News & Updates

Belrise IPO 2025: Dates, Price Band & GMP
May 17, 2025
Established in 1988, Belrise Industries Limited specializes in manufacturing critical automotive components including sheet metal parts, castings, polymer elements, suspension systems, and mirror assemblies for two-wheelers, three-wheelers, and four-wheel passenger/commercial vehicles. As a leading Indian automotive component manufacturer, the company produces essential safety systems and engineering solutions for various vehicle segments, including agricultural equipment.
The company’s comprehensive product range features metal chassis systems, polymer components, suspension assemblies, body-in-white parts, and exhaust systems. Belrise serves 27 global OEMs as of June 2024, including major automotive brands like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. The company operates 15 manufacturing plants across nine cities in eight Indian states.
The Belrise Industries IPO will be open for subscription from May 21-23, 2025, offering shares in the ₹85-90 price range. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The share allotment will be finalized by May 26, 2025, with listing scheduled on both BSE and NSE on May 28, 2025.
In 2024, the company reported revenues of ₹7,555.67 crores, showing growth from ₹6,620.78 crores in 2023. While profits saw a marginal change, standing at ₹310.88 crores in 2024 compared to ₹313.66 crores in the previous year.
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 | Approx ₹2,150 Crores |
Fresh Issue | Approx ₹2,150 Crores |
Issue Type | Book building 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 Dates
The initial public offering of Belrise Industries will be available for subscription from May 21 to May 23, 2025.
IPO Open Date | Wed, May 21, 2025 |
IPO Close Date | Fri, May 23, 2025 |
Tentative Allotment | Mon, May 26, 2025 |
Refunds | Tue, May 27, 2025 |
Credit of Shares to Demat | Tue, May 27, 2025 |
IPO Listing Date | Wed, May 28, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 23, 2025 |
Belrise Industries IPO Market Lot
The minimum investment for Belrise Industries IPO is set at 166 shares (1 lot) worth ₹14,940. Retail investors can bid for up to 13 lots (2,158 shares), totaling ₹1,94,220.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 166 | ₹14,940 |
Retail Maximum | 13 | 2,158 | ₹1,94,220 |
S-HNI Minimum | 14 | 2,324 | ₹2,09,160 |
B-HNI Minimum | 67 | 11,122 | ₹10,00,980 |
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Should You Invest in Integrity Infrabuild Developers IPO?
May 12, 2025
Established in 2017, Integrity Infrabuild Developers Limited is a Class-A civil construction contractor registered with the Government of Gujarat. The company specializes in executing government infrastructure projects across the state and frequently engages subcontractors to strengthen its footprint in Gujarat’s construction industry.
As of March 31, 2025, the company holds ongoing contracts worth ₹20,598 lakhs, out of which ₹4,291 lakhs have been completed, while the balance ₹16,307 lakhs remains in its order book. The firm employs 53 full-time workers, including key managerial personnel (KMP), office staff, and project execution teams (comprising semi-skilled, unskilled laborers, and drivers).
Integrity Infrabuild Developers initial public offering (IPO) will open for subscription from May 13 to May 15, 2025, with a fixed price band of ₹100 per equity share. The allocation structure reserves 50% for retail investors and 50% for high-net-worth individuals (HNIs), with no quota for qualified institutional buyers (QIBs). The share allotment will be finalized on May 16, 2025, followed by listing on the NSE on May 20, 2025.
Financially, the company has demonstrated strong growth, with revenue increasing to ₹64.63 crores in 2024 from ₹45.23 crores in 2023. Similarly, profits surged to ₹0.95 crores in 2024, marking a significant jump from ₹0.29 crores in the previous year, reflecting improved operational efficiency and business expansion.
Integrity Infrabuild Developers IPO Details
IPO Date | May 13, 2025 to May 15, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price | ₹100 per share |
Lot Size | 1,200 Shares |
Total Issue Size | Approx ₹12.00 Crores |
Fresh Issue | Approx ₹12.00 Crores |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 31,00,000 shares |
Share Holding Post Issue | 43,00,000 shares |
Integrity Infrabuild Developers IPO Dates
The initial public offering (IPO) of Integrity Infrabuild Developers will be available for subscription from May 13, 2025, to May 15, 2025.
