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Belrise Industries IPO Description – Belrise Industries is an automotive component manufacturing company in India offering safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. The company’s product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust systems etc.
Belrise products are agnostic to vehicle powertrain types, hence can cater to both electric vehicles and internal combustion engine vehicles and hence is well positioned to adapt to the growing electric vehicle market. For the Financial Year 2024, its revenue from operations was INR 7,484.24 crore, up from INR 5,396.85 crore for the Financial Year 2022, growth of 18.17% CAGR between Financial Years 2022 and 2024.
Belrise Industries has relationships with many customers including big multinationals like Bajaj Auto, Honda Motorcycle & Scooter India, Hero MotoCorp, Jaguar Land Rover, Royal Enfield Motors etc. As of 30 June 2024, the company service 27 global OEMs for various critical auto components.
Promoters of Belrise Industries – Shrikant Shankar Badve, Supriya Shrikant Badve, and Sumedh Shrikant Badve
Table of Contents
Belrise Industries IPO Details
| Belrise Industries IPO Dates | 21 – 23 May 2025 |
| Belrise Industries IPO Price | INR 85 – 90 per share |
| Fresh issue | INR 2,150 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 2,150 crore |
| Minimum bid (lot size) | 166 shares (INR 14,940) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Belrise Industries Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 5,396.85 | 6,582.50 | 7,484.24 | 6,013.43 |
| Expenses | 5,103.44 | 6,264.08 | 7,171.38 | 5,758.41 |
| Net income | 261.85 | 313.66 | 310.88 | 245.47 |
| Margin (%) | 4.85 | 4.77 | 4.15 | 4.08 |
Belrise Industries Offer News
- Belrise Industries RHP
- Belrise Industries DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Belrise Industries Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 4.02 | 4.82 | 4.78 | 3.68 |
| PE Ratio | – | – | 17.8 – 18.85 | 23.11 – 24.47 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 15.10 | 15.39 | 13.33 |
| NAV | 3.66 | 3.14 | 3.13 |
| ROCE (%) | 14.86 | 17.46 | 16.72 |
| EBITDA (%) | 14.15 | 13.64 | 12.54 |
| Debt/Equity | 1.48 | 1.06 | 0.97 |
Belrise Industries IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 21 May 2025 | 11 | – | 1,200 |
| 20 May 2025 | 8 | – | 500 |
| 19 May 2025 | 10 | – | 500 |
| 17 May 2025 | 16 | – | 1,200 |
| 16 May 2025 | 15 | – | 800 |
Belrise Industries IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the company – INR 1,618.13 crore
- General corporate purposes
Belrise Industries – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Belrise Industries | – | 4.78 | 13.33 | 35.94 | 7,484.24 |
| Bharat Forge | 65.02 | 20.43 | 13.84 | 153.90 | 15,682.07 |
| Uno Minda | 65.01 | 15.36 | 21.68 | 91.71 | 13,910.36 |
| Motherson Sumi Wiring | 42.31 | 1.44 | 42.45 | 3.79 | 8,321.36 |
| JBM Auto | 96.35 | 15.12 | 22.21 | 98.75 | 4,723.19 |
Belrise Industries IPO Allotment Status
Belrise Industries IPO allotment status will be available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Belrise Industries IPO Dates & Listing Performance
| IPO Opening Date | 21 May 2025 |
| IPO Closing Date | 23 May 2025 |
| Finalization of Basis of Allotment | 26 May 2025 |
| Initiation of refunds | 27 May 2025 |
| Transfer of shares to demat accounts | 27 May 2025 |
| Belrise Industries IPO Listing Date | 28 May 2025 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Belrise Industries IPO Reviews – Subscribe or Avoid?
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Belrise Industries Offer Lead Manager
AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in
Belrise Industries Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Belrise Industries Contact Details
BELRISE INDUSTRIES LIMITED
Office No. 501 and 502, Fifth Floor, Cello Platina,
Shivaji Nagar, Fergusson College Road, Pune – 411005
Phone: +91 (240) 2551206, (240) 2555186, (240) 2555187
Email: [email protected]
Website: www.belriseindustries.com
Belrise Industries IPO FAQs
How many shares in Belrise Industries IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Belrise Industries Public Offer?
The best way to apply for Belrise Industries public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Belrise Industries IPO GMP today?
Belrise Industries IPO GMP today is INR 11 per share.
What is Belrise Industries kostak rate today?
Belrise Industries kostak rate today is INR NA per application.
What is Belrise Industries Subject to Sauda rate today?
Belrise Industries Subject to Sauda rate today is INR 1,200 per application.