Belrise Industries Limited manufactures Automotive Sheet Metal and casting parts, Polymer components, Suspension, and mirror systems specifically for Two-Wheel, Three-Wheel, and Four-Wheel Passenger and Commercial vehicles.
The company is an automotive component manufacturing company in India offering a diverse range of safety critical systems.
Belrise Industries is a manufacturing company in India that offers a diverse range of 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.
The company’s customers include Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
As of June 30, 2024, the company services a total of 27 OEMs globally. The company have established 15 manufacturing facilities across nine cities in eight states, as of June 30, 2024.
Belrise Industries IPO – Details
| IPO Opening Date | 21 May 2025 |
| IPO Closing Date | 23 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 23,88,88,889 Shares Worth ₹2150.00 Crore Fresh Issue: 23,88,88,889 Shares Worth ₹2150.00 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹85 – ₹90 per share |
| Market Lot | 166 Shares |
| Min Order | 166 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Belrise Industries IPO – Date Schedule
| IPO Open Date | 21 May 2025 |
| IPO Close Date | 23 May 2025 |
| Basis of Allotment | 26 May 2025 |
| Initiation of Refund | 27 May 2025 |
| Credit of Shares to Demat Account | 27 May 2025 |
| IPO Listing Date | 28 May 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 23, 2025 |
Belrise Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2,158 | ₹1,94,220 |
| S-HNI (Min) | 14 | 2,324 | ₹2,09,160 |
| S-HNI (Max) | 66 | 10,956 | ₹9,86,040 |
| B-HNI (Min) | 67 | 11,122 | ₹10,00,980 |
Competitive Strength
- Distinguished market leader in the high-growth field of precision sheet metal pressing and fabrication within a large and growing automotive component industry.
- Enabled innovation-driven development and process engineering capabilities.
- Vertically integrated manufacturing facilities offering a diverse range of products.
- Longstanding customer relationships are developed through years of collaboration and value addition.
- Largely EV- agnostic product portfolio, strategically positioned to scale in tandem with burgeoning electric vehicle market in India.
- Experienced promoters and management team.
Company Promoters
- Shrikant Shankar Badve
- Supriya Shrikant Badve
- Sumedh Shrikant Badve
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 5,410.68 | 5,103.43 | 261.84 | 2,597.95 |
| 31 March 2023 | 6,620.78 | 6,264.07 | 313.66 | 2,271.40 |
| 31 March 2024 | 7555.67 | 7,171,37 | 310.87 | 2,440.98 |
| 31 December 2024 | 6064.76 | 5,758.40 | 245.46 | 2,599.80 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 14.83% |
| Debt/Equity | 0.97 |
| RoNW | 13.33% |
| PAT Margin | 4.36 |
| Price to Book Value | 2.50 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.42 | 3.68 |
| P/E (x) | 16.61 | 24.47 |
Object Of The Issue
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and
- General Corporate Purposes.
Belrise Industries IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 2 | Bharat Forge Ltd | 58.94 |
| 2 | 2 | Uno Minda Ltd | 62.19 |
| 3 | 1 | Motherson Sumi Wiring India Ltd | 39.42 |
| 4 | 2 | JBM Auto Ltd | 45.52 |
| 5 | 10 | Endurance Technologies Ltd | 44.76 |
| 6 | 2 | Minda Corporation Ltd | 51.32 |
Belrise Industries IPO Promoter Holding
| Pre Issue Share Holding | 99.81% |
| Post Issue Share Holding | 73.01% |
Belrise Industries IPO Prospectus
Company Contact Information
| Belrise Industries Limited Plot No D-39 MIDC Area Waluj Phone: +910240 255120 Email: complianceofficer@belriseindustries.com Website: http://www.belriseindustries.com/ |
Belrise Industries IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: belriseindustries.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Belrise Industries IPO Lead Manager(s)
| 1. Axis Capital Limited 2. SBI Capital Markets Limited 3. Jefferies India Private Limited 4. HSBC Securities and Capital Markets (India) Private Limited |
Belrise Industries IPO FAQs
| What is Belrise Industries IPO? Belrise Industries IPO is a main-board IPO. The issue is priced at ₹85 to ₹90 per equity share. The IPO is to be listed on BSE & NSE. |
| When Belrise Industries IPO will open? The IPO is to open on 21 May 2025 for QIB, NII, and Retail Investors. |
| What is Belrise Industries IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Belrise Industries IPO? You can apply Belrise Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Belrise Industries IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Belrise Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Belrise Industries IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Belrise Industries IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Belrise Industries IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Belrise Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Belrise Industries IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Belrise Industries IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Belrise Industries IPO Size? Belrise Industries IPO size is ₹2,150.00 Crore. |
| What is the Belrise Industries IPO Price Band? Belrise Industries IPO Price Band is ₹85 to ₹90. |
| What is Belrise Industries IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 166 Shares with ₹14,940 amount while the maximum bid is 2158 Shares with ₹1,94,220. |
| What is the Belrise Industries IPO Allotment Date? Belrise Industries IPO allotment date is 26 May 2025. |
| What is the Belrise Industries IPO Listing Date? Belrise Industries IPO listing date is 28 May 2025. The IPO is to be listed on BSE and NSE. |
