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Belrise Industries IPO is a book build issue of ₹2,150.00 crores. The issue is entirely a fresh issue of 23.89 crore shares of ₹2,150.00 crore.
Belrise Industries IPO bidding started from May 21, 2025 and ended on May 23, 2025. The allotment for Belrise Industries IPO was finalized on May 26, 2025. The shares got listed on BSE, NSE on May 28, 2025.
Belrise Industries IPO price band is set at ₹90.00 per share . The lot size for an application is 166. The minimum amount of investment required by an retail is ₹14,940 (166 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,324 shares), amounting to ₹2,09,160, and for bNII, it is 67 lots (11,122 shares), amounting to ₹10,00,980.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Belrise Industries IPO RHP for detailed Information.
| IPO Date | May 21, 2025 to May 23, 2025 |
| Listing Date | May 28, 2025 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹85 to ₹90 per share |
| Issue Price Final | ₹90 per share |
| Lot Size | 166 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 23,88,88,888 shares (aggregating up to ₹2,150.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 65,09,90,304 shares |
| Share Holding Post Issue | 88,98,79,192 shares |
Belrise Industries IPO offers total 23,88,88,888 shares. Out of which 11,94,44,443 (50.00%) allocated to QIB, 4,77,77,778 (20.00%) allocated to QIB (Ex- Anchor), 3,58,33,334 (15.00%) allocated to NII, 8,36,11,111 (35.00%) allocated to RII and 7,16,66,665 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 11,94,44,443 (50.00%) | NA |
| − Anchor Investor Shares Offered | 7,16,66,665 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 4,77,77,778 (20.00%) | NA |
| NII (HNI) Shares Offered | 3,58,33,334 (15.00%) | NA |
| − bNII > ₹10L | 2,38,88,889 (10.00%) | 10,279 |
| − sNII < ₹10L | 1,19,44,445 (5.00%) | 5,139 |
| Retail Shares Offered | 8,36,11,111 (35.00%) | 5,03,681 |
| Total Shares Offered | 23,88,88,888 (100.00%) |
Belrise Industries IPO raises ₹645.00 crore from anchor investors. Belrise Industries IPO Anchor bid date is May 20, 2025. Belrise Industries IPO Anchor Investors list
| Bid Date | May 20, 2025 |
| Shares Offered | 7,16,66,665 |
| Anchor Portion Size (In Cr.) | 645.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 24, 2025 |
Belrise Industries IPO opens on May 21, 2025, and closes on May 23, 2025.
| IPO Open Date | Wed, May 21, 2025 |
| IPO Close Date | Fri, May 23, 2025 |
| Tentative Allotment | Mon, May 26, 2025 |
| Initiation of Refunds | Tue, May 27, 2025 |
| Credit of Shares to Demat | Tue, May 27, 2025 |
| Tentative Listing Date | Wed, May 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, May 23, 2025 |
Investors can bid for a minimum of 166 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2,158 | ₹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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1988, Belrise Industries Limited manufactures Automotive Sheet Metal and casting parts, Polymer components, Suspension, and mirror systems specifically for Two-Wheel, Three-Wheel, and Four-Wheel Passenger and Commercial vehicles.
The company is an automotive component manufacturing company in India offering a diverse range of safety critical systems.
Belrise Industries is a manufacturing company in India that offers a diverse range of safety-critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.
The company's product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems.
The company's customers include Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
As of June 30, 2024, the company services a total of 27 OEMs globally. The company have established 15 manufacturing facilities across nine cities in eight states, as of June 30, 2024.
Competitive Strength:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,587.69 | 6,041.65 | 5,679.15 | 5,196.07 |
| Total Income | 6,064.76 | 7,555.67 | 6,620.78 | 5,410.68 |
| Profit After Tax | 245.47 | 352.70 | 356.70 | 307.24 |
| Net Worth | 2,577.55 | 2,331.92 | 2,038.20 | 1,734.45 |
| Reserves and Surplus | 2,252.24 | 2,014.43 | 2,024.16 | 1,715.31 |
| Total Borrowing | 2,599.80 | 2,440.98 | 2,271.40 | 2,597.96 |
| Amount in ₹ Crore | ||||
The market capitalization of Belrise Industries IPO is ₹8008.91 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROCE | 14.83% |
| Debt/Equity | 0.97 |
| RoNW | 13.33% |
| PAT Margin | 4.36% |
| Price to Book Value | 2.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.42 | 3.68 |
| P/E (x) | 16.61 | 24.47 |
The Company Belrise Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and | 1,618.13 |
| 2 | General corporate purposes | 410.49 |
[Dilip Davda] BIL is one of the leading automotive component manufacturing company with diverse range of products. It also provides engineering solutions for automobiles across the variants. It enjoys around 24% market share in two-wheeler segment. It posted growth in its top lines, but marked pressure on its bottom lines. BIL is confident of higher earnings post IPO as it will save on interest cost and recent acquisition will help in boosting its play in four-wheeler segment. Based on its financial data, the IPO appears reasonably priced. Investors may park funds for medium to long term. Read detail review...
| Listing Date | May 28, 2025 |
| BSE Script Code | 544405 |
| NSE Symbol | BELRISE |
| ISIN | INE894V01022 |
| Final Issue Price | ₹90 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Belrise Industries Ltd.
Plot No D-39
MIDC
Area Waluj
Aurangabad, Maharashtra, 431133
Phone: +910240 255120
Email: complianceofficer@belriseindustries.com
Website: http://www.belriseindustries.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: belriseindustries.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Belrise Industries IPO is a main-board IPO of 23,88,88,888 equity shares of the face value of ₹5 aggregating up to ₹2,150.00 Crores. The issue is priced at ₹90 per share. The minimum order quantity is 166.
The IPO opens on May 21, 2025, and closes on May 23, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Belrise Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Belrise Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Belrise Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Belrise Industries IPO opens on May 21, 2025 and closes on May 23, 2025.
Belrise Industries IPO lot size is 166, and the minimum amount required for application is ₹14,940.
You can apply in Belrise Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Belrise Industries IPO will be done on Monday, May 26, 2025, and the allotted shares will be credited to your demat account by Tuesday, May 27, 2025. Check the Belrise Industries IPO allotment status.
The Belrise Industries IPO listing date is on Wednesday, May 28, 2025.
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