BLS E-Services Ltd. has announced public offering of 23030000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 125.00 per share. The gross proceeds of the issue are expected to be Rs 31,090.50 lakhs.

The company's initial public offer (IPO) will open on 30 January 2024 and is expected to close on 01 February 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 129.00-135.00 per share.

The IPO includes a fresh Issue of 23030000 Equity Shares of the Company at an price of Rs 135.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 108 shares with bids in multiples of 108.

BLS E-Services Ltd. anticipates using the proceeds of the issue for .

Unistone Capital Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.