Mumbai : Shares of Belrise Industries Limited makes an impressive debut on the exchange listing at 11.11% premium.
The scrip listed Rs 98.50 per share on BSE, a premium of 9.44%, and Rs 100 per share on NSE, a premium of 11.11%. The company’s share price closed at Rs 97.37 per share on the BSE, a 8.19% premium, and at Rs 97.08 per share on the NSE, a 7.87% premium.
As per NSE, the total quantity traded stood at 1985.07 lakh shares, on BSE the total Quantity stood at 201.71 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 2,135.78 crore.
The Market Capitalization of the Company at today’s closing price stood at Rs. 8,664.75 Crore as per BSE and Rs. 8,638.95 Crore as per NSE.
The company had offered Rs 2150 crore issue for subscription from May 21 to May 23. This garnered substantial interest, and the offer was subscribed 41.30 times. Qualified Institutional Buyer Portion was subscribed 108.35 times. Non-Institutional Investors Portion and Retail Portion were subscribed 38.33 times and 4.26 times respectively.
Belrise Industries Ltd offers a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. Its product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust systems, among others. The products are largely agnostic to vehicle powertrain types, reflecting its ability in catering to both electric vehicles and internal combustion engine vehicles, thus positioning it favorably to adapt to the growing electric vehicle market.
The company’s automotive product portfolio comprises over 1,000 distinct products across chassis systems, exhaust systems, body-in-white parts, polymer components, battery containers, suspensions and steering columns, among others.
As of December 31, 2024, the company markets its products both domestically and internationally, with operations extending to several key global markets including Austria, Slovakia, the United Kingdom, Japan and Thailand and has a diversified customer base of 29 OEMs.
Belrise has a long-standing relationship with customers, including prominent multinational OEMs such as Bajaj Auto Limited, Honda Motorcycle & Scooter India Private Limited, Hero MotoCorp Limited, Jaguar Land Rover Limited and Royal Enfield Motors Limited, among others Belrise acquired H-One India Private Limited (“H-One”), the erstwhile subsidiary of H-One Company Limited, a listed entity in Japan, in March 2025 and consequently, as of March 31, 2025, it operates 17 manufacturing facilities across 10 cities in nine states in India
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