Engineering - Automotive
Sub Sector: automotive component manufacturing
Belrise Industries is an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. Their product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust systems, among others. Their products are largely agnostic to vehicle powertrain types, reflecting their ability in catering to both electric vehicles and internal combustion engine vehicles, thus positioning them favorably to adapt to the growing electric vehicle market. For the Financial Year 2024, their revenue from operations was Rs 74,842.41 million, increasing from Rs 65,824.96 million for the Financial Year 2023 and Rs 53,968.54 million for the Financial Year 2022, growing at a CAGR of 18.17% between the Financial Years 2022 and 2024. They specialize in precision sheet metal pressing and fabrication (i.e., the process of joining sheet metal components to create unified structures for assembling vehicle subsystems and bodies), and they are one of the top three 216 companies with a market share of 24% in the overall two-wheeler metal components segment in India as of the Financial Year ended March 31, 2024, in terms of revenue. The global two-wheeler metal components market was valued at Rs 1,453.85 billion in 2023, and is expected to be valued at Rs 1,767.28 billion in 2029, growing at a CAGR of 3.29% between 2024 and 2029. As a large and well-established precision sheet metal pressing and fabrication company in India, they are well-positioned to capitalize on the growing two-wheeler and four-wheeler markets in India and internationally.
Link Intime India Private Limited
Belrise Industries operates in Engineering - Automotive and automotive component manufacturing. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Belrise Industries is Book Building Process and Object of issue is
Merchant Banker of Belrise Industries IPO is Axis Capital Limited , Hsbc Securities & Capital Markets Private limited , Jefferies India Private Limited , SBI Capital Markets Limited
The DRHP (Draft Red Herring Prospectus) of Belrise Industries IPO was filed on 19 Nov 2024.
No, Belrise Industries IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Belrise Industries are not available now. You can apply in Belrise Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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