Latest IPO in India: Positive Outlook for Belrise Industries Ltd – ₹2,150 Cr Power-Packed Launch
Latest IPO in India, Belrise Industries Ltd, is hitting the markets with a positive buzz. This ₹2,150 crore IPO is drawing keen interest from investors, particularly those eyeing the fast-growing automotive component segment.
Company Overview
Founded in 1996 and headquartered in Pune, Belrise Industries Ltd is a key player in automotive components manufacturing. Its product range includes chassis systems, polymer components, suspension systems, and more. The company supplies major OEMs such as Hero MotoCorp, Royal Enfield, and Jaguar Land Rover, and operates 15 manufacturing plants across India.
IPO Timeline
- IPO Open Date: May 21, 2025
- IPO Close Date: May 23, 2025
- Anchor Investor Bidding: May 20, 2025
- Basis of Allotment: May 26, 2025
- Refund Initiation: May 27, 2025
- Demat Credit: May 27, 2025
- Listing Date: May 28, 2025
Price Band
- Price Band: ₹85 to ₹90 per share
- Face Value: ₹5 per share
- Minimum Investment: ₹14,940 (at upper band)
Lot Size
- Lot Size: 166 shares
- Minimum Lots (Retail): 1
- Maximum Lots (Retail): 13
Key Dates
- Issue Opens: May 21, 2025
- Issue Closes: May 23, 2025
- Listing Date: May 28, 2025
Financials
- Revenue (FY24): ₹7,484.24 crore
- Net Profit (FY24): ₹295.97 crore
- EBITDA: ₹924.5 crore
- EBITDA Margin: 12.35%
Strengths
- Diverse automotive product portfolio
- Relationships with top OEMs
- Strong manufacturing capabilities
- Focus on safety-critical components
Risks
- Intense industry competition
- Dependency on the auto sector cycle
- Volatile raw material prices
IPO Anchor Investors Details
Anchor investor allocation will be disclosed post May 20, 2025.
IPO Promoter Holding Details
Shareholder Category | Pre-Issue Holding | Post-Issue Holding |
---|---|---|
Promoters | To be updated | To be updated |
Public | To be updated | To be updated |
IPO Grey Market Premium (GMP)
Date | GMP (₹) |
---|---|
May 16, 2025 | 0 |
Final Thoughts
Belrise Industries IPO is a notable opportunity for those looking to invest in India’s auto component space. With solid financials and diversified operations, the company has positioned itself well for growth. However, investors must stay aware of industry cyclicality and conduct due diligence before investing.