Belrise Industries IPO: The general public difficulty of Pune’s Auto-Element Maker Bellariz Industries Restricted goes to open on Could 21. The value band for bidding has been fastened at Rs 85-90 per share. The lot dimension is 166 shares. The corporate needs to lift Rs 2,150 crore by way of its IPO. The IPO may have 23.89 crore new shares from the corporate. There shall be no supply on the market. Anchor traders will bid on 20 Could. The IPO shall be closed on 23 Could. This shall be adopted by the allotment on 26 Could and the itemizing of shares shall be on BSE, NSE on Could 28. Will probably be the second public difficulty within the mainboard phase thus far in FY 2026 after IPO Ather Power. In line with Draft Crimson Herring Prospectus of Bellarize Industries, Axis Capital for IPO, Jeffers, HSBC Securities and SBI Capital Markets, Service provider Bankers. Hyperlink Inteime India Personal Restricted is the Registrar for this difficulty. Promoters of Belrise Industries are Srikanth Shankar Badhave, Supriya Srikanth Badve and Sumedh Srikanth Badhave. Bellariz Industries Restricted presents essential safety -related programs and different engineering options for safety -related programs and agri -vehicles. Its product portfolio contains metallic chassis system, polymer parts, suspension programs, body-in-white parts and exhaust programs and many others. In November 2024, the corporate submitted a draft for IPOs close to the market regulator SEBI. How will the associated information to the IPO’s cash be used for utilizing cash and for basic company functions. 50 p.c of the IPO shall be used for certified establishment In line with Traders. In line with Investorgain.com, Bellariz Industries share in grey market is buying and selling at a premium of Rs 90 to Rs 15.5 or 17.22 p.c. Growww IPO: Groww IPO: How lengthy will the draft be filed close to SEBI, when will the IPO come for the monetary scenario for the yr 2024 Income of Bellarize Industries was Rs 7,484.21 crore from operations. Pure income had been Rs 310.88 crore. Within the interval of April-December 2024, the corporate’s operations had been recorded at Rs 6013.43 crore and a web revenue of Rs 245.47 crore was recorded. Bellariz Industries has many multinational unique Tools Producers like Bajaj Auto Restricted, Honda Bike and Scooter India Personal Restricted, Hero MotoCorp, Jaguar Land Rover, Royal Enfield Motors. Disclaimer: Disclaimer: Right here info is being offered right here. It’s essential to say right here that the funding market available in the market is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
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