Belrise Industries IPO subscription started on Wednesday, May 21, 2025, and will close on May 23, 2025, as per the schedule. The price band is set at ₹85 to ₹90 per share with a face value of ₹5 each.
Belrise Industries IPO Subscription Status
Belrise Industries IPO subscribed over 0.71x on its First day till 05.00 PM on 21st May, 2025.
- Belrise Industries IPO subscription QIB investors portion is 0.44x times, while NII subscribed 1.52x times and RII investors subscribed 0.51x times.
- The company has received bids for 11,87,35,152 shares against 16,72,22,223 shares on offer on the First day.
- Belrise Industries IPO subscribed over 0.71x on day 1.
About Belrise Industries IPO
Established in 1996, Belrise Industries Limited is one of the renowned automotive parts manufacturing companies known to offer a diverse range of safety-critical and engineering solutions for Two-Wheeler, Three-Wheeler, and Four-Wheeler Passenger and commercial vehicles. Other than that, they are known to offer services like metal and polymer processing, Surface Treatment, Mirror Systems, Suspension Systems, Foundry, Home Appliances, Security Hardware, E-mobility, and Floriculture. What’s so good about them is that their products work with all types of vehicles, including both electric vehicles and internal combustion engines. With over 30 years of experience, the company has decided to expand its abilities beyond limits and include precision sheet metal pressing and fabrication, making polymer parts, designing and producing suspension systems, and offering coating and painting services. Belrise Industries’ portfolio consists of over 1000 different items such as chassis systems, exhaust systems, body-in-white parts, polymer components, battery containers, suspensions, and steering columns. As of June 30, 2024, the company has set up 15 manufacturing plants in 9 states throughout 8 states.
Belrise Industries IPO Company Financial Report
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 GMP:
Belrise Industries IPO GMP was ₹15 as of Wednesday, 21st May, 2025. That indicates the IPO is trading at ₹105 with a ₹15 premium in the grey market against the issue price of ₹90.
