BLS E-Services IPO Subscription Status
BLS E-Services IPO was subscribed 162.38 times when bidding closed on 1 Feb 2024: QIB 123.3x, NII 300.05x, Retail 236.53x.
The BLS E-Services IPO has been subscribed 162.38x times overall. Retail investors have shown interest with bids for 236.53x the shares available. The Non-Institutional Investor (NII) category has been subscribed 300.05x. Within NII, Big HNI (B-HNI) subscribed 305.27x and Small HNI (S-HNI) subscribed 289.59x. Qualified Institutional Buyers (QIBs) have subscribed 123.3x. Data last updated on 10 Nov, 06:31 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Jan, 2024 and closes on 01 Feb, 2024. The shares are expected to list on stock exchanges on 06 Feb, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 123.3x |
| NII | - of - - | 300.05x |
bHNI — bid amount above ₹10 Lakh |
- - | 305.27 |
sHNI — bid amount ₹2–10 Lakh |
- - | 289.59 |
| Retail | - of - - | 236.53x |
| Shareholder | - of - - | 15.32x |
| TOTAL | - - | 162.38x |
BLS E-Services IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 237 applicants will be successful.
Market Sentiment
Strong grey market premium of 130% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 123.3x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
01 Feb 2024
Day 3 |
162.38x | ▼ | |
|
QIB123.3x
BHNI305.27x
SHNI289.59x
Retail236.53x
Shareholder15.32x
|
|||
|
31 Jan 2024
Day 2 |
42.78x | ▼ | |
|
QIB2.68x
BHNI87.73x
SHNI106.81x
Retail125.46x
|
|||
|
30 Jan 2024
Day 1 |
15.67x | ▼ | |
|
QIB2.19x
BHNI26.3x
SHNI36.49x
Retail49.36x
|
|||
BLS E-Services IPO dates
From the bidding window to listing. Today is 11 November.
- Open 30 Jan 2024
- Close 01 Feb 2024
- Allotment 02 Feb 2024
- Refund/credit 05 Feb 2024
- Listing 06 Feb 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of BLS E-Services IPO?
As of IPO close date (01 Feb, 2024), the BLS E-Services IPO is subscribed 162.38x times. Retail category is 236.53x, and NII is 300.05x subscribed.
When is the allotment date for BLS E-Services IPO?
The allotment for BLS E-Services IPO is expected to be finalized on 02 February, 2024.
What is the GMP of BLS E-Services?
The Grey Market Premium (GMP) for BLS E-Services is currently ₹175, indicating a potential listing gain of 130%.
When will BLS E-Services IPO list on the stock market?
BLS E-Services is scheduled to list on BSE and NSE on 06 February, 2024.
What are the chances of getting allotment in BLS E-Services IPO?
The retail category is oversubscribed at 236.53x, meaning allotment is by lottery. Statistically, approximately 1 in 237 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 123.3x mean for BLS E-Services IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 123.3x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check BLS E-Services IPO allotment status?
After the allotment date (02 Feb, 2024), you can check your BLS E-Services IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore BLS E-Services IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
