IPO SYNOPSIS

Belrise Industries Ltd
Registered Office:
Plot No D-39 MIDC Area,Waluj,
Aurangabad. - 431133,
Maharashtra, India.
Website :  NA
Initial public offering of 238,888,888* equity shares of face value of (₹) 5/- each ("Equity Shares") of Belrise Industries Limited (the "Company" or the "Issuer") for cash at a price of (₹) 90/- per equity share (Including a Share Premium of (₹) 85/- per Equity Share) ("Issue Price") aggregating to (₹) 2150.00 crores* ("Issue") and the issue being 26.85% of the post-issue paid up equity share capital of the company. * Subject to finalization of basis of allotment.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-May-25
23-May-25
90.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 166     Further Multiples of : 166
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
2028.61
Axis Capital Ltd
Project Financed
2150.00
 
Post Issue
444.94
 
Issue Price
90.00
 
Projects
Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the company
General corporate purposes
Promoted By
Shrikant Shankkar Badve
Supriya Shrikant Badve
Sumedh Shrikant Badve
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
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