Belrise Industries is set to launch its IPO on 21 May and the subscription window will open until 23 May. The company aims to raise ₹2,150.00 Cr through this public offering. Price band for Belrise Industries IPO has been fixed between ₹85 – ₹90. The IPO is expected to list on NSE, BSE platforms on 28 May.
Belrise Industries IPO About
Belrise Industries started in 1988 and makes parts for two-wheelers, three-wheelers, cars and commercial vehicles. They build important components like metal frames, polymer parts, suspensions, mirrors and exhaust systems.
They have worked with well known names like Bajaj, Honda, Hero, Royal Enfield, Tata Motors, Mahindra and Jaguar Land Rover. By 30 June 2024, they had served 27 vehicle makers across the world and set up 15 factories in 9 cities across 8 Indian states. Their main focus has been on safety critical and high quality engineering parts.
Belrise Industries IPO Highlights
- Belrise Industries’s IPO is valued at ₹2,150 Cr and the price band is set between ₹85 to ₹90.
- In the IPO, 23.89 crore new shares will be issued to raise ₹2,150 Cr.
- Belrise Industries’s IPO will open for subscription on 21 May 2025 and close on 23 May 2025. Share allotment is likely to take place on 26 May 2025 and the shares are expected to be listed on BSE and NSE on 28 May 2025.
- Promoters currently hold 99.81% of the company but after the IPO, their shareholding will come down.
- The fund will be used to repay or prepay part of the company’s existing loans and general corporate purposes. While Link Intime India Private Ltd will be the registrar for Belrise Industries IPO.
Belrise Industries IPO GMP
Belrise Industries IPO GMP
Let’s look at how Belrise Industries IPO GMP has changed recently.
As of 22 May 2025, Belrise Industries’ IPO is trading at a grey market premium (GMP) of ₹17. Based on the upper price band of ₹90, the shares are expected to list around ₹107, indicating a potential gain of about 18.89%. GMP showed how the market responded ahead of listing.
So, stay tuned with Trade Target for daily updates on Belrise Industries IPO GMP and expected listing price.
- Date: 22 May 2025
- Belrise Industries GMP: ₹107 (18.89%)
- Date: 21 May 2025
- Belrise Industries GMP: ₹107 (18.89%)
- Date: 20 May 2025
- Belrise Industries GMP: ₹104 (15.56%)
- Date: 19 May 2025
- Belrise Industries GMP: ₹94.25 (4.72%)
How can one apply for Belrise Industries IPO?
Retail investors can apply for minimum of 1 lot, which includes 69 shares costing ₹14,904. The maximum investment allowed for retail investors is 13 lots which totals 897 shares and costs ₹1,93,752.
Below is a table summarizing the lot sizes and required amounts for each investor category:
| Application | Lots | Shares | Amount |
|---|---|---|---|
|
Retail (Min) |
1 |
66 |
₹14,940 |
|
Retail (Max) |
13 |
2158 |
₹1,94,220 |
|
S-HNI (Min) |
14 |
2,324 |
₹2,09,160
|
|
S-HNI (Max) |
66 |
10,956
|
₹9,86,040
|
|
B-HNI (Min)
|
67 |
11,122
|
₹10,00,980
|
Belrise Industries IPO Financial
As of 31 March 2024, Belrise Industries has shown strong growth over the past three years. Its assets rose from ₹5,196.07 crore in 2022 to ₹6,041.65 crore in 2024. Revenue also increased from ₹5,410.68 crore to ₹7,555.67 crore in the same period. Profit after tax (PAT) grew from ₹307.24 crore in 2022 to ₹352.70 crore in 2024.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
|
Assets in (₹ Crores) |
6,041.65
|
5,679.15
|
5,196.07
|
|
Revenue (₹ Crores) |
7,555.67
|
6,620.78
|
5,410.68
|
|
PAT (₹ crores)
|
352.70
|
356.70
|
307.24
|
|
Net Worth (₹Cr) |
2,331.92
|
2,038.20
|
1,734.45
|
|
Reserves and Surplus(₹Cr) |
2,014.43
|
2,024.16
|
1,715.31
|
|
Total Borrowing (₹ crores)
|
2,440.98
|
2,271.40
|
2,597.96
|
Belrise Industries IPO Vs Peer
| Company | EPS Diluted | P/E(x) | P/BV Ratio |
|---|---|---|---|
|
Belrise Industries
|
4.78
|
– |
– |
|
Bharat Forge Ltd.
|
20.43
|
58.94
|
7.38
|
|
UNO Minda
|
15.34
|
62.19 |
7.52
|
|
Motherson Sumi Wiring India |
1.44 |
39.42 |
22.00
|
|
JBM Auto Ltd. |
15.12 |
45.52 |
18.41 |
|
Endurance Technologies |
48.38 |
44.76
|
5.18 |
|
Minda Corporation |
9.49
|
51.32
|
5.09
|
Belrise Industries IPO Quota Allocation
- QIB Investors: 50% of the net issue
- Retail Investors: 35% of the net issue
- NII (HNI) Investors: 15% of the net issue
Listing Date of Belrise Industries IPO
- Subscription Period: 21 May to 30 May 2025
- Basis of Allotment Finalization: 26 May 2025
- Initiation of Refunds: 27 May 2025
- Demat Credits: 27 May 2025
- Listing Date: 28 May 2025
- Listing on: NSE, BSE
Frequently Asked Questions
What is the total issue size of Belrise Industries’s IPO?
The total size of Belrise Industries’s IPO is ₹2,150 Cr
When will Belrise Industries IPO open and close?
Belrise Industries’s IPO will open for subscription on 21 May 2025 and close on 23 May 2025.
What is the lot size for Belrise Industries IPO?
Investors can bid for a minimum of one lot, which includes 166 shares. And one lot will cost you around ₹14,940.
When is the share allotment date for Belrise Industries IPO?
The allotment of shares is expected to be completed by 26 May 2025.
Who is the registrar of Belrise Industries IPO?
Link Intime India Private Ltd is the official registrar for Belrise Industries’s IPO.
Where will Belrise Industries shares be listed?
The shares are planned to be listed on both BSE and NSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
