Home Mainline IPOs Belrise Industries IPO
Orion Industries logo

Belrise Industries IPO

Open MainLine
BSE,NSE 21 May - 23 May 2025
Belrise Industries Limited IPO is a book build issue of 2150 Cr. The issue is entirely a fresh issue of 238888888 shares aggregating to 2150 Cr. Belrise Industries Limited IPO opened for subscription on May 21, 2025 and closed on May 23, 2025. The allotment for the this IPO was finalized on May 26, 2025. IPO was listed on NSE and BSE on May 28, 2025. Belrise Industries Limited IPO is set issue price band at ₹85 to ₹90 per share.

Current GMP

₹21 (+23.33%)

Price Band

₹ 85 – 90

Lot Size

166

Issue Size

₹2150 Cr

Minimum Investment

₹14940 (166 Shares)

Listing Date

28 May 2025

Subscription

41.3x

About the Company

Belrise Industries Limited is a leading automotive component manufacturer based in India, established in 1996. The company specializes in precision sheet metal pressing and fabrication, offering over 1,000 distinct products that cater to a wide range of vehicles including two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles. Its diverse product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white parts, exhaust systems, battery containers, and steering columns. Belrise’s components are largely agnostic to vehicle powertrain types, allowing it to effectively serve both electric vehicles and internal combustion engine vehicles—positioning the company well for the transition to electric mobility.

Belrise has experienced strong financial growth, with revenue from operations reaching ₹74,842.41 million in FY2024, up from ₹65,824.96 million in FY2023 and ₹53,968.54 million in FY2022, reflecting a CAGR of 17.76%. For the nine months ending December 31, 2024, revenue grew to ₹60,134.26 million, showing a slight year-on-year increase. The company holds a significant market share of 24% in the two-wheeler metal components segment in India and also operates in the three-wheeler and four-wheeler segments. It serves 29 original equipment manufacturers (OEMs) and exports to several international markets including Austria, Slovakia, the UK, Japan, and Thailand.

Belrise operates 17 manufacturing facilities across 10 cities in nine Indian states as of March 2025, following the acquisition of H-One India Private Limited. These facilities support both backward integration (such as tool making, tube bending, and press operations) and forward integration (system assembly, coating, and painting), enabling the company to maintain high production capacity and quality standards. The acquisition of H-One enhanced Belrise’s capabilities in four-wheeler metal stamping and complex tool design, further strengthening its position in the market.

With a strong focus on innovation and engineering, Belrise has a 159-member product development team specializing in design, simulation, prototyping, and testing. This capability has enabled the development of advanced and proprietary products, including patented suspension systems and high-precision steering columns. The company operates on a just-in-time inventory model, ensuring agile supply chain management and close collaboration with OEMs to meet evolving industry requirements. Belrise’s reputation for quality is reinforced by 31 awards received from customers and industry bodies, making it a preferred multi-product vendor in the automotive components industry.

Promoters

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

Holding Pre Issue

99.81%

Holding Post Issue

73.01%

Objects of the Issue

The Company intends to utilise the Net Proceeds from the Issue towards funding the following objects (the “Objects”)

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

Address / Contact Info

Belrise Industries Limited
Plot No D-39 MIDC
Area Waluj
Aurangabad 431133
Maharashtra

Phone: +910240 255120
Email: complianceofficer@belriseindustries.com
Website: http://www.belriseindustries.com/

IPO Snapshot

Face Value₹5 per share
Price Band₹ 85 – 90
Lot Size166
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 2,150.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 2,150.00 Cr
Listing AtBSE,NSE
Industry
Sector
QIB Quota28.57%
BNII Quota14.29%
SNII Quota7.14%
Retail Quota50%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Belrise Industries IPO is a Book-building IPO worth ₹2150 crores. The price band is ₹85 to 90 per share. The IPO opens on Wed, May 21, 2025 and closes on Fri, May 23, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Belrise Industries IPO opens on Wed, May 21, 2025 and closes on Fri, May 23, 2025

Belrise Industries IPO Price Band is ₹85 to 90.

Belrise Industries IPO lot size is 166, and the minimum amount required for application is ₹14940.

The minimum investment for Belrise Industries IPO is approximately ₹14940 based on the upper price band.

To apply for the Belrise Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, May 23, 2025. After submission, funds are blocked until the basis of allotment of Belrise Industries IPO is finalised.

Belrise Industries IPO issue size is ₹2150 crores.

Belrise Industries IPO allotment date is Sat, Jun 27, 2026.

The registrar for Belrise Industries IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Belrise Industries IPO through their official website or helpline.

The Belrise Industries IPO GMP (Grey Market Premium) is ₹21 as of Wed, May 28, 2025. Based on the upper price band of ₹90 per share, the estimated Belrise Industries IPO listing price is ₹111, indicating a potential listing gain of approximately 31% over the issue price.