Listed

Belrise Industries Limited IPO

Belrise Industries Limited is a diversified Indian manufacturing company specializing in automotive components and engineering solutions. With a strong presence in the automotive sector, the company produces a wide range of products including chassis systems, suspension components, and modules for two-wheelers, passenger vehicles, and commercial vehicles. Known for its commitment to innovation, quality, and sustainable practices, Belrise operates multiple manufacturing facilities across India and collaborates with global partners to deliver value-driven solutions. The company plays a vital role in the supply chain of major OEMs and continues to expand its capabilities across domestic and international markets.

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Min Investment

₹14,940

Lot Size

166 Shares

Price Range

₹85.0-90.0

Issue Size (₹ Cr.)

₹2,150.00

IPO Type

BSE, Mainboard, NSE

Key Metrics

Face Value

₹ 5

GMP

₹ 21.0

Subscription

43.14x

EPS

₹ 3.68

P/E Ratio

24.47 x

RoNW

13.33%

ROE

13.33%

Debt to Equity (₹ Cr.)

0.96

Timeline

IPO Opened21/05/2025Wednesday

IPO Closed23/05/2025Friday

Allotted26/05/2025Monday

Refunded27/05/2025Tuesday

Listed28/05/2025Wednesday

Strengths

Diverse Product Portfolio: The company offers a wide range of automotive components including chassis systems, suspension parts, and exhaust systems, catering to various vehicle segments.
Strong Client Base: Belrise serves reputed automobile manufacturers such as Bajaj Auto, Hero MotoCorp, Honda, and Jaguar Land Rover, ensuring consistent demand.
Pan-India Manufacturing Network: With 15 manufacturing units across 8 states, the company has a strong production and distribution footprint that supports timely delivery and cost efficiency.
Steady Financial Performance: The company has shown stable revenue and profit growth over recent years, reflecting sound financial management and operational strength.
Focus on Innovation and R&D: Belrise invests in product development and automation to stay ahead of market trends and deliver high-quality, reliable components.

Weaknesses

High Dependence on Automotive Sector: The company’s revenues are largely dependent on the performance of the automobile industry, making it vulnerable to sector-specific slowdowns.
Customer Concentration Risk: A significant portion of revenue comes from a few key clients. Loss or reduced orders from any major customer could impact overall financial performance.
High Working Capital Requirement: The business model requires substantial working capital to manage inventory and receivables, which can strain liquidity in tight market conditions.
Exposure to Raw Material Price Fluctuations: Costs of key materials like steel and polymers are volatile, and any sharp increase can affect profitability if not passed on to customers.
Debt Burden: Although the IPO aims to reduce debt, the current financials indicate a sizable debt load, which increases interest costs and financial risk.