Belrise Industries Share Price Update: Belrise Industries share price made a positive debut on the bourses today. On NSE, Belrise Industries share price opened at ₹100 per share, 11.11% higher than the issue price of ₹90. On BSE, Belrise Industries share price today opened at ₹98.50 apiece, up 9.44% than the issue price.
Belrise Industries share price ended listing day at ₹97.08 on NSE, an 7.87 % premium to the IPO price of ₹90, and at ₹97.37 on BSE, an 8.19% premium.
Belrise Industries debuted into the Indian stock market today, following the completion of its initial public offering (IPO). The public issue, valued at ₹2,150 crores, was open for subscription from May 21 to May 23. Belrise Industries IPO allotment status was finalised on May 27, and today marks Belrise Industries IPO listing. Belrise Industries shares are available on both the exchanges, BSE and NSE.
According to a circular from BSE, trading members of the exchange have been informed that from Wednesday, May 28, 2025, the equity shares of BELRISE INDUSTRIES LIMITED will be listed and permitted for trading on the Exchange under the 'B' Group of Securities.
Belrise Industries is a manufacturer of automotive components that provides a wide array of safety-critical systems and various engineering solutions for two-wheeled, three-wheeled, four-wheeled vehicles, commercial vehicles, and agricultural vehicles.
The company has maintained enduring partnerships with its clients, including major multinational OEMs like Bajaj Auto, Honda Motorcycle & Scooter India, Hero MotoCorp, Jaguar Land Rover, and Royal Enfield Motors.
Belrise Industries IPO price band was fixed in the range of ₹85 to ₹90 per equity share of the face value of ₹5. Belrise Industries IPO reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Belrise Industries share price ended listing day at ₹97.08 on NSE, an 7.87 % premium to the IPO price of ₹90, and at ₹97.37 on BSE, an 8.19% premium.
Belrise Industries is launching an IPO valued at ₹2,150 crore, consisting of 23,88,88,888 equity shares. The proceeds from the Belrise Industries IPO are intended to be used for purposes such as repaying or pre-paying loans, as well as for general corporate needs.
The book running lead managers for the Belrise Industries IPO include Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, Jefferies India Private Limited, and SBI Capital Markets Limited, with Link Intime India Private Ltd serving as the registrar for the offering.
As per the red herring prospectus (RHP), the company's listed peers are Bharat Forge Ltd (with a P/E of 58.94), Uno Minda Ltd (with a P/E of 62.19), Motherson Sumi Wiring India Ltd (with a P/E of 39.42), JBM Auto Ltd (with a P/E of 45.52), Endurance Technologies Ltd (with a P/E of 44.76), and Minda Corporation Ltd (with a P/E of 51.32).
The stock was trading at ₹99.51 per share on NSE, marking a 0.49% decrease at 12:48 IST, and at ₹99.90 per share on BSE, showing a nearly 2% rise.
According to Gaurav Garg, Lemonn Markets Desk, Belrise Industries made a strong market debut on May 28, listing at ₹100 on the NSE (11.11% premium) and ₹98.5 on the BSE (9.44% premium) against its issue price of ₹90. The IPO was oversubscribed 41.3 times, with QIBs bidding 108.35 times, NIIs 38.33 times, and retail investors 4.27 times.
The company, a key supplier of safety-critical components and engineering solutions for two-, three-, four-wheelers, and commercial/agri vehicles, partners with top OEMs like Hero MotoCorp, Bajaj Auto, and Jaguar Land Rover. Its strong OEM ties and focus on future-ready segments make it a promising pick for medium- to long-term investors.
The stock was trading at ₹94.75 per share on NSE, marking a 5.25% decrease at 10:50 IST, and at ₹94.65 per share on BSE, showing a nearly 4% decline.
"Belrise listing was well below street expectations ahead of subdued market. The offer received overwhelmingly response to its initial public offering (IPO), with the overall subscription reaching over 41 times, significantly surpassing street expectations.
Given market momentum and risks, we recommend allotted long-term investors continue to “HOLD” with volatility in short- to medium-term while conservative allotted investors may look to book profits on listing day," said Prashanth Tapse, Sr VP Research – Research Analyst at Mehta Equities Ltd.
Belrise Industries share price made a positive debut on the bourses today. On NSE, Belrise Industries share price opened at ₹100 per share, 11.11% higher than the issue price of ₹90. On BSE, Belrise Industries share price today opened at ₹98.50 apiece, up 9.44% than the issue price.
According to Prashanth Tapse, Sr VP Research – Research Analyst at Mehta Equities Ltd, automotive component manufacturer Belrise Industries received an overwhelmingly positive response to its initial public offering (IPO), with the overall subscription reaching over 41 times, significantly surpassing street expectations.
“The robust demand reflects strong investor confidence and sets the stage for a potentially impressive listing. Given the prevailing market sentiment and the high level of oversubscription, we anticipate a listing premium in the range of 20–25% over the issue price. This expectation is supported by the healthy subscription figures and the company’s strong fundamentals,” said Tapse.
According to Mahesh M.Ojha, Hensex Securities Pvt Ltd, AVP Research and Business development for investors who received allotment, it would be wise to hold the stock for the medium to long term.
Those looking to invest after listing should consider waiting for price stability. If the stock retraces toward the ₹100–105 zone and fundamentals remain intact, it could be a favorable entry point.
Belrise Industries IPO subscription status on the last bidding day was 41.30 times, as BSE data.
The share allocated to qualified institutional buyers (QIBs) was subscribed by 108.35 times, whereas retail individual investors (RIIs) experienced 4.27 times subscriptions. The non-institutional investors' quota attracted 38.33 times of total subscriptions.
Belrise Industries IPO GMP today is 21. This indicates Belrise Industries share price was trading at a premium of ₹21 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Belrise Industries share price is indicated at ₹111 apiece, which is 23.33% lower than the IPO price of ₹90.
According to the grey market trends observed over the past 22 sessions, the IPO GMP is showing an upward trend today and is anticipated to have a robust listing. The minimum GMP recorded is ₹0.00, whereas the maximum GMP has reached ₹28.50, as reported by experts from investorgain.com.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
Belrise Industries IPO valued at ₹2,150 crore, consists of 23,88,88,888 equity shares. The proceeds from the Belrise Industries IPO are intended to be used for purposes such as repaying or pre-paying loans, as well as for general corporate needs.
The book running lead managers for the Belrise Industries IPO include Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, Jefferies India Private Limited, and SBI Capital Markets Limited, with Link Intime India Private Ltd serving as the registrar for the offering.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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