Belrise Industries Ltd. IPO

Belrise Industries IPO is a book-built issue of Rs 2,150.00 crores, consisting entirely of a fresh issue of 23.89 crore shares. The IPO opens for subscription on May 21, 2025, and closes on May 23, 2025. Allotment is expected on May 26, 2025, with listing scheduled on BSE and NSE for May 28, 2025. The price band is set at Rs 85 to Rs 90 per share. Retail investors need a minimum investment of Rs 14,940 (at cutoff). sNII investment starts at Rs 2,09,160 for 14 lots (2,324 shares), while bNII requires Rs 10,00,980 for 67 lots (11,122 shares).

RHP
View
DRHP
View
Open Date

2025-05-21

Close Date

2025-05-23

Belrise Industries Ltd. IPO Details

Check out the issue details for Belrise Industries Ltd. IPO as disclosed in SEBI.

Price Band

₹ 85 - 90

Issue Size

2150 Cr.

Issue Type

Book Built

Open

2025-05-21

Close

2025-05-23

Listing Date

2025-05-28

Company Financials

You can get the following financial statements of Belrise Industries Ltd. as of now.

Belrise Industries IPO Details

The details about the Belrise Industries IPO are as follows:

  • The issue size of the IPO is Rs 2150 Cr.
  • The price band for Belrise Industries IPO is Rs 85 to Rs 90.
  • The shares of Belrise Industries IPO will list on BSE and NSE on 28th May 2025.
  • The latest tentative GMP of Belrise Industries IPO is Rs 8.
  • The shares of Belrise Industries IPO are subscribed 3.06 Times.

 

Belrise Industries IPO Valuation

The approximate valuation of Belrise Industries IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 90
Existing Shares (Qty) 65.09 Cr
Fresh Issue Rs 2150 Cr
Market Cap Rs 8008.1 Cr
EPS (FY24) Rs 4.78
PE Ratio 18.82x
Industry PE 50.36x

 

Belrise Industries IPO Issue Size

Belrise Industries IPO issue size is Rs 2150 Cr.

Issue Amount
Fresh Issue Rs 2150 Cr
Offer For Sale Rs 0 Cr

 

Belrise Industries IPO Market Lot

An individual can apply for a minimum of 1 lot of 166 shares and a maximum of 13 lots of 2158 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 166 Rs 14,940
Maximum 13 2158 Rs 1,94,220

 

Belrise Industries IPO Share Offer

The shares of Belrise Industries IPO are subscribed 3.06 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not more than 15%
Retail Individual Not more than 35%

 

Belrise Industries IPO GMP (Grey Market Premium)

As on GMP (Tentative)
19 May 2025 Rs 8

Belrise Industries IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Belrise Industries IPO Dates

Find below the dates for Belrise Industries IPO

Schedule Date
Basis of Allotment 26 May 2025
Refunds 27 May 2025
Credit to Demat Account 27 May 2025
IPO Listing Date 28 May 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 3828.56 4006.96 4897.28 5394.96 6032.55
Total Expenditure 3289.69 3437.96 4169.76 4597.41 5189.09
Operating Profit 538.87 569 727.52 797.54 843.46
Other Income 35.61 28.16 25.48 38.31 74.19
Interest 163.38 197.04 215.45 216.56 227.12
Depreciation 177.43 205.85 244.82 306.15 320.73
Exceptional Items 0 -0.05 0 0 -12.26
Profit Before Tax 233.66 194.22 292.73 313.14 357.53
Provision for Tax 3.78 19.67 45.6 41.74 62.17
Net Profit 229.88 174.55 247.13 271.4 295.36
Adjusted EPS (Rs.) 0.35 0.27 0.38 0.42 0.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 20.34 20.34 20.34 20.34 325.5
Total Reserves 1242.01 1416.44 1684.85 1946.4 1919.67
Borrowings 1487.39 1569.03 1609.63 1245.39 1171.92
Other N/C liabilities 153.42 172.96 173.08 187.22 200.4
Current liabilities 1009.91 1382.03 1592.26 1790.2 2004.08
Total Liabilities 3913.08 4560.8 5080.17 5189.55 5621.57
Assets
Net Block 1839.32 2025.56 2457.95 2426.7 2458.69
Capital WIP 325.41 294.83 120.21 79.55 178.88
Intangible WIP 0 0 0 0 0
Investments 37.88 19.34 20.34 20.34 20.96
Loans & Advances 289.93 253.61 288.44 120.74 144.65
Other N/C Assets 46.66 46.02 7.68 99.63 92.82
Current Assets 1373.88 1921.43 2185.55 2442.59 2725.57
Total Assets 3913.08 4560.8 5080.17 5189.55 5621.57
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 233.66 194.22 292.73 313.14 357.53
Adjustment 320.25 378.85 443.51 510.48 519.01
Changes in Assets & Liabilities -7.59 -453.95 -323.08 -8.17 -5.03
Tax Paid -25.84 -21.69 -43.87 -59.11 -79.49
Operating Cash Flow 520.48 97.43 369.29 756.34 792.02
Investing Cash Flow -550.36 -289.41 -438.58 -198.01 -390.3
Financing Cash Flow 34.47 202.61 38.74 -495.71 -328.07
Net Cash Flow 4.6 10.63 -30.55 62.62 73.65
X