IPO Open Date | Tue, May 13, 2025 |
IPO Close Date | Thu, May 15, 2025 |
Tentative Allotment | Fri, May 16, 2025 |
Refunds | Mon, May 19, 2025 |
Credit of Shares to Demat | Mon, May 19, 2025 |
IPO Listing Date | Tue, May 20, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 15, 2025 |
Integrity Infrabuild Developers IPO Market Lot
The minimum market lot for Integrity Infrabuild Developers’ IPO is 1,200 shares, requiring an application amount of ₹1,20,000.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,20,000 |
Retail Maximum | 1 | 1200 | ₹1,20,000 |
S-HNI Minimum | 2 | 2,400 | ₹2,40,000 |

Virtual Galaxy Infotech Limited IPO: Should You Invest?
May 6, 2025
Virtual Galaxy Infotech Limited (VGIL), established in September 1997 and headquartered in Nagpur, Maharashtra, is a leading IT services and consulting firm specializing in cutting-edge software solutions. The company serves diverse industries, including Banking & Finance, ERP, e-Governance, Cloud Computing, Big Data, IoT, and System Integration, with a strong track record of serving over 5,000 bank branches, manufacturing units, and corporate clients.
VGIL’s flagship product, “e-banker,” is a robust Core Banking Solution designed to meet the evolving needs of financial institutions. Backed by a team of 300+ skilled professionals, the company delivers automation, compliance, and decision-support solutions that enhance operational efficiency.
With a strong presence in 15+ Indian states and expanding operations in Tanzania and Malawi, VGIL caters to BFSI clients (commercial & cooperative banks, NBFCs, SACCOs) as well as corporate sectors like sugar, textiles, fertilizers, and education. As of December 2024, the company employs 329 professionals.
The initial public offering (IPO) of Virtual Galaxy Infotech will be open for subscription from May 9 to May 14, 2025, with a price band set at ₹135 to ₹142 per share. The allocation is divided among investor categories, with 35% reserved for retail investors, 50% for QIBs, and 15% for HNIs. The shares are scheduled to list on the NSE on May 19, 2025, while the allotment of shares will be finalized by May 15, 2025.
On the financial front, the company has demonstrated strong growth, with revenue increasing from ₹59.76 crores in 2023 to ₹63.58 crores in 2024. More notably, its profitability surged significantly, with net profit jumping from ₹0.72 crores in 2023 to ₹16.54 crores in 2024, reflecting robust operational performance and improved financial health.
Virtual Galaxy Infotech IPO Details
IPO Date | May 9, 2025 to May 14, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price | ₹135 to ₹142 per share |
Lot Size | 1,000 Shares |
Total Issue Size | Approx ₹93.29 Crores |
Fresh Issue | Approx ₹93.29 Crores |
Issue Type | Book Built IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 1,82,98,635 shares |
Share Holding Post Issue | 2,48,68,635 shares |
Virtual Galaxy Infotech IPO Dates
The initial public offering (IPO) of Virtual Galaxy Infotech will open for subscription on May 9, 2025, and close on May 14, 2025.
IPO Open Date | Fri, May 9, 2025 |
IPO Close Date | Wed, May 14, 2025 |
Tentative Allotment | Thu, May 15, 2025 |
Refunds | Fri, May 16, 2025 |
Credit of Shares to Demat | Fri, May 16, 2025 |
IPO Listing Date | Mon, May 19, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 14, 2025 |
Virtual Galaxy Infotech IPO Market Lot
The IPO of Virtual Galaxy Infotech has a minimum bid lot of 1,000 shares, with a total application value of ₹1,42,000.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,42,000 |
Retail Maximum | 1 | 1000 | ₹1,42,000 |
S-HNI Minimum | 2 | 2000 | ₹2,84,000 |

All You Need to Know About Manoj Jewellers Limited IPO
May 6, 2025
Established in 2007, Manoj Jewellers Limited specializes in the retail sale of exquisite gold and diamond jewellery, adorned with precious and semi-precious stones. The brand is renowned for its diverse collection of 22KT gold jewellery, featuring earrings, rings, necklaces, bracelets, pendants, bangles, and wedding jewellery, blending traditional and contemporary designs. Additionally, the company offers a selection of silver jewellery and gold coins in various weights, including 8-gram options.
