Belrise Industries IPO Date
Belrise Industries' IPO will open for subscription on May 21, 2025, and the closing date for the IPO is May 23, 2025. After this, investors are expected to be updated about the allotment status on Friday, May 26, 2025.
Investors who have been allotted shares can expect them to be credited to their demat account on May 27, 2025. The shares will be listed on the NSE and the BSE on Tuesday, May 28, 2025.
Belrise Industries IPO Price Band
The IPO is complete fresh issue of shares. The IPO price band has been set between ₹85 to ₹90 per share. Interested investors can choose a price within this band to apply for the IPO.
The IPO is a book-building issue of over 23.8 crore shares worth ₹2,150 crore.
The Belrise Industries IPO listing price will be determined on May 28, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.
Belrise Industries IPO Lot Size
The Belrise Industries IPO details have been declared. The minimum lot size for an application is 166 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹2,150 crore.
● The company is one of the leading players in India's 2-wheeler metal components sector, holding a 24% market share as of March 31, 2024. The market is expected to grow at an 11-13% CAGR over the next five years. ● The company can leverage advanced automation, robotics, IoT, and in-house engineering expertise across metal, polymer, and suspension systems to deliver high-precision, innovative automotive components.
The company operates 17 vertically integrated, strategically located manufacturing facilities offering over 1,000 products, enabling just-in-time delivery and high quality.
● The company maintains longstanding relationships with 29 global OEMs, including Bajaj Auto, Honda, Tata Motors, and Jaguar Land Rover, supported by proximity-based manufacturing, multi-product supply capabilities, and reserved production lines. ● The company’s largely EV-agnostic portfolio accounted for 56% of FY24 revenue, with dedicated EV product revenue growing at a 24.6% CAGR and expanding across multiple OEM platforms. ● The company is led by experienced first-generation promoters and a professionally qualified management team with industry expertise and an average senior leadership tenure of eight years. ● There is potential to increase exports by supplying to multinational tier-1 suppliers and OEMs in Europe and North America. ● The growth in solar power capacity in India offers an opportunity to supply sheet metal parts for solar panels. ● The growing automotive components aftermarket provides an opportunity to expand product lines and distribution networks