Automotive component manufacturer Belrise Industries Limited completed its public offering to raise up to Rs 2,150 crore through a fresh issue of shares.
IPO Timeline and Listing
The bidding period and subsequent stock exchange debut followed a strict schedule across the month of May 2025.
- Subscription Dates: May 21, 2025 to May 23, 2025
- Allotment Finalization: May 26, 2025
- Demat Credit: May 27, 2025
- Exchange Listing Date: May 28, 2025
- Listing Price: Rs 100 per share on BSE and NSE
Pricing and Investment Breakdown
The book-building issue set the final price at Rs 90 per share within a price band of Rs 85 to Rs 90.
- Face Value: Rs 5 per equity share
- Minimum Retail Lot: 166 shares totaling Rs 14,940
- sNII Minimum Application: 14 lots totaling Rs 2,09,160
- bNII Minimum Application: 67 lots totaling Rs 10,00,980
Anchor Round and Proceeds
The company secured significant backing prior to the main launch and allocated net proceeds toward specific financial goals.
- Anchor Investor Amount: Rs 645 crore raised on May 20, 2025
- Debt Repayment Allocation: Rs 1,618.13 crore
- General Corporate Purposes: Rs 410.49 crore
- Issue Expenses: Rs 121.39 crore