Pune-based Belrise Industries is all set to launch its ₹2,150 crore IPO from May 21 to May 23, 2025, with the price band fixed between ₹85–90 per share. This fresh issue of 23.89 crore equity shares aims to repay ₹1,618 crore of company debt, making it a crucial move for financial stability. The anchor investor bidding opens a day earlier, on May 20.
As India’s third mainboard IPO of FY26, after Ather Energy and Borana Weaves, the Belrise Industries IPO 2025 is generating buzz among retail and institutional investors alike.
What is Belrise Industries? A Quick Look at the Company Profile
Belrise Industries is a leading auto component manufacturer based in Pune, serving both domestic and international OEMs. The company builds a wide range of safety-critical parts like chassis systems, exhaust systems, polymer components, and more. Their products are integrated into two-wheelers, commercial vehicles, agri-vehicles, and even premium four-wheelers.
Notably, they supply to major auto giants like Bajaj Auto, Hero MotoCorp, Honda Motorcycle, Royal Enfield, and Jaguar Land Rover—a strong validation of their engineering and operational capabilities. The company aims to use this IPO to streamline finances, enhance capacity, and strengthen relationships with global clients.
IPO Details: Price Band, Lot Size & Key Dates
Investors can apply for a minimum of 166 shares, and in multiples thereafter. The IPO will be listed on May 28, 2025. The total issue is entirely a fresh issue, meaning no existing shareholders are selling their stakes—an encouraging sign for long-term investors.
IPO Tentative Timeline:
- Anchor Investor Date: May 20, 2025
- Public Subscription Window: May 21–23, 2025
- Listing Date: May 28, 2025
- Price Band: ₹85 to ₹90 per share
- Issue Size: ₹2,150 crore
Financial Snapshot: Performance Before the Launch
In FY24, Belrise Industries clocked ₹7,484.21 crore in revenue, with a net profit of ₹310.88 crore. For the nine months ending December 2024, revenue was ₹6,013.43 crore with profits at ₹245.47 crore. These figures indicate stable cash flow and operational strength, making it a compelling pick for value investors.
With support from merchant banks like Axis Capital, Jefferies, HSBC, and SBI Capital, the IPO is backed by experienced advisors. Moreover, as a domestic player with global partnerships, Belrise could benefit from India’s auto sector growth push under “Make in India.”
Also Read:
Borana Weaves IPO Opens May 20: Key Details, Price Band & Allotment and Listing Dates
Competition on the Horizon: Tenneco’s India IPO in Pipeline
It’s interesting to note that Apollo Global Management is also planning a $400 million IPO for the Indian arm of US-based auto component firm Tenneco Inc., targeting a valuation of $2–2.5 billion. This reflects rising investor interest in the auto ancillary space, hinting at potential sector-wide momentum in the coming quarters.
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
