The BLS E-Services Limited is coming up with an Initial Public Offer, BLS E-Services IPO shall be open on Tuesday 30, January, 2024 and shall remain open till Thursday 1, February, 2024.The allotment of BLS E-Services is expected to be finalised by Friday, February 2, 2024. tentative listing date is Tuesday, February 6, 2024.


Company Profile

BLS E-Services Incorporated in April 2016, provides Citizen Centric Services in various states of India. BLS E- Services has developed its own dedicated, comprehensive and web-enabled services portal to access various services provided by the Government and Service partners. 

BLS render end-to-end integrated solution to various services availed through this portal. By using BLS platform, various services of the Government can be availed at the click of a button. BLS also provides for online verification of various certificates issued by multiple Departments. The company offer services majorly in 3 Categories (i) Business Correspondents Services; (ii) Assisted E-services; and (iii) E-Governance Services.

The BLS CSCs are operated by self-employed youth called Village Level Entrepreneur (VLE), also called Service Centre Operator (SCO), in remote corners of the state who besides eking their livelihood provide a decentralized self-governance backbone to the administrative system. 



IPO Details


BLS E-Services IPO Price Band : ₹ 129 to ₹ 135 per share. 

BLS E-Services IPO Face Value : ₹ 10 per share

BLS E-Services IPO Opening : Tuesday, 30 January, 2024

BLS E-Services IPO Closing: Thursday, February 1, 2024

BLS E-Services Basis of Allotment : Friday, February 2, 2024

BLS E-Services Initiation of Refunds : Monday, February 5, 2024

BLS E-Services IPO Credit of Shares to Demat : Monday, February 5, 2024

BLS E-Services IPO Listing Date : Tuesday, February 6, 2024


Minimum Lot Size


For Retail Individual Investor is 1 Lot i.e. 108 Shares amounting to  ₹ 14580; and

For sNII is 14 Lots i.e. 1,512 shares, amounting to ₹ 204,120; and 

For bNII, it is 69 Lots (7,452 shares), amounting to ₹ 1,006,020.


Objects of the BLS E-Services IPO 

  • 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; and
  • General Corporate Purposes

BLS E-Services IPO recommendations by the leading analyst and leading stock brokers.

  • Anand Rathi - Apply
  • Canara Bank Securities Ltd - Apply
  • Reliance Securities - Apply
  • Swastika Investmart Ltd - Apply
  • Ventura Securities Limited - Apply