Belrise Industries IPO Day 2: Check GMP, Subscription Status & Key Highlights
The bidding window for Belrise Industries IPO opened on May 21, 2025 and is scheduled to close on May 23, 2025. The basis of allotment will be finalised by May 26, 2025.
Belrise Industries IPO Details
The Belrise Industries IPO is a book-built issue of ₹2,150 crores, consisting of an entirely fresh issue of 23.89 crore shares. For retail investors, the minimum investment required to apply for the IPO is ₹14,940.
Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, Jefferies India Private Limited, and SBI Capital Markets Limited are the book-running lead managers for the issue. Link Intime India Private Limited is the registrar.
Belrise Industries IPO Day 2 Subscription Status
[22-May-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.69 |
|
Non-Institutional Investors |
8.96 |
|
Retail Individual Investors(RIIs) |
1.54 |
|
Total |
2.88 |
Belrise Industries IPO Day 1 Subscription Status
[21-May-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.44 |
|
Non-Institutional Investors |
1.53 |
|
Retail Individual Investors(RIIs) |
0.52 |
|
Total |
0.71 |
Read More : Belrise Industries IPO Day 1 Subscription Status
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to
- Pay the company’s outstanding borrowings
- For general corporate purposes.
Belrise Industries GMP Details
As of 22 May 2025, Belrise Industries' IPO's GMP is ₹14. The expected listing gain per share is 15.56% over the upper price band.
Source: Business Standard Media Report dated 22 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 manufactures a wide range of safety systems and engineering solutions, such as metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust system for 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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