IPO Issue Details
Issue Price / Price Band₹90 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size166 Shares per Lot
Total Issue Size23,88,88,888 shares (aggregating up to ₹2,150.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 21 May 2025
Subscription CloseFri, 23 May 2025
Anchor AllotmentTue, 20 May 2025
Basis of AllotmentMon, 26 May 2025
Initiation of RefundsTue, 27 May 2025
Credit of Shares to DematTue, 27 May 2025
Listing DateWed, 28 May 2025
UPI Mandate Deadline2025-05-23
Application & Investment Details
Retail — Min (1 Lots)14,940 — 166 shares
Retail — Max (13 Lots)₹194,220 (13 Lots)
HNI — Min (14 Lots)2,09,160 — 2324 shares
EPS (Pre-IPO)₹5.42
EPS (Post-IPO)₹3.68
P/E Ratio (Pre-IPO)16.61x
P/E Ratio (Post-IPO)24.47x
Pre-IPO Promoter Holding65,09,90,304 shares
Post-IPO Promoter Holding88,98,79,192 shares
About Belrise Industries Ltd.
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 have 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.
Objects of the Issue
Belrise Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company
1,618.13
2
General corporate purposes
410.49
Shareholding & Lock-in
Pre-IPO Promoter Holding
65,09,90,304 shares
Post-IPO Promoter Holding
88,98,79,192 shares
Lock-in Period (30%)June 25, 2025
Lock-in Period (50%)August 24, 2025