Latest news with #BelriseIndustriesLtd
Time of India
28-05-2025
- Automotive
- Time of India
Belrise Industries shares list at 11% premium on NSE
NEW DELHI: Belrise Industries Ltd shares made a strong debut on Wednesday, listing at over 11% premium to the issue price of Rs 90 per share. The shares opened at Rs 100 on the NSE, reflecting an 11.11% premium over the issue price. Tired of too many ads? go ad free now On the BSE, it started at Rs 98.50, showing a 9.44 per cent increase, before reaching Rs 103.20, marking a 14.66 per cent rise. The company achieved a market capitalisation of Rs 8,262.53 crore. The company's initial public offer witnessed substantial interest, particularly from institutional investors, achieving a 41.30-times subscription by Friday's closing. The Rs 2,150-crore share sale was offered within a price range of Rs 85-90 per share. Established in the year 1988, Belrise Industries, as an automotive components manufacturer specialises in safety-critical systems and engineering solutions across various vehicle segments, including two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles.
News18
24-05-2025
- Business
- News18
Belrise Industries IPO Allotment On May 26: Check GMP Today, Final Subscription Status
Last Updated: The current grey market premium of Belrise Industries is now 25.56 per cent based on the upper IPO price of 113, indicating listing gains for investors. Even as the Belrise Industries IPO closed on Friday receiving a strong 43.14 times subscription, all eyes are now on its allotment. The allotment is scheduled to take place on Monday, May 26. Here's a step-by-step guide to check allotment status online, and the latest GMP. On the final day of bidding on Friday, the Belrise Industries IPO received a 43.14 times subscription, with a bidding of 7,21,33,41,590 shares against the offered shares of 16,72,22,223. The retail and NII participation stood at 4.52 times and 40.58 times, respectively. Its qualified institutional buyer (QIB) category got a 112.63 times subscription. Belrise Industries IPO GMP Today According to various observers tracking GMP of Belrise Industries, the current grey market premium of Belrise Industries is now 25.56 per cent based on the upper IPO price of 113, indicating listing gains for investors. The shares of Belrise Industries Ltd are scheduled to be listed on BSE and NSE on May 28, 2025. A Step-By-Step Guide To Check Allotment Status The Belrise Industries IPO allotment will take place on Monday, May 26. The IPO allotment status can be checked online by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Belrise Industries Ltd' in the dropbox. 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. You can also visit directly on the registrar Link Intime's portal — and check the Belrise Industries IPO allotment status. Belrise Industries IPO More Details Belrise Industries aims to raise Rs 2,150.00 crores through this bookbuilding IPO. Following Ather Energy and Borana Weaves, Belrise Industries is the third company in the mainboard segment to launch an IPO in FY26. The company, based in Pune, set a price band of Rs 85-90 per share. The public offer consists entirely of a fresh issue of 23.89 crore equity shares, valued at Rs 2,150 crores. There is no offer-for-sale component in this IPO. In the allocation of shares, 50% is reserved for qualified institutional bidders, 15% for non-institutional investors, and 35% for retail investors. Purpose of the IPO The primary objective of this IPO is to reduce the company's debt. Out of the net proceeds, Rs 1,618.1 crore will be used to repay debt, while the rest will go towards general corporate purposes. Financial Performance For the nine months ending December of the previous year, Belrise Industries reported a profit of Rs 245.5 crore, a decline of 17.5% compared to the same period the previous year. Revenue for this period increased slightly by 0.9% to Rs 6,013.4 crore. About the Company Belrise Industries is an Indian automotive component manufacturer offering a variety of safety-critical systems and engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agricultural vehicles. Their clients include prominent companies like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
News18
23-05-2025
- Automotive
- News18
Belrise Industries IPO Closes Today: Should You Apply? Check Subscription Status, Latest GMP
Last Updated: The current grey market premium of Belrise Industries is now 25.56 per cent based on the upper IPO price of 113, indicating listing gains for investors. Belrise Industries IPO: The initial public offering (IPO) of Belrise Industries Ltd, which is going to be opened today, May 23, has received over four-times subscription from investors. As of 10:19 am on the final day of bidding on Friday, the Belrise Industries IPO received a 4.40 times subscription, with a bidding of 73,52,70,772 shares against the offered shares of 16,72,22,223. The retail and NII participation stood at 1.93 times and 15.01 times, respectively. Its qualified institutional buyer (QIB) category got a 0.76 times subscription. Belrise Industries aims to raise Rs 2,150.00 crores through this bookbuilding IPO. Following Ather Energy and Borana Weaves, Belrise Industries is the third company in the mainboard segment to launch an IPO in FY26. Price Band And Lot Size The company, based in Pune, has set a price band of Rs 85-90 per share. Investors can bid for a minimum of 166 equity shares in one lot, with additional bids to be made in multiples of this lot size. The public offer consists entirely of a fresh issue of 23.89 crore equity shares, valued at Rs 2,150 crores. There is no offer-for-sale component in this IPO. In the allocation of shares, 50% is reserved for qualified institutional bidders, 15% for non-institutional investors, and 35% for retail investors. The primary objective of this IPO is to reduce the company's debt. Out of the net proceeds, Rs 1,618.1 crore will be used to repay debt, while the rest will go towards general corporate purposes. Financial Performance For the nine months ending December of the previous year, Belrise Industries reported a profit of Rs 245.5 crore, a decline of 17.5% compared to the same period the previous year. Revenue for