IPO Details
Bidding Dates
21 May 25 - 23 May 25
Price Range ₹
85 - 90
Total Equity
₹ 1593.53Cr
Lot Size
166
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
4.27×
Qualified Institutional Buyers
108.35×
Employees
0.00×
Retail Investors
4.27×
Total subscription Rate
41.30×
IPO Timeline
Offer start
21 May 2025
Offer end
23 May 2025
Allotment
26 May 2025
Refund initiation
27 May 2025
Demat transfer
27 May 2025
Listing
28 May 2025
Offer start
21 May 2025
Offer end
23 May 2025
Allotment
26 May 2025
Refund initiation
27 May 2025
Demat transfer
27 May 2025
Listing
28 May 2025
About Company
Belrise Industries Limited is an Indian automotive component manufacturer offering a diverse product range that includes metal chassis systems, polymer parts, suspension systems, body-in-white components, exhaust systems, battery containers, and steering columns for vehicles such as two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agricultural vehicles. Beyond its core manufacturing business, the company is also involved in international trading of commodities like metals, lithium-ion batteries, and electronics. As of June 30, 2024, Belrise operates 15 manufacturing plants spread across nine cities in eight states of India and serves both domestic and global markets, including countries like Austria, Slovakia, the UK, Japan, and Thailand. The company has developed strong partnerships with 27 global original equipment manufacturers (OEMs), including notable names such as Bajaj Auto, Hero MotoCorp, Honda Motorcycle & Scooter India, Jaguar Land Rover, and Royal Enfield.
Year Founded
25-08-1996
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.81 | 73.01 |
| Share Capital | 649726304 | 649726304 |
Offer to Public
17,70,58,824.00 Cr
Project Details
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company - 16180.81cr
Objectives
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
- andGeneral corporate purposes
Highlights
- Strong market position with 24% market share in the Indian two-wheeler metal components sector and a growing market outlook.
- Advanced manufacturing technology including over 700 robots, 450 press machines, IoT real-time tracking, and mistake-proofing methods ensuring high quality and efficiency.
- Diverse product portfolio catering to both electric vehicle (EV) and internal combustion engine (ICE) OEMs, with EV product revenue growing rapidly.
- Vertically integrated operations reduce supplier dependence and increase product value through in-house capabilities like tool making and coating.
- Wide geographic presence with 15 facilities across 9 cities and a just-in-time delivery model that improves cost efficiency and customer responsiveness.
Challenges
- Regional concentration risk, as nearly half of the manufacturing facilities are located in Maharashtra, exposing the company to regional disruptions.
- Customer concentration risk, with over 50% of revenue coming from the top 10 customers, risking significant impact if any key client is lost.
- Raw material cost and supply risk due to heavy reliance on sheet metal, steel wire, and polymers, which are subject to price fluctuations and supply chain issues.
- Supplier concentration risk as a significant share of expenses is tied to the top 10 suppliers, making the company vulnerable to supply disruptions.
- Operational and financial risks arising from potential disruptions related to region, customers, suppliers, or raw materials, which could affect profitability and cash flow.
