BLS E-Services Ltd Company : Shares of BLS E-Services NSE: BLSE have created a stir in the market on the very first day. The shares of the company more than tripled the money of investors from the moment they first entered the market.
Shares of BLS E-Services is listed on the Bombay Stock Exchange at Rs 309 with a gain of 129 percent. In the IPO, investors got shares of BLS e-Services for Rs 135.
The shares of the company was listed as Rs. 305, on the National Stock Exchange with an average premium of 126%.Today, the share price is at Rs 366 with 171.11 percent gain.
Tremendous Rise Even After Listing
Immediately after the listing, there was a tremendous rise in the shares of BLS E-Services. Shares of the company have reached Rs 333.95 with a rise of more than 8 percent.
Investors have got huge benefits from the IPO of BLS e-Services. The IPO of BLS E-Services was made available for registration on the 30th of January, 2024, and will be accessible until February 1. The price range of the firm’s IPO was from Rs 129 to 135 rupees.
The company’s shares have been allotted at Rs 135 in the IPO. Retail investors could place bets for a maximum of 13 lots in the company’s IPO.
Bets Placed On IPO More Than 162 Times
Its IPO for BLS E-Services has been viewed a total of 162.38 times. In the company’s IPO, there were 236.53 times bets in the retail investors category.
At the same time, the quota of Non-Institutional Investors (NII) has been subscribed 300.05 times. The quota of Qualified Institutional Buyers (QIB) in the IPO has been subscribed to 123.30 times.
At the same time, a 15.30 times subscription has been received in other categories. The total amount of the company’s shares totaled 310.91 crore.
About BLS E-Services Ltd Company
BLS E-Services stands as the most technologically enabled electronic service provider in India. It provides a wide array of services which include business Correspondence services and assisted E-services, as well as E-Government Services.
With its extensive system of network connections, BLS E-Services plays a crucial role in providing access to a broad range of vital public utilities including healthcare as well as education, finance agriculture, banking, and other services.
The range of services offered caters to both governments and businesses as well as meeting the varied demands of people across rural, semi-urban, urban remote, and semi-urban regions.
Utilizing a unique, system of business that is integrated, BLS E-Services bridges the digital divide in areas of little internet connectivity by offering both physical and digital solutions.
Fundamental Analysis of BLS E-Services Ltd
| Market Cap | ₹ 3,325 Cr. |
| Current Price | ₹ 366 |
| 52-wk High | ₹ 371 |
| 52-wk Low | ₹ 303 |
| Stock P/E | 163 |
| Book Value | — |
| Dividend | 0.00 % |
| ROCE | 45.1 % |
| ROE | 33.4 % |
| Face Value | ₹ 10.0 |
| P/B Value | — |
| OPM | 13.6 % |
| EPS | ₹ 2.83 |
| Debt | ₹ 7.88 Cr. |
| Debt to Equity | 0.07 |
BLS E-Services Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹370 | ₹395 |
| 2025 | ₹400 | ₹422 |
| 2026 | ₹432 | ₹454 |
| 2027 | ₹478 | ₹500 |
| 2028 | ₹521 | ₹532 |
| 2029 | ₹550 | ₹565 |
| 2030 | ₹570 | ₹600 |
BLS E-Services Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | — |
| 2020 | — |
| 2021 | ₹ 64 Cr |
| 2022 | ₹ 97 Cr |
| 2023 | ₹ 243 Cr |
Last 5 Years’ Net Profit:
| 2019 | — |
| 2020 | — |
| 2021 | ₹ 3 Cr |
| 2022 | ₹ 5 Cr |
| 2023 | ₹ 20 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | — |
| 2020 | — |
| 2021 | 7.83 |
| 2022 | 1.29 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Current Year: | 278% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Last Year: | 33% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Current Year: | 151% |
Conclusion
This article is a complete guide about BLS E-Services Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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