Archive · 28 May 2025
Belrise Industries Shares Debut with Positive Market Performance
Belrise Industries, an auto parts maker, started trading its shares on the stock market.
On the NSE, shares started trading at Rs 100, an 11% increase.
On the BSE, it started at Rs 98.50, showing a 9.44% increase.
The shares opened at a higher price than they were initially offered.
The company's IPO had a lot of interest, with many investors wanting to buy shares.
The company specializes in making components for different types of vehicles.
The IPO was well-received, with many more people wanting shares than were available.
Belrise Industries shares listed on the NSE at Rs 100, an 11.11% premium.
Shares listed on the BSE at Rs 98.50, reflecting a 9.44% increase.
The IPO price band was Rs 85-90 per share.
The company specializes in automotive components.
The IPO was oversubscribed by 41.30 times.
- Who
- Belrise Industries
- What
- Belrise Industries shares listing
- When
- Wednesday
- Where
- NSE and BSE
- Why
- The company's shares listed with a premium, reflecting investor interest.
- Listing Date
- Wednesday
- Listing Price
- Rs 100 (NSE)
- Opening Price
- Rs 98.50 (BSE)
- Premium over IPO Price
- 11.11% (NSE)
- Opening Gain
- 9.44% (BSE)
- IPO Price Band
- Rs 85-90 per share
- Market Capitalization
- Rs 8,262.53 crore
Sources
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