Belrise Industries IPO: Date, Price Band, Review, Allotment & Listing Details (2025)
Belrise Industries is launching its ₹2,150 Cr IPO from May 21–23, 2025, at a price band of ₹85–₹90. Backed by strong financials and a solid industry presence, it’s a promising long-term pick. For live GMP, subscription status, and allotment updates, trust IPOji – your go-to IPO partner.

The IPO of Belrise Industries Limited is scheduled to begin on May 21, 2025, and will close on May 23, 2025. It is expected that the IPO will help the auto component manufacturer boost its growth and clear some debt. When making an investment through IPO, pay close attention to the important dates, band range, allotment amounts, and price per unit as well as review the company’s financial condition.
Belrise Industries IPO Date and Details
The Belrise Industries IPO is scheduled to open on May 21, 2025, and close on May 23, 2025. This is a Book Built Issue with a price band of ₹85 to ₹90 per share and a face value of ₹5. The total issue size stands at ₹2,150 crores, entirely through a fresh issue, with no Offer for Sale (OFS). Investors can apply in lots of 166 shares, requiring a minimum investment of ₹14,940, while the maximum investment for retail investors is capped at ₹1,94,220 (13 lots). The allotment is expected to be finalized by May 26, refunds will be initiated by May 27, and shares will be credited to demat accounts the same day. The IPO is set to list on both BSE and NSE on May 28, 2025.
About Belrise Industries Limited
Founded in 1988, Belrise Industries is a well-known company that makes a wide variety of parts for cars and makes thousands of those parts in its factories.
- Chassis systems
- Exhaust systems
- Steering columns
- Suspension components
- Battery containers
- Polymer & metal parts
They work for all kinds of vehicles, like motorcycles, auto rickshaws, cars, electric vehicles, and regular cars with engine exhaust. The company has 15 factories located in 8 different states in India, and it is currently paying more attention to making high-precision parts, working with polymers, and making solutions for electric vehicles.
The Belrise Industries Limited is one of the leading automotive component manufacturers in India which is itself a specialised producer of automotive sheet-metal and castings, polymer components, suspension systems and mirror systems. The company addresses a large range of vehicles, such as two, three, and four-wheelers, commercial and agri-vehicles, catering to a broad scope of safety-critical systems and engineering solutions.
Belrise Industries, while being quality and innovation oriented, presents a wide range of products that have categorised under metal chassis systems, polymer components, suspensions systems, body-in-white components, and exhaust systems. The company has established long term relationships with the leading OEM’s like Bajaj, Honda, Hero, Royal Enfield, Jaguar Land Rover, VE Commercial Vehicles, Tata Motors, and Mahindra.
By June 30 2024 Belrise Industries services 27 OEM’s Globally with 15 facilities of state of the art manufacturing facilities in 9 cities, in 8 states of India. This strong client base and broad manufacturing footprint demonstrates the importance of the company in the automotive component business on both the domestic and the international fronts.
📊 Belrise Industries Financial Performance (₹ in Crores)
Despite a slight dip in PAT in FY 2024, the revenue growth trend remains strong, indicating operational expansion and customer demand.
📈 Belrise Industries IPO Valuation Highlights (FY2024)
Key Performance Indicator (KPI)
The market capitalization of Belrise Industries IPO is Rs 8008.91 Cr.
KPI as of Sun, Mar 31, 2024.
The consistent ROE and healthy EBITDA margin suggest a stable and scalable business model. The company maintains a moderate debt-equity ratio, which is a positive sign for long-term sustainability.
🤝 Promoters of Belrise Industries IPO
The company’s promoters are Shrikant Shankar Badve, Supriya Shrikant Badve, and Sumedh Shrikant Badve. Since joining the company, they have used their knowledge from the industry to guide the company’s growth. Investors are likely to feel confident when founders and owners remain involved after their company’s IPO, since this often demonstrates a focus on the company’s success and survival over the long run. Because of their experience in manufacturing car parts and leading in the field, the company is well-positioned for its future growth.
👥 IPO Reservation Breakdown
As per SEBI regulations, the IPO reservation for Belrise Industries is structured to cater to all categories of investors. Up to 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), ensuring participation from banks, mutual funds, and other financial institutions. Non-Institutional Investors (NIIs), including High Net-Worth Individuals (HNIs), have a quota of up to 15%. The remaining 35% is reserved for Retail Individual Investors (RIIs). This balanced reservation structure allows diverse investor participation while maintaining a stable shareholding base.
📦 Belrise Industries IPO Lot Size & Investment Limits
The lot size for the Belrise Industries IPO is set at 166 shares per lot, making it accessible to retail investors with a minimum application amount of ₹14,940. A retail investor can apply for a maximum of 13 lots, which equals 2,158 shares, amounting to ₹1,94,220. For High Net-Worth Individuals, the Small HNI (S-HNI) category starts from 14 lots (₹2,09,160), and Big HNIs (B-HNI) can apply with a minimum of 67 lots, totaling ₹10,00,980. This tiered approach ensures inclusion of both retail and high-value investors in the offering.
