As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the Belrise Industries IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed Belrise Industries IPO review which will help you to make the decision.
Strengths and Weaknesses of Belrise Industries IPO
Strengths:
- Belrise Limited is one of the top 3 companies that produce components for two-wheeler vehicles, holding a 24% share of the entire market.
- Over the years, the company has established its presence across India by collaborating with them and building longstanding relationships with customers by providing incredible products and services.
- Belrise Industries is run by skilled founders and a professional management team who have strong experience in the automotive industry.
- The company is involved in the sale of both electric and non-electric vehicles, and they are planning to continue growing in the market with the high demand for electric vehicles.
Weaknesses:
- Out of 15 manufacturing facilities, 7 manufacturing facilities are situated in the state of Maharashtra, which leads to problems like the risk of regional issues negatively impacting the business and its financial performance.
- If not properly utilized, our manufacturing facilities, which are working at the current levels, result in a downward trend in profit margins, or any shutdown or slowdown in the manufacturing facilities can negatively affect the financial performance of the company.
- The company’s revenue and income are mainly generated through the sale of automotive components for two-wheeler vehicles. Any reduction in the demand for two-wheelers can harm the business performance, finances, and cash flow.
- Any changes in the prices of raw materials or supply problems can negatively affect the business performance, operations, and cash flow.
Belrise Industries IPO Details
| IPO Size: | ₹2,150 crores |
| Offer-for-sale: | No offer-for-sale |
| Fresh issue: | ₹2,150 crores |
| Price band: | ₹85 to ₹90 |
| Subscription: | Opens on May 21, 2025, and the closing date is May 23, 2025 |
| Purpose of IPO: | Fresh Issue |
Belrise Industries IPO Open and closing date?
The Belrise Industries IPO will open for subscription on May 21, 2025, and close on May 23, 2025.
What is the size of the Belrise Industries IPO?
The company planned to raise funds of around ₹2,150 crores via an IPO. This IPO comprises only a fresh issue of ₹2,150 crores with no Offer-for-sale component, with a face value of ₹10 each.
What are the subscription details of the Belrise Industries IPO?
The Belrise Industries IPO price range is set at ₹85 to ₹90 per share. In this IPO, a total of 166 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 2158 shares in 13 lot sizes were available, for the S-HNI Minimum category, 2,324 shares were available in 14 lot sizes. While for the B-HNI Minimum category, 11,122 shares were available in 67 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,940 and maximum investment of ₹1,94,220.
- Small HNI (S-HNI): Minimum investment of ₹2,09,160.
- Big HSI (S-HNI): A minimum investment of 10,00,980 is required.
What is the Belrise Industries IPO listing Date?
Belrise Industries is a Mainboard IPO shares will be listed on May 28, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the Belrise Industries IPO Issue?
The objective behind raising funds via a fresh issue is to utilize the proceeds for the repayment/pre-payment of the existing borrowings taken by the company. The remaining funds will be used to support the general corporate purposes of the company.
About Belrise Industries
Belrise Industries, founded in 1996, is one of the leading automotive parts companies involved in the manufacturing of a wide range of safety-critical and engineering solutions for Two-Wheeler, Three-Wheeler, and Four-Wheeler passenger and commercial vehicles. Belrise Industries also provides a wide range of services like metal and polymer processing, Surface Treatment, Mirror Systems, Suspension Systems, Foundry, Home Appliances, Security Hardware, E-mobility, and Floriculture. Bajaj Auto, Tata Motors, Mahindra, Royal Enfield, and Jaguar Land Rover are the major clients of the company. The company comprises 15 manufacturing facilities across 9 cities as of June 2024.
Belrise Industries IPO Financials
The company reported revenue of ₹7,555.67 crores in 2024 against ₹6,620.78 crores in 2023. The company reported a profit of ₹310.88 crores in 2024 against a profit of ₹313.66 crores in 2023.
Belrise Industries IPO Promoters
Shrikant Shankar Badve, Supriya Shrikant Badve, and Sumedh Shrikant Badve are the promoters of the company.
Who are the Belrise Industries IPO lead managers and registrar?
Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, Jefferies India Private Limited, and SBI Capital Markets Limited are the lead managers of Belrise Industries, while MUFG Intime India Private Limited is the registrar to the issue.
Should you Apply or not for the Belrise Industries IPO?
Belrise Industries is one of the renowned manufacturers of automotive components for two, three, and four wheelers, along with commercial and agricultural vehicles.
With over 30 years of experience, Belrise Limited decided to broaden its brand by adding precision sheet metal pressing and fabrication. Polymer parts, designing and producing suspension systems, as well as offering coating and painting services. The company produces chassis systems, exhaust systems, body-in white parts, polymer components, battery containers, suspensions, steering columns, and more than 1000 different items.
In FY24, the company has generated a revenue of ₹74,842.41 million from operations. If we compare it to last year, we can see the jump in the revenue increased by approximately 13.70%. By establishing a deep understanding with its customers and global OEMs, it allowed them to design complex products easily, with purity and safety.
From our perspective, investing in the Belrise Industries IPO could lead to significant gains. As we all know, in India, Electric vehicles are in high demand right now, showcasing potential growth in the automotive component and manufacturing sector. This implies that Belrise Industries Limited may offer high returns and can provide excellent short-term gains.
However, at the end, we always recommend doing a good financial background check on the company to avoid the potential risks and losses. Please invest cautiously and at your own risk.
