BELRISE INDUSTRIES LIMITED
Price Band
₹ 85 - ₹ 90
Bid Lot
166 Shares
BELRISE INDUSTRIES LIMITED
21-May-2025 - 23-May-2025
Price Band
₹ 85 - ₹ 90
Minimum Investment
₹ 14940.00
Bid Lot
166 Shares
Shares
238,888,888
-
Face Value - Rs. 5/- Per Share
- Lisitng at BSE, NSE
-
503,681 Application Required in Retail for 1 Time.
-
Registrar :
Link Intime India Private Ltd
IPO Details
QIB
50%
(119,444,443 Shares)Rs. 1075.00 CR
HNI 1
5%
(11,944,445 Shares)Rs. 107.50 CR @ 5140 FORM 1X
HNI 2
10%
(23,888,889 Shares)Rs. 215.00 CR @ 10279 FORM 1X
Retail
35%
(83,611,111 Shares)Rs. 752.50 CR @ 503681 FORM 1X
Timeline
-
21
May-2025
Open Date
-
23
May-2025
Close Date
-
26
May-2025
Basis of Allotment Date
-
27
May-2025
Initiation of Refunds
-
27
May-2025
Credit of Shares to Demat A/C
-
28
May-2025
IPO Listing Date
Subscription as on 23-May-2025 12:53
Category
Book Size
Subscription
QIB
4.73x
47,777,778
(₹430.00 Cr.)
225,773,944
(₹2031.97 Cr.)
HNI (<10 LAKH)
16.70x
11,944,445
(₹107.50 Cr.)
199,442,028
(₹1794.98 Cr.)
HNI2 (>10 LAKH)
31.51x
23,888,889
(₹215.00 Cr.)
752,848,678
(₹6775.64 Cr.)
RETAIL
3.00x
83,611,111
(₹752.50 Cr.)
250,418,802
(₹2253.77 Cr.)
Total
8.54x
167,222,223
1,428,483,452
Category
Book Size
Subscription
QIB
4.73x
47,777,778
(₹430.00 Cr.)
225,773,944
(₹2031.97 Cr.)
HNI (<10 LAKH)
16.70x
11,944,445
(₹107.50 Cr.)
199,442,028
(₹1794.98 Cr.)
HNI2 (>10 LAKH)
31.51x
23,888,889
(₹215.00 Cr.)
752,848,678
(₹6775.64 Cr.)
RETAIL
3.00x
83,611,111
(₹752.50 Cr.)
250,418,802
(₹2253.77 Cr.)
Total
8.54x
167,222,223
1,428,483,452
*Excluding Anchor
Total No. of Application Approx : ~1490501 (2.96 Appwise)
HNI Cost
About Company
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.
Strengths
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.
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Largely EV- agnostic product portfolio, strategically positioned to scale in tandem with burgeoning electric vehicle market in India.
- Experienced promoters and management team.
Company Promoters
Company Financials
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,587.69 | 6,041.65 | 5,679.15 | 5,196.07 |
| Revenue | 6,064.76 | 7,555.67 | 6,620.78 | 5,410.68 |
| Profit After Tax | 245.47 | 352.70 | 356.70 | 307.24 |
| Net Worth | 2,577.55 | 2,331.92 | 2,038.20 | 1,734.45 |
| Reserves and Surplus | 2,252.24 | 2,014.43 | 2,024.16 | 1,715.31 |
| Total Borrowing | 2,599.80 | 2,440.98 | 2,271.40 | 2,597.96 |
| Amount in ? Crore | ||||
Objects of the Issue
The Company Belrise Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and | 16,181.27 |
| 2 | General corporate purposes |
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
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Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
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Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
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Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- You will immediately get a fund blocked request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question