BLS E-Services Secures Rs 13.75 Crore in Pre-IPO Placement

BLS E-Services, a subsidiary of BLS International Services, has successfully garnered Rs 13.75 crore in a pre-IPO placement, anticipating the filing of the red herring prospectus with the ROC.

The private placement involved 17 investors who acquired a total of 11 lakh equity shares at a price of Rs 125 per share. Key investors include Satnam Singh Takkar, Sandeep Srivastava, Vijay Kumar Agarwal, Rajya Vardhan Sonthalia, Shaurya Vardhan Sonthalia, and Tarun Chandmal Jain. The date of allotment for the 11 lakh shares was January 4.