Strategic acquisition, expanding reach key to future growth of IPO-bound Belrise
IPO dates: May 21-23, 2025IPO price: Rs85-90Issue size: Upto Rs2,150 croreImplied market cap: Upto Rs8,009 croreFace value: Rs5Lot size: 166Retail portion: 35% Pune headquartered Belrise Industries, an auto ancillary company, plans to raise Rs2,150 crore through a fresh issue of equity to repay partial debt. The promoter group’s stake will fall to 73% after the … Read more