Belrise Industries IPO GMP, Open Date, Price Band, Issue Size

  • 21-Dec-2024
  • 2 mins read
Belrise Industries IPO

Belrise Industries IPO GMP will be available once the IPO is open for subscription. Belrise Industries Limited files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the last week of January 2025. This upcoming IPO is a book-built issue worth up to Rs 2,150 crore fresh issue equity shares. This IPO is offering entirely fresh issue equity shares.

Belrise Industries IPO GMP

Belrise Industries IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Belrise Industries IPO GMP will also rise.

Belrise Industries IPO Open Date, Close Date

Belrise Industries IPO's open date and close date are expected to be in the last week of January 2025. However, as of now, the open and close date has not yet been finalised.

Belrise Industries IPO Price Band

Belrise Industries IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small NII, the minimum investment will be around Rs 2,08,600.

Belrise Industries IPO Issue Size

Belrise Industries's IPO issue size is worth up to Rs 2,150 crore of fresh issue equity share. This IPO is offering an entirely fresh issue, which means there is no offer for sale included in this upcoming IPO. The total number of equity shares in the Belrise Industries IPO has not yet been disclosed; however, the exact amount that will be issued is Rs 2,150 crore.

Belrise Industries IPO Allotment Status

Belrise Industries IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Belrise Industries IPO Listing Date

Belrise Industries IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Belrise Industries IPO: Listing Date, Lot Size, Price Band

IPO Open Date

Last Week of Jan 2025 (Expected)

Listing Date

Last week of Jan 2025 - 1st week of Feb 2025 (Expected)

Face Value

Rs 5 per share

Price

Yet to be announced

Lot Size

Yet to be announced

Total Issue Size

[-] shares

(aggregating up to Rs 255 Cr)

Fresh Issue

 [-] shares

(aggregating up to Rs 255 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Belrise Industries Limited: About the Company


Belrise Industries Limited, incorporated on September 25, 1996, is a prominent player in the Indian automotive sector, specialising in manufacturing components for two-wheeler, three-wheeler, and four-wheeler vehicles.

With its headquarters in Aurangabad, Maharashtra, the company has grown significantly over the years, boasting an authorised share capital of INR 450 crore and a paid-up capital of INR 325.50 crore. Belrise operates over 15 manufacturing facilities across India and employs more than 15,000 people.

The company is dedicated to innovation and quality, serving major OEMs both domestically and internationally. Belrise Industries is known for its varied product range, including metal processing and polymer components, and is a leader in the automotive component industry.

Belrise Industries IPO Objectives

Belrise Industries IPO's objective is to utilise the net proceeds into the repayment or prepayment, in full or part, of certain outstanding borrowings amounting to Rs 1618.01 crores and for general corporate purposes.

Belrise Industries IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Last Week of Jan 2025   (Expected)

IPO Close Date

Last Week of Jan 2025 (Expected)

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

Last week of Jan 2025 - 1st week of Feb 2025

(Expected)

Cut-off time for UPI mandate

Yet to be announced

Belrise Industries Financials

Belrise Industries Limited posted revenue of Rs 7,484.24 crore and net profit of Rs 310.88 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 13.70% and PAT dropped by -0.89% between the FY ending on 31 March 2024 and 31 March 2023.

Period Ended

30-Jun-24

31-Mar-24

31-Mar-23

Assets

6,110.19

6,041.65

5,679.15

Revenue

1,780.97

7,484.24

6,582.50

Profit After Tax

71.58

310.88

313.66

Total Borrowing

2,463.58

2,440.98

2,271.40

Belrise Industries IPO Subscription Details, IPO Reservation

Belrise Industries IPO subscription details will be available soon. Belrise Industries IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Belrise Industries IPO Lot Size Details

Belrise Industries IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small NII, the minimum investment will be around Rs 2,08,600.

Belrise Industries IPO Promoter Holdings

Shrikant Shankar Badve, Supriya Shrikant Badve And Sumedh Shrikant Badve. The promoters' shareholdings before the IPO were 99.81%; however, after the IPO, shareholdings will decline.

Belrise Industries IPO Registrar

Belrise Industries IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Belrise Industries IPO Lead Managers

Belrise Industries's IPO lead managers are Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited.

How to apply to Belrise Industries IPO

Interested investors can apply to the Belrise Industries IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.


Belrise Industries IPO FAQ

1. What are the details of the Belrise Industries IPO?
Belrise Industries' IPO is a book-built issue worth up to Rs 2,150 crore in fresh issue equity shares. The company is offering an entirely fresh issue; there will be no offer for sale.

2. When will the Belrise Industries IPO open and close?
Belrise Industries IPO's open date is expected to be the last week of January 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Belrise Industries IPO GMP?
Belrise Industries IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Belrise Industries IPO GMP will also rise.

4. What are the details of the Belrise Industries IPO reservation?
Belrise Industries IPO subscription details will be available soon. Belrise Industries IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.
Belrise Industries IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and the lead managers for Belrise Industries IPO?
Belrise Industries IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager(s) of Belrise Industries IPO Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited.

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