The highly anticipated moment has arrived for thousands of investors as the allotment status for the Belrise Industries Initial Public Offering (IPO) has been finalized today, May 26, 2025. The automotive components manufacturer’s public offering saw an overwhelming response, being subscribed more than 41 times, underscoring strong investor appetite for quality issues in the Indian market.
Belrise Industries, formerly known as Badve Engineering, aimed to raise ₹2,150 crore through this fresh issue of equity shares. The IPO, which was open for subscription from May 21 to May 23, 2025, had a price band of ₹85 to ₹90 per share. The impressive oversubscription across all investor categories, particularly from Qualified Institutional Buyers (QIBs), reflected a robust vote of confidence in the company’s growth prospects and the broader resilience of India’s manufacturing sector.
Checking Your Belrise Industries IPO Allotment Status
For those who applied, checking the allotment status is a straightforward process:
- Through the Registrar (MUFG Intime India Private Limited):
- Visit the official website of MUFG Intime India (formerly Link Intime India Private Limited), the official registrar for the IPO.
- On the homepage, look for the “IPO Allotment Status” section.
- Select “Belrise Industries Limited” from the dropdown menu of companies.
- You will have options to check your status using:
- Your PAN (Permanent Account Number)
- Your IPO Application Number
- Your DP ID / Client ID
- Your Bank Account Number + IFSC Code
- Enter the required details and click “Submit.”
- Through the BSE Website:
- Navigate to the BSE IPO allotment page on www.bseindia.com/investors/appli_check.aspx.
- Under “Issue Type,” select “Equity.”
- From the “Issue Name” dropdown, choose “Belrise Industries Limited.”
- Enter either your Application Number or your PAN.
- Complete the “I am not a robot” captcha and click “Search.”
- Through the NSE Website:
- Visit the NSE IPO allotment portal (registration may be required for first-time users).
- After logging in, select “Belrise Industries Limited” from the IPO allotment status section to view your details.
What Happens Next?
Successful applicants can expect the shares to be credited to their Demat accounts on Tuesday, May 27, 2025. Simultaneously, refunds for applicants who did not receive any shares will also be initiated on the same day.
The focus now shifts to the listing day. Belrise Industries is tentatively scheduled to debut on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday, May 28, 2025. Market observers will be keenly watching the listing performance, especially given the strong Grey Market Premium (GMP) reported prior to allotment, which indicated a potential premium over the issue price.
Belrise Industries’ successful IPO and anticipated listing are significant indicators of investor confidence in India’s growing automotive sector and its potential for long-term value creation.
Shubhangi Gupta is a distinguished content writer and the visionary founder of The Unpleasant – Acha Nahi Sabse Sacha. With a Master’s degree in Commerce from University of Lucknow, Shubhangi has seamlessly blended her academic background with her passion for reading and writing, embarking on a successful career as a content writer since 2019.
