
Capital Goods / Automotive Components · NSE / BSE
Belrise, founded in 1988, is an Indian automotive component manufacturer supplying to 27 OEMs globally as of June 30, 2024. The company operates 15 manufacturing facilities across 9 cities in 8 states. Its diversified product portfolio includes metal components like sheet metal parts, chassis systems, body-in-white parts, exhaust systems and castings. It also manufactures polymer components and functional systems including suspension and mirror systems. Belrise serves leading two-wheeler, three-wheeler, passenger and commercial vehicle manufacturers such as Bajaj, Honda, Hero, Royal Enfield, Tata Motors, Mahindra, Jaguar Land Rover and VE Commercial Vehicles. With the growing EV market and global mobility shift, the company has significant expansion opportunities across multiple automotive segments.
Price Band
₹85 – ₹90
Issue Size
₹2150 Cr
Lot Size
166 shares
GMP
+23.3%
Est. Listing
₹111
at current GMP
Subscribed
43.73x
overall
Open
21 May 2025
Close
23 May 2025
Allotment
26 May 2025
Refund
27 May 2025
Demat Credit
28 May 2025
Listing
28 May 2025
Overall Subscription
43.73x
Total Demand
QIB Multiplier
114.72x
Institutions & Funds
NII / HNI
40.58x
High Net-Worth
Retail (RII)
4.52x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 47,777,779 | 5,481,123,788 | 114.72x |
| NIB | 35,833,333 | 1,454,273,378 | 40.58x |
| HNIs(10L +) | 23,888,889 | 1,146,626,740 | 48.00x |
| HNIs (2-10L) | 11,944,444 | 307,646,638 | 25.76x |
| RETAIL | 83,611,111 | 377,642,032 | 4.52x |
| Total | 203,055,556 | 8,767,312,576 | 43.73x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 503,681 | 1,915,798 | 3.80x |
| HNIs(10L +) | 10,279 | 100,583 | 9.79x |
| HNIs (2-10L) | 5,139 | 128,404 | 24.99x |
| Total Applications | 519,099 | 2,144,785 | 4.13x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Belrise Industries Limited is bringing an initial public offering (IPO) in the Capital Goods / Automotive Components sector with an aggregate issue size of ₹2,150 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 166 shares (approx. ₹14,940 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-05-28, while un-allotted funds or UPI block mandates will be released on 2025-05-27.
The latest Grey Market Premium (GMP) for Belrise Industries Limited IPO is ₹21 per equity share. Based on the upper price band of ₹85 to ₹90 per equity share, the estimated listing price is ₹111 (+23.3% expected listing gain).
With a lot size of 166 shares and current GMP of ₹21, the expected profit per application lot is approx ₹3,486 (+23.3% gain). Minimum application cost is approx ₹14,940.
The Belrise Industries Limited IPO aggregate issue size is ₹2,150 Crores with an equity price band set at ₹85 to ₹90 per equity share. The retail lot size is 166 shares requiring a minimum capital outlay of approx. ₹14,940.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 43.73x (Retail: 4.52x, QIB: 114.72x, NII: 40.58x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-05-26. Investors can verify status using PAN card or application number.
Belrise Industries Limited shares are scheduled to list on NSE and BSE on 2025-05-28.