BLS E-Services makes stellar debut; lists with 129% premium on the BSE
BLS E-Services has debuted at Rs 309.00 on the BSE, up by 174 points or 128.89% from its issue price of Rs 135.00.
The scrip is currently trading at Rs 323.65, up by 188.65 points or 139.74% from its issue price. It has touched a high and low of Rs 347.90 and Rs 302.75 respectively. So far 16.67 lakh shares were traded on the counter.
The offering, which was open for subscription between January 30, 2024 and February 1, 2024 was subscribed 162.47 times. The issue price was fixed at Rs 135 per share i.e. at upper end of price band of Rs 129-135 apiece.
BLS-E Services is a digital service provider that offers Business Correspondence services to major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level in India.
