Belrise Industries Limited
IPO Details
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Company Fin.
₹21(23.33%)
Premium (ELP)
Belrise Industries Limited's completed its IPO journey with a successful listing on NSE, BSE on May 28, 2025. The public offering mobilized 23,88,88,888 Shares in total capital, comprising 23,88,88,888 Shares in fresh equity.
The offering was conducted within the price band of ₹85 to ₹90, with minimum application lots of 166 shares. Investor participation during the May 21, 2025 to May 23, 2025 subscription window determined the final allocation pattern.
The basis of allotment was announced on May 26, 2025, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Belrise, founded in 1988, is an Indian automotive component manufacturer supplying to 27 OEMs globally as of June 30, 2024. The company operates 15 manufacturing facilities across 9 cities in 8 states. Its diversified product portfolio includes metal components like sheet metal parts, chassis systems, body-in-white parts, exhaust systems and castings. It also manufactures polymer components and functional systems including suspension and mirror systems. Belrise serves leading two-wheeler, three-wheeler, passenger and commercial vehicle manufacturers such as Bajaj, Honda, Hero, Royal Enfield, Tata Motors, Mahindra, Jaguar Land Rover and VE Commercial Vehicles. With the growing EV market and global mobility shift, the company has significant expansion opportunities across multiple automotive segments.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Market Leadership: Leading player in precision sheet metal pressing & fabrication in India.
- Innovation-Driven Engineering: Strong focus on R&D, process engineering, and continuous product innovation.
- Vertically Integrated Manufacturing: In-house capabilities ensure cost efficiency, consistent quality, and faster delivery.
- Geographic Concentration Risk: 7 out of 15 manufacturing facilities are located in Maharashtra, making the business vulnerable to region-specific disruptions.
- Customer Concentration Risk: A major share of revenue comes from the top 10 customers, so losing any key client could significantly impact financial performance.
- Operational Risk: Any inability to maintain optimal capacity utilization or disruptions in manufacturing could reduce margins and profitability.
- Shrikant Shankar Badve
- Supriya Shrikant Badve
- Sumedh Shrikant Badve
Belrise Industries Limited
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