Belrise Industries Limited IPO

Apply 0
Avoid 0

Closing in

Days
Hours
Mins
Secs

Don't Miss It! Mark Your Calender Now:


They are a leading automotive component manufacturing company based in India, delivering a wide portfolio of safety-critical systems and engineering solutions across the full spectrum of vehicle categories—two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.

Their comprehensive product offerings include:
i. Metal chassis systems                                      ii. Polymer components
iii. Suspension systems                                       iv. Body-in-white components
v. Exhaust systems

Their components are powertrain-agnostic, making them suitable for both electric vehicles (EVs) and internal combustion engine (ICE) vehicles. This flexibility strategically positions them to seamlessly adapt to the growing EV ecosystem, while continuing to serve the ICE segment efficiently.

Strategic Positioning

Their deep specialization in precision fabrication and metal pressing across vehicle segments, coupled with their robust product range, positions them to capitalize on growth opportunities arising from:
i. Increasing adoption of electric vehicles
ii. Rising demand for safety-critical and performance-enhancing components
iii. Expansion of domestic and global OEM manufacturing bases

With strong industry experience, advanced engineering capabilities, and a diversified product mix, they are well-equipped to meet the evolving demands of both legacy and next-generation mobility platforms in India and abroad.

Objects of the Belrise Industries Limited IPO:

IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: i. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and ii. General corporate purposes.
DRHP of Belrise Industries Limited IPO
RHP of Belrise Industries Limited IPO

Belrise Industries Limited IPO Details:

Open Date: May 21 2025
Close Date: May 23 2025
Total Shares: 23,88,88,888
Face Value: ₹ 5 Per Equity Share
Issue Size: 2,150.00 Cr.
Lot Size: 166 Shares
Issue Price: ₹ 85 - 90 Per Equity Share
Listing At: NSE,BSE
Listing Date: May 28 2025

Promoters And Management:

Shrikant Shankar Badve, aged 59, is the Managing Director of the Company since January 2008. An engineering graduate from Dr. Babasaheb Ambedkar Marathwada University, he brings over 28 years of experience in engineering, management, and finance. He has received the India’s Impactful CEO 2023 award by Times Now and serves as Ambassador for Magnetic Maharashtra. He has also held leadership roles at the Federation of Industries of India, Rotary Foundation, and Atal Incubation Centre – RMP Foundation. Supriya Shrikant Badve, aged 55, is the Whole-time Director of the Company with over 16 years of experience in management and finance. A science postgraduate from Amravati University, she has played a key role in the Company’s business management. She served as Chairperson of the Women Entrepreneurship Development Council (Aug 2021–July 2023) and is a founding member of the Women Entrepreneurs & Startups Committee at DCCIA Pune. Her accolades include the Business Icons of India 2023, Best Industrialist Award 2022, and Women Entrepreneur of the Year 2017 by SME Chamber of India. Ashok Vishnu Tagare, aged 79, is the Non-Independent Non-Executive Director of the Company, serving since March 1, 2002. He holds a mechanical engineering degree from Walchand College and multiple diplomas and certifications in quality management, HR development, environmental systems, and international trade. With over 6 years of experience in industrial engineering, drawing, and design, he has previously worked with Batliboi & Co. Pvt. Ltd. and Kinetic Engineering Ltd. in key technical roles.

Financials of Belrise Industries Limited IPO:

In Cr.
Particulars December 31, 2024 March 31, 2024 March 31, 2023  March 31, 2022 
Revenue from Operations 6,013.42 7,484.24 6,582.49 5,396.85
EBITDA 767.04 938.36 897.65 763.47
EBITDA Margins 12.76% 12.54% 13.64% 14.15%
PAT 245.46 310.87 313.66 261.84
PAT Margins 4.08% 4.15% 4.77% 4.85%
ROCE 11.03% 14.83% 14.04% 12.86%
CFOA 315.65 582.35 789.49 474.36

Comparison With Peers:

Companies Revenue EBITDA Margins PAT Margins D/E Ratio MCap P/E
Belrise Industries (FY 2024) 7,484.24 Cr. 12.54% 4.15% 1.04 8,008 Cr. 25.76
Bharat Forge (TTM) 15,123 Cr. 18% 6% 0.72 59120 Cr. 58.60
Uno Minda (TTM) 16,040 Cr. 11% 6.44% 0.40 57,006 Cr. 60.50
Motherson Sumi Wiring India (TTM) 9,320 Cr. 11% 6.50% 0.16 24,975 Cr. 41.20
JBM Auto (TTM) 5,472 Cr. 12% 3.92% 1.95 17,184 Cr. 85.10
Endurance Technologies (TTM) 11,561 Cr. 13% 7.23% 0.17 31,293 Cr. 37.80
Minda Corporation-Spark Minda (TTM) 4,950 Cr. 11% 5.53% 0.25 12,004 Cr. 43.80

Recommendation on Belrise Industries Limited IPO:

To be updated shortly.

Lead Manager of Belrise Industries Limited IPO:

  1. Axis Capital Limited
  2. HSBC Securities & Capital Markets Private Limited
  3. Jefferies India Private Limited
  4. SBI Capital Markets Limited

Registrar of Belrise Industries Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Belrise Industries Limited Plot No D-39 MIDC Area Waluj Phone: +910240 255120 Email: complianceofficer@belriseindustries.com Website: http://www.belriseindustries.com/

Discussion on Belrise Industries Limited IPO:

Leave a Reply