# Belrise Industries Limited IPO GMP Today: Complete Guide

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## 1. Belrise Industries IPO - Complete Overview
Belrise Industries Ltd. is opening its doors to public investors after more than three decades as a trusted auto-component maker. Since 1988, the company has crafted everything from chassis frames and suspension assemblies to polymer parts and mirrors. Heavyweights like Tata Motors, Honda, Mahindra, and Jaguar Land Rover rely on Belrise. Now, with the [**Belrise Industries Limited IPO GMP**](https://www.finowings.com/IPO/belrise-industries-limited-ipo), retail and institutional buyers can get in on this growth story.

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## 2. Belrise Industries IPO Details
- **IPO Opens:** May 21, 2025
- **IPO Closes:** May 23, 2025
- **Price Band:** ₹85–₹90 per share
- **Face Value:** ₹5 per share
- **Lot Size:** 166 shares (minimum)
- **Total Issue Size:** 23.88 crore shares (₹2,150 Cr)
- **Listing Venues:** BSE & NSE

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## 3. Company Financial
Recent highlights (all figures in ₹ Crore):
- **Revenue:**
- FY23: 6,620.78
- FY24: 7,555.67
- 9M to Dec 2024: 6,064.76
- **Profit After Tax (PAT):**
- FY23: 356.70
- FY24: 352.70
- 9M to Dec 2024: 245.47
- **Total Assets:**
- FY23: 5,679.15
- FY24: 6,041.65
- 9M to Dec 2024: 6,587.69
- **Borrowings:**
- FY23: 2,271.40
- FY24: 2,440.98
- 9M to Dec 2024: 2,599.80

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## 4. The Objective of the Issue
1. Repay or pre-pay certain existing borrowings in full or in part.
2. Fund capital expenditure for capacity expansion and new product lines.
3. Meet general corporate purposes.

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## 5. Peers of Belrise Industries
- Bharat Forge Ltd.
- UNO Minda Ltd.
- Motherson Sumi Wiring India Ltd.
- JBM Auto Ltd.
- Endurance Technologies Ltd.
- Minda Corporation Ltd.

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## 6. Evaluation
- **Belrise P/E (FY24):** ~18.8×
- **Industry Avg P/E:** 50.4×

At under 19×, the Belrise Industries IPO price looks attractively valued compared to peers.

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## 7. IPO’s Strengths
- Strong, long-term relationships with top OEMs.
- Vertical integration across R&D, tooling, and assembly.
- EV-ready components for both ICE and electric vehicles.
- Over 35 years of consistent performance.
- Healthy profit margins in a cyclical sector.

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## 8. IPO’s Weaknesses
- High revenue concentration: top 10 clients = >84% of sales.
- Exposure to auto industry cycles.
- Forex risk from export operations.

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## 9. Belrise Industries IPO GMP Today
- **GMP (as of May 17, 2025):** ₹17 per share
- **Estimated Listing Price:** ₹90 + ₹17 = ₹107

*Live IPO GMP* and [**Belrise Industries IPO GMP**](https://www.finowings.com/IPO/belrise-industries-limited-ipo) offer a real-time view of demand.

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## 10. Promoters and Management of Belrise Industries Ltd.
- **Shrikant Shankar Badve**, Chairman & MD
- **Supriya Shrikant Badve**, Director
- **Sumedh Shrikant Badve**, Director

Pre-issue promoter shareholding: ~99.8%.

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## 11. IPO Lead Managers
- Axis Capital Ltd.
- HSBC Securities & Capital Markets Pvt. Ltd.
- Jefferies India Pvt. Ltd.
- SBI Capital Markets Ltd.

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## 12. Dividend Policy
- FY23 dividend: ₹1 per share (₹2.03 Cr total)
- Policy aims for balanced payout while funding growth.

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## 13. Conclusion
The [**Belrise Industries Limited IPO GMP**](https://www.finowings.com/IPO/belrise-industries-limited-ipo) offers a fair Belrise Industries IPO price, a promising IPO GMP Today of ₹17, and solid financials. With strong OEM ties, vertical integration, and EV-ready products, Belrise presents a compelling opportunity. Don’t miss applying between May 21–23, 2025, and check your Belrise Industries IPO allotment status on May 26 before the May 28 listing.