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BLS International

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BLS International Limited
Company typePublic
HeadquartersNew Delhi, India
Area served
Worldwide
Websitewww.blsinternational.com

BLS International Services Limited is an Indian Home-grown tech-enabled service provider catering to governments and diplomatic missions worldwide. Among the top two global players in this field, the company has over 18 years of experience, serving 46 client governments across 64 countries [citation needed]. It has processed over 220 million applications to date, starting with just 10,000 visa applications in 2005. BLS International employs a workforce of over 60,000 employees and associates at around 50,000 centers worldwide. It is a publicly listed company on India's National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). BLS International provides visa, passport, consular, e-governance, attestation, biometric, e-visa, and retail services. Furthermore, the company extends its services to state and provincial governments across Asia, Africa, Europe, South America, North America, and the Middle East. BLS International was awarded as the "Best under a Billion Company" by Forbes Asia and inclusion in Fortune India's Next 500 companies. The company has various certifications, including ISO 9001:2015 for Quality Management Systems, ISO 27001:2013 for Information Security Management Systems, ISO 14001:2015 for Environmental Management Systems, ISO 45001:2018 for Occupational Health and Safety, ISO/IEC 20000-1:2018 for IT Service Management, ISO 26000:2010 for Social Responsibility, ISO/IEC/IEEE 23026:2015 for System and Software Engineering, ISO/IEC 28000:2022 for Security Management System for Supply Chain, and ISO 31000:2018 for Risk Management Guidelines. BLS International is publicly traded with the symbols NSE: BLS and BSE: 540073.

History

  • Founded in 2005,[1] BLS International Services Limited is an Indian company headquartered in New Delhi.[2]
  • BLS International secured its first visa processing contract from the Portuguese Embassy in Delhi in 2005.[3]
  • Commenced operations for the Embassies of Austria, Belgium, Greece, and Tunisia in India in 2006-07.
  • In 2008-10, BLS International started operations for the Embassy of India in Spain, Kuwait, Sudan, and Russia.
  • BLS International, in 2011, started VACs for the Indian Embassy in UAE along with other Indian missions in SEA.
  • In 2012, the company commenced operations for the Indian Embassy in Saudi Arabia and Singapore.
  • BLS International initiated foreign missions for European Union countries in 2013.
  • The company added 7 Indian missions abroad, including high-volume locations in the US & Canada.
  • In December 2016, the company signed a global visa outsourcing contract worth €175 million with Spain MAEC (Ministry of Foreign Affairs and Cooperation — Spain).[4]
  • The company was awarded the e-governance project by the Punjab State Government in India in May 2016 to operate and manage 2147 Sewa Kendras and provide 223 citizen-centric services like death, birth certificates, arms licenses, and permits as defined under the Punjab Right to Services Act, 2011.[5]
  • BLS International also provides citizen services to Afghan nationals in UAE, Kuwait, Oman, Bahrain, and Qatar since June 2017 and in Saudi Arabia since September 2017. This is under the consular service contract with the Islamic Republic of Afghanistan.[6][7][8][9]

Listing

The company's equity shares are listed on the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange (MSEI).[10]

Awards and achievements

In 2017, BLS International was honoured with the title "Most Ethical Company in Visa Outsourcing" at India's Most Ethical Companies Awards.

BLS International Services was named in Forbes Asia's 2018 list of '"Best under a Billion," a list of the top 200 publicly listed companies in the Asia-Pacific region, out of 24,000 companies. It was selected on sales/revenue and earnings growth.[11]

BLS International Services Limited will support Sopra Steria and UKVI by providing many of the key deliverables under the contract of visa renewals, as well as a suite of added-value services.[12]

BLS International has been awarded a contract to process Italy visa applications in Singapore.[13]

BLS began providing services for the French Embassy in Jordan on 19 August 2018.[14]

In 2018, BLS International received the "Excellence in the Travel Sector" accolade from CMO Asia's Best Practices Awards.

BLS International was honoured with the "Best Visa Facilitation Centres Award" in 2018, presented by the Middle East Travel and Tourism Leadership Awards.

In 2019, BLS International received the prestigious "Best Operational Process in Visa Outsourcing" award from the World Quality Congress and Awards.

BLS International has been awarded the first Global contract for a major Schengen country (Spain).

BLS won the Times Network's National Awards for Marketing Excellence in the Travel & Tourism Industry.

BLS E-Services Pvt. Ltd., a wholly owned subsidiary of BLS International Services Ltd., acquired Delhi-based Starfin India Pvt. Ltd., a banking business correspondent of India's largest bank, State Bank of Bank of India.[15]

Mr. Shikhar Aggarwal, Joint Managing Director of BLS International, was honoured with the Times 30 Under 30 Award in 2021.

Mr. Shikhar Aggarwal, Joint Managing Director of BLS International, received the Times 40 Under 40 Award in 2023.

Acquisition

On June 8, BLS agreed to acquire 100% equity shares of ZMPL for an equity consideration of Rs 120 Crores, including an entire stake of 63.94% held by Anurag Gupta (main promoter).[16]

References

  1. ^ "BLS International soars over 21% on NSE; plans BSE listing". The Economic Times. 19 June 2016. Retrieved 3 July 2018.
  2. ^ "BLSIN:Natl India Stock Quote - BLS International Services Ltd". Bloomberg.com. Retrieved 3 July 2018.
  3. ^ "Travel News - 'Our endeavour is to work with multiple governments in different geographies' | TravelBiz Monitor". www.travelbizmonitor.com. Retrieved 6 July 2018.
  4. ^ "BLS International wins €175 million contract". @businessline. Retrieved 3 July 2018.
  5. ^ "BLS International to open over 2,000 centres in Punjab". The Financial Express. 3 October 2016. Retrieved 3 July 2018.
  6. ^ "BLS International wins five Gulf country contract for Islamic Republic of Afghanistan". amedia.co.in. Retrieved 3 July 2018.
  7. ^ "Indian company will provide citizen services in Afghanistan - The Sunday Guardian Live". The Sunday Guardian Live. 11 November 2017. Retrieved 3 July 2018.
  8. ^ "BLS International inks pact with embassy of Afghanistan". India Today. Retrieved 3 July 2018.
  9. ^ "BLS Intl bags USD 5 mn order from Afghan Embassy". India Today. Retrieved 3 July 2018.
  10. ^ indiainfoline.com. "Listing of Equity Shares of BLS International Services Limited". Retrieved 3 July 2018.
  11. ^ "Four Indian companies in Forbes Asia's 200 'Best under a Billion' 2018 list | Forbes India". Forbes India. Retrieved 10 August 2018.
  12. ^ Raghunathan, Anu. "Indian Company Providing Visa And Consular Services Expands Across The Globe". Forbes. Retrieved 11 September 2018.
  13. ^ "Travel News - BLS International launches Italy Visa Application Center in Singapore | TravelBiz Monitor". www.travelbizmonitor.com. Retrieved 11 September 2018.
  14. ^ Bulls, Equity (22 August 2018). "BLS International commence operations for French Embassy in Jordan - EquityBulls.com". equitybulls.com. Retrieved 11 September 2018.
  15. ^ "BLS E-Services acquires Starfin India for an undisclosed amount". The Economic Times. 9 August 2018. Retrieved 11 September 2018.
  16. ^ "BLS International acquires Zero Mass for Rs 120 crore". Moneycontrol. 8 June 2022. Retrieved 10 July 2022.
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