Established in 1988, Belrise Industries Limited specializes in manufacturing critical automotive components including sheet metal parts, castings, polymer elements, suspension systems, and mirror assemblies for two-wheelers, three-wheelers, and four-wheel passenger/commercial vehicles. As a leading Indian automotive component manufacturer, the company produces essential safety systems and engineering solutions for various vehicle segments, including agricultural equipment.
The company’s comprehensive product range features metal chassis systems, polymer components, suspension assemblies, body-in-white parts, and exhaust systems. Belrise serves 27 global OEMs as of June 2024, including major automotive brands like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. The company operates 15 manufacturing plants across nine cities in eight Indian states.
The Belrise Industries IPO will be open for subscription from May 21-23, 2025, offering shares in the ₹85-90 price range. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The share allotment will be finalized by May 26, 2025, with listing scheduled on both BSE and NSE on May 28, 2025.
In 2024, the company reported revenues of ₹7,555.67 crores, showing growth from ₹6,620.78 crores in 2023. While profits saw a marginal change, standing at ₹310.88 crores in 2024 compared to ₹313.66 crores in the previous year.
Belrise Industries IPO Details
IPO Date | May 21, 2025 to May 23, 2025 |
Listing Date | [.] |
Face Value | ₹5 per share |
Issue Price Band | ₹85 to ₹90 per share |
Lot Size | 166 Shares |
Total Issue Size | Approx ₹2,150 Crores |
Fresh Issue | Approx ₹2,150 Crores |
Issue Type | Book building IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 65,09,90,304 shares |
Share Holding Post Issue | 88,98,79,192 shares |
Belrise Industries IPO Dates
The initial public offering of Belrise Industries will be available for subscription from May 21 to May 23, 2025.
IPO Open Date | Wed, May 21, 2025 |
IPO Close Date | Fri, May 23, 2025 |
Tentative Allotment | Mon, May 26, 2025 |
Refunds | Tue, May 27, 2025 |
Credit of Shares to Demat | Tue, May 27, 2025 |
IPO Listing Date | Wed, May 28, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on May 23, 2025 |
Belrise Industries IPO Market Lot
The minimum investment for Belrise Industries IPO is set at 166 shares (1 lot) worth ₹14,940. Retail investors can bid for up to 13 lots (2,158 shares), totaling ₹1,94,220.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 166 | ₹14,940 |
Retail Maximum | 13 | 2,158 | ₹1,94,220 |
S-HNI Minimum | 14 | 2,324 | ₹2,09,160 |
B-HNI Minimum | 67 | 11,122 | ₹10,00,980 |