Belrise Industries Share Price: Following a strong response to its Rs 2,150-crore initial public offering (IPO), which was 41.30 times subscribed, Belsire Industries' shares were listed on the exchanges on Wednesday at a premium. Belrise Industries' shares rose 11.11 per cent from their initial public offering (IPO) price of Rs 90 to Rs 100 per share on the NSE. After the company's shares were listed, its total market value was Rs 8,678.10 crore.

The company's shares were listed at a premium of 9.4%, at Rs 98.50 per share, on the BSE. The initial public offering (IPO) was priced between Rs 85 and Rs 90 per share and was solely a new issue of equity shares without an offer-for-sale (OFS) component.

Prior to its launch, Belrise Industries' unofficial grey market premium (GMP) was Rs 20–21 per share, indicating a 21-23% listing pop for investors. Higher expectations were indicated by the GMP, which was approximately Rs 28 on the final day of bidding.

With nearly 25.35 lakh applications totalling Rs 65,920 crore, the IPO saw high interest and was oversubscribed 41.30 times. The IPO was subscribed to 108.35 times by qualified institutional bidders and 38.33 times by non-institutional investors. Subscriptions from retail investors were 4.22 times lower.

Founded in 1988 and headquartered in Waluj, Maharashtra, Belrise Industries produces suspension, mirror systems, sheet metal, casting, and polymer automotive components for two-, three-, and four-wheel vehicles.

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