Blockbuster IPO debut of BLS Polymers; 3 times premium as compared to Jio Platforms - All details for investors here
New Delhi, Nov. 3 -- BLS Polymers made a blockbuster debut on the NSE, listing at Rs.248 against its IPO price of Rs.150. This translated into a listing premium of 65.33%, giving investors a gain of Rs.98 per share on the day of listing. The stock listed at a massive premium, outshining even the iconic Jio Platforms.
The performance was particularly notable when compared with Jio Platforms, whose shares opened at Rs.1,358, up 21.36% over the issue price of Rs.1,119. BLS Polymers delivered a significantly larger percentage return relative to its IPO price.
In percentage terms, BLS Polymers' listing premium of 65.33% was more than three times Jio Platforms' 21.36% premium. This made BLS Polymers' market debut considerably stronger on a pe...
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