Belrise Industries IPO is a book-built issue worth ₹2,150 crore, consisting entirely of a fresh issue of 23.89 crore equity shares. The IPO opened on May 21, 2025 and closed on May 23, 2025. The allotment was finalised yesterday on May 26, 2025, with the listing expected on BSE and NSE by May 28, 2025.
The price band is ₹85 to ₹90 per share. Retail investors must apply for at least one lot of 166 shares, requiring ₹14,940. sNII must apply for 14 lots (₹2,09,160), and bNII for 67 lots (₹10,00,980). The lead managers are Axis Capital, HSBC, Jefferies India, and SBI Capital. Link Intime is the registrar. Investors should review the RHP for full details and risks.
Belrise Industries IPO received an overall subscription of 43.14 times by the close on May 23, 2025. The issue was subscribed 4.52 times by retail investors, 112.63 times by QIBs, and 40.58 times by NIIs.
The public issue offered 16.72 crore shares, with 8.36 crore for retail, 4.78 crore for QIBs, and 3.58 crore for NIIs. Total bids stood at 721.33 crore shares worth ₹64,920.07 crore. Anchor investors subscribed to 7.16 crore shares worth ₹645 crore. Total applications received were 25,34,694 by Day 3.
The table below breaks down the Belrise Industries share allocation for different categories, highlighting the number of shares offered and bid for. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category | Shares Offered | Shares Bid For |
| Qualified Institutional Buyers (QIB) | 4,77,77,779 (20.00%) | 5,38,14,12,734 |
| Non-Institutional Investors (NII) | 3,58,33,333 (15.00%) | 1,45,42,80,516 |
| b-NII (Above ₹10 lakh) | 2,38,88,889 (10.00%) | 1,14,66,26,740 |
| s-NII (Below ₹10 lakh) | 1,19,44,444 (5.00%) | 30,76,53,776 |
| Anchor Investors | 7,16,66,665(30.00%) | 7,16,66,665 |
| Retail Individual Investors (RII) | 8,36,11,111 (35.00%) | 37,76,48,340 |
| Total | 16,72,22,223 | 7,21,33,41,590 |
Note: The information above is collected from official exchanges including NSE and BSE and may be subject to updates. It is intended for informational purposes only and does not constitute financial advice
| Category | Subscription (times) |
| Qualified Institutional Buyers | 112.63 |
| Non-Institutional Investors | 40.58 |
| Retail Individual Investors | 4.52 |
| Total shares | 43.14 |
Note: The subscription details is as of May 23, 2025
Belrise Industries Limited, established in 1988, is a leading Indian automotive component manufacturer offering safety-critical systems and engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles. Its diverse product range includes metal chassis systems, polymer parts, suspension systems, body-in-white components, and exhaust systems.
The company serves 27 OEMs globally, including major clients like Tata Motors, Mahindra, and Honda, with 15 manufacturing units across nine cities. Belrise is known for its advanced, vertically integrated operations, strong client relationships, and EV-agnostic product portfolio, making it well-positioned to capitalise on India’s evolving automotive and electric vehicle ecosystem.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 27, 2025, 3:27 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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