Belrise Industries

Belrise Industries

Mainboard

₹14,940 / 166 Shares

Offer Date:May 21, 2025 - May 23, 2025
Share

IPO Live Subscription Details (times)

Date:23 May 2025,06:12:00 PM
QIBs:108.35
NII:Bids above ₹10L: 45.33x
Bids below ₹10L: 24.33x
NII Total: 38.33
Retail:4.27x
Total:41.30 times

IPO Details

Belrise Industries IPO is priced between ₹85-90 per equity share, with a face value of ₹5 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is managing the issue as the registrar.

The IPO bidding period opened on 21 May, 2025, and closed on 23 May, 2025. The allotment results will be announced on 26 May, 2025, with a tentative listing date set for 28 May, 2025.

The total issue comprises 23,88,88,888 shares, amounting to ₹2,150.00 Cr.

Belrise Industries IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
May 21, 2025 - May 23, 202528 May, 2025₹5 Per Equity Share₹85-90 per equity share166 Shares Shares -BSE, NSE

Belrise Industries IPO Timeline

IPO Open Date
21 May, 2025
IPO Close Date
23 May, 2025
Basis of Allotment
26 May, 2025
Listing Date
28 May, 2025

Issue Price

₹85-90 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)

Market Lot

Retail: 166 Shares (₹14,940/-)
S-HNI: 2,324 Shares (₹2,09,160/-)
B-HNI: 11,122 Shares (₹10,00,980/-)

Lead Manager

Axis Capital LimitedHsbc Securities & Capital Markets Pvt LtdJefferies India Private LimitedSBI Capital Markets Limited

Issue Size

23,88,88,888 shares(aggregating up to ₹2,150.00 Cr)

Retail Portion

35% (Number of Retail Applications: 5,03,681 Approx),(Number of S-HNI Applications : 5,140 Approx),(Number of B-HNI Applications : 10,279 Approx)

Subscription

41.29 times

Belrise Industries IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Dec 246587.696064.76245.472577.552252.242599.80
31 Mar 246041.657555.67352.702331.922014.432440.98
31 Mar 235679.156620.78356.702038.202024.162271.40
31 Mar 225196.075410.68307.241734.451715.312597.96

All values are in ₹ Cr.

Belrise Industries IPO Valuations

EPS PRE IPO

₹5.42/-

EPS POST IPO

₹3.68/-

PE PRE IPO

16.61

PE POST IPO

24.47

ROE

%

ROCE

14.83%

DEBT EQUITY

0.97

RONW

13.33%

PAT MARGIN

4.36

PRICE TO BOOK VALUE

2.50

About Company

The Belrise Industries Limited was incorporated in the year 1988 and is one of the leading automotive component manufacturers in India which is itself a specialised producer of automotive sheet-metal and castings, polymer components, suspension systems and mirror systems. The company addresses a large range of vehicles such as two, three, four-wheelers, commercial and agri-vehicles catering to a broad scope of safety-critical systems and engineering solutions.

Belrise Industries, while being quality and innovation oriented, presents a wide range of products that have categorised under metal chassis systems, polymer components, suspensions systems, body-in-white components, and exhaust systems. The company has established long term relationships with the leading OEM’s like Bajaj, Honda, Hero, Royal Enfield, Jaguar Land Rover, VE Commercial Vehicles, Tata Motors, and Mahindra.

By June 30 2024 Belrise Industries services 27 OEM’s Globally with 15 facilities of state of the art manufacturing facilities in 9 cities, in 8 states of India. This strong client base and broad manufacturing footprint demonstrates the importance of the company in the automotive component business on both the domestic and the international fronts.

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Belrise Industries IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved4,77,77779
3,58,33,333

2,38,88,889    1,19,44,444
8,36,11,11116,72,22,223
Day 1 - 21-05-25 05:00 PM0.42 x
1.44

1.49 x   1.33 x
0.48 x0.67 x
Day 2 - 22-05-25 05:00 PM0.69 x
8.96

9.83 x   7.21 x
1.54 x2.89 x
Day 3 - 23-05-25 05:00 PM108.35 x
38.33

45.33 x   24.32 x
4.25 x41.29 x
Total No. of Applications:25,23,410 (Approx)
Retail Subscription:

Retail:3.8x

BHNI:9.5x

SHNI:24x times

Belrise Industries IPO - Issue Objectives

  1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
  2. General corporate purposes
Company Contact Details

Belrise Industries

Plot No D-39 MIDC, Area Waluj Aurangabad - 431133, Maharashtra, India
Registrar Contact Details

Link Intime India Private Ltd