• Source:JND
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The Initial Public Offering (IPO) of Belrise Industries, a manufacturer of automotive components, opened for public subscription today, May 21, 2025. Through this public offering, which is a completely new offer of equity shares, the company hopes to raise up to Rs 2,150 crore. Belrise Industries successfully raised Rs 645 crore from anchor investors in a bidding round on Tuesday, May 20, ahead of the IPO opening.

IPO Framework

The initial public offering (IPO) is set up as a book-built issue of roughly 238.9 million equity shares, totalling Rs 2,150 crore. Crucially, there is no offer-for-sale (OFS) component to the issue, so the company will receive all IPO proceeds.

With up to 50% set aside for qualified institutional buyers (QIBs), at least 15% for non-institutional investors (NIIs), and at least 35% for retail investors, the allocation structure complies with SEBI regulations.

Belrise Industries IPO Subscription Status Day 1- According to NSE's data, the IPO was subscribed 0.04 times till 10:21 am today. 

Lot Size and Price Band

With a lot size of 166 shares, the IPO is priced between Rs 85 and Rs 90 per share. For a single lot, retail investors must invest a minimum of Rs 14,940. They may submit applications for up to 13 lots, or 2,158 shares, with a Rs 1,94,220 maximum investment.

Belrise Industries Limited Ipo Gmp

Belrise Industries' shares were trading at a grey market premium of Rs 15 per share prior to the IPO launch, which is approximately 16.67% higher than the upper end of the price range. In the unofficial market, this suggests a possible listing price of about Rs 105, indicating favourable investor sentiment.

Important Dates

The deadline for subscriptions is Friday, May 23, 2025. Successful bidders should expect to see shares credited to their demat accounts by Tuesday, May 27, while the basis of allotment is anticipated to be finalized by Monday, May 26. Soon after, the listing on stock exchanges is probably going to happen.