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Open
21 May 2025
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Close
23 May 2025
3
Allotment
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Listing
Wed, May 28, 2025
Price Band
₹85 to ₹90
Issue Size
23,88,88,888 shares (agg. up to ₹2,150 Cr)
Lot Size
166 Shares
Listing Date
Wed, May 28, 2025
Latest GMP
₹21
Est. Gain
23.33%
✦ AI Insight
GMP Trend
28-05-2025₹21Est. ₹111+23.33%
27-05-2025₹21Est. ₹111+23.33%
26-05-2025₹24Est. ₹114+26.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 6,587.69 | 6,041.65 | 5,679.15 | 5,196.07 |
| Total Income | 6,064.76 | 7,555.67 | 6,620.78 | 5,410.68 |
| Profit After Tax | 245.47 | 352.70 | 356.70 | 307.24 |
| NET Worth | 2,577.55 | 2,331.92 | 2,038.20 | 1,734.45 |
| Reserves and Surplus | 2,252.24 | 2,014.43 | 2,024.16 | 1,715.31 |
| Total Borrowing | 2,599.80 | 2,440.98 | 2,271.40 | 2,597.96 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Carraro India Ltd. | Mainboard | ₹1,250.00 Cr | ₹704 | 63.97 | ₹636.20 | -9.63% | ₹567.55 (-0.51%) |
| Kross Ltd. | Mainboard | ₹500.00 Cr | ₹240 | 28.93 | ₹259.81 | +8.25% | ₹192.25 (+2.72%) |
| Maxvolt Energy Industries Ltd. | SME | ₹54.00 Cr | ₹180 | 29.39 | ₹180.90 | +0.50% | ₹367.55 (-3.67%) |
| CLN Energy Ltd. | SME | ₹72.30 Cr | ₹250 | 19.57 | ₹254.15 | +1.66% | ₹537.35 (+0.07%) |
| OBSC Perfection Ltd. | SME | ₹66.02 Cr | ₹100 | 14.62 | ₹115.50 | +15.50% | ₹617.40 (-7.51%) |
| Premium Plast Ltd. | SME | ₹26.20 Cr | ₹49 | 14.11 | ₹48.90 | -0.20% | ₹40.00 (-4.76%) |
| Forge Auto International Ltd. | SME | ₹31.10 Cr | ₹108 | 12.98 | ₹109.35 | +1.25% | ₹84.30 (-4.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company | 1,618.13 |
| 2 | General Corporate Purposes | 410.49 |
| 3 | Issue Expenses | 121.39 |
| Total | 2,150.00 |
About Belrise Industries IPO
Incorporated in 1988, 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. Competitive Strength: Distinguished market leader in the high-growth field of precision sheet metal pressing and fabrication wi
Contact Details
Belrise Industries Ltd. AddressPlot No D-39MIDCArea WalujAurangabad, Maharashtra, 431133+910240 255120complianceofficer@belriseindustries.comVisit Website