The BLS Polymers IPO allotment is expected to be finalised today, October 30, after the issue got subscribed 241.22 times. Investors who applied for the Rs. 255 crore offer are waiting for results. Shares will list on November 3, with a potential listing gain of 46.67% based on current trends.

The BLS Polymers IPO allotment is expected to be finalised today, October 30, after an overwhelming response from investors. The Rs. 255 crore initial public offering (IPO), which was open for subscription from October 27 to October 29, saw a massive overall subscription of 241.22 times.

Investors who applied for the issue are now waiting to know whether they will receive shares. The company's shares are scheduled to list on the BSE and NSE on November 3, while refunds and demat credit are expected to take place on November 2.

BLS Polymers IPO Subscription Status

The BLS Polymers IPO received an excellent response from investors during its three-day subscription period. According to the final subscription figures, the issue was subscribed 241.22 times overall. Non-Institutional Investors (NII) segment leading the subscription race at 559.20 times, followed by Qualified Institutional Buyers (QIBs) at 200.25 times and retail investors at 128.36 times.

For retail investors, the competition was also intense. Based on the application figures, the estimated chances of receiving an allotment could be around 1 in 96 applicants.

BLS Polymers IPO GMP Today

The BLS Polymers IPO is also attracting attention in the grey market ahead of its expected listing on November 3.

As of October 30, the current grey market premium stands at Rs. 70 per share, according to InvestorGain. At the upper price band of Rs. 150, this indicates an estimated listing price of around Rs. 220 per share, translating into a potential listing gain of 46.67%. The GMP has increased from Rs. 51 on October 29.

How to Check BLS Polymers IPO Allotment Status Online?

Investors who applied for the BLS Polymers IPO can check their allotment status through the NSE website or the IPO registrar, KFin Technologies.

1. Check BLS Polymers IPO Allotment Status on NSE

Visit the official NSE website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Select 'Equity & SME IPO bid details'.

Choose 'BLSPOLY' from the symbol dropdown.

Enter your application number or PAN details.

Submit the details to check your IPO application status.

2. Check BLS Polymers IPO Allotment Status on KFin Technologies

Visit the KFin Technologies IPO allotment website: https://ipostatus.kfintech.com/

Select BLS Polymers from the IPO list.

Choose the required search option.

Enter your application number, demat account number or PAN.

Submit the details to view your allotment status.