| Company Name | BLS E-Services Limited |
| Open Date | 30-01-2024 |
| Close Date | 01-02-2024 |
| Exchange | BSE, NSE |
| Lot Size | 108 Shares |
| Issue Price | ₹129 to ₹135 per share |
| Issue Size | 23,030,000 shares |
| Application Amount | Min. Inv. - ₹ 14,580 (108 shares) Max. Inv. – ₹ 1,89,540 (1,404 shares) |
| Recommendation | Avoid |
BLS E-Services Limited was originally incorporated in the year 2016 and has its registered office in New Delhi, India.The company is a technology-enabled digital service provider, providing (i) Business Correspondents services to major banks in India, (ii) Assisted E-services; and (iii) E-Governance Services at grassroots levels in India.The company provide access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural and banking services for governments (G2C) and businesses (B2B).As of 30th November 2023, the Company had 791 employees on its payroll.
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Sept-23 |
| Total Assets | 40.59 | 55.93 | 179.47 | 213.77 |
| Net Assets | 9.68 | 15.07 | 106.94 | 120.37 |
| Total Borrowings | 11.02 | 8.76 | - | - |
| Total Revenue | 65.23 | 98.40 | 246.29 | 158.05 |
| Profit After Tax | 3.15 | 5.38 | 20.33 | 14.68 |
| Opening Date | 30/01/2024 |
| Closing Date | 01-02-2024 |
| Basis of Allotment | 02-02-2024 |
| Initiation of Refunds | 05-02-2024 |
| Credit of Shares to Demat | 05-02-2024 |
| Listing Date | 06-02-2024 |
| Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms. |
| Funding initiatives for organic growth by setting up of BLS Stores. |
| Achieving inorganic growth through acquisitions. |
| General Corporate Purposes. |
| Registered Office | BLS E-Services Limited G-4B-1, Extension, Mohan Co-operative Indl. Estate Mathura Road, South Delhi, New Delhi – 110044, India |
| Phone | +91-11- 45795002 |
| cs@blseservices.com | |
| Website | https://www.blseservices.com/ |
| BLS E-Services IPO DRHP |
| BLS E-Services IPO RHP |
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| mb@unistonecapital.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| QIB | 6,218,154 (27.00%) |
| NII | 3,109,050 (13.50%) |
| RII | 2,072,700 (9.00% |
| Anchor investors | 9,327,096 (40.50%) |
| Share Holding Pre Issue (Promoters) | 92.28 % |
| Share Holding Post Issue (Promoters) | 68.89 % |