Belrise Industries IPO hits Street: Should you subscribe? Here's what market guru Anil Singhvi suggests

Belrise Industries IPO: The initial public offering (IPO) of  Belrise Industries, a prominent automotive component manufacturer, opened for public subscription on Wednesday, 21 May 2025. The company plans to raise Rs 2,150 crore through a 100 per cent fresh issue of 238.9 million equity shares, with no offer-for-sale (OFS) component.

Ahead of the issue, Belrise secured Rs 645 crore from anchor investors on Tuesday, 20 May, indicating strong institutional confidence.

Belrise Industries IPO | Should you apply? Here's what Market wizard Anil Singhvi recommends:

Zee Business Managing Editor Anil Singhvi has given a thumbs-up to the Belrise IPO. He believes investors can look forward to reasonable listing gains and should also consider holding the stock for the long term, given the company’s fundamentals and growth potential.

Belrise Industries IPO: Why he’s bullish on Belrise:

Strong promoter background with the next generation stepping in
 24 per cent market share in India’s two-wheeler segment
Diversified product base and manufacturing across multiple locations
Robust growth potential and support from marquee anchor investors
Funds from the IPO will help in reducing debt, boosting profitability
Attractive valuations, especially compared to peers

Belrise Industries IPO: Risks to consider

Majority of revenue currently comes from domestic markets
Export potential yet to be tapped
Operates in a highly competitive sector

Belrise Industries IPO details: Price band and lot size

Belrise Industries is offering its IPO shares at a price between Rs 85 and Rs 90 each. One lot contains 166 shares, which is the minimum you can apply for.

So, if you’re a retail investor, you’ll need at least Rs 14,940 to apply for one lot. You can apply for up to 13 lots (2,158 shares), which would cost you Rs 1,94,220 at the upper price band.

Belrise Industries IPO : Allotment, listing dates

The IPO opened on Wednesday, 21 May 2025 and will close on Friday, 23 May 2025.

The allotment of shares is likely to be done on Monday, 26 May 2025.

Shares will be credited to demat accounts on Tuesday, 27 May 2025.

The company will list on the stock exchanges (BSE and NSE) on Wednesday, 28 May 2025.

Belrise Industries IPO: Where will the IPO money go?

Belrise Industries plans to use the funds raised through the IPO to:

Repay or prepay loans

Support general business operations

Registrar and lead managers

The IPO is managed by MUFG InTime India (formerly known as Link InTime India). The lead managers of the issue are Axis Capital, HSBC Securities, Jefferies India, and SBI Capital Markets.