of ₹142–₹150. This calculates application size; it does not recommend applying.

The last reading in each 15-minute interval, including each day's final reading. Exchanges and categories stay separate. Lines stop across days, source changes and gaps over 20 minutes.

Last accepted reading for each IST day and category. Readings are not labelled final unless confirmed by the source.

Objects of the IPO

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
3. General Corporate Purposes

As the prospectus lists them, in its words; this is not an independent assessment. Amounts and timing are in the prospectus.

Read the objects in the original prospectus