Belrise Industries Ltd. IPO

Min Investment
₹ 14,940 / 166 shares
Price Range
₹85 - ₹ 90
Bidding Dates
21 May '25 - 23 May '25
Total Issue Value
2,150.00 Cr
Lot Size
166
Total Issue Size
2,150.00 Cr
Listing At
BSE, NSE
Subscription
43.74 times
BSE Price
185.40 (106%)
NSE Price
185.34 (105.93%)

IPO Timeline

  • 21 May 2025
    Bidding Starts
  • 23 May 2025
    Bidding Ends
  • 26 May 2025
    Allotment Finalization
  • 28 May 2025
    Listing

About Belrise Industries Ltd.

We are an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. Our product portfolio includes metal chassis systems, ... Read more

Parent organisation
Founded
Belrise Industries Ltd.
1996

Belrise Industries Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 7,16,66,667 (30%)
Non Institutional Investors 3,58,33,333 (15%)
Qualified Institutional Buyers (QIBs) 4,77,77,777 (20%)
Retail Individual Investors (RIIs) 8,36,11,111 (35%)

Belrise Industries Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 6,658.58 Cr 332.48 Cr 2,251.55 Cr
31 Mar 2024 6,106.73 Cr 307.62 Cr 1,919.67 Cr

Belrise Industries Ltd. Background

Major Events And Milestones
  • 1996
    Incorporation of our Company as ‘Badve Engineering Private Limited’
  • 1997
    Setup a manufacturing plant in Aurangabad.
  • 2001
    Setup an additional manufacturing plant for a large two-wheeler manufacturing OEM.
  • 2004
    Setup a manufacturing plant in Ranjangaon near Pune.
  • 2007
    Setup a manufacturing plant in Uttarakhand for a large two-wheeler manufacturing OEM.
  • 2008
    Company converted into ‘Public Limited Company’
  • 2010
    Ventured into four-wheeler commercial vehicles space for supply of chassis frames (CV)
  • 2011
    Ventured into four-wheeler commercial vehicles parts supply space for Ashok Leyland Limited
  • 2012
    Started supply of chassis to Honda Motors & Scooters India Private Limited and components to VE Commercial Vehicles Limited
    Company reached a turnover of ₹10,000.00 million.
  • 2016
    Achieved a turnover of over ₹25,000.00 million
    Ventured in new product line of suspension systems with acquisition of the suspension division from an international OEM near Pune.
  • 2017
    Setup a manufacturing plant facility for supply of frames and silencer parts, in Gujarat.
    Commenced supply of components to Jaguar Land Rover Automotive PLC (JLR) in Europe.
    Established a wholly owned subsidiary ‘Badve Engineering Trading FZE’ in Ras Al Khaimah Free Zone, UAE
  • 2022
    Ventured into the EV space with supply of suspension system to EV OEMs.
    Company was rebranded as ‘Belrise Industries Limited’
  • 2023
    Obtained the rights to utilize the technology to manufacture hub motors pursuant to a technology transfer agreement with a prominent Chinese motor manufacturer.
  • 2024
    Ventured into renewable energy products and received an LOI from a major North American solar power company, Nextracker LLC.
    Started supply of Exhaust Systems for a CNG-powered vehicle.
    Entered into a business transfer agreement for transfer of machinery and contracts pertaining to the business to the Company.
Belrise Industries Ltd. Object of Issues

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. General corporate purposes

Belrise Industries Ltd. IPO Listing Details
Listing Date
28 May 2025
BSE Script Code
BELRISE
NSE Symbol
BELRISE
ISIN
INE894V01022
Final Issue Price
₹ 90
Belrise Industries Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 90.00 ₹ 90.00
Open ₹ 98.50 ₹ 100.00
Low ₹ 91.36 ₹ 91.55
High ₹ 103.20 ₹ 102.40
Last Trade ₹ 97.37 ₹ 97.41
Belrise Industries Ltd. Company Promoters

1. Shrikant Shankar Badve
2. Supriya Shrikant Badve
3. Sumedh Shrikant Badve

Industry Overview

The global two-wheeler metal components market was valued at ?1,453.85 billion in 2023, and is expected to be valued at ?1,767.28 billion in 2029, growing at a CAGR of 3.29% between 2024 and 2029. (Source: Paragraph 1 on page 79 of CRISIL Report) Further, the two-wheeler metal products market ... Read more

Belrise Industries Ltd. Contact Details
Address: Plot No D-39, MIDC Area Waluj, Aurangabad Maharashtra - 431133
Phone no:2551206
2551206
|
Belrise Industries Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Belrise Industries Ltd. IPO Lead Manager(s)
Jefferies India Pvt. Ltd.
16th Floor, Express Towers, Nariman Point, Mumbai Maharashtra - 400021
4356600

FAQs

When does Belrise Industries Ltd. IPO opens and closes?

Belrise Industries Ltd. IPO opens from 21st May to 23rd May 2025.

What is the size of Belrise Industries Ltd. IPO?

The size of the Belrise Industries Ltd. IPO is ₹2,150.00 Cr.

What is the price range of Belrise Industries Ltd. IPO?

The price range of Belrise Industries Ltd. IPO is at ₹85 to ₹90 per share.

What is the minimum investment and lot size required for the Belrise Industries Ltd. IPO?

The minimum investment required is ₹14,940 and minimum lot size is 166 shares.

When is Belrise Industries Ltd. IPO listing date?

The Belrise Industries Ltd. IPO will be listed on 28th May 2025.

What is the objective of Belrise Industries Ltd. IPO?

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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