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).

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 43.14 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 43.14 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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 4006.96 4897.28 5394.96 6032.55 6593.81
Total Expenditure 3437.96 4169.76 4597.41 5189.09 5678.6
Operating Profit 569 727.52 797.54 843.46 915.21
Other Income 28.16 25.48 38.31 74.19 64.78
Interest 197.04 215.45 216.56 227.12 228.13
Depreciation 205.85 244.82 306.15 320.73 329.25
Exceptional Items -0.05 0 0 -12.26 0
Profit Before Tax 194.22 292.73 313.14 357.53 422.61
Provision for Tax 19.67 45.6 41.74 62.17 90.13
Net Profit 174.55 247.13 271.4 295.36 332.48
Adjusted EPS (Rs.) 0.27 0.38 0.42 0.45 0.51

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 20.34 20.34 20.34 325.5 325.5
Total Reserves 1416.44 1684.85 1946.4 1919.67 2251.55
Borrowings 1569.03 1609.63 1245.39 1171.92 1649.36
Other N/C liabilities 172.96 173.08 187.22 200.41 83.04
Current liabilities 1382.03 1592.26 1790.2 2004.08 2282.84
Total Liabilities 4560.8 5080.17 5189.55 5621.57 6592.28
Assets
Net Block 2025.56 2457.95 2426.7 2458.69 2703.96
Capital WIP 294.83 120.21 79.55 178.88 263.09
Intangible WIP 0 0 0 0 0
Investments 19.34 20.34 20.34 20.96 353.79
Loans & Advances 253.61 288.44 120.74 145.15 130.02
Other N/C Assets 46.02 7.68 99.63 92.32 105.89
Current Assets 1921.43 2185.55 2442.59 2725.57 3035.53
Total Assets 4560.8 5080.17 5189.55 5621.57 6592.28
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025
Other Income 12.27 20.74
Profit Before Tax 139.64 130.37
Tax 29.34 27.84
Profit After Tax 110.29 102.53
Adjusted EPS (Rs) 1.69 1.15

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 73.01 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 194.22 292.73 313.14 357.53 422.61
Adjustment 378.85 443.51 510.48 473.75 514.04
Changes in Assets & Liabilities -453.95 -323.08 -8.17 9.87 -184.58
Tax Paid -21.69 -43.87 -59.11 -79.5 -97.99
Operating Cash Flow 97.43 369.29 756.34 761.65 654.09
Investing Cash Flow -289.41 -438.58 -198.01 -359.94 -1019.31
Financing Cash Flow 202.61 38.74 -495.71 -328.07 223.07
Net Cash Flow 10.63 -30.55 62.62 73.64 -142.15
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