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BLSX ₹22.00 ▼ 15.4% 1M
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BLSX Unlisted Shares

Industrial Manufacturing Industrial rubber hoses and rubber-to-metal components

BLSX Limited is a Hyderabad-based maker of industrial rubber hoses, used in dredging, mining, steel plants and oil and gas. It also makes bridge bearings, expansion joints and other rubber-to-metal parts, and says it has over 30 years of experience.

Read the full company profile
Indicative price
As of 23 Oct 2026
₹22.00 ▼ 15.38% in 1 month
Key facts

BLSX share details

Lot size
2,500 shares
Min. investment
₹55,000
Face value
₹1
Headquarters
Hyderabad, Telangana
Website
blsxltd.com
ISIN
INE0MDG01016
CIN
U29309TG2022PLC163679
Lock-in after IPO
6 months
Price history

BLSX share price chart

1Y change
-21.43%
High
₹28.00
Low
₹22.00

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About BLSX

BLSX Limited is a Hyderabad-based manufacturer of industrial rubber hose systems. Its hoses carry water, slurry, oil, gas and chemicals in tough conditions. The company says it is ISO certified and that it tests every product in-house before dispatch. The product range is wide. On its website BLSX lists dredging and floating hoses, slurry suction and discharge hoses, oil and gas hoses, PTFE-lined chemical hoses, UHMWPE-lined hoses, ceramic hoses and water transfer hoses. It says it can make large-bore hoses up to 1,200mm. Beyond hoses, it also makes defence and bridge components such as POT/PTFE bearings, elastomeric bearings, expansion joints, tank track pads and bullet blocks. BLSX sells to dredging, mining, steel, oil and gas, port, water treatment and defence customers. Its website carries testimonials from groups such as Adani, Wipro, JSW Steel and MEIL. Recent projects shown include dredging work in Kerala. The company says it operates across India, the UK and the Middle East. The website traces the business back to 1986, when it laid the foundation of its industrial rubber manufacturing. Expansion into industrial hoses came in 2010, followed by dredging hoses, pipelines and infrastructure work in 2020. The listed entity, BLSX Limited, is a public limited company with CIN U29309TG2022PLC163679. Mr. Vipul Trivedi is the Chairman and Mr. Unmesh Trivedi is the Managing Director. BLSX is not listed on any stock exchange and has no IPO journey on IPO Guru yet. Its shares trade off-market through unlisted-share dealers, so prices are only indicative and depend on what buyers and sellers agree. IPO Guru shows an indicative price of ₹22 with a lot size of 2500 shares. We could not find a published annual report or a DRHP for the company, so no financial figures are shown on this page.

Strengths

  • The company says it has over 30 years of engineering experience in rubber products, and traces its industrial rubber roots to 1986.
  • It offers a wide product range, with over 30 hose varieties and 1500 products according to its website, covering dredging, mining, oil and gas, chemical and water uses.
  • Large-bore capability up to 1,200mm lets it serve dredging and port projects that need big hoses.
  • It sells beyond hoses into bridge bearings, expansion joints and defence components, which spreads its business across more than one end market.
  • The company says it holds ISO 14001 and ISO 45001 certifications and tests all its products in-house.
  • Its website carries customer testimonials from large groups such as Adani, Wipro, JSW Steel and MEIL.

Risks

  • No annual report, DRHP or audited financials were available from the company or an exchange, so revenue, profit and debt cannot be checked.
  • The testimonials, product counts and experience claims come from the company's own website and are not independently verified.
  • Demand depends on cyclical sectors such as dredging, mining, steel and oil and gas, where project spending can slow down.
  • Industrial hose making is a competitive field with established domestic and international makers.
  • The company makes rubber products, so input costs such as rubber, steel and chemicals can affect its margins.
  • BLSX is unlisted and has not filed for an IPO. Unlisted share prices are indicative, trading volumes are thin and exit may be difficult.
  • The business history on the website goes back to 1986, but the company in its current form was incorporated much later, so older track record may sit in other entities.
Leadership

Management team

Mr. Vipul Trivedi
Chairman
Industrialist with over four decades of experience across manufacturing and infrastructure.
Mr. Unmesh Trivedi
Managing Director
Leads growth, modernisation and the global expansion of the business.
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FAQs

BLSX unlisted shares: common questions

Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.

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