Belrise Industries IPO Allotment Status: Belrise Industries Limited was incorporated in 1988. It manufactures automotive sheet metal and casting parts, polymer components, suspension, and mirror systems for passenger and commercial vehicles. Size of Belrise Industries IPO is ₹ 2,150 crores which includes completely fresh issue of 23.89 crore shares and does not include any part as offer for sale.
Detail about Belrise Industries IPO Allotment Status
Bidding for Belrise Industries IPO bidding started on May 21, 2025 and ended on May 23, 2025. The Belrise Industries IPO Allotment Status can be known on Monday, May 26, 2025. Belrise Industries IPO will be listed on BSE on NSE on Wednesday, May 28, 2025. Belrise Industries IPO price band was set at ₹90 per share and the minimum quantity for an application was 166. It means the minimum amount of investment for the application of IPO was ₹14,110.
Steps to Check Belrise Industries IPO Allotment Status
As shares for Belrise Industries IPO are to be allotted today, investors are curious to know whether shares are allotted to them or not. They can check Belrise Industries IPO allotment status by using the following steps:
• Go and open the website of Bombay Stock Exchange (BSE).
• Click on 'Investors' option.
• Now there will be an option of 'Investor Services'
• Under this, click on 'Status of Issue Application'.
• Now, click on 'Application Status Check'.
• Select Equity in the issue type.
• Enter the required details including the 'Issue Name'.
• Now, enter application number or PAN number and click on Search to know the status of allotment
How Much is Belrise Industries IPO Subscribed?
As per latest information, Belrise Industries IPO is subscribed 43.14 times. It is subscribed 4.52 times in the retail category, 112.63 times in Qualified Institutional Buyers (QIB) category, and 40.58 times in the Non-institutional Buyers (NIB) category. Overall it is subscribed by 43.14 times.
Current GMP and Potential Listing Price of Belrise Industries IPO as per Experts
As per latest information, the GMP of Belrise Industries IPO is around ₹28 which indicates that listing price can be around ₹118.
• As IPO is oversubscribed by more than 40 times there is high chance of good listing gain to investors. Subscriptions under QIB category is more than 100 times which shows there faith in this IPO.
• The IPO is from a leading automotive component manufacturing company with diverse range of products which has around 24% market share in two-wheeler segment. Based on available financial data, the IPO has potential to list on a higher price.
• Many brokers suggested to remain invested in this IPO
• The expected listing price is between ₹110 and ₹130
Investors, who applied for the IPO, can check Belrise Industries IPO allotment status by following the mentioned steps. As per data and experts, Belrise Industries IPO is going to give good listing gain to its investors.