Belrise Industries IPO
Belrise Industries’ IPO will open on May 21, 2025, and close on May 23, 2025. The IPO is a book-built issue, meaning the final price will be decided based on investor demand. The company aims to raise ₹2,150 crores entirely through a fresh issue of shares (no OFS component mentioned). The price band is set at ₹85 to ₹90 per share.
The IPO allocation is divided as follows: 35% for retail investors, 50% for institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). The shares are expected to list on the BSE and NSE on May 28, 2025, with the share allotment finalized by May 26, 2025.
Financially, Belrise Industries reported revenue of ₹7,555.67 crores in 2024 (up from ₹6,620.78 crores in 2023). However, its profit slightly dipped to ₹310.88 crores in 2024 (compared to ₹313.66 crores in 2023).
Belrise Industries IPO Market Lot SIZE
The Belrise Industries IPO minimum market lot is 166 shares with ₹14,940 application amount. The retail investors can apply up-to 13 lots with 2158 shares of ₹1,94,220 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 166 | ₹14,940 |
Retail Maximum | 13 | 2158 | ₹1,94,220 |
S-HNI Minimum | 14 | 2,324 | ₹2,09,160 |
Belrise Industries IPO Details
| IPO Open Date: | May 22, 2025 |
| IPO Close Date: | May 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹260 to ₹273 Per Share |
| Issue Size: | Approx ₹144.47 Crores |
| Offer for Sale: | Approx 52,92,000 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
Belrise Industries IPO Valuation – FY2024 (KPI)
Check Belrise Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 14.18% |
ROCE: | 14.83% |
EBITDA Margin: | 12.54% |
PAT Margin: | 4.15% |
Debt to equity ratio: | 0.97 |
Earning Per Share (EPS): | ₹4.78 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 13.33% |
Net Asset Value (NAV): | ₹35.94 |
Belrise Industries IPO Company Financial Report
The company reported revenue of ₹7,555.67 crores in 2024 against ₹6,620.78 crore in 2023. The company reported profit of ₹310.88 crores in 2024 against profit of ₹313.66 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹5,410.68 | ₹5,103.44 | ₹261.85 | ₹5,196.07 |
2023 | ₹6,620.78 | ₹6,264.08 | ₹313.66 | ₹5,679.15 |
2024 | ₹7,555.67 | ₹7,171.38 | ₹310.88 | ₹6,041.65 |
June 2024 | ₹6,064.76 | ₹5,758.41 | ₹245.47 | ₹6,587.69 |
Belrise Industries IPO Dates
The Belrise Industries IPO date is May 21 and the close date is May 23. The Belrise Industries IPO allotment will be finalized on May 26 and the IPO listing on May 28.
IPO Open Date: | May 21, 2025 |
IPO Close Date: | May 23, 2025 |
Basis of Allotment: | May 26, 2025 |
Refunds: | May 27, 2025 |
Credit to Demat Account: | May 27, 2025 |
IPO Listing Date: | May 28, 2025 |
Promoters of Belrise Industries IPO
The promoters of the company are Shrikant Shankar Badve, Supriya Shrikant Badve and Sumedh Shrikant Badve.
About Belrise Industries IPO
Established in 1996, Belrise Industries Limited is a renowned automotive parts manufacturer known for delivering a diverse range of safety-critical and engineering solutions for two-wheelers, three-wheelers, and four-wheelers—including both passenger and commercial vehicles. Beyond automotive components, the company excels in metal and polymer processing, surface treatment, mirror systems, suspension systems, foundry operations, home appliances, security hardware, e-mobility, and even floriculture. A key strength of Belrise Industries is its adaptability, offering products compatible with both electric vehicles (EVs) and internal combustion engines (ICE). With over 30 years of expertise, the company is expanding its capabilities into precision sheet metal pressing, polymer part fabrication, suspension system design, and coating/painting services. Its extensive portfolio includes 1,000+ products, such as chassis systems, exhaust systems, body-in-white components, polymer parts, battery containers, suspensions, and steering columns. As of June 30, 2024, Belrise Industries operates 15 manufacturing plants spread across 9 states, reinforcing its stronghold in the automotive and engineering sectors.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Bharat Forge Ltd | 20.43 | 65.02 | 13.84 | 153.90 | 15,682.07 Cr. |
Uno Minda Ltd | 15.36 | 65.01 | 21.68 | 91.71 | 13,910.36 Cr. |
Motherson Sumi Wiring India Ltd | 1.44 | 42.31 | 42.45 | 3.79 | 8,321.36 Cr. |
JBM Auto Ltd | 15.12 | 96.35 | 22.21 | 98.75 | 4,723.19 Cr. |
Endurance Technologies Ltd | 48.38 | 49.09 | 16.24 | 353.86 | 10,052.03 Cr. |
Minda Corporation Ltd | 9.65 | 52.15 | 13.99 | 82.84 | 4,651.10 Cr. |
Objects of the IPO
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company; and
- General corporate purposes.
Merchant Bankers
- Axis Capital Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Jefferies India Private Limited
- SBI Capital Markets Limited
Company Address
Belrise Industries Limited
Plot No D-39 MIDC
Area Waluj Aurangabad 431133
Maharashtra, India
Phone: +910240 255120
Email: [email protected]
Website: http://www.belriseindustries.com/
Check Grey market premium at below
(GMP)
Belrise Industries IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html