Belrise Industries IPO Details
Belrise Industries IPO Details, GMP, Date, Subscription, Allotment
Belrise Industries IPO is a Book Building issue of ₹2150 Crore, offering about 23.89 Crore to the public.
This IPO is a complete Fresh Issue of 23.89 Crore shares worth ₹2150 Crore.
Belrise Industries IPO was subscribed 43.14 times during bidding from 21 May 2025 to 23 May 2025. Allotment was finalized on 26 May 2025, and the shares listed on BSE, NSE on 28 May 2025.
Price band for Belrise Industries IPO is ₹85 to ₹90 per equity share. One lot consists of 166 shares. Minimum investment for retail investors is ₹14110. It is recommended to apply at the cutoff price of ₹90 to improve allotment chances.
Retail investors can apply for 1 lot (166 shares) costing ₹14940. NIIs must invest ₹209160 for 14 lots (2324 shares). QIBs need ₹1001880 to apply for 67 lots (11122 shares).
35% of the issue is reserved for retail investors, 15% for NIIs, 20% for QIBs, and 30% of shares were reserved for anchor investors and their bidding date is 20 May 2025.
Belrise Industries Limited reported revenue of ₹7555.60 Crores in and ₹6013.20 Crores in . It reported a Profit of ₹310.8 Crores in and a Profit of ₹313.6 Crores in after taxes.
MUFG Intime India Private Limited is the registrar of the Belrise Industries IPO. The book running lead managers are Axis Capital Limited, HSBC Securities and Capital Markets Private Limited, Jefferies India Private Limited, SBI Capital Markets Limited.
Belrise Industries Limited IPO (Belrise Industries IPO) Overview
| IPO Name | Belrise Industries Limited IPO |
| IPO Status | Listed on NSE at INR 100(+11.11%), on BSE at INR 98.5(+9.4%) |
| IPO Open Date | 21 May 2025 |
| IPO Close Date | 23 May 2025 |
| Face Value | ₹5 Per Equity Share |
| One Lot Size | 166 Equity Shares |
| Total Issue | 23,88,88,888 Shares (worth up to ₹2150 Crore Rs) |
| Fresh Issue | 23,88,88,888 Shares (worth up to ₹2150 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| Retail Portion | Up to 35% of Net Issue |
| NII Portion | Up to 15% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Belrise Industries IPO Important Dates
The following table gives all important events and their timelines for Belrise Industries IPO.
| Anchor Investors Bid Date | 20 May 2025 |
| IPO Open Date | 21 May 2025 |
| IPO Close Date and Time | 23 May 2025 at 3:15 PM |
| Basis of Allotment | 26 May 2025 at 9:00 PM |
| Refunds | 27 May 2025 |
| Credit to DEMAT | 27 May 2025 |
| IPO Listing Date | 28 May 2025 |
Belrise Industries IPO Investor Reservation
Belrise Industries Limited issued a total 23.89 Crore shares through this IPO. 8.36 Crore (35.00%) shares reserved for Retail. 3.58 Crore (15.00%) shares for NIIs. 4.77 Crore (20.00%) shares for QIBs. 7.16 Crore (30.00%) shares for Anchor Investors.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| Retail | 8,36,11,111 | 35.00% |
| NII | 3,58,33,333 | 15.00% |
| QIB | 4,77,77,779 | 20.00% |
| Anchor Investors | 7,16,66,665 | 30.00% |
| Total | 23,88,88,888 | 100% |
Belrise Industries IPO Lot Amounts
Investors can send applications in lots of 166 shares and in multiples thereof. The minimum amount of retail application of 166 shares (1 lot) is ₹14940 and maximum application amount is ₹194220 for 2158 shares (13 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 166 | ₹14940 |
| Retail Maximum | 13 | 2158 | ₹194220 |
| SHNI Minimum | 14 | 2324 | ₹209160 |
| SHNI Maximum | 33 | 5478 | ₹493020 |
| BHNI Minimum | 34 | 5644 | ₹508000 |
| BHNI Maximum | 66 | 10956 | ₹986040 |
| QIB Minimum | 67 | 11122 | ₹1001880 |
About Belrise Industries Limited Company
Belrise Industries, incorporated in 1996, 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. Its products are largely agnostic to vehicle powertrain types, reflecting our ability in catering to both electric vehicles and internal combustion engine vehicles, thus positioning us favourably to adapt to the growing electric vehicle market.
For FY 2024, It had a revenue of Rs 7484.2 Crore, increasing Rs 6582.4 Crore for FY 2023. For the nine months period ended Dec 2024, its revenue from operations was Rs 6013.4 Cr , increasing from Rs 5957.8 Crore for the earlier nine months in Dec 2023, growing at 0.93%. Company is specialized in precision sheet metal pressing and fabrication and its is one of the top three companies with a market share of 24% in the overall 2wheeler metal components segment in India.
