Belrise Industries IPO Subscription Status
Belrise Industries IPO closed on 23 May 2025 with an overall subscription of 43.14x based on shares applied. QIB demand came in at 112.63x, NII at 40.57x, and retail at 4.46x.
Allotment will be finalised on 26 May 2025. The stock is scheduled to list on NSE and BSE on 28 May 2025.
Issue Price
Rs 90.00
GMP Today
Rs 21.00 (+23.33%)
Overall Subscription
43.14x
Issue Size
₹2150.00 Cr
Allotment Date
26 May 2025
Listing Date
28 May 2025
Belrise Industries IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 90.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 430.00 Cr | Rs 48,432.71 Cr | 112.63x |
| NII | Rs 322.50 Cr | Rs 13,082.65 Cr | 40.57x |
| sNII (Rs 2L to Rs 10L) | Rs 107.50 Cr | Rs 2,763.01 Cr | 25.70x |
| bNII (above Rs 10L) | Rs 215.00 Cr | Rs 10,319.64 Cr | 48.00x |
| Retail | Rs 752.50 Cr | Rs 3,352.96 Cr | 4.46x |
| Total | Rs 1,505.00 Cr | Rs 64,868.33 Cr | 43.10x |
Belrise Industries IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 4,77,77,779 | 5,38,14,12,734 | 112.63x |
| NII | 3,58,33,333 | 1,45,36,28,136 | 40.57x |
| sNII (Rs 2L to Rs 10L) | 1,19,44,444 | 30,70,01,396 | 25.70x |
| bNII (above Rs 10L) | 2,38,88,889 | 1,14,66,26,740 | 48.00x |
| Retail | 8,36,11,111 | 37,25,50,812 | 4.46x |
| Total | 16,72,22,223 | 7,20,75,91,682 | 43.10x |
What Do These Subscription Numbers Mean?
A subscription of 43.14x by shares means the IPO received bids for 43 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 112.63x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 112.63x, it reflects serious institutional conviction.
NII at 40.57x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 4.46x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Belrise Industries IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 4.46x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 25.70x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 48.00x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Belrise Industries IPO Allotment Status page from 26 May 2025 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 21 May 2025 | 0.44x | 1.53x | 0.52x | 0.71x |
| Day 2 - 22 May 2025 | 0.73x | 9.50x | 1.64x | 3.06x |
| Day 3 - 23 May 2025 | 112.63x | 40.57x | 4.46x | 43.10x |
Belrise Industries IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 21 May 2025 |
| IPO Close Date | 23 May 2025 |
| Allotment Date | 26 May 2025 |
| Refund Initiation | 27 May 2025 |
| Share Credit to Demat | 27 May 2025 |
| Listing Date | 28 May 2025 |
| Minimum Investment | Rs 14,940.00 |
| Lot Size | 166 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Belrise Industries IPO Subscription FAQs
What is Belrise Industries IPO IPO subscription status today?
Belrise Industries IPO IPO subscription closed on 23 May 2025 with overall subscription of 43.14x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 112.63x, NII 40.57x, Retail 4.46x.
What is the overall subscription of Belrise Industries IPO IPO?
Belrise Industries IPO 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 IPO QIB subscription?
Belrise Industries IPO 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 IPO Retail subscription?
Belrise Industries IPO IPO Retail subscription is 4.46x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Belrise Industries IPO IPO NII subscription?
Belrise Industries IPO IPO NII (Non-Institutional Investors) subscription is 40.57x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Belrise Industries IPO IPO for retail?
Belrise Industries IPO IPO retail share subscription is 4.46x. Application-wise data is needed for accurate lottery odds.
When is Belrise Industries IPO IPO allotment date?
Belrise Industries IPO 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 IPO subscription close?
Belrise Industries IPO IPO subscription closed on 23 May 2025. No new applications are accepted after the close.
What is Belrise Industries IPO IPO GMP today?
Belrise Industries IPO 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 IPO issue price and lot size?
Belrise Industries IPO 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 IPO listing date?
Belrise Industries IPO IPO listing date is 28 May 2025 on NSE and BSE. Allotment is on 26 May 2025.
How does subscription affect Belrise Industries IPO IPO allotment?
Allotment odds in Belrise Industries IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.