Strategic acquisition, expanding reach key to future growth of IPO-bound Belrise

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

Belrise Industries IPO: Price band set at Rs 85-90; issue opens on May 21

Belrise Industries IPO: Price band set at Rs 85-90; issue opens on May 21

Pune-based auto component manufacturer Belrise Industries has fixed the price band for its Rs 2,150 crore initial public offering (IPO) at Rs 85–90 per share. The IPO will open for subscription on May 21 and close on May 23, with anchor bidding scheduled for May 20. Investors can bid for a minimum of 166 equity … Read more