The Belrise Industries IPO has reached its third day, drawing considerable attention from retail investors, institutional buyers, and market watchers alike.
With a solid price band and a substantial fundraising goal, investors are now evaluating whether to apply or stay on the sidelines.
Let’s dive deep into the latest Grey Market Premium (GMP), subscription data, and expert opinions to help you make an informed decision.
Thinking of investing in the Belrise Industries IPO? On Day 3, investor demand is heating up, the GMP has jumped, and subscription numbers are climbing fast. But is it all just hype, or does this IPO truly deserve your money? Let’s break it down with real numbers, expert analysis, and a no-nonsense verdict.
💰 Belrise Industries IPO Price Band is Set at ₹85 to ₹90 Per Share
Belrise Industries, known for its precision auto components, has launched its Initial Public Offering (IPO) with a price band ranging from ₹85 to ₹90 per equity share. The offering is entirely a fresh issue of 23.89 crore equity shares, aiming to raise approximately ₹2,150 crore at the upper price band.
Key IPO Details:
| Particulars | Details |
|---|---|
| IPO Price Band | ₹85 – ₹90 per share |
| Total Issue Size | ₹2,150 crore |
| Fresh Issue | 23.89 crore shares |
| Offer Type | 100% Fresh Issue |
| IPO Opening Date | May 21, 2025 |
| IPO Closing Date | May 23, 2025 |
| Minimum Lot Size | 165 shares |
| Listing Exchange | NSE and BSE |
| Lead Managers | Axis Capital, ICICI Securities |
Belrise plans to utilize the proceeds primarily for capex expansion, debt repayment, and to fuel its EV parts segment, which has shown promising growth in recent quarters.
📊 Belrise Industries IPO Subscription Status
As of Day 3, the IPO has witnessed a strong response across all investor categories.
Live Subscription Data (as of 1 PM, May 23):
| Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 9.76x |
| Non-Institutional Investors (NII) | 13.43x |
| Retail Individual Investors (RII) | 6.25x |
| Overall Subscription | 9.88x |
The Non-Institutional and QIB segments have particularly driven the surge, reflecting high institutional confidence. Retail participation, too, has been enthusiastic, though not as aggressive as seen in some recent listings.
🔍 Belrise Industries IPO GMP Today
The Grey Market Premium (GMP) is a key indicator of investor sentiment ahead of listing. On Day 3, the Belrise Industries IPO GMP stands at ₹32.
What does this mean?
At the upper price band of ₹90, the expected listing price could be around ₹122, implying a listing gain of ~35.5% based on current grey market trends.
Past GMP Trend:
| Date | GMP (₹) | Expected Listing Price (₹) |
|---|---|---|
| May 21 | ₹18 | ₹108 |
| May 22 | ₹26 | ₹116 |
| May 23 | ₹32 | ₹122 |
Note: GMP figures are unofficial and speculative. They should not be the sole basis for investment decisions.
🧠 Should You Apply for the Belrise Industries IPO?
Here’s a comprehensive look at the pros and cons to help you decide:
✅ Reasons to Consider Applying:
- Strong Industry Position: Belrise is a Tier-1 supplier to several marquee auto brands.
- EV Component Play: Expanding aggressively into EV components, a future-focused market.
- Solid Financials: Stable revenue growth, improving profit margins, and manageable debt.
- Positive Market Sentiment: Strong GMP and robust QIB participation signal confidence.
⚠️ Things to Keep in Mind:
- Highly Competitive Sector: Faces stiff competition from domestic and global peers.
- Market Volatility: Global cues and market mood on listing day may impact performance.
- Valuation: While reasonably priced, it’s not a deep value pick; listing gains might be capped if sentiment shifts.
Expert Quote:
“Belrise’s IPO is fairly valued considering its EV play and diversified product portfolio. With strong QIB backing and GMP movement, it looks set for a good listing.”
— Ravi Singhal, CEO, GCL Broking
Verdict: If you’re looking for listing gains, the strong subscription and GMP trends suggest a good chance. For long-term investors, Belrise’s growth trajectory, especially in EV parts, makes it a compelling bet—but monitor quarterly performance post-listing.
📌 Belrise Industries IPO Details
Here’s a quick snapshot for easy reference:
| Parameter | Detail |
|---|---|
| Company Name | Belrise Industries Ltd |
| Industry | Auto Components |
| IPO Size | ₹2,150 crore |
| Issue Type | Book-Built |
| Equity Offered | 23.89 crore shares |
| Face Value | ₹10 per share |
| Price Band | ₹85 – ₹90 |
| Lot Size | 165 shares |
| Listing Date | Tentatively May 28, 2025 |
| Registrar | Link Intime India Pvt Ltd |
❓ FAQs About Belrise Industries IPO
What is the price band of the Belrise Industries IPO?
The IPO is priced between ₹85 to ₹90 per share, with a minimum investment of one lot containing 165 shares.
How much is Belrise Industries planning to raise through the IPO?
The company aims to raise ₹2,150 crore through a complete fresh issue of 23.89 crore equity shares.
What is the Grey Market Premium (GMP) for Belrise IPO on Day 3?
As of Day 3, the GMP stands at ₹32, implying a potential listing price of around ₹122 per share.
What is the Belrise IPO subscription status as of now?
The IPO is subscribed 9.88 times overall, with QIB at 9.76x, NII at 13.43x, and retail at 6.25x as of May 23, 1 PM.
Is it a good idea to apply for the Belrise IPO?
With strong institutional backing and a positive GMP, the IPO looks promising for listing gains. Long-term potential depends on its EV segment performance.
When will Belrise Industries shares be listed?
Tentative listing date is May 28, 2025 on both the NSE and BSE.
Disclaimer: Stock market investments are subject to risks. Please consult with a SEBI-registered financial advisor before investing in IPOs.