Committed to quality, Manoj Jewellers ensures all products are BIS-hallmarked, guaranteeing purity and authenticity. The company maintains strict quality checks, competitive pricing, and prompt delivery to build customer trust. Located at No. 59, NSC Bose Road, Sowcarpet, Chennai, the brand operates with a dedicated team of 14 employees as of April 28, 2025, delivering reliable and stylish jewellery solutions.
Manoj Jewellers IPO will open for subscription on May 5, 2025, and close on May 7, 2025, with a price band set at ₹54 per share. The allocation is divided into 50% for retail investors and 50% for HNIs, with no quota reserved for QIBs. The shares are scheduled to list on the BSE on May 12, 2025, while the allotment will be finalized by May 8, 2025.
Financially, the company has shown strong growth, reporting a revenue of ₹43.38 crores in 2024, a significant increase from ₹13.64 crores in 2023. Profits also surged, reaching ₹3.24 crores in 2024, compared to ₹0.62 crores in the previous year, reflecting robust business performance.
Manoj Jewellers IPO Details
IPO Date | May 5, 2025 to May 7, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price | ₹54 per share |
Lot Size | 2,000 Shares |
Total Issue Size | Approx ₹16.20 Crores |
Fresh Issue | Approx ₹16.20 Crores |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 59,85,628 shares |
Share Holding Post Issue | 89,85,628 shares |
Manoj Jewellers IPO Dates
The initial public offering of Manoj Jewellers will be available for subscription from May 5 to May 7, 2025.
IPO Open Date | Mon, May 5, 2025 |
IPO Close Date | Wed, May 7, 2025 |
Tentative Allotment | Thu, May 8, 2025 |
Refunds | Fri, May 9, 2025 |
Credit of Shares to Demat | Fri, May 9, 2025 |
IPO Listing Date | Mon, May 12, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 7, 2025 |
Manoj Jewellers IPO Market Lot
Manoj Jewellers IPO, the minimum market lot consists of 2,000 shares, requiring an application amount of ₹1,08,000.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2000 | ₹1,08,000 |
Retail Maximum | 1 | 2000 | ₹1,08,000 |
S-HNI Minimum | 2 | 4000 | ₹2,16,000 |

Srigee DLM IPO: Key Details, Subscription Status, and GMP Insights
May 6, 2025
Incorporated as Srigee Enterprises Private Limited on December 20, 2005, the company—now known as Srigee DLM Private Limited—started with plastic mouldings for consumer durables. By 2013, it expanded into home appliance mouldings and enhanced its production capacity with advanced injection molding machines.
Today, Srigee DLM Private Limited specializes in design-led manufacturing and assembly services, offering expertise in plastic injection moulding, tool room & die manufacturing, mobile phone sub-assembly, and polymer compounding & trading. It serves key industries, including consumer durables, home appliances, automotive components, and electronics, providing high-quality, cost-effective manufacturing solutions to leading OEMs.
The company operates across multiple business verticals:
- Plastic Injection Moulding & Assembly
- Tool Room & Die Manufacturing
- Cellular Phone Assembly & Moulding
- Polymer Compounding & Trading
With a strong emphasis on quality, timely delivery, and cost efficiency, Srigee DLM has established long-term partnerships with major OEMs such as Symphony Limited, Starion, Dipty Lal Judge Mal Pvt. Ltd. (DLJM), and Syntyche Tradex Enterprises.
Srigee DLM IPO will open for subscription on May 5, 2025, and close on May 7, 2025, with a price band set at ₹94 to ₹99 per share. The allocation is divided into 35% for retail investors, 50% for QIBs, and 15% for HNIs. The equity shares are scheduled to debut on the BSE on May 12, 2025, with share allotments being completed by May 8, 2025.
The company has demonstrated consistent financial improvement, with revenues climbing to ₹54.65 crores in 2024 compared to ₹47.25 crores in the previous fiscal year. Profits also saw an increase, rising to ₹3.10 crores in 2024 compared to ₹2.81 crores in the previous year, reflecting improved operational performance.