this period increased slightly by 0.9% to Rs 6,013.4 crore. About the Company Belrise Industries is an Indian automotive component manufacturer offering a variety of safety-critical systems and engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agricultural vehicles. Their clients include prominent companies like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. Belrise Industries IPO Allotment And Listing The allotment of shares is expected to be finalized on Monday, May 26, 2025. The IPO is set to be listed on the BSE and NSE, with a tentative listing date of Wednesday, May 28, 2025. Belrise Industries IPO: Should You Subscribe? Bajaj Broking in its IPO note recommends 'subscribe for long term' for Belrise Industries IPO, saying, the company is a leading player in precision sheet metal pressing and fabrication, holding a 24% market share in India's two-wheeler metal components segment as of FY2024. It, however, cautions that the company's top 10 customers contributed 57.42% of revenue in Q1 FY2024. Any disruption in these relationships or adverse changes in their financial health could negatively impact the company's business and cash flows. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: May 23, 2025, 10:28 IST
News18
22-05-2025
- Business
- News18
Belrise Industries IPO Day 2: Check Subscription Status, GMP Today
Last Updated: The current grey market premium of Belrise Industries is now 15.56 per cent based on the upper IPO price of 90, indicating listing gains for investors. Belrise Industries IPO GMP Today: The Initial Public Offering (IPO) of Belrise Industries Ltd, which opened on May 21, has received a muted response from investors. Belrise Industries aims to raise Rs 2,150.00 crores through this bookbuilding IPO. Following Ather Energy and Borana Weaves, Belrise Industries is the third company in the mainboard segment to launch an IPO in FY26. As of 10:39 am, the Belrise Industries IPO received a 1.09 times subscription, with a bidding of 16,72,22,223 shares against the offered shares of 16,72,22,223. Price Band And Lot Size The company, based in Pune, has set a price band of Rs 85-90 per share. Investors can bid for a minimum of 166 equity shares in one lot, with additional bids to be made in multiples of this lot size. The public offer consists entirely of a fresh issue of 23.89 crore equity shares, valued at Rs 2,150 crores. There is no offer-for-sale component in this IPO. In the allocation of shares, 50% is reserved for qualified institutional bidders, 15% for non-institutional investors, and 35% for retail investors. Belrise Industries IPO GMP Today According to various observers tracking GMP of Belrise Industries, the current grey market premium of Belrise Industries is now 15.56 per cent based on the upper IPO price of 90, indicating listing gains for investors. The primary objective of this IPO is to reduce the company's debt. Out of the net proceeds, Rs 1,618.1 crore will be used to repay debt, while the rest will go towards general corporate purposes. Financial Performance For the nine months ending December of the previous year, Belrise Industries reported a profit of Rs 245.5 crore, a decline of 17.5% compared to the same period the previous year. Revenue for this period increased slightly by 0.9% to Rs 6,013.4 crore. About the Company Belrise Industries is an Indian automotive component manufacturer offering a variety of safety-critical systems and engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agricultural vehicles. Their clients include prominent companies like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. Belrise Industries IPO Allotment And Listing The allotment of shares is expected to be finalized on Monday, May 26, 2025. The IPO is set to be listed on the BSE and NSE, with a tentative listing date of Wednesday, May 28, 2025. Belrise Industries IPO: Should You Subscribe? Bajaj Broking in its IPO note recommends 'subscribe for long term' for Belrise Industries IPO, saying, the company is a leading player in precision sheet metal pressing and fabrication, holding a 24% market share in India's two-wheeler metal components segment as of FY2024. It, however, cautions that the company's top 10 customers contributed 57.42% of revenue in Q1 FY2024. Any disruption in these relationships or adverse changes in their financial health could negatively impact the company's business and cash flows. First Published: May 22, 2025, 10:52 IST
Business Upturn
22-05-2025
- Automotive
- Business Upturn
Belrise Industries IPO subscribed 0.67 times on Day 1; NII leads demand, Check GMP
By News Desk Published on May 22, 2025, 05:47 IST The ₹2,150 crore initial public offering (IPO) of Belrise Industries Ltd opened to a moderate response on May 21, 2025, with an overall Day 1 subscription of 0.67 times. The public issue, which is priced in the range of ₹85–₹90 per share, will remain open until May 23. Investor demand was driven primarily by Non-Institutional Investors (NIIs), who subscribed 1.44 times their allotted quota. Retail investors subscribed 0.48 times, while the Qualified Institutional Buyer (QIB) portion was subscribed only 0.42 times. Grey market premium (GMP) for Belrise Industries improved notably on Day 1 of the IPO, rising to ₹15, up from ₹8 the previous two days. This rebound in GMP reflects recovering sentiment in the grey market despite mixed initial demand. The IPO requires a minimum investment of ₹14,110 for one lot (166 shares), while retail investors can bid for up to 13 lots, totalling ₹1,94,220. About the company Belrise Industries is a homegrown automotive component manufacturer offering engineering solutions across vehicle categories, including EVs and internal combustion engine vehicles. Its diversified product portfolio includes metal chassis systems, polymer parts, suspension systems, and exhaust modules. IPO timeline Offer ends: May 23, 2025 Allotment: May 26, 2025 Listing date: May 28, 2025 Post-issue, the promoter shareholding will fall from 90.3% to 66.06%, while the public stake will rise to 26.85%. Disclaimer: This article is for informational purposes only. It does not constitute investment advice. Please consult a financial advisor before making any investment decisions. News desk at
