# Everything you need to know about Belrise Industries IPO

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-belrise-industries-ipo/182304
**Category:** General
**Created:** [May 16, 2025, 10:00am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-belrise-industries-ipo/182304 "2025-05-16T10:00:41Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![Shruthi](https://tradingqna.com/user_avatar/tradingqna.com/shruthi/32/45458_2.png) [@Shruthi](https://tradingqna.com/u/Shruthi)
#### Post date: [May 16, 2025, 10:00am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-belrise-industries-ipo/182304/1 "2025-05-16T10:00:41Z")

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### About

Belrise Industries is a leading Indian manufacturer of automotive components, offering over 1,000 products across chassis, exhaust, suspension, polymer, and body parts for 2W, 3W, 4W, commercial, and agri-vehicles. It supports both electric and ICE vehicles and has grown revenue at a 17.76% CAGR from FY22 to FY24. With a 24% market share in India’s two-wheeler metal components segment and expertise in precision sheet metal fabrication, the company serves both domestic and international markets. It operates on a just-in-time inventory model and has scalable facilities across India and overseas.

### IPO schedule

| Issue open date | 2025-05-21 |
| --- | --- |
| Issue close date | 2025-05-23 |
| UPI mandate deadline | 2025-05-23 (5 PM) |
| Allotment finalization | 2025-05-26 |
| Refund initiation | 2025-05-27 |
| Share credit | 2025-05-27 |
| Listing date | 2025-05-28 |
| Mandate end date | 2025-06-07 |
| Lock-in end date for anchor investors (50%) | 2025-06-26 |
| Lock-in end date for anchor investors (remaining) | 2025-08-24 |

### Financials

| Financial Year Ended | March 2022 | March 2023 | March 2024 | December 2024 |
| --- | --- | --- | --- | --- |
| Total Assets | 5196.07 | 5679.15 | 6041.65 | 6587.69 |
| Revenue | 5410.68 | 6620.78 | 7555.67 | 6064.76 |
| Profit After Tax | 307.24 | 356.70 | 352.70 | 245.47 |

\*All figures are in ₹ Crores.

### Issue size

| Funds Raised in the IPO | Amount |
| --- | --- |
| Overall | ₹2150 crores |
| Fresh Issue | ₹2150 crores |

### Utilisation of proceeds

| Purpose | INR crores (%) |
| --- | --- |
| Repayment/prepayment of borrowings | 1618.13 (75.26%) |
| General corporate purposes | 531.87 (24.74%) |

### Strengths

- Among top 3 in India’s two-wheeler metal components segment with 24% market share
- Strong backward and forward integration with in-house tool making, assembly, and painting
- Proximity to OEMs with 17 plants across 9 states enables custom and agile supply
- Broad client base with 29 OEMs, including Bajaj, Hero, Tata, and JLR
- Products are EV and ICE agnostic, positioning well for industry transition

### Risks

- 7 of 17 plants are in Maharashtra, exposing it to regional risks
- Top 10 customers contribute ~64% of revenue, indicating high client concentration risk
- Dependent on a few key raw materials with price and supply volatility
- Competitive pricing pressure from OEMs may impact profit margins
- Regulatory compliance issues in multiple jurisdictions could lead to penalties or shutdowns

### Allotment Status for Belrise Industries

To check your allotment status -[click here](https://in.mpms.mufg.com/Initial_Offer/public-issues.html).