Investing Mantra
Investing Mantra
May 16, 2025 at 06:15 PM
Belrise Industries Limited IPO FINAL Date : 21-23 May Price Band : 85-90 Lot Size : 166 Issue Size : 2,150 Crore (Full Fresh) FV : 5 Retail : 35% M.Cap : 8,009 Cr PE FY24 : 22.7 PE FY25 TTM Basis : 24.5× Comparison with Listed Peers – ▪︎ Bharat Forge : 60x ▪︎ UNO Minda : 60x ▪︎ Motherson Wiring : 42x ▪︎ Endurance Tech : 37.5x ▪︎ Minda Corp : 44x Promoter Holding Post-issue : 99.81%➡️73.01% Lots : Retail - 5,03,681 BHNI - 10,279 SHNI - 5,140 Belrise is an automotive component manufacturer offering a diverse range of safety critical systems and engineering solutions for 2W, 3W, 4W, CV, Agri-Vehicles and Electric vehicles, The Company also supplies components to white goods industries. Its Portfolio includes Metal chassis systems, Polymer Components, Suspension Systems, Body-in-white Components, Exhaust systems, Etc. Belrise currently serves to 29 OEMs including Bajaj Auto, Honda, Hero Motocorp, JLR, Royal Enfield Motors, Tata Motors, TVS, TAFE, Exide, Volkswagen, Tenneco, LG, M&M, Bharat Benz, Ford, Emerson, Fiat, Ashok Leyland, Etc.
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