Belrise Industries Limited launched its IPO on May 20, 2025, with a price band of ₹85 to ₹90 per equity share, aiming to raise ₹2,150 crore entirely through fresh issuance. The IPO will be open for subscription until May 23, 2025. Shares are trading at a ₹4 premium in the grey market. The company, with 15 manufacturing plants across India, focuses on automotive components, including electric vehicles and lightweight engineering. Industry experts and brokers such as Anand Rathi, Gaurav Goel, Choice Broking, ICICI Direct, and Ventura Securities have given the IPO a “subscribe” rating for long-term investors. The allotment is expected on May 24 or 26, 2025, and the shares are likely to list on BSE and NSE by May 28, 2025.
Belrise Industries Limited has launched its initial public offering (IPO) on May 20, 2025, entering the Indian primary market with a price band set between ₹85 and ₹90 per equity share. The company aims to raise ₹2,150 crore through this fresh issuance, with the subscription window open until May 23, 2025.
Shares of Belrise Industries are currently trading at a premium of ₹4 in the grey market, reflecting positive investor interest. The IPO lot size is fixed at 166 shares per lot, allowing investors to participate according to their preferences.
The company operates 15 manufacturing plants across nine cities in eight states, focusing on producing components for electric vehicles, four-wheelers, and commercial vehicles. This diversified manufacturing footprint supports a business model aligned with the growing automotive sector’s emphasis on electric mobility and lightweight engineering.
Several market analysts and brokerage firms such as Anand Rathi, Fynocrat Technologies, Choice Broking, ICICI Direct, and Ventura Securities have issued positive ratings on the IPO. Anand Rathi values the company at 26 times its FY24 earnings per share, noting its strong market capitalization and sales ratio. Gaurav Goel of Fynocrat Technologies highlights Belrise’s strategic positioning in the automotive supply chain and its potential for future growth.
The share allotment results are expected to be announced on May 24, 2025. However, if there is a delay due to the announcement date falling on a weekend, the results will be released on May 26, 2025. Following allotment, the shares are scheduled to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) by May 28, 2025.
Investors considering the IPO should evaluate the company’s strong operational base and its focus on future automotive trends before making investment decisions.