Belrise Industries IPO - Day 3 Subscription at 5.52 Times

Belrise Industries' initial public offering (IPO) has shown strong progress through its three-day subscription period. The ₹2,150.00 crore IPO has witnessed solid demand, with subscription rates opening at 0.71 times on day one, rising to 3.06 times on day two, and reaching 5.52 times by 11:09:33 AM on the final day, demonstrating growing investor enthusiasm for this automotive component manufacturing company that offers a diverse range of safety-critical systems for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.

Belrise Industries IPO non-institutional investors segment leads with an impressive 19.25 times subscription, while retail investors show solid interest at 2.33 times and qualified institutional buyers demonstrate participation at 0.82 times, reflecting investor confidence in this company that services a total of 27 OEMs globally and has established 15 manufacturing facilities across nine cities in eight states.

Belrise Industries IPO subscription reaching solid 5.52 times on the final day, led by NII (19.25x), Retail (2.33x) and QIB (0.82x). Check the details at 5paisa.

Subscription Status of Belrise Industries IPO:

Here are the subscription details for Belrise Industries IPO as of Day 3 (May 23, 2025, 11:09:33 AM):

Key Highlights - Day 3:

• Overall subscription reaching a solid 5.52 times, showing strong investor enthusiasm for this large-sized IPO
• NII segment showing impressive demand at 19.25 times, more than double day two's 9.50 times
• Larger NIIs (above ₹10L) are particularly active at 22.74 times, reflecting institutional investor confidence
• Retail investors demonstrating good interest at 2.33 times, up from day two's 1.64 times
• QIB segment showing steady growth to 0.82 times, up from day two's 0.73 times
• Total applications reaching 11,66,309, indicating widespread investor participation
• The cumulative bid amount reached an impressive ₹8,310.49 crores, almost four times the issue size
• Final day subscription figures reflecting strong confidence in the automotive component sector
• All investor categories are showing good subscription participation, demonstrating broad-based investor confidence. QIB showing improving participation, approaching full subscription 

Belrise Industries IPO - Day 2 Subscription at 3.06 Times

Key Highlights: Day 2

• Overall subscription rising to 3.06 times, showing more than four-fold growth from day one
• NII segment showing strong demand at 9.50 times, more than six times, on day one's 1.53 times
• Larger NIIs leading with 10.41 times subscription, indicating growing institutional interest
• Retail investors showing improved participation at 1.64 times, more than triple day one's 0.52 times
• QIB segment showing growth to 0.73 times, up from day one's 0.44 times
• Second-day momentum indicates strong investor confidence across multiple categories
• Market response highlighting growing belief in the automotive component manufacturing sector
• Manufacturing expertise in safety-critical systems is attracting increased investor attention

Belrise Industries IPO - Day 1 Subscription at 0.71 Times

Key Highlights: Day 1

• Overall subscription opening at 0.71 times, showing steady first-day interest for this large IPO
• NII segment beginning at 1.53 times, indicating early high net-worth investor confidence
• Retail investors are showing initial interest at 0.52 times, reflecting early individual participation
• QIB segment showing early participation at 0.44 times on day one
• Opening day demonstrated moderate investor engagement across categories, typical for large IPOs
• Initial momentum reflecting a positive assessment of the automotive component sector opportunity
• Manufacturing expertise in automotive systems draws initial investor attention
• First day, setting a solid foundation for growth in subsequent days

About Belrise Industries

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, and body-in-white components. 

Financial performance shows solid growth with revenue increasing from ₹5,410.68 crores in FY2022 to ₹7,555.67 crores in FY2024, while profit after tax rose from ₹307.24 crores to ₹352.70 crores during the same period. For the nine months ended December 2024, the company reported revenue of ₹6,064.76 crores with PAT of ₹245.47 crores. The company maintains strong financial metrics with 14.83% ROCE and 13.33% RONW, while operating with a debt-to-equity ratio of 0.97.

Highlights of the Belrise Industries IPO:

• IPO type: Book Building IPO
• IPO size: ₹2,150.00 crores
• Fresh Issue: 23.89 crore shares
• Face value: ₹5 per share
• Issue price band: ₹85 to ₹90 per share
• Lot size: 166 shares
• Minimum investment for retail investors: ₹14,940
• Minimum investment for sNII: ₹2,09,160 (14 lots)
• Minimum investment for bNII: ₹10,00,980 (67 lots)
• Listing at: BSE, NSE
• IPO opens: May 21, 2025
• IPO closes: May 23, 2025
• Allotment date: May 26, 2025
• Listing date: May 28, 2025