The company has fixed the floor price at ₹230.79 per share for the issue. It may offer a discount of up to 5% on the floor price, implying an indicative issue price of ₹220 per share, which is 5.3% below the last closing price.
The QIP could result in an equity dilution of up to 5.78% of the company’s post-issue equity share capital.
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Belrise Industries said the proceeds from the issue will be used for debt repayment, pursuing organic and inorganic growth opportunities, and meeting working capital requirements.
Pune-based Belrise Industries is an automotive component manufacturing company in India offering a diverse range of safety-critical systems. It is a manufacturing company in India that offers a diverse range of safety-critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles.
The company manufactures a wide range of safety-critical systems and engineering solutions for two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and agri-vehicles. Its customer base includes Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.
ALSO READ | Belrise Industries shares surge 12%; management says stake sold to comply with MPS norms
Shares of Belrise Industries Ltd ended at ₹232.30, down by ₹4.40, or 1.86%, on the BSE.
First Published: Jul 14, 2026 10:54 PM IST