📊 Comparing with Other Countries: Auto Components
Belrise Industries deals with developing and producing parts for automobiles in a well-defined sector. When we compare Belrise with Bharat Forge, Uno Minda, Motherson Sumi Wiring, JBM Auto, Endurance Technologies, and Minda Corporation, it has better metrics. Even though Belrise’s P/E ratio is not available, its finances are looking very strong. Both Uno Minda and Endurance Technologies have P/E ratios above 49 and RoNW numbers that confirm they are very profitable. Based on its Revenue, RoNW, EPS, and NAV, Belrise appears well-positioned in the market and matches its sector peers.
🎯 Objects of the Belrise IPO
Belrise is selling a specific quantity of shares in its IPO.
Repaying or prepaying the company’s loan through the IPO will help lower interest costs and benefit its balance sheet. Also, money will be spent on running the company’s operations, including starting new projects, covering everyday business needs, and enhancing operations or buying more innovative equipment. They demonstrate that the company is focused on building its strengths to achieve lasting success.
📝 Should You Apply for Belrise Industries IPO?
The Belrise IPO offers long-term growth potential based on:
✅ Consistent Revenue Growth ✅ Diversified Product Line ✅ Focus on EV-Compatible Components ✅ Wide OEM Client Base ✅ Presence in Domestic & Export Markets
Risks to Consider: ⚠️ Marginal dip in PAT ⚠️ High competition in the auto-components sector
📌 Verdict:
Long-term investors may consider subscribing based on the company’s fundamentals and expansion strategy. Those looking to list gains should monitor GMP trends and QIB participation and market conditions.
How to Apply for Belrise Industries IPO
Applying for an IPO is now easier than ever, especially with multiple digital platforms available. Among all, IPO Ji stands out as a fast, reliable, and user-friendly platform to apply for IPOs, including the Belrise Industries IPO.
✅ Apply via IPO Ji App or Website (Recommended)
If you're looking for a seamless and guided application process, IPO Ji is the best choice to apply IPO. Here's how to apply through IPO Ji:
- Download the IPO Ji App from the Google Play Store or visit IPOji.com.
- Log in or Sign Up using your mobile number and OTP.
- Go to the ‘Current IPOs’ section and select Belrise Industries IPO.
- Enter your PAN, UPI ID, and Bid Details (choose quantity, price band, etc.).
- Approve the UPI mandate from your UPI app (e.g., PhonePe, Google Pay, Paytm).
- Done! You’ll receive real-time updates on allotment status and listing.
⭐ IPO Ji also offers live subscription data, allotment check, and listing updates in one place — no need to go anywhere else!
Other Options to Apply
1. UPI-based ASBA via Broker Apps
You can also apply through popular trading apps like:
Simply log in, go to IPO section, select Belrise Industries IPO, fill in bid details, and approve UPI.
2. Net Banking ASBA (via Banks)
Alternatively, apply directly from your bank's net banking portal under the "IPO/ASBA Services" section:
- HDFC Bank
- SBI
- ICICI Bank
- Axis Bank
- Kotak Mahindra Bank
Choose Belrise Industries IPO, enter DP/Client ID, PAN, bid details, and submit.
🔔 Note: Ensure your Demat account is active and linked with your PAN and UPI ID before applying.
📍 Belrise Industries IPO Registrar & Contact Details
Registrar: MUFG Intime India Pvt Ltd 📞 Phone: +91-22-4918 6270 📧 Email: belriseindustries.ipo@linkintime.co.in 🌐 Registrar Website
Company Address: Belrise Industries Limited Plot No D-39, MIDC, Waluj, Aurangabad – 431133, Maharashtra 📞 Phone: +91-0240-255120 📧 Email: complianceofficer@belriseindustries.com 🌐 Company Website
Lead Managers (Book Running):
- Axis Capital Limited
- HSBC Securities & Capital Markets
- Jefferies India
- SBI Capital Markets
🔍 FAQs – Belrise Industries IPO
Q1. What is the Belrise IPO date?
🗓️ The IPO opens on May 21 and closes on May 23, 2025.
Q2. What is the price band of Belrise IPO?
💰 ₹85 to ₹90 per share.
Q3. What is the lot size for Belrise Industries IPO?
📦 One lot = 166 shares (₹14,940 minimum investment).
Q4. When is the IPO listing date?
📈 Belrise Industries will list on May 28, 2025, on BSE and NSE.
Q5. Is Belrise IPO good for long term?
📊Based on solid financials, diverse offerings, and experience, it shows potential for long-term investment.