Dentons Link Legal acted as the sole legal counsel for the Initial Public Offering of equity shares of BLS E-Services Limited (“the Company”) aggregating to Rs.30,929.29 lakhs (“the Issue”). The Issue was subscribed over 162 times overall, the retail category was subscribed over 236.53 times, the qualified institutional buyers category was subscribed over 123.30 times and the non-institutional buyers category was subscribed over 300.05 times.

BLS E-Services Limited is a technology enabled digital service provider, providing (i) Business Correspondents services to major banks in India, (ii) Assisted E-services; and (iii) E-Governance Services at grass root levels in India. Through its robust network the Company provides access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural and banking services for governments (G2C) and businesses (B2B).

Our team comprised of Milind Jha (Partner), Shailender Sharma (Associate Partner), Tamilarasi Mudaliar (Senior Associate), Aashna Batra (Associate), Tanvi Shinde (Associate), Shubham Kumar (Associate) and Diksha Chawla (Associate).

The transaction has also been reported as below:

• moneycontrol.com:
• The Economic Times
• Mint

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