Belrise Industries Limited IPO
Belrise Industries Limited is an India-based automotive component manufacturer specializing in safety-critical systems and engineering solutions. It caters to a wide range of vehicle categories, including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and agricultural vehicles. Its product portfolio is largely agnostic to vehicle powertrain types, serving both electric vehicles (EVs) and internal combustion engine (ICE) vehicles. Key offerings include metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, positioning the company to effectively support the evolving needs of the automotive industry.
Price Band₹85 - ₹90 |
Dates21 May - 23 May |
GMP₹21 (23.33%) |
Subscriptions41.30 times |
Issue Size₹2,150.00 Crs |
Belrise Industries IPO Objects
- Repayment in full or in part, of certain outstanding borrowings availed by our Company
- General corporate purposes
Belrise Industries IPO Details
Price Band₹85 - ₹90 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹2,150.00 Cr (23.89 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹2,150.00 Cr (23.89 Cr Shares) |
Face Value₹5 per equity share |
Belrise Industries IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
166
14,940
Maximum
13
2,158
1,94,220
|
|||
| Small HNI |
Minimum
14
2,324
2,09,160
Maximum
66
10,956
9,86,040
|
|||
| Big HNI |
Minimum
67
11,122
10,00,980
|
|||
Belrise Industries IPO Subscription
Updated as on 23-May-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 108.35 | 5,05,88,235 | 5,48,11,23,788 |
| NII | 38.33 | 3,79,41,177 | 1,45,42,73,378 |
| bNII (bids above ₹10L) | 45.33 | 2,52,94,118 | 1,14,66,26,740 |
| sNII (bids between ₹2L to ₹10L) | 24.33 | 1,26,47,059 | 30,76,46,638 |
| Retail | 4.27 | 8,85,29,412 | 37,76,42,032 |
| Total | 41.30 | 17,70,58,824 | 7,31,30,39,198 |
Belrise Industries IPO GMP
The estimated Grey Market Premium of Belrise Industries IPO is ₹21 per share (23.33%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Belrise Industries IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 6,013.43 | 7,484.24 | 6,582.50 | 5,396.85 |
| Profit after Tax | 245.47 | 310.88 | 313.66 | 261.85 |
| Net Worth | 2,577.55 | 2,331.92 | 2,038.20 | 1,734.45 |
| Total Borrowing | 2,599.80 | 2,440.98 | 2,271.40 | 2,597.96 |
| Total Assets | 6,587.69 | 6,041.65 | 5,679.15 | 5,196.07 |
| NAV per share (in ₹) | 39.75 | 35.94 | 31.41 | 26.66 |
| EPS - Basic (in ₹) | 3.77 | 4.78 | 4.82 | 4.02 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 12.54% |
| PAT | 4.15% |
| ROE | 14.18% |
| ROCE | 14.83% |
| Revenue - 2W parts | 63.30% |
| PE Ratio | 18.83 |
| PB Ratio | 2.50 |
| Mkt Cap (in Crs.) | 8,008.91 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Belrise Industries IPO Peer Comparision
| Particulars | Belrise | Bharat Forge | Uno Minda | Motherson | JBM Auto | Endurance Tech | Minda Corp |
|---|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 7,484.24 | 15,682.07 | 13,910.36 | 8,321.36 | 4,723.19 | 10,052.03 | 4,651.10 |
| PAT (In Crs.) | 310.88 | 910.16 | 924.71 | 638.30 | 193.73 | 680.49 | 227.20 |
| EPS - Basic | 4.78 | 20.43 | 15.36 | 1.44 | 15.12 | 48.38 | 9.65 |
| NAV per share | 35.94 | 153.90 | 91.71 | 3.79 | 98.75 | 353.86 | 82.84 |
| RONW | 13.33% | 13.84% | 21.68% | 42.45% | 22.21% | 16.24% | 13.99% |
| EBITDA | 12.54% | 16.61% | 11.58% | 12.18% | 12.49% | 13.26% | 11.08% |
| PAT Margin | 4.15% | 5.80% | 6.65% | 7.67% | 4.10% | 6.77% | 4.88% |
| Price to earning (PE) | 18.83 | 58.94 | 62.19 | 39.42 | 45.52 | 44.76 | 51.32 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 13, 2025 for Peers
Belrise Industries IPO Peer Comparision
| Particulars | Belrise |
|---|---|
| Revenue from Ops (in Crs.) | 7,484.24 |
| PAT (In Crs.) | 310.88 |
| EPS - Basic | 4.78 |
| NAV per share | 35.94 |
| RONW | 13.33% |
| EBITDA | 12.54% |
| PAT Margin | 4.15% |
| Price to earning (PE) | 18.83 |
| Bharat Forge | Uno Minda | Motherson | JBM Auto | Endurance Tech | Minda Corp |
|---|---|---|---|---|---|
| 15,682.07 | 13,910.36 | 8,321.36 | 4,723.19 | 10,052.03 | 4,651.10 |
| 910.16 | 924.71 | 638.30 | 193.73 | 680.49 | 227.20 |
| 20.43 | 15.36 | 1.44 | 15.12 | 48.38 | 9.65 |
| 153.90 | 91.71 | 3.79 | 98.75 | 353.86 | 82.84 |
| 13.84% | 21.68% | 42.45% | 22.21% | 16.24% | 13.99% |
| 16.61% | 11.58% | 12.18% | 12.49% | 13.26% | 11.08% |
| 5.80% | 6.65% | 7.67% | 4.10% | 6.77% | 4.88% |
| 58.94 | 62.19 | 39.42 | 45.52 | 44.76 | 51.32 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 13, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Shrikant Shankar Badve | 81.42% |
| Supriya Shrikant Badve | 6.66% |
| Sumedh Shrikant Badve | 2.23% |
| Other Promoter | 9.50% |
Management Details
| Name | Designation |
|---|---|
| Shrikant Shankar Badve | MD |
| Rahul Shashikant Ganu | CFO |
Company Details
Name: Belrise Industries Limited
Address: Office No. 501 and 502, Fifth Floor, Cello Platina, Shivaji Nagar, Fergusson College Road, Pune 411106 Maharashtra, India
Number: +91(0240) 2551206
Email: complianceofficer@belrise industries.com
Website: www.belriseindustries.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Belrise Industries IPO is a Mainboard IPO having an issue size of Rs. ₹2,150.00 Crs. Belrise Industries IPO is priced at ₹85 - ₹90 per share. The issue opens on 21 May 25 and closes on 23 May 25.
Belrise Industries IPO opens on 21 May 25 and closes on 23 May 25.
The estimated Grey Market Premium of Belrise Industries IPO is ₹21 per share (23.33%).
The minimum lot size of Belrise Industries IPO is 166 shares & the minimum application amount is Rs. 14940.
The allotment date of Belrise Industries IPO is 26 May 25.
The listing date of Belrise Industries IPO is 28 May 25.
Belrise Industries IPO is subscribed 41.30 times.
Belrise Industries IPO is priced at ₹85 - ₹90 per share.
Click the allotment link on Belrise Industries IPO page of IPO360.
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