Belrise Industries Limited IPO: ₹2,150 Cr Offer Opens May 21 – All You Need to Know

Belrise Industries Limited IPO: An In-Depth Look at the Upcoming Offering

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Belrise Industries Limited, a leading company in the automotive component manufacturing sector, is set to launch its initial public offering (IPO), inviting investors to participate in its growth journey. The bookbuilding issue, which is entirely a fresh issue of shares, aims to raise ₹2,150.00 crore. A total of 23,88,88,888 equity shares are being offered through this IPO.

Belrise Industries Limited IPO Price-band & Lot Size

Investors will be able to bid within the price band of ₹85 to ₹90 per equity share with a face value of ₹5 per share. Investors can apply for a minimum lot size of 166 shares. The minimum investment required for retail investors is ₹14,940 (at the upper price band), while the maximum retail investment is capped at 13 lots (2,158 shares), amounting to ₹1,94,220.  For small HNIs (SHNIs), the minimum application is 14 lots (2,324 shares) with a total value of ₹2,09,160, and for large HNIs (BHNIs), the minimum is 67 lots (11,122 shares) with a total value of ₹10,00,980. Investors are advised to bid at the cut-off price to avoid issues related to oversubscription.

Belrise Industries Limited IPO Reservations

The IPO structure includes reservations for various investor categories:

Qualified Institutional Buyers (QIBs): Not more than 50% of the issue

Retail Investors: Not less than 35% of the issue

Non-Institutional Investors (HNIs): Not less than 15% of the issue

Belrise Industries Limited IPO Key Dates(Expected)

The IPO is scheduled to open for subscription on May 21, 2025 and close on May 23, 2025. The tentative timeline for the IPO process shows that the allotment of shares is expected to be completed by May 26, 2025. Thereafter, the refunds will be initiated on May 27, 2025, with credit of shares in the demat accounts of successful applicants also expected to happen on May 27, 2025. The tentative listing date of the shares on both BSE and NSE is May 28, 2025.

More About Belrise Industries Limited

Belrise Industries Limited, incorporated in 1988, specializes in manufacturing a diverse range of automotive components. Their product portfolio includes automotive sheet metal and casting parts, polymer components, suspension and mirror systems. The company caters to the two-wheeler, three-wheeler, four-wheeler passenger and commercial vehicle segments, providing safety-critical systems and other engineering solutions. Their clients include leading automotive companies such as Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors and Mahindra. The company’s financial figures show varying performance in recent periods.

Belrise Industries Limited Promoters

The promoters of Bellarise Industries are Shrikant Shankar Badve, Supriya Shrikant Badve and Sumedh Shrikant Badve. Prior to the issue, their shareholding was 99.81%.

Belrise Industries Limited Financials

As of December 31, 2024 in the FY25, the company reported assets of ₹6,587.69 crore, revenue of ₹6,064.76 crore and profit after tax of ₹245.47 crore.  Net worth was ₹2,577.55 crore, of which reserves and surplus were ₹2,252.24 crore and total borrowings were ₹2,599.80 crore. For the year ended March 31, 2024, revenue was ₹7,555.67 crore and profit after tax was ₹352.70 crore. In the year ended March 31, 2023, revenue was ₹6,620.78 crore and profit after tax was ₹356.70 crore.

Belrise Industries Limited IPO Objectives

The primary objective of the IPO is to use the net proceeds for repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and for general corporate purposes.

Belrise Industries Limited IPO GMP

According to Investorgain.com the latest GMP of Belrise Industries IPO is around 18%.

Belrise Industries Limited IPO Lead Managers & Registrar

Axis Capital Limited, HSBC Securities and Capital Markets Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited are the book-running lead managers for the IPO. Link Intime India Private Limited is acting as the IPO registrar.

Belrise Industries Limited IPO Important Data:

Category Key Details
IPO Details IPO Size: ₹2,150 crore (Fresh Issue)

Shares Offered: 23,88,88,888 equity shares

Price Band: ₹85 – ₹90 per share

Face Value: ₹5 Lot Size: 166 shares

Retail Investment: Min ₹14,940, Max ₹1,94,220

SHNI Min Investment: ₹2,09,160 (2,324 shares)

BHNI Min Investment: ₹10,00,980 (11,122 shares)

Reservation: QIB – ≤50%, Retail – ≥35%, HNI – ≥15%
Timeline & Financials IPO Dates: May 21–23, 2025

Allotment: May 26

Refund & Credit: May 27

Listing: May 28

FY24 Revenue: ₹7,555.67 crore

FY24 PAT: ₹352.70 crore

9M FY25 Revenue: ₹6,064.76 crore

9M FY25 PAT: ₹245.47 crore

Lead Managers: Axis Capital, HSBC, Jefferies, SBI Capital

Registrar: Link Intime

Belrise Industries Limited IPO Important Documents

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Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.

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