Belrise Industries Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 May 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|---|
| Revenue | 6164.70 | 6013.20 | 7555.60 | 6620.70 | 5410.60 | Good |
| Profit | 245.40 | 297.50 | 310.80 | 313.60 | 261.80 | Good |
| Expenses | 5758.40 | 5662.40 | 7171.30 | 6264.00 | 5103.40 | High |
| Assets | 6587.60 | 6235.30 | 6041.60 | 5679.10 | 5196.00 | Growing |
| Networth | — | — | 2331.90 | 2038.20 | 1734.40 | Growing |
| Borrowings | 2599.80 | 2403.30 | 2440.90 | 2271.40 | 2597.90 | Good |
Amount ₹ in Crores if not stated separately
Belrise Industries Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 7555.60 | 6620.70 | 5410.60 |
| Revenue from Operations % | 7555.60 | 6620.70 | 5410.60 |
| ROE % | 16.44 | 16.60 | 14.18 |
| ROCE % | 14.83 | 14.04 | 12.86 |
| EBITDA | 938.30 | 897.60 | 763.40 |
| EBITDA Margin % | 14.15 | 13.64 | 12.54 |
| PAT Margin % | 4.85 | 4.77 | 4.15 |
| Debt to Equity Ratio | — | — | — |
| Earnings Per Share (in ₹) | 4.78 | 4.82 | 4.02 |
| Return on Networth % | 13.33 | 15.39 | 15.10 |
| Net Asset Value | 35.94 | 31.41 | 26.66 |
Belrise Industries Limited IPO Peer Group Comparison
| Company | Revenue from Operations (₹ Cr) | Face Value (₹) | P/E | EPS (Basic) (₹) | RoNW (%) | NAV (₹) |
|---|---|---|---|---|---|---|
| Belrise Industries Limited | 7484.24 | 5.00 | NA | 4.78 | 13.33 | 35.94 |
| Bharat Forge Ltd | 15682.07 | 2.00 | 58.94 | 20.43 | 13.84 | 153.90 |
| Uno Minda Ltd | 13910.36 | 2.00 | 62.19 | 15.36 | 21.68 | 91.71 |
| Motherson Sumi Wiring India Ltd | 8321.36 | 1.00 | 39.42 | 1.44 | 42.45 | 3.79 |
| JBM Auto Ltd | 4723.19 | 2.00 | 45.52 | 15.12 | 22.21 | 98.75 |
| Endurance Technologies Ltd | 10052.03 | 10.00 | 44.76 | 48.38 | 16.24 | 353.86 |
| Minda Corporation Ltd (Spark Minda) | 4651.10 | 2.00 | 51.32 | 9.65 | 13.99 | 82.84 |
Objects of the Belrise Industries IPO Offer
Belrise Industries Limited filed to raise ₹2150 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S.No. | Objects of the Issue | Amt (in Cr) |
|---|---|---|
| 1 | Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the Company | 1618.1 Cr |
| 2 | General corporate purposes | |
| Total |
Amount ₹ in Crores if not stated separately
Belrise Industries Limited Office Address
Belrise Industries Limited
Plot No D-39 MIDC
Area Waluj
Aurangabad 431133,
Maharashtra, India
Belrise Industries IPO Details FAQs
1. What is the Belrise Industries IPO ?
Belrise Industries IPO is a Book Building issue of ₹2150 Crore, offering about 23.89 Crore to the public.
2. What is the Belrise Industries IPO price band and face value per share?
Price band for Belrise Industries IPO is ₹85 to ₹90 per equity share. The face value of each share is ₹5 per equity share.
3. When will Belrise Industries IPO open date for subscription?
Belrise Industries IPO open date for subscription is 21 May 2025 and close date is 23 May 2025 at 3:15 PM.
4. What is the Belrise Industries IPO Investors reservation portions?
The Belrise Industries IPO has allocated 35% for Retail, 15% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the Belrise Industries IPO ?
This IPO is a complete Fresh Issue of 23.89 Crore shares worth ₹2150 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Belrise Industries IPO ?
In the Belrise Industries IPO , the minimum investment for Retail investors is 1 lot (166 shares), totaling ₹14940. For NIIs, the investment is 14 lots (2324 shares), amounting to ₹209160. QIBs need ₹1001880 to subscribe to 67 lots (11122 shares) of the Belrise Industries IPO.
7. How to apply for the Belrise Industries IPO ?
One can apply for Belrise Industries IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Belrise Industries IPO Lot Size?
Belrise Industries IPO one lot size is 166 equity shares.
9. What is the Belrise Industries IPO Allotment Date?
Belrise Industries IPO Allotment Date is 26 May 2025.
10. What is the Belrise Industries IPO Listing Date?
Belrise Industries IPO listing date is 28 May 2025.