Belrise Industries IPO Allotment Finalized: Investors Await Listing Amid Strong Demand

The much-anticipated Belrise Industries IPO allotment has been finalized today, May 26, 2025, following an overwhelming response from investors. The ₹2,150 crore public offering saw a subscription rate of 41.30 times, reflecting strong demand across all investor categories. Investors can now check their allotment status via MUFG Intime India, the official registrar, or through the BSE and NSE websites. The shares are set to be listed on May 28, 2025, with a grey market premium (GMP) indicating a potential listing gain of 30-32%2.

IPO Subscription Details

Belrise Industries, a leading automotive component manufacturer, opened its IPO for bidding from May 21 to May 23, 2025. The offering was met with strong investor enthusiasm, particularly from Qualified Institutional Buyers (QIBs), who subscribed 108.35 times the reserved portion. Non-Institutional Investors (NIIs) subscribed 38.33 times, while Retail Individual Investors (RIIs) subscribed 4.27 times.

Checking Allotment Status

Investors who applied for the IPO can check their allotment status through multiple platforms:

• MUFG Intime India (formerly Link Intime): Visit the official registrar’s website and enter PAN, application number, or DP client ID.
• BSE & NSE Websites: Navigate to the IPO allotment section and input relevant details to view the status.

Grey Market Premium (GMP) & Expected Listing Price

The grey market premium (GMP) for Belrise Industries IPO has been fluctuating, with recent estimates placing it at ₹27-₹30 per share. Given the issue price band of ₹85-₹90, analysts predict a listing price of approximately ₹117-₹118 per share, translating to a potential gain of 30-32%.

Expert Analysis

Market analysts have expressed optimism about Belrise Industries’ listing prospects. A senior investment strategist commented, “The strong subscription numbers, particularly from institutional investors, indicate robust confidence in Belrise Industries’ growth potential. The GMP suggests a healthy listing premium, but investors should remain cautious about market volatility.”

Background

Belrise Industries, formerly known as Badve Engineering, specializes in automotive sheet metal, polymer components, suspension systems, and exhaust solutions. The company caters to major OEMs like Bajaj Auto, Honda, Tata Motors, and Mahindra, with a strong presence in both electric and internal combustion engine vehicle markets.

Conclusion

With the allotment finalized, investors now await the May 28 listing to see how Belrise Industries performs in the secondary market. Given the strong subscription numbers and positive GMP, expectations are high for a successful debut. However, market conditions and broader economic factors will ultimately determine the stock’s trajectory.