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Belrise Industries IPO Subscription

Listed

Updated 28 May 2025, 9:15 AM IST· Mainboard

Belrise Industries IPO subscription closed on 23 May 2025 at 43.14x overall by shares. QIB demand came in at 112.63x, NII at 40.57x, and retail at 4.46x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 26 May 2025. Listing date on NSE and BSE is 28 May 2025.

Issue Price
Rs 90.00
GMP Today
Rs 21.00 (+23.33%)
Overall Sub
43.14x
Issue Size
₹2150.00 Cr
Allotment
26 May 2025
Listing
28 May 2025

Belrise Industries IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 21 May 20250.44x1.53x0.52x0.71x
Day 2 - 22 May 20250.73x9.50x1.64x3.06x
Day 3 - 23 May 2025112.63x40.57x4.46x43.10x

Belrise Industries IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Belrise Industries IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail4.46x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)25.70x (shares)Updating soon
BHNI (above Rs 10L)48.00x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Belrise Industries IPO Allotment Status page from 26 May 2025 for your result.

Belrise Industries IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 90.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 430.00 CrRs 48,432.71 Cr112.63x
NIIRs 322.50 CrRs 13,082.65 Cr40.57x
sNII (Rs 2L to Rs 10L)Rs 107.50 CrRs 2,763.01 Cr25.70x
bNII (above Rs 10L)Rs 215.00 CrRs 10,319.64 Cr48.00x
RetailRs 752.50 CrRs 3,352.96 Cr4.46x
TotalRs 1,505.00 CrRs 64,868.33 Cr43.10x

Belrise Industries IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB4,77,77,7795,38,14,12,734112.63x
NII3,58,33,3331,45,36,28,13640.57x
sNII (Rs 2L to Rs 10L)1,19,44,44430,70,01,39625.70x
bNII (above Rs 10L)2,38,88,8891,14,66,26,74048.00x
Retail8,36,11,11137,25,50,8124.46x
Total16,72,22,2237,20,75,91,68243.10x

What Do These Subscription Numbers Mean?

43.14x overall by shares means bids covered about 43 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 112.63x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (40.57x by shares). SHNI and BHNI allotment is by lottery.

Retail at 4.46x by shares. Exact lottery chances need application data.

Belrise Industries IPO GMP After Subscription

GMP for Belrise Industries IPO stands at Rs 21.00 today, giving an estimated listing price of Rs 111.00 per share.

A subscription of 43.14x combined with a GMP of 23.33% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Belrise Industries IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Belrise Industries IPO Key Dates

EventDate
IPO Open Date21 May 2025
IPO Close Date23 May 2025
Allotment Date26 May 2025
Refund Initiation27 May 2025
Share Credit to Demat27 May 2025
Listing Date28 May 2025
Minimum InvestmentRs 14,940.00
Lot Size166 shares

About Belrise Industries IPO

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.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Belrise Industries IPO Subscription FAQs

What is Belrise Industries IPO subscription status today?

Belrise Industries IPO subscription closed on 23 May 2025 with overall subscription of 43.14x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 112.63x, NII 40.57x, Retail 4.46x.

What is the overall subscription of Belrise Industries IPO?

Belrise Industries IPO is subscribed 43.14x overall by shares at close on 23 May 2025. QIB 112.63x, NII 40.57x, and Retail 4.46x.

What is Belrise Industries IPO QIB subscription?

Belrise Industries IPO QIB (Qualified Institutional Buyers) subscription is 112.63x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Belrise Industries IPO Retail subscription?

Belrise Industries IPO Retail subscription is 4.46x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Belrise Industries IPO NII, SHNI, and BHNI subscription?

Belrise Industries IPO NII subscription is 40.57x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Belrise Industries IPO retail allotment chances?

Belrise Industries IPO retail share subscription is 4.46x. Application data is needed for exact lottery chances.

What are Belrise Industries IPO SHNI allotment chances?

Belrise Industries IPO SHNI share subscription is 25.70x. Application data is needed for exact lottery chances.

What are Belrise Industries IPO BHNI allotment chances?

Belrise Industries IPO BHNI share subscription is 48.00x. Application data is needed for exact lottery chances.

When is Belrise Industries IPO allotment date?

Belrise Industries IPO allotment date is 26 May 2025. Check Belrise Industries IPO Allotment Status on IPOwiz from that day using your PAN.

When does Belrise Industries IPO subscription close?

Belrise Industries IPO subscription closed on 23 May 2025. No new applications are accepted after the close.

What is Belrise Industries IPO GMP today?

Belrise Industries IPO GMP is ₹21 today (+23.33% over issue price ₹90). See live GMP on the Belrise Industries IPO GMP Today page.

What is Belrise Industries IPO issue price and lot size?

Belrise Industries IPO issue price is ₹90 per share. Lot size is 166 shares. Minimum investment is ₹14,940 per lot. Issue size: ₹2150.00 Cr.

When is Belrise Industries IPO listing date?

Belrise Industries IPO listing date is 28 May 2025 on NSE and BSE. Allotment is on 26 May 2025.

How does subscription affect Belrise Industries IPO allotment?

In Belrise Industries IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 43.14x overall, competition is high.

For allotment results from 26 May 2025, visit the Belrise Industries IPO Allotment Status page. For listing day updates on 28 May 2025, download the IPOwiz App.

Sources

We match Belrise Industries IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.