Belrise Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 119,444,443 (50%) | — | ₹107,500 Cr |
| NII (HNI) | — | 35,833,334 (15%) | — | ₹32,250 Cr |
| Retail | — | 83,611,111 (35%) | — | ₹75,250 Cr |
| Σ Total | — | 238,888,888 (100%) | — | ₹2,150,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2,158 | ₹194,220 |
| S-HNI (Min) | 14 | 2,324 | ₹209,160 |
| B-HNI (Min) | 67 | 11,122 | ₹1,000,980 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 6,065 | 7,556 | 6,621 |
| Profit After Tax | 245 | 353 | 357 |
| Net Worth | 2,578 | 2,332 | 2,038 |
| Total Assets | 6,588 | 6,042 | 5,679 |
| Reserves & Surplus | 2,252 | 2,014 | 2,024 |
| Total Borrowing | 2,600 | 2,441 | 2,271 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company – 1,618.13
- General corporate purposes – 410.49
Company Overview
Incorporated in 1988, Belrise Industries Limited manufactures Automotive Sheet Metal and casting parts, Polymer components, Suspension, and mirror systems specifically for Two-Wheel, Three-Wheel, and Four-Wheel Passenger and Commercial vehicles.
The company is an automotive component manufacturing company in India offering a diverse range of safety critical systems.
Belrise Industries is a manufacturing company in India that offers a diverse range of safety-critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.
The company's product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems.
The company's customers include Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
As of June 30, 2024, the company services a total of 27 OEMs globally. The company have established 15 manufacturing facilities across nine cities in eight states, as of June 30, 2024.
Competitive Strength:
- Distinguished market leader in the high-growth field of precision sheet metal pressing and fabrication within a large and growing automotive component industry.
- enabled, innovation-driven development and process engineering capabilities.
- Vertically integrated manufacturing facilities offering a diverse range of products.
- Longstanding customer relationships are developed through years of collaboration and value addition.
- Largely EV- agnostic product portfolio, strategically positioned to scale in tandem with burgeoning electric vehicle market in India.
- Experienced promoters and management team.