Belrise Industries Limited is set to launch its Rs 2,150 crore IPO, open for subscription from 21st to 23rd May. The issue is entirely a fresh issue of 23.89 crore shares and will be listed on both NSE and BSE.
This is a book-building IPO, with a minimum investment of Rs 14,940 for retail investors. Small NIIs must apply with Rs 2,09,160 for 2,324 shares (14 lots), while large NIIs are required to invest Rs 10,00,980 for 11,122 shares (67 lots).
Link Intime India Private Limited is the registrar. Axis Capital, HSBC Securities, Jefferies India, and SBI Capital are the lead managers.
Belrise Industries Ltd IPO GMP
The latest updated GMP of Belrise Industries Ltd IPO is Rs 23, as of 23rd st May, 2025 10:00 AM. The IPO has a price band of Rs 90. The estimated listing price for Belrise Industries Ltd IPO is Rs 113, reflecting a potential gain of 25% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 23-05-2025 | Rs 23 | Rs 113 | 10:00 AM |
| 22-05-2025 | Rs 12 | Rs 102 | 10:00 AM |
| 21-05-2025 | Rs 12 | Rs 102 | 10:00 AM |
| 20-05-2025 | Rs 13 | Rs 103 | 1:00 PM |
| 19-05-2025 | Rs 4.25 | Rs 94.25 | 11:30 PM |
| 18-05-2025 | Rs 17 | Rs 107 | 11:30 PM |
| 17-05-2025 | Rs 17 | Rs 107 | 11:30 PM |
| 16-05-2025 | Rs 17 | Rs 107 | 11:30 PM |
Belrise Industries Ltd IPO Details
| Face Value | Rs 5 per Share |
| Lot Size | 166 Shares |
| Price Band | Rs 85 to Rs 90 |
| Listing At | BSE, NSE |
| Total Issue Size | 23,88,88,888 Shares (aggregating up to Rs 2,150 Cr) |
| Fresh Issue | 23,88,88,888 Shares (aggregating up to Rs 2,150 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Belrise Industries Ltd IPO Timeline
| Opening β Closing Dates | 21st May β 23rd May |
| Cut-off Time for UPI Mandate Approval | 5 PM on 23rd May |
| IPO Allotment | 26th May |
| Amount Refund | 27th May |
| Credit of Shares | 27th May |
| Listing Date | 28th May |
Belrise Industries Ltd IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 166 | Rs 14,940 |
| Retail (Max) | 13 | 2,158 | Rs 1,94,220 |
| S-HNI (Min) | 14 | 2,324 | Rs 2,09,160 |
| S-HNI (Max) | 66 | 10,956 | Rs 9,86,040 |
| B-HNI (Min) | 67 | 11,122 | Rs 10,00,980 |
Belrise Industries Ltd Company Details
Belrise Industries Limited, founded in 1988, makes automotive parts like sheet metal, castings, polymer components, suspension, and mirror systems. These are used in two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.
The company provides a wide range of safety-critical and engineering systems for the auto industry.
Its product range includes metal chassis systems, polymer parts, suspension systems, body-in-white components, and exhaust systems.
Belriseβs key customers include Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
As of 30th June, 2024, it serves 27 OEMs worldwide and operates 15 manufacturing plants across nine cities in eight Indian states.
Belrise Industries Ltd Key Finances
| Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 6,587.69 | 6,041.65 |
| Revenue (in Rs Cr.) | 6,064.76 | 7,555.67 |
| Profit After Tax (in Rs Cr.) | 245.47 | 352.70 |
Financial Performance:
Revenue: The company generated Rs 6,064.76 crore in revenue during the period ended on 31st December, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 2,577.55 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 6,587.69 crore as of December 2024. Assets have grown significantly, indicating potential expansion and investment.
Belrise Industries Ltd IPO FAQs
- What is the issue price band of the Belrise Industries Ltd IPO?
The issue price band for the Belrise Industries Ltd IPO is Rs 85 to Rs 90 per share.
- What is the issue size of the Belrise Industries Ltd IPO?
The total issue size of the IPO is Rs 2,150 crore.
- What is the lot size for the Belrise Industries Ltd IPO?
Each lot consists of 166 shares, with a minimum investment of Rs 14,940.
- What are the allotment and listing dates for the Belrise Industries Ltd IPO?
The allotment is set for 26th May, and the listing is scheduled for 28th May.
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