Belrise Industries IPO
IPO Listing Details
- Listing Date
28 May 2025
- Listing Price
₹98.50
- Listing Change
9.44%
- Last Traded Price
₹160.97
Belrise Industries IPO Details
-
Open Date
21 May 2025
-
Close Date
23 May 2025
-
Listing Date
28 May 2025
- IPO Price Range
₹ 85 to ₹ 90
- IPO Size
₹ 2150 Cr
- Listing Exchange
BSE NSE
Belrise Industries IPO Timeline
Belrise Industries IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 21-May-25 | 0.44 | 1.53 | 0.52 | 0.71 |
| 22-May-25 | 0.73 | 9.49 | 1.64 | 3.06 |
| 23-May-25 | 112.63 | 40.58 | 4.52 | 43.14 |
Last Updated: 26 May 2025 11:19 AM by 5paisa
Belrise Industries is launching a ₹2,150 crore book-built IPO. The company manufactures safety-critical automotive components, including metal chassis systems, polymer parts, suspension, exhaust, and mirror systems. Its products serve two-, three-, and four-wheelers, commercial and agri-vehicles. Clients include Bajaj, Hero, Honda, JLR, and Tata Motors. As of June 30, 2024, Belrise operates 15 plants and supplies 27 OEMs globally, positioning it as a key player in India’s auto components sector.
Established in: 1988
Managing Director: Mr. Shrikant Shankar Badve
Peers
Bharat Forge Ltd
Uno Minda Ltd
Motherson Sumi Wiring India Ltd
JBM Auto Ltd
Endurance Technologies Ltd
Minda Corporation Ltd (Spark Minda)
Belrise Industries Objectives
1. Repayment/pre-payment of certain borrowings
2. General corporate purposes
Belrise Industries IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹2,150 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹2,150 Cr. |
Belrise Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | 14,110 |
| Retail (Max) | 13 | 2158 | 183,430 |
| S-HNI (Min) | 14 | 2324 | 197,540 |
| S-HNI (Max) | 66 | 10956 | 931,260 |
| B-HNI (Min) | 67 | 11122 | 945,370 |
Belrise Industries IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 112.63 | 4,77,77,779 | 5,38,14,12,734 | 48,432.71 |
| NII (HNI) | 40.58 | 3,58,33,333 | 1,45,42,93,132 | 13,088.64 |
| Retail | 4.52 | 8,36,11,111 | 37,76,69,754 | 3,399.03 |
| Total** | 43.14 | 16,72,22,223 | 7,21,33,75,620 | 64,920.38 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Belrise Industries IPO Anchor Allocation
| Anchor Bid Date | May 20, 2025 |
| Shares Offered | 7,16,66,665 |
| Anchor portion Size (In ₹ Cr.) | 645.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 24, 2025 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 5,410.68 | 6,620.78 | 7,555.67 |
| EBITDA | 763.48 | 897.66 | 938.36 |
| PAT | 307.24 | 356.70 | 352.70 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 5,196.07 | 5,679.15 | 6,041.65 |
| Share Capital | 20.34 | 20.34 | 325.50 |
| Total Borrowings | 2,597.96 | 2,271.40 | 2,440.98 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 474.36 | 789.49 | 582.35 |
| Net Cash Generated From / (used in) investing activities | -543.13 | -194.26 | -361.64 |
| Net Cash Generated From / (used in) financing activities | -529.53 | -141.34 | -106.55 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -30.19 | 65.70 | 79.37 |
Strengths
● Market leader in precision sheet metal pressing and fabrication
● Strong innovation and technology-driven product development capabilities
● Vertically integrated, efficient manufacturing infrastructure
● Long-term relationships with leading domestic and global OEMs
Weaknesses
● Ongoing legal proceedings may harm reputation and financial health
● Limited public visibility despite scale and client base
● High dependency on automotive industry cycles
● Complex operations may strain internal management systems
Opportunities
● Rising demand for auto components in India and abroad
● Growth in EVs benefits their EV-agnostic product line
● Increasing export potential to new global markets
● Scope for new tech-driven product innovation
Threats
● Failure to adapt to industry trends may impact competitiveness
● International business brings legal, tax, and compliance challenges
● Rapid tech shifts may outpace internal R&D
● Market volatility could affect OEM demand and orders
● Belrise has shown consistent revenue growth, crossing ₹7,500 crore in FY24.
● The IPO proceeds aim to reduce debt and strengthen the balance sheet.
● Its EV-agnostic, safety-critical components serve 27 OEMs, including major global brands.
● Backed by 15 manufacturing plants and strong export presence, it’s likely positioned for global scale-up.
● Belrise commands a 24% share in India’s two-wheeler metal components segment.
● The company supplies to 27 OEMs across Austria, UK, Japan, Thailand, and more.
● It acquired H-One India to boost capabilities in lightweight, high-tensile steel parts.
● India’s auto component industry may reach $200 billion by FY26, driven by demand and exports.
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FAQs
Belrise Industries IPO opens from 21 May 2025 to 23 May 2025.
The size of Belrise Industries IPO is ₹2,150 Cr.
The price of Belrise Industries IPO is fixed at ₹85 to ₹90 per share.
To apply for Belrise Industries IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Belrise Industries IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Belrise Industries IPO is 166 shares and the investment required is ₹14,110.
The share allotment date of Belrise Industries IPO is 26 May 2025
The Belrise Industries IPO will likely be listed on 28 May 2025.
Axis Capital Ltd, HSBC Securities & Capital Markets Pvt Ltd, Jefferies India Pvt Ltd, SBI Capital Markets Ltd are the book running lead managers for Belrise Industries IPO.
Belrise Industries plans to utilise the raised capital from the IPO for:
● Repayment/pre-payment of certain borrowings
● General corporate purposes
Belrise Industries Contact Details
Belrise Industries Limited
Plot No D-39
MIDC
Area Waluj
Phone: +910240 255120
Email: complianceofficer@belriseindustries.com
Website: http://www.belriseindustries.com/
Belrise Industries IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: belriseindustries.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Belrise Industries IPO Lead Manager
Axis Capital Limited
HSBC Securities & Capital Markets Pvt Ltd
Jefferies India Private Limited
SBI Capital Markets Limited
