Belrise Industries IPO: Check IPO Date, Live Subscription and Key Details
Belrise Industries Limited, founded in 1988, is a top automotive parts maker in India. It specializes in sheet-metal, castings, polymer parts, suspension, and mirror systems. The company supplies parts for two-wheelers, cars, commercial, and agricultural vehicles—focusing on safety and engineering solutions. Its products include chassis systems, body components, exhaust systems, and more.
Price Range
₹85.00-90.00
Issue Size
₹2,150 Cr
Lot Size
166 shares
IPO Type
Mainboard
GMP
₹21(+23.33%)
Est. Listing Price
₹111
Estimate Profit
₹3,486
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹5
EPS
3.68
P/E Ratio
24.47
RoNW
13.33%
ROE
-%
Debt to Equity
0.97
Advertisement
Timeline
IPO Opens
21 May
IPO Closes
23 May
Allotment
26 May
Listing
28 May
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 21 May 2025 | Subscription starts |
| IPO Close Date | 23 May 2025 | Subscription ends |
| Allotment Date | 26 May 2025 | Allotment |
| Listing Date | 28 May 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,940 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,94,220 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,09,160 |
SHNI (Max)Below ₹10,00,000 | 66 | ₹9,86,040 |
BHNIAbove ₹10,00,000 | 67 | ₹10,00,980 |
IPO Objectives
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
- General Corporate Purposes.
Strengths
- Market leader in precision sheet metal pressing and fabrication with 24% share in India’s two-wheeler metal components segment (FY 2024).
- Vertically integrated manufacturing with 15 facilities across India producing over 1,000 automotive products.
- Vertical integration reduces supplier dependence and strengthens supply chain reliability.
- Serves both internal combustion engine and electric vehicle markets, with EV products growing at a CAGR of 24.6%.
- Strong adaptability to the growing electric vehicle sector ensures future growth opportunities.
Weaknesses
- Regional risk due to 7 of 15 manufacturing plants being in Maharashtra, exposing operations to local disruptions.
- High customer concentration with top 10 customers contributing 57.42% of revenue, risking business if key customers face issues.
- Vulnerability to raw material price volatility, impacting costs and profitability.
- Supply chain disruptions may affect operational results and cash flows.
Advertisement
Financial Performance
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 6,587.69 | 6,041.65 | 5,679.15 | 5,196.07 |
| Revenue (₹ Cr.) | 6,064.76 | 7,555.67 | 6,620.78 | 5,410.68 |
| PAT (₹ Cr.) | 245.47 | 352.7 | 356.7 | 307.24 |
| Net Worth (₹ Cr.) | 2,577.55 | 2,331.92 | 2,038.2 | 1,734.45 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Belrise Industries Ltd. | 0 | 24.47 | 13.33% | 2,577.55 |
| Bharat Forge Ltd. | 7.38 | 58.94 | 13.84% | 7,165 |
| UNO Minda Limited | 7.52 | 62.19 | 21.68% | 5,265 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.44x | 0.73x | 112.63x |
| NII | 1.53x | 9.5x | 40.57x |
| S-HNI | 1.42x | 7.67x | 25.7x |
| B-HNI | 1.58x | 10.41x | 48x |
| RII | 0.52x | 1.64x | 4.46x |
| Total | 0.71x | 3.06x | 43.1x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 4,77,77,779 | 5,38,14,12,734 | 48,432.71 |
| NII | 3,58,33,333 | 1,45,36,28,136 | 13,082.65 |
| Small NII | 1,19,44,444 | 30,70,01,396 | 2,763.01 |
| Big NII | 2,38,88,889 | 1,14,66,26,740 | 10,319.64 |
| RII | 8,36,11,111 | 37,25,50,812 | 3,352.96 |
| Total | 16,72,22,223 | 7,20,75,91,682 | 64,868.33 |
Advertisement
Company Details
- Belrise Industries
- Plot No D-39, MIDC Area, Waluj, Aurangabad - 431133, Maharashtra, India
- +91-0240-255120
- complianceofficer@belriseindustries.com
- http://www.belriseindustries.com/
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- belriseindustries.ipo@linkintime.co.in
- https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Loading comments...