Belrise Industries Limited IPO logo

Belrise Industries Limited IPO Details – Price, Date, GMP & Analysis

Listed
Mainboard
Price Range:
Rs.90
Issue Size:
Rs.2,150.00 Cr
Lot Size:
166 shares
Open Date:
May 21

Belrise Industries Limited IPO Overview

Bidding Dates
May 21 - May 23
Min Investment
₹14,940
Price Range
₹90
Issue Size
2,150.00 Cr
IPO DRHP Doc

Company Overview

Belrise Industries Limited, established in 1988, manufactures automotive sheet metal, casting parts, polymer components, and suspension systems for various vehicles. The company serves 27 OEMs globally and operates 15 manufacturing facilities across nine cities in eight states. Its product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, with notable clients like Bajaj, Honda, and Tata Motors.

IPO Timeline

Opens

May 21

Closes

May 23

Allotment

May 26

Refunds

May 27

Shares Credit

May 27

Listing

May 28

Latest Subscription Data

CategorySubscriptionStatus
QIB (Qualified Institutional Buyers)112.63xOversubscribed
NII (Non-Institutional Investors/HNI)40.58xOversubscribed
RII (Retail Individual Investors)4.52xOversubscribed
Total Subscription43.14xOversubscribed

Last updated: May 23, 2025, 06:21 PM

Current GMP:
Rs.21
Est. Listing:
Rs.111
Est. Gain:
+23.3%
Star Rating:
(4/5)

Financial Information

Financial Data Table

Detailed breakdown of financial metrics across years

Financial Metric2024202420232022
Assets6,041.65 Cr6,041.65 Cr5,679.15 Cr5,196.07 Cr
Net Worth2,331.92 Cr2,331.92 Cr2,038.2 Cr1,734.45 Cr
Profit After Tax352.7 Cr352.7 Cr356.7 Cr307.24 Cr
Reserves and Surplus2,014.43 Cr2,014.43 Cr2,024.16 Cr1,715.31 Cr
Revenue7,555.67 Cr7,555.67 Cr6,620.78 Cr5,410.68 Cr
Total Borrowing2,440.98 Cr2,440.98 Cr2,271.4 Cr2,597.96 Cr
Financial data is visualized in the chart above

Strengths & Risks Analysis

Key Strengths

Competitive advantages and positive aspects

  • Among top 3 in India’s two-wheeler metal components segment with 24% market share
  • Strong backward and forward integration with in-house tool making, assembly, and painting
  • Proximity to OEMs with 17 plants across 9 states enables custom and agile supply
  • Broad client base with 29 OEMs, including Bajaj, Hero, Tata, and JLR
  • Products are EV and ICE agnostic, positioning well for industry transition

IPO Details

Belrise Industries IPO Details

Face Value₹5 per share
Fresh Issue23,88,88,888 shares (aggregating up to ₹2,150.00 Cr)
IPO DateMay 21, 2025 to May 23, 2025
Issue Price₹90 per share
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Listing Date[.]
Lot Size166 Shares
Share Holding Post Issue88,98,79,192 shares
Share Holding Pre Issue65,09,90,304 shares
Total Issue Size23,88,88,888 shares (aggregating up to ₹2,150.00 Cr)

Belrise Industries IPO Reservation

Share Reservation Distribution

Retail
83,611,111 shares (35%)
Anchor Investors
71,666,665 shares (30%)
QIB
47,777,779 shares (20%)
bNII (>₹10L)
23,888,889 shares (10%)
sNII (<₹10L)
11,944,444 shares (5%)

Belrise Industries IPO Promoter Holding

Share Holding Post Issue
Share Holding Pre Issue99.81%