Belrise Industries IPO Summary
IPO Dates:
Open: May 21, 2025 (Wed)
Close: May 23, 2025 (Fri)
Allotment Date: May 26, 2025 (Mon)
Listing Date (Tentative): May 28, 2025 (Wed)
IPO Details:
Type: Book Building
Price Band: ₹85 – ₹90
Lot Size: 166 shares
Minimum Investment (Retail): ₹14,940
Total Issue Size: ₹2,150 Cr (23.89 crore fresh shares)
Listing At: BSE, NSE
Company Overview:
Belrise Industries is a major auto-component manufacturer in India. It supplies parts like sheet metal, chassis systems, and suspension components to major OEMs like Bajaj, Hero, Honda, Tata Motors, and Jaguar Land Rover. It has 15 plants across 9 cities.
Promoters:
Shrikant Shankar Badve
Supriya Shrikant Badve
Sumedh Shrikant Badve
Key Metrics:
ROCE: 14.83%
RoNW: 13.33%
Debt/Equity: 0.97
Post IPO P/E (at upper band): ~24.47x
Objects of the Issue:
Repayment of certain loans (₹1,618 Cr)
General corporate purposes
Registrar:
Link Intime India Pvt Ltd
Should You Apply?
This IPO might appeal to investors looking at the EV ecosystem and auto ancillary space. However, note the moderate P/E valuation and industry competition. Wait for analyst reviews closer to the subscription date for a better call
.