|
Issue Open Date
|
21-May-25
|
|
Issue Closing Date
|
23-May-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
85
-
90
|
|
Minimium Application No.
|
166
|
|
Issue Size (Shares)
|
177058824
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company; and2. General corporate purposes
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
37941177
|
1454273378
|
38.3296853969501
|
Qualified Institutional Buyers
|
50588235
|
5481123788
|
108.347796439231
|
Retail Individual Investors
|
88529412
|
377642032
|
4.26572393816419
|
|
|
|
Business Description
We are an automotive component manufacturing company based in India offering a diverse range of safety criticalsystems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehiclesand agri-vehicles. Our product portfolio includes metal chassis systems, polymer components, suspensionsystems, body-in-white components and exhaust systems, among others. Our products are largely agnostic tovehicle powertrain types, reflecting our ability in catering to both electric vehicles and internal combustion enginevehicles, thus positioning us favorably to adapt to the growing electric vehicle market. For the Financial Year2024, our revenue from operations was ?74,842.41 million, increasing from ?65,824.96 million for the FinancialYear 2023 and ?53,968.54 million for the Financial Year 2022, growing at a CAGR of 18.17% between theFinancial Years 2022 and 2024.
|
|
Promoter's Holding
|
|
Total Share Capital
|
649726304
|
|
Offered to Public
|
177058824
|
|
Promoter's Holding (Pre-Issue)
|
99.81
|
|
Promoter's Holding (Post-Issue)
|
73.01
|
|
|
|
|
|
|
|
Address |
Plot No D-39 Midc Area Waluj
Chhatrapati Sambhajinagar - (Aurangabad),
Maharashtra,
431133
Phone : 0240-2551206
Email : complianceofficer@belriseindustries.com
Website : www.belriseindustries.com
|
|
Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Axis Capital Ltd. HSBC Securities and Capital Markets (India) Pvt Ltd. Jefferies India Pvt Ltd. SBI Capital Markets Ltd
|
|
Promoters |
Shrikant Shankar Badve Sumedh Shrikant Badve Supriya Shrikant Badve
|
|