Srigee DLM IPO Details
IPO Date | May 5, 2025 to May 7, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | ₹94 to ₹99 per share |
Lot Size | 1,200 Shares |
Total Issue Size | Approx ₹16.98 Crores |
Fresh Issue | Approx ₹16.98 Crores |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 42,58,800 shares |
Share Holding Post Issue | 59,73,600 shares |
Srigee DLM IPO Dates
Srigee DLM IPO subscription window runs from May 5, 2025, to May 7, 2025.
IPO Open Date | Mon, May 5, 2025 |
IPO Close Date | Wed, May 7, 2025 |
Tentative Allotment | Thu, May 8, 2025 |
Refunds | Fri, May 9, 2025 |
Credit of Shares to Demat | Fri, May 9, 2025 |
IPO Listing Date | Mon, May 12, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 7, 2025 |
Srigee DLM IPO Market Lot
The Srigee DLM IPO has a minimum bid lot of 1,200 shares, amounting to ₹1,18,800 per application.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,18,800 |
Retail Maximum | 1 | 1200 | ₹1,18,800 |
S-HNI Minimum | 2 | 2,400 | ₹2,37,600 |

Ather Energy IPO Details: Investment Highlights and Timeline
April 28, 2025
Ather Energy Limited, founded in 2013, is a leading Indian electric two-wheeler manufacturer specializing in designing and producing electric scooters, battery packs, and charging infrastructure. The company follows a vertically integrated business model with in-house R&D, manufacturing, and software development. It sold 107,983 units in the first nine months of FY2025 and 109,577 units in FY2024. Ather has expanded its presence with 265 experience centers and 233 service centers across India, along with international operations in Nepal and Sri Lanka.
As of February 2025, Ather held 303 trademarks, 201 registered designs, and 45 patents, with several more pending approval. The company’s strategy focuses on vertical integration, software-defined products, premium positioning, and capital efficiency. It employs 2,454 people, including both permanent and contractual staff.
The upcoming IPO consists of a fresh issue of 8.18 crore shares worth ₹2,626.30 crore and an offer for sale of 1.11 crore shares worth ₹354.76 crore, totaling ₹2,981.06 crore. The price band has been set at ₹304 to ₹321 per share, with bidding open from April 28 to 30, 2025. The allotment will be finalized on May 2, 2025, and the shares are expected to list on BSE and NSE on May 6, 2025. Retail investors can apply for a minimum of 46 shares (₹13,984-₹14,766), while institutional investors have higher minimum investment requirements. The IPO also includes an employee reservation of up to 1 lakh shares offered at a ₹30 discount. The company’s strong intellectual property portfolio, expanding distribution network, and focus on premium electric vehicles position it well in India’s growing EV market.
Ather Energy IPO Details
IPO Date | April 28, 2025 to April 30, 2025 |
Listing Date | [.] |
Face Value | ₹1 per share |
Issue Price Band | ₹304 to ₹321 per share |
Lot Size | 46 Shares |
Issue Size | ₹2,980.73 Crores |
Fresh Issue | Approx ₹2,626 Crores |
Offer for Sale | 1,10,51,746 shares of ₹1 |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 29,06,43,469 shares |
Share Holding Post Issue | 37,24,59,668 shares |
Ather Energy IPO Dates
The initial public offering (IPO) of Ather Energy will be available for subscription from April 28, 2025, with the bidding window remaining open until April 30, 2025.
IPO Open Date | Mon, Apr 28, 2025 |
IPO Close Date | Wed, Apr 30, 2025 |
Tentative Allotment | Fri, May 2, 2025 |
Refunds | Mon, May 5, 2025 |
Credit of Shares to Demat | Mon, May 5, 2025 |
IPO Listing Date | Tue, May 6, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on April 30, 2025 |
Ather Energy IPO Market Lot
Ather Energy’s IPO has a minimum lot size of 46 shares (₹14,766). Retail investors can bid for up to 13 lots (598 shares), totaling ₹1,91,958.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 46 | ₹14,766 |
Retail Maximum | 13 | 598 | ₹1,91,958 |
S-HNI Minimum | 14 | 644 | ₹2,06,724 |
B-HNI Minimum | 68 | 3,128 | ₹10,04,088 |