Belrise Industries IPO Allotment Finalized: Investors Await Listing Boom

Company Overview

A leader in automotive components, Belrise Industries serves two-wheelers, three-wheelers, four-wheelers, and commercial vehicles. The company specializes in metal chassis systems, polymer components, suspension systems, and exhaust systems, positioning itself as a key player in India’s booming auto industry.

Record-Breaking Subscription

Belrise Industries’ ₹2,150 crore public offering witnessed stellar demand, with an overall subscription of 41.30 times:

Qualified Institutional Buyers (QIBs): 108.35 times

Non-Institutional Investors (NIIs): 38.33 times

Retail Investors: 4.27 times

The IPO price band was set at ₹85-90 per share, and allocation details are now available on MUFG Intime India, BSE, and NSE websites.

How to Check Your Belrise Industries IPO Allotment Status

Investors can verify their allotment by visiting:

MUFG Intime India (Registrar)

BSE & NSE official portals Simply enter your PAN, application number, or DP ID to get your allocation details.

Grey Market Buzz & Listing Expectations

Belrise Industries’ shares are currently commanding a ₹28-32 Grey Market Premium (GMP), projecting an estimated listing price of ₹118.5 per share—a 31.67% premium over the IPO price. The stock is scheduled to list on May 28, 2025, on the BSE & NSE.

Belrise Industries offers a diverse range of automotive components, including:

Metal Processing: Chassis, exhaust systems, seating parts
Polymer Processing: Fairings, luggage boxes, helmets
Surface Treatment: Nickel chrome plating for durability
Mirror Systems: Rear-view mirrors for passenger and commercial vehicles
Suspension Systems: Front forks, shock absorbers, wishbone assemblies
Foundry Components: Clutch plates, crankshafts, hubs
Home Appliances: Refrigerator trays, freezer grills
Security Hardware: Household locks and bolts
E-Mobility & Floriculture: Expanding into electric vehicle components and agriculture-related products