Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

BLS E-Services IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 125  to  135 per share
Profile
Min Investment ₹135
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

BLS E-Services Limited is a dynamic tech company specializing in digital solutions and e-commerce services. Founded with a vision to revolutionize online experiences, BLS offers a diverse range of services including website development, e-commerce platforms, digital marketing, and software solutions tailored to client needs. With a commitment to innovation and customer satisfaction, BLS E-Services leverages cutting-edge technology to empower businesses in the digital landscape. Their team of skilled professionals combines expertise with creativity to deliver customized solutions that drive growth and efficiency for clients across various industries. BLS E-Services Limited prioritizes collaboration, transparency, and excellence in every project, fostering long-term partnerships with clients worldwide. By staying abreast of industry trends and embracing emerging technologies, BLS remains at the forefront of the digital revolution, providing innovative solutions that propel businesses forward in the ever-evolving online marketplace. Read More

Basic Info

Face Value 10 per share

Price 125  to  135 per share

P/E (x) 23.3

Sales( Cr.) 519

PAT( Cr.) 59

EPS 5.8

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

BLS International Services Limited.

Pre Issue Share Holding 31.95%

Post Issue Share Holding 24.7%

Listing Details:

Listing Price: 309

Listing Gain: 56.31%

Current Price: 222

Gain On Issue: 222 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 30, 2024
Closing Date Feb 01, 2024
Allotment Feb 02, 2024
Refund Feb 05, 2024
Delivery of Shares Feb 05, 2024
Listing Date Feb 06, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 108 14,580
Retail (Max) 13 1404 189,540
S-HNI (Min) 14 1512 204,120
S-HNI (Max) 68 7344 991,440
B-HNI (Min) 69 7452 1,006,020

Objective of the Issue

1. Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms. 2. Funding initiatives for organic growth by setting up of BLS Stores. 3. Achieving inorganic growth through acquisitions. 4. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 17272500 2129699250 123.3x
NII 3454500 1036522725 300.1x
Retail 2303000 544728590 236.5x
EMP 0 0 0x
Total 23030000 3739611400 162.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

BLS E-Services Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 64 97 243 301 519
Other Income 1 2 3 8 26
Total Income 65 98 246 310 546
Total Expenditure 60 90 210 260 459
Operating Profit 5 9 36 50 86
Interest 1 1 4 1 1
Depreciation 0 1 3 3 6
Exceptional Income / Expenses 0 0 -3 0 0
Profit Before Tax 4 7 27 46 79
Provision for Tax 1 1 7 12 20
Profit After Tax 3 5 20 34 59
Adjustments 0 0 -1 -2 -6
Profit After Adjustments 3 5 19 31 53
Adjusted Earnings Per Share 1 1.8 2.8 3.5 5.8

BLS E-Services Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 10 15 107 431 483
Minority's Interest 0 0 5 7 36
Borrowings 0 7 0 0 0
Other Non-Current Liabilities -2 3 1 5 4
Total Current Liabilities 31 28 64 66 149
Total Liabilities 38 53 177 509 671
Fixed Assets 8 15 88 93 148
Other Non-Current Assets 9 12 19 107 218
Total Current Assets 21 27 70 308 306
Total Assets 38 53 177 509 671

BLS E-Services Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 7 6 16 30
Cash Flow from Operating Activities 9 20 29 20 67
Cash Flow from Investing Activities -1 -14 -66 -295 -23
Cash Flow from Financing Activities -5 -8 46 290 -4
Net Cash Inflow / Outflow 3 -1 10 15 40
Closing Cash & Cash Equivalent 7 6 16 30 71

BLS E-Services Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.05 1.79 2.83 3.46 5.79
CEPS(Rs) 1.07 2.06 3.46 4.06 7.16
DPS(Rs) 0 0 0 0 1
Book NAV/Share(Rs) 0.47 2.26 16.03 47.45 53.13
Core EBITDA Margin(%) 7.36 7.2 13.63 13.9 11.57
EBIT Margin(%) 8.41 8.1 12.74 15.47 15.42
Pre Tax Margin(%) 6.08 7.01 11.1 15.16 15.24
PAT Margin (%) 4.88 5.56 8.36 11.12 11.32
Cash Profit Margin (%) 5 6.41 9.51 12.24 12.52
ROA(%) 8.27 11.8 17.69 9.78 9.97
ROE(%) 223.91 131.21 35.75 12.47 12.87
ROCE(%) 26.2 35.2 47.37 17.33 17.52
Receivable days 50.07 32.82 20.1 26.28 41.68
Inventory Days 0 0 0.84 1.3 0.73
Payable days 14.02 27.45 227.16 40.43 361.73
PER(x) 0 0 0 89.7 25.77
Price/Book(x) 0 0 0 6.53 2.81
Dividend Yield(%) 0 0 0 0 0.67
EV/Net Sales(x) 0.03 -0.05 0.09 8.51 2.43
EV/Core EBITDA(x) 0.31 -0.56 0.6 51.29 14.64
Net Sales Growth(%) 0 49.95 151.36 24.03 72.27
EBIT Growth(%) 0 44.53 295.29 50.56 71.7
PAT Growth(%) 0 70.88 277.94 64.95 75.36
EPS Growth(%) 0 70.88 58.05 22.14 67.4
Debt/Equity(x) 7.83 1.29 0 0 0
Current Ratio(x) 0.67 0.96 1.1 4.69 2.06
Quick Ratio(x) 0.67 0.96 1.09 4.66 2.05
Interest Cover(x) 3.62 7.41 7.76 50.27 85.71
Total Debt/Mcap(x) 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 72% 75% 0% 0%
Operating Profit CAGR 72% 112% 0% 0%
PAT CAGR 74% 128% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 5% NA% NA% NA%
ROE Average 13% 20% 83% 83%
ROCE Average 18% 27% 29% 29%

Company Contact Information

BLS E-Services Ltd.

G-4 B-1, Extension Mohan Co-operative Indl. Estate Mathura Road South Delhi

IPO Lead Manager(s)

BLS E-Services Ltd.

Unistone Capital Pvt Ltd.

Registrar Info

BLS E-Services Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp