Belrise Industries IPO is a bookbuilding of ₹2,150.00 crores. The issue is entirely a fresh issue of 23.89 crore shares.
The subscription period for Belrise Industries' initial public offering (IPO) begins on May 21, 2025, and ends on May 23, 2025. On Monday, May 26, 2025, the allocation for the Belrise Industries IPO is anticipated to be finalized. The BSE and NSE will list Belrise Industries' initial public offering (IPO), with a provisional listing date set for Wednesday, May 28, 2025.
The pricing range for Belrise Industries' IPO is ₹85 to ₹90 per share. An application must have a minimum lot size of 166. Retail investors are required to invest a minimum of ₹14,110. Investors are advised to bid at the cutoff price, which is approximately ₹14,940, in order to avoid the oversubscription situation. For bNII, the minimum lot size investment is 67 lots (11,122 shares), or ₹10,980, and for sNII, it is 14 lots (2,324 shares), or ₹2,09,160.
Axis Capital Limited, Hsbc Securities & Capital Markets Pvt Ltd, Jefferies India Private Limited, SBI Capital Markets Limited are the book running lead managers of the Belrise Industries IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Belrise Industries IPO RHP for detailed information. (Additionally, keep checking back here for additional information about newipo.info or anything else.)
Belrise Industries IPO Details
| IPO Date | May 21, 2025 to May 23, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹85 to ₹90 per share |
| Lot Size | 166 Shares |
| Total Issue Size | 23,88,88,888 shares (aggregating up to ₹2,150.00 Cr) |
| Fresh Issue | 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 Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Issue |
Belrise Industries IPO Timeline (Tentative Schedule)
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 May 23, 2025 |
Belrise Industries IPO Lot Size
Investors can bid for a minimum of 166 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹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 |
| Lot Size Calculator | |||
Belrise Industries IPO Promoter Holding
Shrikant Shankar Badve, Supriya Shrikant Badve and Sumedh Shrikant Badve are the company promoters.
| Share Holding Pre Issue | 99.81% |
| Share Holding Post Issue |
Belrise Industries Limited Financial Information (Restated Consolidated)
| 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 |
| Revenue | 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 | ||||
About Belrise Industries Limited
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 has established 15 manufacturing facilities across nine cities in eight states, as of June 30, 2024.
Competitive Strength: Distinguished market leader in the high-growth field of precision sheet metal pressing and fabrication within a large and growing automotive component industry.
enabled, innovation-driven development and process engineering capabilities.
Vertically integrated manufacturing facilities offering a diverse range of products.
Longstanding customer relationships are developed through years of collaboration and value addition.
Largely EV- agnostic product portfolio, strategically positioned to scale in tandem with burgeoning electric vehicle market in India.
Experienced promoters and management team.
ABOUT COMPANY: Belrise Industries Ltd. (BIL) is an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. Its product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust systems, among others. BIL’s products are largely agnostic to vehicle powertrain types, reflecting its ability in catering to both electric vehicles and internal combustion engine vehicles, thus positioning it favorably to adapt to the growing electric vehicle market.
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