Belrise Industries Limited IPO
Industry Outlook
- India’s auto component industry is projected to grow at a CAGR of 911% between FY 2024 and FY 2029, reaching ₹12-13 trillion, driven by OEM demand, replace ...
- Exports, contributing 22% of FY24 demand, are expected to grow 7-9% in FY25, supported by North America and Europe demand and the global “China +1” sourcing strategy.
- Electric two-wheeler sales grew at a 101.7% CAGR (FY19-24), with EV penetration expected to reach 33-37% by FY31, reshaping demand for advanced components.
- Rising inflation, regulatory shifts (e.g., BS-VI norms), raw material cost volatility, and global economic uncertainty remain key risks to monitor.
IPO Timeline
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21 May 2025Bidding Starts
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23 May 2025Bidding Ends
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26 May 2025Allotment Finalization
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27 May 2025Refund Date
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27 May 2025Demat Date
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28 May 2025Listing Date
Belrise Industries Limited IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2022 | 5,196.07 Cr | 5,410.68 Cr | 307.24 Cr |
| 31 Mar 2023 | 5,679.15 Cr | 6,620.78 Cr | 356.70 Cr |
| 31 Mar 2024 | 6,041.65 Cr | 7,555.67 Cr | 352.70 Cr |
| 31 Dec 2024 | 6,587.69 Cr | 6,064.76 Cr | 245.47 Cr |
About Belrise Industries Limited IPO
Belrise Industries Limited, formerly known as Badve Engineering Limited, was originally incorporated as Badve Engineering Private Limited on September 25, 1996. It was converted into a public limit ...
The company is a leading Indian manufacturer of automotive components and aggregates, catering to two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and agri-vehicles. Its diverse product portfolio includes chassis systems, exhaust systems, body-in-white components, polymer parts, suspension systems, and electric vehicle components.
Belrise operates 17 manufacturing units across nine states in India, strategically located near major automotive hubs. It serves 29 OEMs globally, including in the United States, Japan, the United Kingdom, and China, and holds a 24% market share in the domestic two-wheeler metal components segment as of FY 2024.
The company’s operations are organised into four key verticals: sheet metal, plastic and polymer, suspension, and e-mobility. With a focus on precision engineering, scalability, and innovation, Belrise aims to strengthen its leadership in the automotive components industry and expand its presence in the growing electric vehicle and global export markets.
Read moreBelrise Industries IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Allocate ₹16,181.27 million to repay or prepay, in full or in part, certain outstanding borrowings, thereby reducing interest burden and improving the company’s debt profile.
- Deploy funds for general corporate purposes, including business development, strategic initiatives, and capital expenditure for maintenance and upgrades across its manufacturing facilities.
- Strengthen liquidity to meet working capital needs and support increasing demand across the two-wheeler, three-wheeler, four-wheeler, commercial vehicle, and agri-vehicle segments.
- Leverage the IPO to enhance brand image, improve visibility among OEMs and investors, and establish a public market for its equity shares to support future growth opportunities.
Belrise Industries IPO Promoter Holding
Shrikant Shankar Badve, Supriya Shrikant Badve and Sumedh Shrikant Badve are the company promoters.
Share Holding Pre Issue 99.81%
Share Holding Post Issue 0%
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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