Belrise Industries IPO Day 1: Check GMP, Subscription Status & Key Highlights

Belrise Industries is an automotive component manufacturing company based in Maharashtra. The bidding for the Belrise Industries IPO opened on May 21, 2025 and is scheduled to close on May 23, 2025. 

Belrise Industries IPO: Issue Details

The IPO is a book-built issue of ₹2,150 crores, consisting of an entirely fresh issue of 23.89 crore shares. The price band is set between ₹85 to ₹90 per share. The basis of allotment will be finalised by May 26, 2025, and the tentative listing date on BSE and NSE is May 28, 2025. 

Belrise Industries IPO Day 1 Subscription Status

[21-May-2025 5:00:00 PM]

Utilisation of IPO Proceeds

The net proceeds from the fresh issue will be used to pay the company’s outstanding borrowings and for general corporate purposes. 

Belrise Industries IPO GMP Details

As of 21 May 2025, Belrise Industries' IPO's GMP was ₹15. The expected listing gain per share is 16.67% over the upper price band.

Source:  Business Standard Report dated 21 May, 2025

Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

Belrise Industries Business Overview

Belrise Industries is an automotive component manufacturing company that manufactures a variety of safety systems and engineering solutions for different vehicle categories, including two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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