Wed May 28 13:00:00 UTC 2025: **Summary:**

Belrise Industries, an automotive component manufacturer, had a successful IPO debut on May 28th. The stock listed at a premium on both the NSE (₹100) and BSE (₹98.5) compared to the issue price of ₹90. The IPO, which aimed to raise ₹2,150 crore, was oversubscribed by 41.30 times. Investors who were allotted shares made ₹16,600 per lot (166 shares). The company plans to use the IPO proceeds to reduce debt and for general corporate purposes.

**News Article:**

**Belrise Industries Makes Strong Market Debut, Investors See Solid Gains**

**Mumbai, May 28, 2025** – Shares of automotive component manufacturer Belrise Industries had a positive listing on Indian stock exchanges today, rewarding investors who participated in the company’s initial public offering (IPO). The stock opened at ₹100 on the National Stock Exchange (NSE), an 11.11% premium over its issue price of ₹90. On the Bombay Stock Exchange (BSE), the stock debuted at ₹98.5, representing a 9.44% increase.

The IPO, which aimed to raise ₹2,150 crore through a fresh issue of 23.89 crore shares, was met with strong investor demand. The offering was oversubscribed by 41.30 times, with particularly high interest from Qualified Institutional Buyers (QIBs), who subscribed 108.35 times their allocated portion. Retail investors also showed strong interest, subscribing 4.27 times their allocation.

For investors who secured an allotment of Belrise Industries shares, the listing provided a profitable return. With a minimum application size of 166 shares, each lot yielded a gain of ₹16,600 on the listing day.

Belrise Industries plans to utilize the funds raised through the IPO to reduce its debt burden and support general corporate activities. The company has established relationships with major automotive manufacturers such as Hero MotoCorp, Honda Motorcycle & Scooter India, Bajaj Auto, Royal Enfield Motors, and Jaguar Land Rover.

Axis Capital, Jefferies India, HSBC Securities and Capital Markets (India) Pvt Ltd, and SBI Capital Markets acted as the book-running lead managers for the issue. The successful listing marks a significant milestone for Belrise Industries as it embarks on its journey as a publicly traded company.

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