Belrise Industries IPO allotment: Step-by-step guide to check status
The allotment status for Belrise Industries' initial public offering (IPO) is now available. Belrise Industries IPO opened for subscription on Wednesday, May 21, 2025, and saw strong demand across all investor categories.The company planned to raise Rs 2,150 crore through the IPO, which was entirely a fresh issue of 23.89 crore equity shares.The IPO received a good response from all types of investors. By the end of the three-day bidding period on May 23, it was subscribed 43.14 times. The retail category was subscribed 4.52 times, while qualified institutional buyers (QIBs) booked 112.63 times the shares reserved for them. Non-institutional investors (NIIs) showed solid interest too, with a subscription of 40.58 times.The price band for the IPO was set between Rs 85 and Rs 90 per share.HOW TO CHECK ALLOTMENT STATUSIf you applied for the Belrise Industries IPO, you can check the allotment status online either on the BSE website or the website of the registrar, Link Intime India Private Limited (officially known as MUFG Intime India Private Limited).Here are the steps to check the allotment:Through BSE website:Visit the BSE IPO allotment page.Select 'Equity'.Choose 'Belrise Industries Limited' from the dropdown list.Enter your application number and PAN card number.Complete the captcha and click submit.Through Link Intime India's website:Go to the Link Intime India website.Select 'Belrise Industries Limited' from the dropdown menu.Choose either the application number, demat account number, or PAN to search.Enter the required details along with the captcha code.Click on 'Submit' to view your status.Once the allotment is finalised, successful applicants will receive the shares in their demat accounts, while refunds for unallocated shares will be processed.LISTING DATE AND GMPBelrise Industries shares are expected to be listed on both the BSE and NSE on Wednesday, May 28, 2025.Meanwhile, the grey market premium (GMP) has increased in the past few days. As of the morning of May 26, the last reported GMP for Belrise Industries IPO was Rs 27.5.With the upper price band at Rs 90, the estimated listing price is around Rs 117.5 per share. This means the shares could list at a premium of about 30.56% over the issue price, depending on market conditions.
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